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Sana Biotechnology Appoints Brian Piper as Executive Vice President, Chief Financial Officer

MWN-AI** Summary

Sana Biotechnology, Inc. (NASDAQ: SANA) announced on February 17, 2026, the appointment of Brian Piper as Executive Vice President and Chief Financial Officer, marking a significant addition to the company's leadership. Piper, who has over 25 years of biopharmaceutical financial and operational experience, previously held the CFO position at Scorpion Therapeutics and its subsequent spin-off, Antares Therapeutics, as well as at Prelude Therapeutics and Aevi Genomic Medicine. His extensive background also includes 13 years at Shire Pharmaceuticals, where he was involved in investor relations and corporate venture capital.

Steve Harr, Sana's President and CEO, expressed excitement about Piper's arrival, highlighting his expertise in capital formation and disciplined capital allocation, which are essential as Sana moves forward with its clinical programs. In the next 12-18 months, the company anticipates initial clinical data for SC451, targeting type 1 diabetes, and SG293 for B-cell related diseases, which are expected to create critical value inflection points.

Piper commented on his enthusiasm for joining Sana at a pivotal moment, as the company is gearing up for clinical development focused on hypoimmune-modified pancreatic islet cells and in vivo CAR T treatments. He aims to drive operational excellence and ensure a strong financial position to support the company’s vision of delivering transformative therapies to patients.

Sana Biotechnology is dedicated to innovating engineered cells as medicines and operates with a vision of repairing genes and replacing damaged or missing cells to provide accessible treatments for various diseases. With a commitment to patient impact and shareholder value, Sana continues to expand its operations across several strategic locations in the U.S.

MWN-AI** Analysis

The recent appointment of Brian Piper as Executive Vice President and Chief Financial Officer at Sana Biotechnology (NASDAQ: SANA) heralds a new phase for the company, particularly as it ramps up its focus on engineered cell therapies for diseases such as type 1 diabetes. With more than 25 years of financial and operational experience in the biopharmaceutical sector, Piper brings a valuable skill set that could enhance Sana’s strategic direction and financial stewardship, especially at a critical juncture for the company.

Investors should closely monitor developments in Sana’s clinical programs, specifically SC451 and SG293, which are anticipated to produce initial clinical data within the next 12-18 months. This timeframe presents potential inflection points that could significantly affect the stock price, depending on the data outcomes. Given Piper's proven history of capital formation and disciplined allocation, there is optimism that he will effectively manage resources to maximize these opportunities.

Moreover, Piper's recent experiences as CFO for Scorpion Therapeutics and Antares Therapeutics suggest he is adept at navigating the complexities of biopharmaceutical finance, especially post-acquisition dynamics. Such expertise may prove beneficial as Sana seeks to position itself as a leader in cell-based therapies amidst increasing competition in the biotech space.

However, investors should maintain a cautious perspective. The biotechnology sector is known for its volatility, and uncertainties surrounding clinical trial results and regulatory approvals can lead to significant price swings. It is essential for potential investors to stay informed about Sana’s progress and the broader market conditions impacting healthcare investments.

In summary, while the appointment of Brian Piper is a bullish signal, a prudent investment strategy would involve consistent monitoring of clinical developments and market trends that could impact Sana Biotechnology's performance.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

SEATTLE, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Sana Biotechnology, Inc. (NASDAQ: SANA), a company focused on changing the possible for patients through engineered cells, today announced the appointment of Brian Piper as Executive Vice President, Chief Financial Officer. Mr. Piper brings to Sana a breadth of biopharmaceutical financial and operational expertise with over 25 years of experience in various positions in the industry. Mr. Piper was most recently CFO of Scorpion Therapeutics and its post-acquisition spin-off, Antares Therapeutics.

“I am thrilled to welcome Brian to Sana and to our leadership team,” said Steve Harr, President and Chief Executive Officer of Sana. “He brings deep expertise in capital formation and disciplined capital allocation along with a proven track record of driving financial and operational excellence. Over the next 12-18 months, we expect to generate initial clinical data for SC451 in the treatment of type 1 diabetes and SG293 in a B-cell related disease, helping us better understand these therapies and creating important value inflection points for the company. We have meaningful momentum in our type 1 diabetes and in vivo CAR T programs, and his leadership will be critical as we continue to advance our portfolio, optimize long?term value creation, and work to deliver these transformative therapies for patients.”

Mr. Piper was previously Chief Financial Officer of Scorpion Therapeutics until its acquisition by Eli Lilly in 2025, and thereafter was Chief Financial Officer of Antares Therapeutics, following its spin-off from Scorpion. Prior to that, he was Chief Financial Officer of Prelude Therapeutics, a public biotech company. Earlier, he served as Chief Financial Officer of Aevi Genomic Medicine. He also spent 13 years at Shire Pharmaceuticals, holding senior roles across investor relations, corporate venture capital, and other finance functions. Mr. Piper began his career at Celera Genomics and Otsuka Pharmaceuticals, Inc. He obtained his M.B.A. from the University of Maryland and his B.B.A. from the University of Notre Dame.

Mr. Piper added, “I am delighted to join the Sana team at a pivotal time as we build on the demonstrated clinical potential of hypoimmune-modified pancreatic islet cells in type 1 diabetes and start clinical development for the in vivo CAR T platform. I look forward to working closely with the team to ensure a strong balance sheet, drive operational excellence, and apply disciplined capital allocation in support of our vision for patient impact and shareholder value.”

About Sana Biotechnology
Sana Biotechnology, Inc. is focused on creating and delivering engineered cells as medicines for patients. We share a vision of repairing and controlling genes, replacing missing or damaged cells, and making our therapies broadly available to patients. We are a passionate group of people working together to create an enduring company that changes how the world treats disease. Sana has operations in Seattle, WA, Cambridge, MA, and South San Francisco, CA. For more information about Sana Biotechnology, please visit https://sana.com/.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements about Sana Biotechnology, Inc. (the “Company,” “we,” “us,” or “our”) within the meaning of the federal securities laws, including those related to the Company’s vision, progress, and business plans; expectations for and the potential timing, significance, and impact of data from its development programs, product candidates, and technology platforms, including its preclinical, clinical, and regulatory development plans; expectations regarding the Company’s value creation and inflection points, balance sheet, operations, and capital allocation and the potential impact for patients and shareholders; and statements by the Company’s President and Chief Executive Officer and Executive Vice President, Chief Financial Officer. All statements other than statements of historical facts contained in this press release, including, among others, statements regarding the Company’s strategy, expectations, future operations, and prospects, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “design,” “due,” “estimate,” “expect,” “goal,” “intend,” “may,” “objective,” “plan,” “positioned,” “potential,” “predict,” “seek,” “should,” “target,” “will,” “would,” and other similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or other comparable terminology. The Company has based these forward-looking statements largely on its current expectations, estimates, forecasts, and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, and financial needs. In light of the significant uncertainties in these forward-looking statements, you should not rely upon forward-looking statements as predictions of future events. These statements are subject to risks and uncertainties that could cause the actual results to vary materially, including, among others, the risks inherent in drug development such as those associated with the initiation, cost, timing, progress, and results of the Company’s current and future research and development programs, preclinical and clinical trials, as well as economic, market, and social disruptions. For a detailed discussion of the risk factors that could affect the Company’s actual results, please refer to the risk factors identified in the Company’s SEC reports, including but not limited to its Quarterly Report on Form 10-Q dated November 6, 2025. Except as required by law, the Company undertakes no obligation to update publicly any forward-looking statements for any reason.

Investor Relations & Media:
Nicole Keith
investor.relations@sana.com
media@sana.com


FAQ**

What are the specific strategies that Sana Biotechnology Inc. SANA plans to implement under Brian Piper's leadership to ensure disciplined capital allocation and operational excellence in their upcoming clinical trials?

Under Brian Piper's leadership, Sana Biotechnology Inc. plans to implement strategies focusing on streamlined trial design, rigorous budget management, strategic partnerships, and data-driven decision-making to enhance disciplined capital allocation and operational excellence in their clinical trials.

How does Sana Biotechnology Inc. SANA intend to utilize the initial clinical data for SC451 and SG293 to create value inflection points over the next 12-18 months?

Sana Biotechnology Inc. plans to leverage initial clinical data from SC451 and SG293 to strategically advance their research and development efforts, attract potential partnerships, and enhance investor confidence, thereby creating significant value inflection points within the next 12-18 months.

In what ways does Sana Biotechnology Inc. SANA plan to expand its portfolio beyond type 1 diabetes and B-cell related diseases as it develops its in vivo CAR T platform?

Sana Biotechnology Inc. plans to expand its portfolio beyond type 1 diabetes and B-cell related diseases by leveraging its in vivo CAR T platform to develop therapies for various cancers and genetic disorders, aiming to address a broader spectrum of high unmet medical needs.

What potential risks does Sana Biotechnology Inc. SANA foresee in drug development, particularly concerning its clinical trials, and how does it plan to mitigate these risks moving forward?

Sana Biotechnology Inc. foresees risks in drug development such as delays, regulatory challenges, and safety concerns during clinical trials, and plans to mitigate these by enhancing preclinical research, employing robust trial designs, and maintaining regulatory engagement.

**MWN-AI FAQ is based on asking OpenAI questions about Sana Biotechnology Inc. (NASDAQ: SANA).

Sana Biotechnology Inc.

NASDAQ: SANA

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