Business Wire

bit.bio expands Board of Directors with the Appointment of Entrepreneurs and a Nobel Laureate

Share

Today bit.bio welcomes three new members to its board of directors, who bring their respective experience of turning world class science into new industries and company growth. The new directors will provide important guidance as bit.bio scales their proprietary synthetic biology cell programming technology platform, creating products and solutions based on human cells that can transform healthcare from basic research and drug discovery to next generation cell based therapies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211028005473/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

bit.bio's three new board members. (Photo: Business Wire)

Hermann Hauser will be the chair of the board. He brings valuable experience in creating entire new industries and markets through groundbreaking technologies with his experience as co-founder of Arm Ltd. holdings, a world leading UK computer chip company. As an early investor of Solexa (now Illumina), Dr. Hauser laid the foundation for the ongoing synthetic biology revolution with technologies to read the human genome. He is also a key member of the Cambridge science and technology community, as well as a trusted innovation advisor of the UK government. Dr. Hauser is a fellow of the Royal Society, KBE and co-founder of the venture capital firm Amadeus Capital Partners.

Hermann Hauser said:

“I believe bit.bio is well positioned to become one of the defining companies in the synthetic biology field, and I am very excited to take the position of chair of the board. I see world changing potential in their technology and look forward to bringing my experience and expertise to the leadership team. I want to see bit.bio grow into an iconic Cambridge company, creating jobs and new industries, and most importantly, bringing the next generation of medicines to patients.”

Sir Gregory Winter is a Nobel prize winning scientist who invented technologies for making therapeutic monoclonal antibodies, and was directly involved in their industrial development, notably through the start up company Cambridge Antibody Technology Ltd. His inventions underpin many of the therapeutic antibodies in development and on the market, including blockbuster drugs such as Humira, Herceptin, Avastin and Keytruda. More recently, through Bicycle Therapeutics, he has been helping to develop another invention - the use of bicyclic peptides as a platform for novel therapeutics.

Sir Gregory Winter said:

“I think we are still in the foothills when it comes to the use of human cells for therapeutic applications, and I am excited to join bit.bio on their journey to the peaks. With access to potentially unlimited numbers of human cells at defined states of differentiation, we could do so much more for patients - whether researching difficult to treat, complex diseases, screening potential drugs on human cells, or developing precision cell therapies at an affordable cost. And the opti-ox technology seems to offer a realistic path to scale those peaks.”

Alan S. Roemer will bring his entrepreneurial expertise from the biotechnology sector to bit.bio. As a life sciences executive and board director, he will offer meaningful capital markets and operational business building experience to ensure that bit.bio is well-financed and well-positioned to scale. Mr. Roemer has launched three multi-billion dollar biotechnology companies, raised over $1.75 billion in private and public capital, and consummated five IPOs. He was a founding leadership team member of Pharmasset (acquired by Gilead Sciences for $11 billion ) and Roivant Sciences, a company developing innovative medicines through a novel form of industrial organisation in R&D. His experience at Roivant is particularly relevant to bit.bio’s strategy to build its cell coding technology opti-ox into multiple verticals where human cells are applied to research, drug discovery and cell therapies. In addition to serving as a member of the board, Mr. Roemer will chair the audit and compensation committees.

Alan Roemer said:

"bit.bio is at that exciting stage of growth and evolution that I have been through several times before. It fuels my entrepreneurial spirit with the ‘fun factor’ of company expansion and cultural impact. I am excited to help the leadership team ‘see around corners’ using my experience from my other high-growth companies. Most importantly, I want to provide meaningful guidance to finance and scale the business, exploit the full potential of bit.bio’s core technology and have the potential to positively impact patients' lives.”

Mark Kotter, founder and CEO of bit.bio said:

“I’m humbled to be bringing together three world leaders in science, entrepreneurship and industry making for the board of bit.bio. The expertise and experience our new board will bring to the company will give our technology the best chance to transform healthcare for every patient, everywhere.”

- ENDS -

About bit.bio
Accelerated biomedical research, new generations of cures, increased global sustainability. These are in reach when biology transitions to engineering.

At bit.bio, we work relentlessly to achieve this goal. We combine the concepts of coding and biology to provide human cells for research, drug discovery, and a new generation of medicines.

For more information visit bit.bio

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

April Six on behalf of bit.bio
bitbio@aprilsix.com
+44 7875 468942

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

SoftServe Acknowledged as a Major Contender in Healthcare Analytics Services by Everest Group7.12.2021 15:05:00 EET | Press release

SoftServe, a leading digital authority and consulting company, has been recognized by Everest Group as a Major Contender in healthcare analytics services, according to Everest Group’s Healthcare Analytics Services PEAK Matrix® Assessment 2022. The recognition marks the first year that SoftServe has participated in Everest Group’s annual assessment of the healthcare analytics services marketplace. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211207005472/en/ SoftServe Positioned as a Major Contender in Healthcare Analytics Services by Everest Group (Graphic: Business Wire) “Our positioning as a Major Contender in Healthcare Analytics is a validation of our strong healthcare domain and technology expertise and of our ability to accelerate business outcomes across the healthcare landscape,” said Adam Gabrault, Executive Vice President of Healthcare and Life Sciences at SoftServe. “We are thankful to our customers for their pa

Moody’s Recognized with CDP’s ‘A’ Score on Climate Action for Second Consecutive Year7.12.2021 15:00:00 EET | Press release

Moody’s Corporation (NYSE:MCO) announced today that it has received an ‘A’ score from CDP on climate action for the second consecutive year. The top score recognizes Moody’s as one of a small number of high-performing companies out of nearly 12,000 that are leading actions to cut emissions, mitigate climate risks and develop the low-carbon economy. “As a member of CDP’s Reporter Services and Supply Chain programs, Moody’s Corporation has demonstrated environmental leadership and commitment to curb climate change within their business, as well as among their suppliers. Looking ahead, we are excited to see their continued dedication to transparency and prolonged effort to securing a net-zero, sustainable world,” said Simon Fischweicher, Head of Corporates and Supply Chains for CDP North America. In 2021, Moody’s accelerated its commitment to achieve net-zero emissions by 2040, bringing its original target forward by ten years, and advanced its validated, interim net-zero science-based ta

Medicago and GSK Announce Positive Phase 3 Efficacy and Safety Results for Adjuvanted Plant-Based COVID-19 Vaccine Candidate7.12.2021 15:00:00 EET | Press release

Medicago, a biopharmaceutical company headquartered in Quebec City, and GlaxoSmithKline (GSK) today announce positive efficacy and safety results from the global Phase 3 placebo-controlled efficacy study of Medicago’s plant-based COVID-19 vaccine candidate in combination with GSK’s pandemic adjuvant, conducted in over 24,000 subjects, adults 18 years and above, across six countries. Vaccine efficacy was demonstrated in an environment dominated by SARS-CoV-2 variants, unlike most published Phase 3 efficacy trials for currently licensed COVID-19 vaccines that were conducted when only the ancestral virus was circulating, making direct comparisons impossible. The overall vaccine efficacy rate against all variants of SARS-CoV-2 was 71% (95% Confidence Interval: CI 58.7, 80.0; Per Protocol Analysis: PP). The corresponding number for people with an initial seronegative status indicating no previous exposure to COVID-19 was 75.6% (95% CI: 64.2-83.7; PP). The vaccine candidate demonstrated effi

Philip Morris International Receives Second Consecutive “Triple A” Rating from CDP7.12.2021 14:45:00 EET | Press release

Philip Morris International Inc. (PMI) (NYSE: PM) today, for the second year in a row, announced it has been recognized as a global environmental leader by CDP, a not-for-profit charity that runs a global disclosure system for investors, companies, cities, and regions to manage their environmental impacts. PMI has been honored by the CDP’s “Triple A” score, recognizing the company’s best-in-class environmental performance and leadership in tackling climate change, as well as protecting forests and water security. The ranking places PMI among the select few to achieve the prestigious Triple A score and among the world's most pioneering companies leading on environmental transparency and performance. “External validation from organizations like CDP encourages us to continue on our journey to create a net-positive impact on society. We are humbled PMI has received CDP’s ‘Triple A’ distinction for a second time,” said Jennifer Motles, Chief Sustainability Officer. “As we continue to transf

Alvotech and Oaktree Acquisition Corp. II Announce Merger Agreement to Create a Leading Publicly-Traded Global Biopharmaceutical Company7.12.2021 14:00:00 EET | Press release

Alvotech Holdings S.A. (“Alvotech”), a leading global biopharmaceutical company focused solely on the development and manufacture of biosimilar medicines for patients worldwide, and Oaktree Acquisition Corp. II (NYSE: OACB.U, OACB, OACB WS), a special purpose acquisition company sponsored by an affiliate of Oaktree Capital Management, L.P. (“Oaktree”), announced today that they have entered into a definitive merger agreement. Upon completion of the transaction, the combined company’s securities are expected to be traded on NASDAQ under the symbol “ALVO.” Company Overview Alvotech, founded in 2013 in Reykjavik, Iceland, is a vertically integrated platform company focused exclusively on developing and manufacturing biosimilar medicines for the global market. Alvotech has a world class management team of proven and highly experienced pharmaceuticals executives with deep expertise in biologics and biosimilars, led by a visionary founder, Robert Wessman, who has a track record of building g

Vodafone Cook Islands Goes Live With Hansen to Accelerate Digital Transformation Programme7.12.2021 14:00:00 EET | Press release

Hansen Technologies (ASX:HSN) is pleased to announce that Vodafone Cook Islands is now live with Hansen CCB, part of the Hansen Suite for Communications Service Providers (CSPs). Hansen CCB, a tailor-made billing solution leveraging Microsoft Dynamics 365 Business Central, delivers end-to-end ‘Business in a Box’ ERP capability for CSPs around the world. Vodafone now joins Hansen’s family of over 600 global customers. Vodafone Cook Islands was looking to replace its legacy finance and billing systems with a single application, suitable for their direct, local customer base and which could also cater to their relatively large volume of short-term tourist contracts. Being a remote location, the need for a self-managed solution with extensive configuration capability, browser-based interfaces, modern integrations and demonstrated market experience was essential. Hansen CCB allows CSPs to implement and bill new communications services rapidly, and also enables the delivery of fixed and mobi

American Airlines Pilots First to Use CEFA Aviation Flight Replay App in the U.S.7.12.2021 13:16:00 EET | Press release

American Airlines, the world’s largest airline, is the first carrier in the U.S. to adopt CEFA AMS, an Electronic Flight Bag (EFB) application allowing pilots to virtually review flight data on their tablet after landing. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211207005055/en/ CEFA AMS (Aviation Mobile Services) is the first self-improvement tool allowing individual pilots to access and review the specifics of their flight after landing. (Photo: Business Wire) CEFA AMS (Aviation Mobile Services) is the first self-improvement tool allowing individual pilots to access and review the specifics of their flight after landing. Captain Neil Raaz, Operations Safety Director at American Airlines, says that CEFA AMS is the next step in American’s data-driven approach to relentlessly advance safety. “By choosing CEFA AMS, we are now able to advance the Safety-II approach in a practical way in our operations. This progressive ne

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom