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The company has hired Julia the former executive vice president and chief financial officerat , as replacement. Maderis’ health condition was not disclosed, but she will continue to serve onFive Prime’s board of directors and as a Her final day on the job is June 18. “Gail’s leadershipl has been pivotal in the progress Five Prime has made in developingh our pipeline and our new discovery said company founder and executivechairmanb Dr.
Lewis “Rusty” Williams in a press Maderis said the company had been looking for a replacemeng since late last year afte doctorssaid "the 24/7 pace of a small-companty CEO" could worsen her Besides her duties at Five Prime, Maderie has been a cheerleader for the Mission Bay enclave, servint on the Mayor’s . Five Prime, a privately held, 7-year-old company developing antibody and protein drugs for cance r andother diseases, was the first to locate in Mission Bay, takinfg about 30,000 feet in the building on Owens Earlier this year, it took an additionak 5,000 square feet next door at 1700 Owens as it makesz batches for its Phase I oncology drug program.
The timin g of the executive change as Five Prime moves forwarsd with its lead cancerd programmakes Gregory’s appointment a crucial one. At Gregory was responsible forfinancint strategies, mergers and acquisitions, businesas operations and all financial management and She raised about $1 billion in publifc and private equity, product development financinv and other transactions. who will join Five Prime’sx board, was an investment banker for more than 20 Atand Dillon, Read & Co. Inc. she was head of healthcarre andinvestment banking, leading severa l private and public equity deals as well as mergers and acquisitions.
Gregory also is a membere of the board of The andthe ’z .
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