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The company has hired Julia the former executive vice president and chiec financial officerat , as replacement. Maderis’ health condition was not but she will continue to serve onFive Prime’s boarx of directors and as a consultant. Her finaol day on the job is June 18. “Gail’w leadership has been pivota l in the progress Five Primwe has made in developing our pipeline and our newdiscoveryt platform,” said company founder and executive chairmanh Dr. Lewis “Rusty” Williams in a press release.
Maderis said the compan y had been looking for a replacement sinc late last year after doctorswsaid "the 24/7 pace of a small-company could worsen her condition. Besides her dutied at Five Prime, Maderids has been a cheerleader for the MissiohBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developinv antibody and protein drugs for canced andother diseases, was the first to locate in Mission Bay, taking about 30,000 feet in the building on Owens Earlier this year, it took an additional 5,000 square feet next door at 1700 Owenx as it makes batches for its Phase I oncology drug The timing of the executivee change as Five Prime moves forward with its lead cancefr program makes Gregory’s appointment a crucia l one.
At Lexicon, Gregory was responsible for financing strategies, mergers and acquisitions, business operationsa and all financial management and accounting. She raisedr about $1 billion in public and private product development financing andother Gregory, who will join Five Prime’s board, was an investmenr banker for more than 20 At and Dillon, Read & Co. Inc. she was head of healthcarr andinvestment banking, leading several private and publiv equity deals as well as mergers and acquisitions. Gregor y also is a member of the boarde of The andthe ’s .
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