Tuesday, May 8, 2012

Maderis stepping down from Five Prime - bizjournals:

xysecurakihir.blogspot.com
The company has hired Juliqa Gregory, the former executive vice president and chief financiall officerat , as Maderis’ replacement. Maderis’ healtu condition was not but she will continue to serv e onFive Prime’s board of directors and as a consultant. Her finap day on the job is June 18. “Gail’s leadershipp has been pivotal in the progres Five Prime has made in developinyg our pipeline and our newdiscovergy platform,” said company founder and executives chairman Dr. Lewis “Rusty” Williams in a pressw release.
Maderis said the company had been lookingb for a replacement since late last year after doctordsaid "the 24/7 pace of a small-companyy CEO" could worsen her condition. Besidesd her duties at Five Prime, Maderis has been a cheerleader for the MissiomBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developing antibodt and protein drugs for cancer andother diseases, was the firstg to locate in Mission Bay, taking abougt 30,000 feet in the building on Owenzs Street. Earlier this year, it took an additional 5,000 square feet next door at 1700 Owenzs as it makes batches for its Phase I oncologyudrug program.
The timing of the executive change as Five Primes moves forward with its lead cancer programmakes Gregory’s appointment a cruciao one. At Lexicon, Gregory was responsible for financingy strategies, mergers and acquisitions, businesxs operations and all financial managementand accounting. She raised abouf $1 billion in public and private equity, product developmentr financing andother Gregory, who will join Five Prime’s was an investment banker for more than 20 At and Dillon, Read & Co. Inc.
she was head of healthcard andinvestment banking, leading several privater and public equity deals as well as mergers and Gregory also is a membet of the board of The and the ’sw .

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