steel doors
The company has hired Julia the former executive vice presidenyt and chief financial officedat , as Maderis’ replacement. Maderis’ health conditionj was not disclosed, but she will continue to servee onFive Prime’s board of directors and as a Her final day on the job is June 18. “Gail’s leadership has been pivotal in the progress Five Primw has made in developing our pipeline and our newdiscoverhy platform,” said company founder and executiver chairman Dr. Lewis “Rusty” Williams in a presz release.
Maderis said the company had been lookin for a replacement since late last year afte doctorssaid "the 24/7 pace of a small-companyy CEO" could worsen her condition. Besides her dutiezs at Five Prime, Maderis has been a cheerleadeer for the MissionBay enclave, serving on the Mayor’sa . Five Prime, a privately 7-year-old company developing antibody and protein drug s for cancer andother diseases, was the firs to locate in Mission Bay, takinfg about 30,000 feet in the building on Owenws Street.
Earlier this year, it took an additional 5,000 squarew feet next door at 1700 Owens as it makez batches for its Phase I oncology drug The timing of the executive changre as Five Prime moves forward with its lead cancer programmakes Gregory’s appointment a crucial one. At Lexicon, Gregoryy was responsible for financint strategies, mergers and acquisitions, business operations and all financia l managementand accounting. She raised about $1 billiomn in public and private equity, producr development financing andotheer transactions. Gregory, who will join Five Prime’s board, was an investmentf banker for more than 20 Atand Dillon, Read Co. Inc.
she was head of healthcarwe andinvestment banking, leading several private and publicv equity deals as well as mergers and Gregory also is a membetr of the board of The and the ’sz .
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