Dr. Horgan, an immunology and oncology drug development expert, is
well positioned to drive Seres microbiome clinical programs forward
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Oct. 22, 2018--
Seres
Therapeutics, Inc. (Nasdaq:MCRB) today announced the appointment of
Kevin Horgan, M.D., as Executive Vice President and Chief Medical
Officer. Dr. Horgan will lead Seres’ clinical development, clinical
operations, regulatory affairs, and medical affairs functions. Dr.
Horgan will succeed Seres’ outgoing Chief Medical Officer, Michele
Trucksis, Ph.D., M.D., who will continue to provide consulting services
to the Company.
“I am delighted to welcome Dr. Kevin Horgan as our Chief Medical
Officer, reporting directly to me. Kevin is an accomplished drug
developer with extensive experience successfully leading numerous mid-
and late-stage clinical programs to approval. Seres’ R&D efforts are
increasingly focused on early and later stage immunological indications,
and Kevin’s deep clinical background in these areas makes him very well
suited to lead our clinical development studies,” said Roger J.
Pomerantz, M.D., President, CEO and Chairman of Seres. “I would also
like to thank Shelley for her contributions to Seres, which included
initiating and completing several of the first microbiome therapeutic
clinical studies ever conducted. We appreciate her continued consulting
through the transition.”
Dr. Horgan commented, “I am extremely excited to join Seres Therapeutics
to advance the emerging modality of microbiome-based medicine.
Microbiome therapeutics have tremendous promise across the wide spectrum
of diseases in which the immune system is increasingly recognized as
playing a critical role, from inflammation to cancer. I look forward to
working with the outstanding Seres team to advance new clinical studies
with a focus on SER-287 in ulcerative colitis, and SER-401 in
immuno-oncology, and also to support the progression of the broader
pipeline.”
Over a three-decade academic and industry career, Dr. Horgan has
contributed to the development and approval of multiple therapeutics
across immunology and oncology indications. Most recently, Dr. Horgan
was Vice President of Clinical Development at AstraZeneca where he led
the development of combination immune-oncology programs. Dr. Horgan
earlier co-founded Tucana Health, a microbiome diagnostics company.
Previously, Dr. Horgan held Chief Medical Officer roles at Soligenix and
Coronado. Prior to those roles, he was Vice President of Clinical
Immunology at Centocor during the development and approval of Remicade,
Stelara and Simponi, approved for inflammatory bowel disease
indications. Dr. Horgan began his industry career at Merck, following
positions in academic medicine at the University of California, Los
Angeles and immunologic training at the National Cancer Institute. Dr.
Horgan earned his medical degree from University College Cork in
Ireland. He did his medical residency on the Osler Service, at The Johns
Hopkins Hospital.
About Seres Therapeutics
Seres Therapeutics, Inc. (Nasdaq:MCRB) is a leading microbiome
therapeutics platform company developing a novel class of biological
drugs that are designed to treat disease by restoring the function of a
dysbiotic microbiome, where the state of bacterial diversity and
function is imbalanced. Seres’ lead program, SER-109, has obtained
Breakthrough Therapy and Orphan Drug designations from the U.S. Food and
Drug Administration and is in Phase 3 development for multiply recurrent C.
difficile infection. SER-287 has successfully completed a Phase 1b
study in patients with mild-to-moderate ulcerative colitis. Seres is
developing SER-262, the first ever synthetic microbiome therapeutic
candidate, in a Phase 1b study in patients with primary C. difficile
infection. Seres is also developing SER-401 to augment the efficacy of
immuno-oncology treatment. For more information, please visit www.serestherapeutics.com.
Follow us on Twitter @SeresTx.
Forward-looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. All
statements contained in this press release that do not relate to matters
of historical fact should be considered forward-looking statements,
including Dr. Horgan’s potential contribution to the Company, any
ongoing relationship Dr. Trucksis may have with the Company, and the
success of the Company’s clinical programs.
These forward-looking statements are based on management’s current
expectations. These statements are neither promises nor guarantees, but
involve known and unknown risks, uncertainties and other important
factors that may cause our actual results, performance or achievements
to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements,
including, but not limited to, the following: we have incurred
significant losses, are not currently profitable and may never become
profitable; our need for additional funding; our limited operating
history; our unproven approach to therapeutic intervention; the lengthy,
expensive, and uncertain process of clinical drug development; our
reliance on third parties and collaborators to conduct our clinical
trials, manufacture our product candidates, and develop and
commercialize our product candidates, if approved; our lack of expertise
in manufacturing, selling, marketing, and distributing our product
candidates; failure to compete successfully against other drug
companies; protection of our proprietary technology and the
confidentiality of our trade secrets; potential lawsuits for, or claims
of, infringement of third-party intellectual property or challenges to
the ownership of our intellectual property; our patents being found
invalid or unenforceable; our ability to retain key personnel and to
manage our growth; the potential volatility of our common stock; and our
management and principal stockholders have the ability to control or
significantly influence our business. These and other important factors
discussed under the caption “Risk Factors” in our Quarterly Report on
Form 10-Q filed with the Securities and Exchange Commission, or SEC, on
August 2, 2018 and our other reports filed with the SEC could cause
actual results to differ materially from those indicated by the
forward-looking statements made in this press release. Any such
forward-looking statements represent management’s estimates as of the
date of this press release. While we may elect to update such
forward-looking statements at some point in the future, we disclaim any
obligation to do so, even if subsequent events cause our views to
change. These forward-looking statements should not be relied upon as
representing our views as of any date subsequent to the date of this
press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181022005069/en/
Source: Seres Therapeutics, Inc.
IR and PR Contact:
Seres Therapeutics
Carlo Tanzi,
Ph.D., 617-203-3467
Vice President, Investor Relations and
Corporate Communications
ctanzi@serestherapeutics.com