ImmunoCellular Therapeutics, Ltd. ("ImmunoCellular” or the "Company”)
(OTCBB:IMUC) announced today that Helen Kim has been appointed to the
Company’s Board of Directors and has been elected to be Chairperson of
the Company’s Product Strategic Committee. Ms. Kim currently serves on
the Board of Directors at Sunesis Pharmaceuticals and as the Chief
Business Officer of NGM Biopharmaceuticals, a privately held drug
discovery company.
Ms. Kim was the president and CEO of Kosan Biosciences Inc., where she
restructured and repositioned the company prior to the successful sale
of the company to Bristol-Myers Squibb. She also held senior positions
at Affymax, Onyx Pharmaceuticals, Protein Design Labs and Chiron
Corporation. In addition to her industry experience, Ms. Kim recently
served as Chief Program Officer for the Gordon and Betty Moore
Foundation. Ms. Kim has a B.S. in Chemical Engineering from Northwestern
University and an M.B.A. from the University of Chicago.
"We are excited to welcome Helen Kim to our Board of Directors and as
our Chairperson for our Product Strategic Committee,” said John Yu, MD,
Chairman of ImmunoCellular Therapeutics. "She brings invaluable industry
experience and leadership to our Board of Directors and Strategic
Planning Committee.”
About ImmunoCellular Therapeutics
IMUC is a Los Angeles-based clinical-stage company that is developing
immune-based therapies for the treatment of brain and other cancers. The
Company recently commenced a Phase II trial of its lead product
candidate, ICT-107, a dendritic cell-based vaccine targeting multiple
tumor associated antigens for glioblastoma. To learn more about IMUC,
please visit www.imuc.com.
Forward-Looking Statements
This press release contains certain forward-looking statements that are
subject to a number of risks and uncertainties, including without
limitation the need for substantial additional capital to fund
development of product candidates beyond their initial clinical or
pre-clinical stages; the risk that the safety and efficacy results
obtained in the Phase I trial for the dendritic cell-based vaccine will
not be confirmed in subsequent trials; the risk that the correlation
between immunological response and progression-free and overall survival
in the Phase I trial for ICT-107 will not be reflected in statistically
significant larger patient populations; the risk that IMUC will not be
able to secure a partner company for development or commercialization of
ICT-107; the need to satisfy performance milestones to maintain the
vaccine technology licenses with Cedars-Sinai; the risks associated with
adhering to projected preclinical or clinical timelines and the
uncertainties of outcomes of development work for product candidates;
and the risk of obtaining patent coverage for the dendritic cell-based
vaccine or that any patents covering this vaccine will provide
commercially significant protection for this product candidate.
Additional risks and uncertainties are described in IMUC's most recently
filed SEC documents, such as its most recent annual report on Form 10-K,
all quarterly reports on Form 10-Q and any current reports on Form 8-K.
IMUC undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
