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4D Molecular Therapeutics Announces Resignation of Professor David Schaffer, Ph.D. from the Company’s Board of Directors
EMERYVILLE, Calif., Feb. 22, 2022 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics (Nasdaq: FDMT), a clinical-stage gene therapy company harnessing the power of
About this update from 4d Molecular Therapeutics, Inc.
[{"type":"text","content":"EMERYVILLE, Calif., Feb. 22, 2022 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics (Nasdaq: FDMT), a clinical-stage gene therapy company harnessing the power of directed evolution for targeted gene therapies announced that Professor David Schaffer, Ph.D. has resigned as a director of 4D Molecular Therapeutics. Professor Schaffer’s transition coincides with the evolution of 4DMT into a clinical-stage gene therapy company with five products in clinical development and plans to develop pre-commercial and late-stage clinical-regulatory capabilities, in addition to our on-going internal vector invention and GMP manufacturing platforms. Professor Schaffer was recently appointed Director of California Institute for Quantitative Biosciences (QB3) at U.C. Berkeley, and Deputy Director of the Bakar Labs at the Bakar BioEnginuity Hub, and he continues as Professor of Chemical and Biomolecular Engineering, Bioengineering, Molecular and Cell Biology at U.C. Berkeley. In addition to these major new roles, Professor Schaffer plans to pursue other early-stage technology opportunities outside of AAV gene therapy. For nearly nine years since company formation in 2013, Professor Schaffer served on the 4DMT board of directors. “On behalf of the company and the entire board, I would like to thank David for his service and extraordinary contributions to the 4DMT founding team and Board of Directors over roughly nine years,” said David Kirn, M.D., Co-Founder and Chief Executive Officer of 4DMT. “David’s contributions supported the company’s growth from a scientific platform company into a diversified clinical development stage company with a robust product pipeline and five products in clinical development, as well as strong platforms for vector invention, product engineering and GMP manufacturing.” “It has been an honor to help 4D grow since 2013,” said David Schaffer, PhD. “4D has grown and evolved into a leading clinical-stage next-generation gene therapy company. I leave knowing that the Board of Directors has been strengthened greatly by the recent additions of four independent and deeply experienced directors, including adding expertise in product commercialization, business development and finance. Additionally, the Therapeutic Vector Evolution platform is in the hands of an outstanding team that has improved and expanded the original technology. ...