Business
Allarity Therapeutics Announces Thomas Jensen as Interim CEO and Appointment of Jeremy R. Graff, PhD as Key Executive Advisor
Boston (December 12, 2023) — Allarity Therapeutics, Inc. (“Allarity” or the “Company”) (NASDAQ: ALLR), a clinical-stage pharmaceutical company developing
About this update from Allarity Therapeutics, Inc.
[{"type":"text","content":"Boston (December 12, 2023) — Allarity Therapeutics, Inc. (“Allarity” or the “Company”) (NASDAQ: ALLR), a clinical-stage pharmaceutical company developing novel oncology therapeutics together with drug-specific DRP® companion diagnostics for personalized cancer care, today announced a transition in its leadership. Effective immediately, James G. Cullem is no longer President and CEO. The Company also announced that Thomas H. Jensen, co-founder and member of the Board of Directors of Allarity Therapeutics, has been appointed as Interim Chief Executive Officer. The Company has also engaged Jeremy R. Graff, Ph.D., as an Executive Advisor. Dr. Graff will work closely with Mr. Jensen and the Board to provide consulting and advisory services on Allarity’s research and development programs in the field of small molecule inhibitors and their use in the treatment of cancer. As a co-founder of Allarity Therapeutics with nearly two decades of dedicated service, Thomas H. Jensen brings a wealth of experience and expertise to his new role as Interim CEO, rooted in his deep understanding of the Company’s development of its DRP® companion diagnostic technology. In addition to his technological contributions, Mr. Jensen has been instrumental in building the Company’s investor relations operations, securing operational financing, and fostering its overall business progress. His expertise extends to the development of molecular biological techniques for high-quality, reproducible RNA extraction and downstream processing. These innovations are foundational to the DRP® platform, a core aspect of Allarity’s effort to realize personalized cancer care. Jerry McLaughlin, Chairman of the Board of Allarity Therapeutics, expressed his gratitude to James G. Cullem for his contributions and added, “We are confident in Thomas H. Jensen’s ability to lead Allarity during this transition. With his deep understanding of the Company’s mission, its team, and technology, we look forward to a smooth and successful leadership change.” Commenting on his appointment as Interim CEO, Thomas H. Jensen stated, “I am honored to take on the role of Interim CEO at Allarity Therapeutics. We have a strong team in place, and I am committed to continuing our mission of advancing personalized cancer care. I would also like to extend my appreciation to James G. Cullem for his dedica...