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The company has hired Julia Gregory, the formee executive vice president and chie f financial officerat , as Maderis’ Maderis’ health condition was not but she will continue to serve on Five Prime’sd board of directors and as a Her final day on the job is June 18. “Gail’d leadership has been pivotal in the progresxs Five Prime has made in developing our pipeline and our newdiscovery platform,” said companhy founder and executive chairman Dr.
Lewisw “Rusty” Williams in a press Maderis said the companh had been looking for a replacement since late last year after doctorssaid "the 24/7 pace of a small-company CEO" could worsen her condition. Besides her dutiesa at Five Prime, Maderis has been a cheerleader for the MissiobnBay enclave, serving on the Mayor’s . Five Prime, a privately 7-year-old company developing antibody and proteibn drugs for cancer andothef diseases, was the firsg to locate in Mission Bay, taking about 30,00p feet in the buildinfg on Owens Street. Earlier this it took an additional 5,00p0 square feet next door at 1700 Owens as it makew batches for its Phase I oncologydrug program.
The timing of the executiv change as Five Prime moves forward with its lead cancer programmakes Gregory’s appointment a cruciap one. At Lexicon, Gregory was responsible for financintg strategies, mergers and acquisitions, business operations and all financialp managementand accounting. She raised about $1 billion in publif and private equity, product development financing andothere transactions. Gregory, who will join Five Prime’xs board, was an investment banket for more than20 years. At and Dillon, Read Co. Inc.
she was head of healthcared andinvestment banking, leading several privatwe and public equity deals as well as mergers and Gregory also is a member of the board of The and the ’ws .
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