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The company has hired Julia the former executive vice president and chiefg financial officerat , as replacement. Maderis’ health condition was not but she will continue to serve onFive Prime’s boardd of directors and as a consultant. Her final day on the job is June 18. “Gail’s leadership has been pivotal in the progress Five Prime has made in developingh our pipeline and our new discovery said company founder and executivechairmab Dr. Lewis “Rusty” Williams in a press release. Maderizs said the company had been looking for a replacement sincw late last year after doctorssaid "ther 24/7 pace of a small-company could worsen her condition.
Besides her duties at Five Prime, Maderisz has been a cheerleader for the MissionhBay enclave, serving on the Mayor’s . Five Prime, a privately held, 7-year-old company developing antibody and protei n drugs for cancer andother diseases, was the first to locate in Mission Bay, taking abour 30,000 feet in the buildingf on Owens Street. Earlier this year, it took an additionap 5,000 square feet next door at 1700 Owens as it makesa batches for its Phase I oncology drug program. The timing of the executive chang as Five Prime moves forward with its lead cancer progranmmakes Gregory’s appointment a crucia l one.
At Lexicon, Gregoryh was responsible for financing strategies, mergers and business operations and all financial management and She raisedabout $1 billiomn in public and private equity, product developmentr financing and other Gregory, who will join Five Prime’s board, was an investmenyt banker for more than 20 years. At and Read & Co. Inc. she was head of healthcare andinvestmenyt banking, leading several private and public equityu deals as well as mergers and acquisitions. Gregorhy also is a member of the boarde of The andthe ’s .
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