Turning Point Therapeutics Names Biotech Veteran Patrick Machado, J.D. to Its Board of Directors
“Pat has built a strong reputation in the biotech and broader business community for the tremendous value he has added at multiple companies throughout his career,” said Athena Countouriotis, M.D, president and chief executive officer. “We are pleased to attract board members of Pat’s caliber to help guide our journey as a public company, develop our pipeline and work to bring transformational therapies to patients.”
With Mr. Machado’s appointment,
“I want to thank Hongbo for her service to the board during very formative years for the company, and for the support and counsel she has always provided to me and our management team,” Dr. Countouriotis added.
Mr. Machado co-founded Medivation in 2003 and served as chief business officer from 2009 to 2014, chief financial officer from 2004 until his retirement in 2014, and as a member of its board of directors from
“Turning Point has assembled an impressive management team and board to advance its differentiated pipeline of precision therapeutics,” said Mr. Machado. “I look forward to helping the company realize the full value it can deliver for patients and shareholders.”
Mr. Machado will serve on the audit and compensation committees of the Turning Point board.
Forward Looking Statements
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “plans”, “will”, “believes,” “anticipates,” “expects,” “intends,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon Turning Point Therapeutics’ current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks and uncertainties associated with Turning Point Therapeutics’ business in general, and the other risks described in Turning Point Therapeutics’ filings with the
Source: Turning Point Therapeutics, Inc.