Berlin Cures announces changes to Board of Directors to further propel the development of BC 007
Berlin, Germany, 26 June 2024
- Berlin Cures announces the appointment of Craig T. Basson, Gerrard Terlouw, and Oliver von Stein to its Board of Directors, succeeding Ulf Berg, Georg Nederegger, and Johannes Müller.
- New board members will strengthen preparation for the Long COVID Phase II trial data read-out and shape the future development strategy, as well as business development and licensing.
- Cardiovascular disease and Long COVID remain strategic priorities, with the in-house platform technology offering further opportunities.
Berlin Cures, a pioneer in the use of aptamer-based therapeutics in autoimmune diseases, announced important changes to its Board of Directors today. The aim is to further drive the development of the company’s lead drug candidate BC 007, currently in a Phase II clinical trial for Long COVID. Berlin Cures welcomes three distinguished new members who bring a wealth of knowledge and strategic insight to its board of directors:
Craig T. Basson, MD, PhD, is a renowned
physician-scientist with more than 25 years of experience in
cardiovascular medicine. His research and leadership roles in
the pharmaceutical industry have provided him with extensive
experience in drug development with a particular focus on
cardiovascular disease. Gerrard Terlouw, PhD,
MBA is an experienced corporate and business development
executive with more than 20 years of leadership experience in
the pharmaceutical industry. He has a proven track record of
successful licensing and acquisition deals across multiple
therapeutic areas. In addition, Berlin Cures’ CEO
Oliver von Stein, PhD, will join the Board of
Directors, bringing his extensive management experience from
various executive roles in the pharmaceutical industry and from
leading Berlin Cures as CEO.
Following these new
appointments, Ulf Berg, Johannes Müller and Georg Nederegger
will step down from the Board of Directors with immediate effect
after many successful years. Johannes Müller will continue in
his role as Chief Science Officer as part of Berlin Cures'
management team and will continue to drive the company's
research activities.
“We are delighted to welcome Craig Basson, Gerrard Terlouw and
Oliver von Stein to our Board of Directors. Their invaluable
experience in clinical development, immunology, cardiovascular
disease and business development will be instrumental as we
continue to advance our BC 007 platform. Together, we are poised
to make a significant impact on the lives of patients
worldwide”, states
Rainer Böhm, Chairman of the Board of Berlin Cures. “On behalf of the entire board and management team, I would
like to express my deep gratitude to Ulf Berg, Johannes Müller,
and Georg Nederegger for their vital support over the past
years. Their expertise and guidance have been instrumental in
achieving Berlin Cures' latest milestones, such as the current
trials in Long COVID and heart failure. As we remain in close
contact, we will continue to benefit from their experience and
advice.”
Berlin Cures is at the forefront of developing innovative
aptamer-based drugs to neutralize pathogenic functional
autoantibodies (fAABs) that contribute to a variety of
autoimmune diseases, including Long COVID, heart failure,
glaucoma, ME/CFS and many more. The company’s lead drug
candidate BC 007 (Rovunaptabin) targets these harmful fAABs and
hence has the potential to address the root cause of various
autoimmune diseases. The company is currently conducting a Phase
II trial with BC 007 in the indication Long COVID, with initial
results expected in Q4 2024, and has already completed a Phase
IIa study with BC 007 in heart failure.
In parallel,
Berlin Cures is preparing for a subsequent Phase III study in
Long COVID which will be crucial for market approval. The
company is actively seeking funding partners to be able to
initiate Phase III as soon as possible following a successful
outcome of Phase II.
Please find further information
about the Board of Directors
here.
About Berlin Cures:
The
Berlin Cures team has dedicated over two decades to the research
of functional autoantibodies (fAABs) and has successfully
identified a molecule capable of effectively neutralizing these.
Promising preclinical results have been observed for BC 007. In
a recently completed Phase IIa trial with patients with chronic
heart failure, BC 007 demonstrated long-term autoantibody
neutralization after a single dose resulting in significant
improvement in cardiac function. Its potential as an effective
therapy for Long COVID was realized when tests on sera from Long
COVID patients proved positive for fAABs, supported by clinical
observations in four case studies. By addressing the underlying
cause of fAAB-associated diseases with this unique
biotechnology, Berlin Cures emerges as one of the pioneering
entities committed to addressing this critical issue at its
core.
Berlin Cures is currently running a Phase II
clinical trial with BC 007 in the indication Long COVID, an
acute and escalating global health problem, to obtain meaningful
and robust results on efficacy and tolerability. Initial results
are expected in Q4 2024.
Contact:
FGS Global
E-Mail:
berlincures-eu@fgsglobal.com