William Sullivan, CPA, MBA joins Cytovia Therapeutics as Chief Financial Officer
CAMBRIDGE, Mass. and AVENTURA, Fla., June 15, 2021 (GLOBE NEWSWIRE) -- Cytovia Therapeutics, Inc., a biopharmaceutical company developing allogeneic “off-the-shelf” gene-edited Chimeric Antigen Receptor (CAR)-NK cells derived from induced pluripotent stem cells (iPSCs) and NK cell engager multifunctional antibodies, announced today that William Sullivan, CPA, MBA has been appointed as Chief Financial Officer, effective immediately.
“I am thrilled to join Cytovia as the company reaches a major inflection point with manufacturing and clinical capabilities,” said Mr. Sullivan. “I am impressed by Cytovia’s management, its three technology building blocks - iPSC-derived NK and CAR NK cells, gene editing, and NK Engager antibodies - and its differentiated clinical pipeline initially targeting liver cancer and multiple myeloma. Together, I believe these have the potential to advance life-changing therapies for cancer patients and create significant value for investors in the short and longer term.”
Mr. Sullivan has more than 25 years of experience in corporat finance, leading strategic transactions, fundraising, and investor relations. Prior to joining Cytovia, he was Chief Financial Officer and Treasurer at Applied Genetic Technologies Corporation (AGTC), a publicly traded gene therapy company, where he led multiple financings and core business and finance functions. Prior to AGTC, he worked at Merrimack Pharmaceuticals, Inc. for 10 years and held a variety of important leadership positions including Chief Financial Officer. At Merrimack, he led the company's $100 million initial public offering, helped the company raise over $400 million in debt and equity capital as a public company, and played a key role in Merrimack's asset sale to Ipsen SA for up to $1.025 billion. Prior to his role at Merrimack he worked for a number of years in the high-technology sector. Mr. Sullivan holds a B.A. in Economics from Williams College and a M.B.A and M.S. in Accounting from Northeastern University and obtained his certified public accountant license while working at Arthur Andersen, LLP.
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