IVERIC bio Announces the Addition of Mark S. Blumenkranz, M.D., M.M.S., to its Board of Directors

IVERIC bio, Inc. (NASDAQ: ISEE) announced today the election of Mark S. Blumenkranz, M.D., M.M.S., HJ Smead Professor Emeritus of Ophthalmology at Stanford University, to its Board of Directors, effective as of July 15, 2020. Dr. Blumenkranz is an internationally known vitreo-retinal specialist, with notable contributions in the area of novel pharmaceuticals for macular diseases, ocular gene therapy, new laser systems, and ophthalmic tele-health and technology development.

“As a highly-recognized retinal specialist and co-founder of multiple biotechnology and medical technology companies, Mark’s ophthalmic expertise and extensive business experience will be of tremendous value as we continue to advance our pipeline of therapeutics for age-related retinal diseases and gene therapy product candidates for inherited retinal diseases,” stated Glenn P. Sblendorio, Chief Executive Officer and President of IVERIC bio.

“IVERIC bio has created an exceptional retinal focused pipeline that has the potential to deliver breakthrough solutions for patients,” stated Dr. Blumenkranz. "It is exciting to see the advances that the Company has made in its retinal pipeline including Zimura and the new gene therapy programs. I am thrilled to join the board of directors of IVERIC bio as the Company advances to the next stage of its development.”

“Mark’s experience in leading and building biotechnology companies, further strengthens our board and represents a valuable addition to the Company,” stated David R. Guyer, M.D., Executive Chairman of IVERIC bio. “We welcome Mark as a board member and look forward to his contributions to IVERIC bio’s future successes.”

Mark S. Blumenkranz, M.D., M.M.S.
Mark S. Blumenkranz, M.D., M.M.S., is HJ Smead Professor Emeritus in the Department of Ophthalmology at Stanford University, where he is the co-director of the Ophthalmic Innovation Program. Dr. Blumenkranz is a co-founder and the Chief Executive Officer and Chairman of Kedalion Therapeutics and currently serves as a director of Verana Health, BVI Visitec, Combangio Corporation, and One Medical (ONEM:NASDAQ). Dr. Blumenkranz is also a Managing Director of Lagunita Biosciences, an early stage biotechnology and medical investment company and incubator.