NGM Announces Nomination of Roger M. Perlmutter for Election to Its Board of Directors
SOUTH SAN FRANCISCO, Calif., April 28, 2021 (GLOBE NEWSWIRE) -- NGM Biopharmaceuticals, Inc. (NGM) (Nasdaq: NGM), a biotechnology company focused on discovering and developing transformative
therapeutics for patients, announced today the nomination of Roger M. Perlmutter, M.D., Ph.D., to stand for election to the company’s board of directors at its June 8, 2021 annual meeting of
Dr. Perlmutter brings a wealth of expertise in drug discovery and development as a highly accomplished biopharma industry leader and academic with over 35 years of experience. Dr. Perlmutter is currently Chairman of Merck Research Laboratories, and for the previous nearly eight years was executive vice president of Merck & Co. and president of Merck Research Laboratories. While at Merck, Dr. Perlmutter played a pivotal role in the approval and development of numerous lifesaving medicines and, in particular, was responsible for the development of KEYTRUDA (pembrolizumab), Merck’s breakthrough anti-PD-1 therapy. Prior to Merck, Dr. Perlmutter was executive vice president and head of research and development at Amgen, where he was responsible for the registration of novel therapeutics in the areas of oncology, endocrinology, hematology, inflammation and osteoporosis, including Sensipar, Prolia and XGEVA.
“A true scientific pioneer, Roger’s insights and extensive experience bringing powerful medicines from bench to bedside is ideal for NGM’s biology-driven approach and our mission to deliver life-changing medicines,” said David J. Woodhouse, Ph.D., Chief Executive Officer at NGM. “We are thrilled with Roger’s nomination and look forward to his many contributions as we advance our diverse clinical pipeline in liver and metabolic diseases, retinal diseases and oncology and continue to operate our highly productive discovery research engine.”
Dr. Perlmutter’s nomination for election as a Class II director will be voted on at NGM’s 2021 annual meeting of stockholders. Jin-Long Chen, Ph.D., NGM’s Founder and Chief Scientific Officer and a current board member, will also stand for re-election as a Class II director. NGM’s other two current Class II directors, David Schnell, M.D., and McHenry (Mac) T. Tichenor, Jr., who have served on our Board of Directors since January 2008 and March 2010, respectively, are resigning from NGM’s Board of Directors, effective upon the expiration of their respective terms at the 2021 annual meeting, and are not standing for reelection.
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