EQS-Adhoc

Relief Therapeutics Announces Executive Changes - Seite 3

Marco Marotta, who became part of Relief upon Relief's acquisition of APR Applied Pharma Research SA (APR), has been promoted to Chief Business Officer, responsible for business development activities across the entire company, including strategic partnering, the management of the InveniAI collaboration and Relief's various in-licensing and out-licensing initiatives. He will continue to report to Paolo Galfetti, President of Relief Europe. Mr. Marotta has deep expertise in operations, sales and business development in the pharmaceutical industry. During his tenure with APR, he has increased the organization's presence in Asia and South America, executing multiple, key licensing and co-development deals. Mr. Marotta holds a Master of Science in Engineering from the University of Naples and an Executive MBA from Bocconi University.

Dr. Selvaraju added, "Today's announced management appointments and changes reflect the expansion of Relief's pipeline and expected future opportunities and will more strongly position the company for continued growth going forward. As I congratulate Nermeen, Jeremy and Marco on their new roles, I would like to extend our collective gratitude to Gilles for his significant contributions during what has been a truly transformative year for Relief and wish him the very best in his future endeavors."

ABOUT RELIEF

Relief focuses primarily on clinical-stage programs based on molecules with a history of clinical testing and use in human patients or a strong scientific rationale. Relief's drug candidate, RLF-100(TM) (aviptadil), a synthetic form of Vasoactive Intestinal Peptide (VIP), is in late-stage clinical testing in the U.S. for the treatment of respiratory deficiency due to COVID-19. As part of its pipeline diversification strategy, in March 2021, Relief entered into a Collaboration and License Agreement with Acer Therapeutics for the worldwide development and commercialization of ACER-001. ACER-001 is a taste-masked and immediate release proprietary powder formulation of sodium phenylbutyrate (NaPB) for the treatment of Urea Cycle Disorders and Maple Syrup Urine Disease. In addition, Relief's recently completed acquisitions of APR Applied Pharma Research SA and AdVita Lifescience GmbH bring to Relief a diverse pipeline of marketed and development-stage programs.