Ambrx Appoints Renu Vaish, M.Sc., as Chief Regulatory Officer to Lead Regulatory Affairs

SAN DIEGO, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Ambrx Biopharma Inc. (“Ambrx” or the “Company”) (NASDAQ: AMAM), today announced the appointment of Renu Vaish, M.Sc., as Chief Regulatory Officer. Ms. Vaish will be responsible for overseeing and designing the Company’s global regulatory strategy and will report to the Company’s President and Chief Executive Officer, Daniel J. O’Connor.

Ms. Vaish is an experienced leader in U.S. and global regulatory affairs with extensive experience in oncology drug development ranging from pre-clinical to commercial products in many fields, including prostate and breast cancer. She has held senior regulatory leadership positions at Celgene, Merck and Kite Pharma, as well as other biopharma companies. Most recently, she served as the Senior Vice President, Regulatory Affairs at SpringWorks Therapeutics.

Ms. Vaish brings a strong business acumen and technical ability that will be used to leverage strategic thinking into innovative regulatory solutions at Ambrx. She has a demonstrated ability to adapt quickly in challenging and dynamic environments while leading through periods of organizational growth. Her successful track record of achieving results in a variety of diverse, global regulatory and quality settings will be a significant asset to Ambrx.

Ms. Vaish has a Master of Science in Regulatory Affairs and Health Policy from the Massachusetts College of Pharmacy and Health Sciences and a Bachelor of Science in Cell and Molecular Biology, from Concordia University.

“Renu’s extensive regulatory background and her experience in designing global regulatory strategy for multiple biopharma companies will be an important asset to Ambrx as we progress our core ADC product candidates, ARX788 and ARX517, through the clinical trial process,” said Mr. O’Connor.

Renu Vaish, M.Sc., added: “I am excited and honored to be joining Ambrx at this time and very much look forward to working with my colleagues on the continued development of potentially transformative medicines for patients.”

In connection with her appointment, Renu Vaish received a one-time inducement award of 2,600,000 ordinary share options, or the equivalent of 371,428 American Depository Shares, which vest over three years. The Company approved the award as an inducement material to Ms. Vaish entering into employment with the Company in accordance with NASDAQ Listing Rule 5635(c)(4).