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Strengthening Ascentage Pharma's Board: Bozilenko and Yu Bring Global Expertise

Eli GrantSunday, Nov 24, 2024 7:38 pm ET
3min read
Ascentage Pharma, a global biopharmaceutical company engaged in discovering, developing, and commercializing therapies for unmet medical needs, recently bolstered its board with two accomplished industry veterans: Ms. Marina S. Bozilenko and Dr. Debra Yu. Both individuals bring a wealth of experience in finance, investment, business development, and strategic management, which will undoubtedly contribute to Ascentage Pharma's growth and innovation.

Ms. Bozilenko, currently serving as the President, CEO, and Director at Biothea Pharma, and an independent director at Talphera, Inc. (NASDAQ: TLPH), has a robust background in finance and investment banking. Her tenure at prominent firms such as William Blair & Co. LLC, Bear, Stearns & Co. Inc., and Banc of America Securities LLC has equipped her with valuable insights into cross-border partnerships and licensing transactions. Bozilenko's expertise in capital markets and strategic management will be instrumental in Ascentage Pharma's global innovation strategy.

Dr. Debra Yu, MD, brings an impressive track record as the Chief Operating Officer and a partner at Panacea Venture, board member at MeiraGTx Holdings PLC (NASDAQ: MGTX), and an independent non-executive director of JW (Cayman) Therapeutics Co. Ltd (2126. HK). With a background in biopharmaceutical business development and strategic management, Yu has advised numerous cross-border partnerships and licensing transactions. Her experience in venture capital, healthcare investment banking, and biopharmaceutical business development will be crucial in Ascentage Pharma's expansion into global markets.



The appointment of Ms. Bozilenko and Dr. Yu signifies Ascentage Pharma's commitment to strengthening its board with global expertise in finance, investment, and biopharmaceutical business development. Their combined experience will help the company navigate the complexities of the global healthcare landscape, secure strategic investments, and forge impactful partnerships. As Ascentage Pharma continues to advance its clinical pipeline and global innovation strategy, these new board members will play a pivotal role in driving growth and innovation.

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In conclusion, the appointment of Ms. Marina S. Bozilenko and Dr. Debra Yu as independent non-executive directors marks a significant milestone for Ascentage Pharma. Their expertise in finance, investment, business development, and strategic management will undoubtedly contribute to the company's success in addressing global unmet medical needs, particularly in malignancies. As Ascentage Pharma continues to grow and innovate, these esteemed board members will be instrumental in guiding the company through the complex landscape of the global biopharmaceutical market.
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