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Invivyd Elects Two New Independent Members to its Board of Directors
AdagioAdagio(US:IVVD) globenewswire.com·2024-05-22 11:00

Core Insights - Invivyd, Inc. has elected two new independent directors, Dr. Srishti Gupta and Kevin F. McLaughlin, to its Board of Directors during a period of significant growth for the company [1][2] - The company is focused on commercializing its first product and utilizing its proprietary tools for variant analysis and predictive modeling to develop advanced antibody candidates [2][6] - Invivyd has received emergency use authorization (EUA) from the U.S. FDA for its first monoclonal antibody (mAb) aimed at providing protection against COVID-19 for certain immunocompromised individuals [2][6] Company Overview - Invivyd, Inc. is a biopharmaceutical company dedicated to protecting against serious viral infectious diseases, starting with SARS-CoV-2 [6] - The company's proprietary INVYMAB™ platform combines advanced viral surveillance and predictive modeling with antibody engineering to rapidly generate new mAbs [6] - The company aims to provide ongoing protection to vulnerable populations against evolving viral threats [2][6] New Board Members - Dr. Srishti Gupta brings over 20 years of healthcare experience, including 18 years at McKinsey & Company, and currently serves on the Board of Directors at Idorsia Pharmaceuticals [3] - Kevin F. McLaughlin has over 40 years of financial and operational management experience, previously serving as CFO of Acceleron Pharma, where he contributed to the company's growth into a publicly traded entity [4][5] Strategic Focus - The company is in a transformational phase as it prepares to commercialize its first product, PEMGARDA™, which has received EUA for pre-exposure prophylaxis of COVID-19 [2][6] - Invivyd's leadership emphasizes the importance of the new board members' expertise in navigating the company's growth and commercialization strategies [2]