Ion Channel Drug Developer Maxion Therapeutics Appoints Eva-Lotta Allan as Chair of its Board of Directors
- Eva-Lotta Allan’s excellent track record of corporate, business development and operational experience strengthens industry-leading Board and Executive Leadership team
- Maxion’s lead KnotBody® programme is progressing rapidly towards preclinical development with a first-in-class and best-in-class potential
Today, Maxion Therapeutics (“Maxion”), the biotechnology company developing antibody-based drugs for previously untreatable ion channel- and GPCR-driven diseases, announced the appointment of senior industry leader Eva-Lotta Allan as the Chair of its Board of Directors. The announcement comes at an important moment of growth of the company, following its USD $16 million pre-Series A fundraise earlier this year.
Eva-Lotta brings significant Board Chair and Non-Executive Director (NED) experience from life science companies and 30 years of corporate, business development and operational expertise combined with a wealth of partnership experience from the biotech industry. As Immunocore’s Chief Business Officer (CBO), Eva-Lotta achieved USD $320 million Series A fundraising and established significant partnerships with top pharmaceutical companies over five years. Prior to that, she was CBO at Ablynx for seven years, participating in taking the company public and completed several strategic partnerships. Eva-Lotta is currently Chair of Draupnir Bio, and is NED at Almirall (where she also chairs the Nomination and Remuneration Committee), Aleta BioTherapeutics, and Crescendo Biologics.
Eva-Lotta Allan, Chair, Board of Directors, Maxion Therapeutics, commented:
Dr John McCafferty, Chief Executive Officer (CEO), Maxion Therapeutics, stated:
Maxion was co-founded by CEO Dr John McCafferty and Chief Scientific Officer Dr Aneesh Karatt Vellatt, who together co-invented the KnotBody platform. Eva-Lotta joins Aneesh and John on the Board alongside Dr Sohaib Mir (Senior Investment Principal at LifeArc Ventures), Dr Tim Funnell (Partner at Monograph Capital), Lucy Edwardes Jones (Investor at BGF), and Non-Executive Director Dr Tom Weaver (CEO, PetMedix).
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About Maxion Therapeutics
Maxion Therapeutics is a biotechnology company developing antibody-based drugs for previously untreatable ion channel- and G protein-coupled receptor (GPCR)-driven diseases, including autoimmune conditions, chronic pain, and cardiovascular disease.
The Company is developing a pipeline of potentially first- and best-in-class therapeutics using its proprietary KnotBody® technology to generate potent, selective, and long-acting therapeutics by combining naturally occurring mini-proteins (‘knottins’) with antibodies using state-of-the-art phage and mammalian display technologies. Maxion was founded in 2020 by highly respected biotech entrepreneurs and scientists Dr John McCafferty, CTO and Dr Aneesh Karatt-Vellatt, CSO. Dr McCafferty previously co-invented antibody phage display, which was the subject of the 2018 Nobel Prize in Chemistry awarded to his co-inventor Sir Gregory Winter. Maxion’s portfolio and growth is being advanced by a team of highly experienced leaders in the discovery and development of antibody-based drugs. The Company is based near Cambridge, UK and is backed by international blue-chip investors.
For more information, please visit: https://www.maxiontherapeutics.com/
