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Arcellx Appoints Michelle Gilson as Chief Financial Officer | News

May 27, 2022 No Comments

FOSTER City, Calif., May perhaps 23, 2022 /PRNewswire/ — Arcellx, Inc. (NASDAQ: ACLX), a biotechnology company reimagining cell treatment by means of the growth of innovative immunotherapies for clients with cancer and other incurable diseases, right now announced the appointment of Michelle Gilson as Main Monetary Officer. Ms. Gilson joins Arcellx from Canaccord Genuity, wherever most not long ago she served as Managing Director and Senior Fairness Investigate Analyst masking biotechnology firms. Ms. Gilson will oversee the firm’s finance operate and will engage in a critical purpose in all round company method.

“Michelle’s eyesight, leadership, and working experience as a investigate analyst, which included masking providers in the oncology house, will be an priceless addition to the present breadth of expertise on our administration group,” reported Rami Elghandour, Arcellx’s Chairman and Chief Govt Officer. “Michelle delivers a depth of knowledge in funds marketplaces and biotechnology and represents the values we seem for in our leaders that designed her an ideal match for Arcellx. On behalf of our organization and Board of Directors, we welcome Michelle to our group. I seem forward to the impactful role I know she will perform as we continue toward our mission of bringing our cell remedy to current market to enable as many clients as probable.”

Most a short while ago, Ms. Gilson served as a Managing Director and Senior Fairness Exploration Analyst at Canaccord Genuity, masking biotechnology providers. Prior to signing up for Canaccord, Ms. Gilson held biotechnology equity analysis roles at Jefferies, LLC Instinet, LLC (Nomura Securities) Oppenheimer & Co. Inc. and Goldman Sachs. Ms. Gilson attained her B.S. in Business Administration from the College of Southern California.

About Arcellx, Inc.

Arcellx, Inc. is a clinical-stage biotechnology company reimagining mobile treatment by engineering ground breaking immunotherapies for clients with most cancers and other incurable illnesses. Arcellx thinks that mobile therapies are a single of the forward pillars of medication and Arcellx’s mission is to advance humanity by developing mobile therapies that are safer, a lot more powerful, and more broadly accessible. Arcellx’s lead products applicant, CART-ddBCMA, is becoming produced for the cure of relapsed or refractory multiple myeloma (r/r MM) in an ongoing Phase 1 analyze. CART-ddBCMA has been granted Quickly Monitor, Orphan Drug, and Regenerative Medicine Innovative Therapy designations by the U.S. Foods and Drug Administration.

Arcellx is also advancing its dosable and controllable Vehicle-T therapy, ARC-SparX, through two packages: a Stage 1 examine of ACLX-001 for r/r MM, initiated in the next quarter of 2022 and ACLX-002 in relapsed or refractory acute myeloid leukemia and higher-possibility myelodysplastic syndrome, expected to enter the clinic in the next 50 percent of 2022.

Visit www.arcellx.com for additional information and facts.

Ahead-seeking Statements

This press launch incorporates forward-hunting statements inside the this means of Portion 27A of the Securities Act of 1933, as amended, and Area 21E of the Securities Exchange Act of 1934, as amended. All statements in this push release that are not purely historic are forward-searching statements. The forward-on the lookout statements contained herein are primarily based on Arcellx’s recent anticipations and include assumptions that might in no way materialize or may well prove to be incorrect. These forward-hunting statements are neither claims nor guarantees and are topic to a wide range of risks and uncertainties, like risks that may be observed in the portion entitled “Threat Things” in paperwork that Arcellx files from time to time with the Securities and Exchange Commission. These forward-on the lookout statements are created as of the date of this press launch, and Arcellx assumes no obligation to update or revise any ahead-on the lookout statements, whether or not as a end result of new data, long term situations or normally, other than as expected by law.

Investor Get in touch with:

Myesha Lacy

Arcellx, Inc.

ir@arcellx.com

510-418-2412

Media Call

Andrea Cohen

Sam Brown Inc.

andreacohen@sambrown.com

917-209-7163

Cision See initial content to down load multimedia:https://www.prnewswire.com/information-releases/arcellx-appoints-michelle-gilson-as-chief-monetary-officer-301551505.html

Source Arcellx, Inc

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