SAN DIEGO and TORONTO - Aptose Biosciences Inc. (NASDAQ: APTO, TSX: APS), a clinical-stage company developing highly differentiated therapeutics targeting the underlying mechanisms of cancer, today announced the appointment of Ms. Carol Ashe to the Board of Directors effective immediately. Aptoses Board of Directors now includes seven members with extensive experience across diverse disciplines in biotechnology, pharmaceutical development and financial experience.
Ms. Ashe is an accomplished executive leader with more than 25 years of experience in corporate, legal, business development and venture capital in the pharmaceutical and biotech industries. In this capacity, she has a depth and breadth of transactional expertise in negotiating and structuring transactions involving academic institutions and biotech and pharmaceutical companies of all stages, including acquisitions, joint venture agreements, R&D collaborations and in-license agreements, among others. She currently serves as Chief Business Officer of the NY Genome Center, where she is responsible for identifying and executing on revenue generating business development opportunities.
As a respected executive leader, Carol Ashe is an outstanding addition to the Aptose team, said William G. Rice, Ph.D., Chairman, President and Chief Executive Officer. We are fortunate to have attracted such talent to our Board of Directors and we look forward to working with her and drawing upon her extensive legal and business development experience.
As Vice President of Corporate Development for the pharmaceutical segment of Endo, Ms. Ashe led the evaluation, structuring and negotiation of business development transactions for Endos branded, generic and platform drug delivery business units. Prior to that, she was a Partner at GlaxoSmithKlines corporate venture capital fund SR One, evaluating early-stage through Phase II investment opportunities in life science companies and serving as a Board observer for a select group of portfolio companies. Ms. Ashe led GSKs US Corporate Legal Group, which supported US M&A transactions, as well as its Business Development Legal Transactions team, which supported business development transactions across all of GSKs business units on a global basis. She received her bachelors degree in Biology at Pennsylvania State University and a law degree from the Villanova University School of Law.
Im excited to join the Aptose Board at a pivotal time in the clinical development of Aptoses two product candidates for hematological malignancies, said Ms. Ashe. I look forward to being a part of the team that advances this important work.