Full Press Release Details
Adaptimmune Announces Appointment of
Gavin Wood as Chief Financial Officer
PHILADELPHIA, PA. and OXFORDSHIRE,
United Kingdom, February 18, 2020 -- Adaptimmune
Therapeutics plc (Nasdaq:ADAP), a leader in T-cell therapy to treat cancer, today announces the appointment of Gavin Wood as Chief
Financial Officer (CFO), effective April 1, 2020.
"I am delighted to welcome Gavin to Adaptimmune. He is
an experienced and seasoned finance leader with a track record of growing biotech companies in the UK and the US that scaled up
successfully and delivered significant value," said Adrian Rawcliffe, Adaptimmune's Chief Executive Officer. "Gavin
will be a valuable addition to our leadership team, as we prepare to commercialize our first treatment in 2022. The experience
he brings from successful commercial companies will be particularly useful to realize our vision of an integrated cell therapy
company for people with cancer."
Since 2006, Gavin has held CFO and senior management roles in
public companies in the life sciences sector. Most recently, he served as the CFO and a director of Abcam plc (LSE: ABC) from September
2016 through February 3, 2020, working as part of the executive team that led the company through a period of significant growth
and change. Before that, Gavin held a series of roles at Affymetrix Inc, (Nasdaq: AFFX) from 2006 to 2016, including serving as
Executive Vice President and Chief Financial Officer from May 2013 through March 2016, and managing the global finance, IT, internal
audit and facilities functions, until the company was acquired by ThermoFisher Scientific. Gavin Wood is a Chartered Accountant
and holds a B.A. degree in Archaeology from the University of Durham, U.K.
Michael Garone, who is serving as Interim CFO, will step down
Adaptimmune is a clinical-stage biopharmaceutical company focused
on the development of novel cancer immunotherapy products for cancer patients. The Company's unique SPEAR (Specific Peptide
Enhanced Affinity Receptor) T cell platform enables the engineering
of T-cells to target and destroy cancer across multiple solid tumors. For more information, please visit http://www.adaptimmune.com.
Adaptimmune Forward-Looking Statements
This release contains "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA). These forward-looking statements involve certain
risks and uncertainties. Such risks and uncertainties could cause our actual results to differ materially from those indicated
by such forward-looking statements, and include, without limitation: the success, cost and timing of our product development activities
and clinical trials and our ability to successfully advance our TCR therapeutic candidates through the regulatory and commercialization
processes. For a further description of the risks and uncertainties that could cause our actual results to differ materially from
those expressed in these forward-looking statements, as well as risks relating to our business in general, we refer you to our
Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on November 6, 2019, and our other SEC
filings. The forward-looking statements contained in this press release speak only as of the date the statements were made and
we do not undertake any obligation to update such forward-looking statements to reflect subsequent events or circumstances.
Adaptimmune Contacts:
S bastien Desprez - VP, Communications and Investor
Juli P. Miller, Ph.D. - Senior Director, Investor Relations