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Annexon Biosciences Strengthens Leadership Team with Appointment of Jamie Dananberg, M.D., as Chief Medical Officer

Key Takeaway: Annexon Biosciences has appointed Jamie Dananberg, M.D., as the new Chief Medical Officer. This move is seen as a strategic enhancement to Annexon's leadership, particularly given Dr. Dananberg's extensive experience in drug development across various therapeutic areas. The company specializes in developing complement-based treatments for autoimmune and neurodegenerative disorders. The announcement emphasizes a positive outlook for the company, as it prepares for crucial clinical data readouts in the coming months.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Jamie Dananberg as CMO brings extensive expertise.
  • Dananberg's experience in drug development can enhance Annexon's platform.
  • Annexon's focus on complement-mediated diseases shows promise for patient benefit.
  • The company is poised for advancement with critical data readouts on the horizon.

Full Press Release Details

Annexon Biosciences Strengthens Leadership Team with Appointment of Jamie Dananberg, M.D., as Chief
BRISBANE, Calif., July 27, 2023 - Annexon, Inc. ( Annexon ) (Nasdaq: ANNX), a clinical-stage
biopharmaceutical company developing a new class of complement-based medicines for patients with classical complement-mediated autoimmune, neurodegenerative and ophthalmic disorders, today announced the appointment of Jamie Dananberg, M.D., as chief
We are delighted to join forces with Jamie during this exciting time for Annexon. He will add significant translational and
development expertise to our platform approach that has demonstrated robust functional benefit across several disorders and is well positioned to shift the treatment paradigm for complement-mediated diseases, said Douglas Love, president and
chief executive officer of Annexon.
I am impressed with the data demonstrated to date by Annexon s upstream complement approach which has the
potential to benefit millions of patients impacted with classical complement-mediated disorders, said Dr. Dananberg. With data supporting proof of concept across multiple diseases, several advanced-stage programs at key inflection
points, additional data readouts on the horizon, and an outstanding collection of experienced drug developers, it s an exciting time to join the organization and build upon the tremendous work accomplished to date.
Dr. Dananberg joins Annexon with more than 20 years of drug development experience across a variety of therapeutic areas in the pharmaceutical and
biotechnology industries. Most recently, he served as the chief medical officer for UNITY Biotechnology, where as one of its earliest employees, he built the medical and broader development organization. Prior to UNITY, Dr. Dananberg served as
executive vice president at Takeda Pharmaceuticals in several roles including head, cardiovascular and metabolism therapeutic area, and as the head of both the therapeutic areas group and experimental/translational medicine. Before joining Takeda,
he spent 16 years at Eli Lilly & Co. where he brought more than 100 programs from discovery to development, leading and supporting efforts through all phases, including the launches of multiple commercial products. Before joining Lilly, he
practiced medicine in endocrinology and metabolism and ran a basic science laboratory at the University of Michigan. Dr. Dananberg received his B.S. and M.D. degrees from Tufts University.
Annexon (Nasdaq: ANNX) is a clinical-stage
biopharmaceutical company seeking to bring game-changing medicines to patients with classical complement-mediated diseases of the body, brain and eye. The classical complement pathway within the immune system, when overactivated, drives inflammation
in a host of autoimmune, neurodegenerative and ophthalmic diseases. Annexon is advancing a new class of complement medicines targeting the early classical cascade and all downstream pathway components that contribute to disease, while selectively
preserving the beneficial immune functions of other complement pathways. Annexon is rigorously developing a pipeline of diversified product candidates across multiple mid- to late-stage clinical trials, with
clinical data anticipated throughout 2023 and beyond.
THRUST Strategic Communications

Frequently Asked Questions

Who has been appointed as chief at Annexon?

Jamie Dananberg, M.D., has been appointed as chief at Annexon.

What is Annexon's focus in biopharmaceuticals?

Annexon develops complement-based medicines for autoimmune and neurodegenerative diseases.

What experience does Dr. Dananberg bring to Annexon?

Dr. Dananberg has over 20 years in drug development across various therapeutic areas.

What is the significance of Annexon’s complement approach?

It has shown robust benefits in treating classical complement-mediated disorders.

How does Annexon aim to impact patient care?

By advancing novel medicines that target classical complement pathways, improving treatment outcomes.

Last updated: Jul 27, 2023