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BullFrog AI Announces Appointment of Chief Financial Officer GAITHERSBURG, Md.

Key Takeaway: BullFrog AI Holdings, Inc. has announced the appointment of Josh Blacher as its Chief Financial Officer following the death of former CFO Dane Saglio. Blacher brings over two decades of financial experience within the life science sector, indicating strong potential for advancing the company's financial strategy. His role is pivotal as BullFrog AI aims to leverage artificial intelligence in drug development amidst a transition period characterized by the loss of a key leader.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of a new CFO with extensive experience and leadership.
  • Potential for enhanced financial operations and support for strategic initiatives.
  • Continuity of leadership aiding in the legacy of the former CFO.

CONCERNS & RISKS

  • The company is dealing with the loss of their former CFO, which could impact team morale.
  • Transition periods can often create challenges in maintaining operational stability.

Full Press Release Details

AI Announces Appointment of Chief Financial Officer
Md., Dec. 17, 2024 (GLOBE NEWSWIRE) - BullFrog AI Holdings, Inc. (NASDAQ: BFRG; BFRGW) ("BullFrog AI" or the "Company"),
a technology-enabled drug development company using artificial intelligence (AI) and machine learning to enable the successful development
of pharmaceuticals and biologics, today announced the appointment of Josh Blacher as its Chief Financial Officer (CFO), effective immediately.
This appointment comes in the wake of the untimely passing of Dane Saglio, BullFrog AI's former CFO, who recently lost his battle
contributions to BullFrog AI were immeasurable. Beyond his exceptional expertise and dedication, Dane was a trusted advisor and a cherished
friend. His wisdom, humility, and steadfast commitment to our mission will be deeply missed," said Vin Singh, CEO of BullFrog AI.
"At the same time, we are grateful to welcome Josh to our team at this pivotal moment. Josh's extensive experience and leadership
in financial strategy and corporate governance will be invaluable as we carry forward Dane's legacy and advance our mission to
revolutionize drug development."
Blacher, with more than two decades of experience in strategic finance and corporate development for life science and biotech companies,
brings to BullFrog AI a proven track record in financial stewardship, capital raising, operations and profitability, and deal making.
He has successfully overseen SEC reporting and investor relations for both private and publicly traded companies. Most recently, he has
served as CFO for Predictive Oncology, Rampart Bioscience, Excision BioTherapeutics, and has previously held senior roles at Teva Pharmaceuticals,
among others. Mr. Blacher earned his BA in Economics from Yeshiva University and an MBA in Finance from Columbia Business School.
assuming the role of CFO, Mr. Blacher will build on the foundation laid by Mr. Saglio, focusing on enhancing the Company's balance
sheet strength, financial operations and supporting its strategic initiatives.
AI leverages artificial intelligence and machine learning to advance drug discovery and development. Through collaborations with leading
research institutions, BullFrog AI uses causal AI in combination with its proprietary bfLEAP platform to analyze complex biological
data, aiming to streamline therapeutics development and reduce failure rates in clinical trials.
more information visit BullFrog AI at: https://bullfrogai.com.
press release contains forward-looking statements. We base these forward-looking statements on our expectations and projections about
future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events
or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business
prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those
that use terminology such as "may," "should," "could," "will," "expects,"
"anticipates," "contemplates," "estimates," "believes," "plans," "projected,"
"predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these
forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability
to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors
may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions.
The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives,
may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us.
We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions,
the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might
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Frequently Asked Questions

Who has been appointed as BullFrog AI's CFO?

Josh Blacher has been appointed as the Chief Financial Officer of BullFrog AI.

Why was a new CFO appointed at BullFrog AI?

The appointment followed the passing of Dane Saglio, the former CFO.

What is Josh Blacher's professional background?

Blacher has over 20 years of experience in strategic finance within biotech companies.

What is BullFrog AI's approach to drug development?

BullFrog AI utilizes AI and machine learning to enhance drug discovery and streamline development.

What educational qualifications does Josh Blacher hold?

He earned a BA in Economics from Yeshiva University and an MBA in Finance from Columbia.

Last updated: Dec 17, 2024