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enGene Announces the Resignation of its Chief Medical Officer BOSTON and MONTREAL

Key Takeaway: enGene Holdings Inc. announced the resignation of Dr. Raj Pruthi as Chief Medical Officer, effective June 16, 2025. Dr. Pruthi will assist in transitioning his responsibilities before his departure. The company plans to redistribute his duties among its other experts in urology and clinical affairs. The resignation raises potential leadership stability concerns as enGene remains focused on its clinical development and ongoing trials.

Market Sentiment Analysis

POSITIVE FACTORS

  • Dr. Pruthi will assist in a smooth transition before his departure.
  • enGene is maintaining its commitment to clinical development and patient needs.
  • The company is reallocating responsibilities to other qualified experts.

CONCERNS & RISKS

  • The resignation of a key executive can create uncertainty within the organization.
  • Potential challenges may arise in the continuity and management of clinical trial responsibilities.
  • The company may face difficulties in leadership stability during the transition period.

Full Press Release Details

enGene Announces the Resignation of its Chief Medical Officer
BOSTON and MONTREAL, June 4, 2025 - enGene Holdings Inc. (Nasdaq: ENGN or "enGene" or the "Company"), a clinical-stage, non-viral genetic medicines company, announced today that Dr. Raj Pruthi resigned from his role as Chief Medical Officer on
June 3, 2025. Dr. Pruthi's resignation as Chief Medical Officer will take effect on June 16, 2025. He will be supporting the organization to ensure an orderly transition of his responsibilities before he departs. The Company intends to reallocate Dr.
Pruthi's responsibilities to the Company's other urology and clinical experts. The Company thanks Dr. Pruthi for his dedication and service and wishes him the best in his future endeavors.
enGene is a clinical-stage biotechnology company mainstreaming genetic medicines through the delivery of therapeutics to mucosal tissues and other
organs, with the goal of creating new ways to address diseases with high clinical needs. enGene's lead program is detalimogene voraplasmid (also known as detalimogene, and previously EG-70) for patients with Non-Muscle Invasive Bladder Cancer
(NMIBC), a disease with a high clinical burden. Detalimogene is being evaluated in the ongoing multi-cohort LEGEND Phase 2 study, which includes a pivotal cohort studying detalimogene in Bacillus Calmette-Gu rin (BCG)-unresponsive patients with
carcinoma in situ (CIS). Detalimogene was developed using enGene's proprietary Dually Derivatized Oligochitosan (DDX) platform, which enables penetration of mucosal tissues and delivery of a wide range of sizes and types of cargo, including DNA and
various forms of RNA.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995, and "forward-looking information" within the meaning of Canadian securities laws (collectively, "forward-looking statements"). enGene's forward-looking statements include, but are not limited to,
statements regarding enGene's management teams' expectations, hopes, beliefs, intentions, goals, or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or
circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate", "appear", "approximate", "believe", "continue", "could", "estimate", "expect", "foresee", "intends", "may", "might", "plan", "possible",
"potential", "predict", "project", "seek", "should", "would", and similar expressions (or the negative version of such words or expressions) may identify forward-looking statements, but the absence of these words does not mean that a statement is not
forward-looking. Forward-looking statements may include, for example, statements about the transition of the responsibilities of the chief medical officer.
Many factors, risks, uncertainties and assumptions could cause the Company's actual results, performance or achievements to differ materially from those
expressed or implied by the forward-looking statements, including, without limitation, the Company's ability to recruit and retain qualified scientific and management personnel, establish clinical trial sites and enroll patients in its clinical
trials, execute on the Company's clinical development plans and ability to secure regulatory approval on anticipated timelines, and other risks and uncertainties detailed in filings with Canadian securities regulators on SEDAR+ and with the U.S.
Securities and Exchange Commission ("SEC") on EDGAR, including those described in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2024 (copies of which may be obtained at www.sedarplus.ca
You should not place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. enGene anticipates that
subsequent events and developments will cause enGene's assessments to change. While enGene may elect to update these forward-looking statements at some point in the future, enGene specifically disclaims any obligation to do so, unless required by
applicable law. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will
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Frequently Asked Questions

When did Dr. Raj Pruthi resign from enGene?

Dr. Raj Pruthi resigned on June 3, 2025.

What will happen to Dr. Pruthi's responsibilities?

His responsibilities will be reassigned to other urology and clinical experts.

What is enGene's primary focus?

enGene focuses on genetic medicines targeting mucosal tissues and organs.

What is enGene's lead program for cancer treatment?

Their lead program is detalimogene voraplasmid for Non-Muscle Invasive Bladder Cancer.

What is the ongoing study for detalimogene?

It is being evaluated in the multi-cohort LEGEND Phase 2 study.

Last updated: Jun 4, 2025