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TScan Therapeutics Appoints R. Keith Woods to its Board of Directors, Bringing Expertise in Commercialization and Global Operations

Key Takeaway: TScan Therapeutics has appointed R. Keith Woods to its Board of Directors, bringing over 30 years of experience in commercialization and global operations to the company. Known for successfully transitioning argenx into a fully integrated biotech organization, Woods aims to leverage his expertise to support TScan's clinical programs. His previous roles include significant leadership positions at major biopharmaceutical companies, where he was instrumental in product launches and sales strategy.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of R. Keith Woods could enhance TScan's commercialization efforts.
  • Woods has extensive experience in transitioning companies to commercial operations.
  • His expertise may help advance TScan's clinical programs toward pivotal studies.

Full Press Release Details

TScan Therapeutics Appoints R. Keith Woods to its Board of Directors, Bringing Expertise in
Commercialization and Global Operations
WALTHAM, Mass., Dec 7, 2023 TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage
biopharmaceutical company focused on the development of T cell receptor (TCR)-engineered T cell therapies (TCR-T) for the treatment of patients with cancer, today announced the appointment of R. Keith Woods to
its Board of Directors. Mr. Woods has over 30 years of life science experience, with expertise in commercialization, sales, global operations, supply chain and business strategy.
I am pleased to welcome Keith, a highly respected and experienced leader in biotechnology, as our newest member to the Board of Directors, said
Gavin MacBeath, Ph.D., Chief Executive Officer. In his previous position as COO of argenx, Keith successfully transitioned the company from an R&D organization to a fully integrated global biotech organization. Keith has extensive
experience in operations, sales, launch readiness, and commercialization, and we look forward to working with him as we advance our clinical programs toward pivotal studies.
I am delighted to be joining TScan s Board and further support the progress of this innovative company. I believe that TScan is well-positioned to
deliver on its mission of bringing life-changing therapies to patients suffering from cancer and other debilitating disorders. I look forward to bringing my commercialization, operations, and biopharmaceutical industry experience to supporting the
growth of TScan and advancing this compelling pipeline, added Mr. Woods.
Mr. Woods has over three decades of experience in the
biopharmaceutical sector, having served most recently as chief operating officer (COO) of argenx where he led the company through its transition from an R&D organization to a global commercial organization. During this time, he oversaw key teams
in preparation for argenx s first product launch, including sales, marketing, market access and reimbursement, business operations, patient services and medical affairs. In 2023, Mr. Woods transitioned from this role to serve as a
strategic advisor to the Board of Directors of argenx. Prior to argenx, Keith served as senior vice president of North American operations for Alexion Pharmaceuticals, Inc. (Alexion), where he managed a team of several hundred people in the U.S. and
Canada and was responsible for more than $1 billion in annual sales. Prior to joining Alexion, Mr. Woods held various positions of increasing responsibility within Roche, Amgen, and Eisai Co., Ltd., over a span of 20 years. He holds a
Bachelor of Science in marketing from Florida State University.
About TScan Therapeutics, Inc.
TScan is a clinical-stage biopharmaceutical company focused on the development of T cell receptor (TCR)-engineered T cell therapies (TCR-T) for the treatment of patients with cancer. The Company s lead TCR-T therapy candidates, TSC-100 and TSC-101, are in development for the treatment of patients with hematologic malignancies to eliminate residual disease and prevent relapse after allogeneic hematopoietic cell transplantation. The Company is also
developing multiplexed TCR-T therapy candidates for the treatment of various solid tumors. The Company has developed and continues to build its ImmunoBank, the Company s repository of therapeutic TCRs
that recognize diverse targets and are associated with multiple HLA types, to provide customized multiplexed TCR-T therapies for patients with a variety of solid tumors.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to,
express or implied statements regarding TScan s plans, progress, and timing relating to TScan s hematologic malignancies program; TScan s plans, progress, and timing relating to the TScan s solid tumor programs, including
expanding the ImmunoBank; TScan s current and future research and development plans or expectations; the structure, timing and success of TScan s planned preclinical development; the potential benefits of any of TScan s proprietary
platforms, multiplexing, or current or future product candidates in treating patients; and TScan s goals and strategy. TScan intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements
contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, may,
might, will, objective, intend, should, could, can, would, expect, believe, anticipate, project,
target, design, estimate, predict, potential, plan, look forward, on track, or similar expressions or the negative of those terms. Such forward-looking
statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. The express or implied forward-looking statements included in this release are only predictions and are subject to a number
of risks, uncertainties and assumptions, including, without limitation: the beneficial characteristics, safety, efficacy, therapeutic effects and potential advantages of TScan s TCR-T therapy candidates;
TScan s expectations regarding its preclinical studies being predictive of clinical trial results; the timing of the initiation, progress and expected results of TScan s preclinical studies, clinical trials and its research and development
programs; TScan s plans relating to developing and commercializing its TCR-T therapy candidates, if approved, including sales strategy; estimates of the size of the addressable market for TScan s TCR-T therapy candidates; TScan s manufacturing capabilities and the scalable nature of its manufacturing process; that Mr. Woods experience in the biopharmaceutical sector and expertise in
commercialization may not be predictive of TScan s advancement of its clinical programs toward pivotal studies; that Mr. Woods commercialization, operations, and biopharmaceutical industry experience may not necessarily be predictive
of TScan s success in advancement of its pipeline; TScan s expectations regarding competition; TScan s anticipated growth strategies; TScan s ability to attract or retain key personnel; TScan s expectations regarding
federal, state and foreign regulatory requirements; TScan s ability to obtain and maintain intellectual property protection for its proprietary platform technology and our product candidates;; and other factors that are described in the
Risk Factors and Management s Discussion and Analysis of Financial Condition and Results of Operations sections of TScan s most recent Annual Report on Form 10-K and any
other filings that TScan has made or may make with the SEC in the future. Any forward-looking statements contained in this release represent TScan s views only as of the date hereof and should not be relied upon as representing its
views as of any subsequent date. Except as required by law, TScan explicitly disclaims any obligation to update any forward-looking statements.
TScan Therapeutics, Inc.
VP, Investor Relations
LifeSci Advisors, LLC

Frequently Asked Questions

Who is R. Keith Woods?

R. Keith Woods is a seasoned expert with over 30 years in life sciences.

What is TScan Therapeutics focused on?

TScan Therapeutics specializes in T cell receptor-engineered T cell therapies.

What role did Woods play at argenx?

Woods served as COO, guiding argenx from R&D to a global biotech organization.

What are TScan's lead therapy candidates?

TScan's lead candidates are TSC-100 and TSC-101 for hematologic malignancies.

What is the ImmunoBank?

The ImmunoBank is TScan's repository of therapeutic TCRs for customized therapies.

Last updated: Dec 7, 2023