Zura Bio Forms Scientific Advisory Board with Prominent Specialists in Rheumatology, Dermatology, and Immunology Henderson, Nev

Zura Bio Forms Scientific Advisory Board with

Prominent Specialists in Rheumatology, Dermatology, and Immunology

Henderson, Nev - June 6, 2024 - Zura

Bio Limited (Nasdaq: ZURA) ("Zura Bio"), a clinical-stage immunology company developing novel dual-pathway antibodies

for autoimmune and inflammatory diseases, today announced the formation of a Scientific Advisory Board (SAB) with leading experts from

rheumatology, dermatology, and immunology. The five distinguished founding members of the SAB are Johann Gudjonsson, M.D, Ph.D., Dinesh

Khanna, M.D., M.Sc., Ajay Nirula, M.D., Ph.D., Michael Weinblatt, M.D. and Steven Ziegler, Ph.D.

"With the launch of the SAB, we are strengthening

our commitment to advancing solutions in translational and clinical science across our portfolio," stated Michael Howell, Ph.D.,

Chief Scientific Officer and Head of Translational Medicine. "We welcome these esteemed advisors whose expertise will enhance our

understanding of targeted pathways and their pivotal role in disease pathogenesis. This understanding will be impactful across our portfolio,

particularly in directing our efforts towards supporting Phase 2 clinical development in systemic sclerosis and hidradenitis suppurativa,

as well as elucidating the roles of BAFF and IL-17A across autoimmune and inflammatory diseases."

Johann Gudjonsson, M.D., Ph.D., is a Professor of Molecular Skin Immunology and Dermatology at the University of Michigan Dermatology

Department and a foremost expert in dermatological science. He leads a National Institutes of Health - funded research group examining

the immunological and genetic drivers of inflammatory skin disease, with projects directed at improving the diagnosis and treatment of

disorders such as atopic dermatitis, cutaneous lupus, hidradenitis suppurativa, lichen planus, psoriasis, and psoriatic arthritis. Since

2008, Dr. Gudjonsson has provided dermatology patient care at the University of Michigan Taubman Center. He is a graduate of the University

of Iceland Medical School and completed his internship and dermatology residency training at the University of Michigan.

Dinesh Khanna, M.D., M.Sc., is a Professor of Medicine and serves as the Director of the University of Michigan Scleroderma Program.

Guiding a multidisciplinary team of caregivers, scientists, and clinical researchers, Dr. Khanna is dedicated to advancing knowledge about

scleroderma and related conditions. His research interests include developing new patient-reported outcome measures in patients with scleroderma

and leading clinical trials evaluating new treatments for scleroderma. Dr. Khanna received an M.D. from University College of Medical

Sciences and completed a clinical and research rheumatology fellowship and an M.Sc. in Clinical Research from UCLA.

Nirula, M.D., Ph.D., is the Executive Vice President and Head of Research and Development at Recludix Pharma. He was previously a

Senior Vice President and the Immunology Therapeutic Area Head for Eli Lilly & Co, which he joined in 2015. He was responsible for

the company's research and early clinical development work in immunology. Before his tenure at Lilly, Dr. Nirula held leadership

roles at Amgen and Biogen Idec, contributing to various research programs and regulatory filings across diseases such as rheumatoid arthritis,

systemic lupus erythematosus, multiple sclerosis, psoriasis, and vasculitis. Dr. Nirula received his undergraduate degree in molecular

biology from UC Berkeley, followed by a medical degree from the University of California, Los Angeles (UCLA) School of Medicine, and

a Ph.D. from the University of Texas Southwestern Medical School.

Weinblatt, M.D., is the Co-Director of Clinical Rheumatology at Brigham and Women's Hospital and a Professor of Medicine at

Harvard Medical School. As a recognized authority in rheumatology with 40 years of experience, his clinical interests have been focused

on innovations in rheumatoid arthritis (RA) treatment. Dr. Weinblatt leads the Brigham and Women's clinical trial program in rheumatology

and was involved in the development of methotrexate for the treatment of RA. Dr. Weinblatt earned an M.D. from the University of Maryland

School of Medicine and has been board certified in rheumatology since 1980.

Steven Ziegler, Ph.D., is a Director of External Collaborations and a Member of the Center for Fundamental Immunology at Benaroya

Research Institute (BRI). He is also an Affiliate Professor in the Immunology Department at the University of Washington School of Medicine.

Dr. Ziegler graduated with honors from the University of Michigan in 1979, and in 1984 received his Ph.D. in molecular biology from UCLA.

Following post-doctoral training at the University of Washington, Dr. Ziegler spent five years as a staff scientist at Immunex, followed

by three years as the Director of Immunology/Molecular Biology at Darwin Molecular. He joined BRI as an Associate Member in 1997.

Zura Bio is a clinical-stage, multi-asset immunology

company developing novel dual-pathway antibodies for autoimmune and inflammatory diseases. Currently, Zura Bio is developing three assets

which have completed Phase 1/1b studies and are Phase 2 ready. The company is developing a portfolio of therapeutic indications for tibulizumab

(ZB-106), ZB-168, and torudokimab (ZB-880), with a goal of demonstrating their efficacy, safety, and dosing convenience in autoimmune

and inflammatory diseases, including systemic sclerosis and other novel indications with unmet needs.

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Head of Investor Relations