Landos Biopharma, Inc. Announces Management Changes
November 08, 2021 at 01:10 pm
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Landos Biopharma Inc. announced that Josep Bassaganya-Riera, Ph.D., has stepped down as Chairman and President, effective immediately. Tim M. Mayleben, a member of the Landos Board, has been appointed Interim President. Chris Garabedian, also a Landos Director, has been appointed Chairman of the Board. Dr. Bassaganya-Riera will serve as an advisor to the Company to ensure a smooth transition. Mr. Garabedian founded Xontogeny in June of 2016 to support multiple promising technologies from early development through clinical proof-of-concept, and has served on the Landos Board of Directors since September 2017. In 2017, he joined Perceptive Advisors to develop their Venture Fund strategy and is Portfolio Manager of the Perceptive Xontogeny Ventures Funds, which supports early-stage companies with Series A investments across biotech, medtech and healthtech. Mr. Garabedian has a broad base of experience and a track record of success over his decades long experience in the biopharma industry. He served as the President and CEO of Sarepta Therapeutics from 2011 to 2015, overseeing the turnaround of a company that is now a commercial stage leader in the genetic technology space after leading the development of the company?s Duchenne Muscular Dystrophy program. Prior to Sarepta, he led Corporate Strategy for Celgene from 2007 to 2010. Prior to Celgene, he served in a number of global commercial and corporate development leadership roles at Gilead from 1997 to 2005.
Landos Biopharma, Inc. is a clinical-stage biopharmaceutical company. It is focused on the development of novel, oral, once-daily therapeutics for patients with autoimmune diseases. It is engaged in the development of therapeutics that target novel pathways at the interface of immunity and metabolism. Its lead product candidate is NX-13, a novel, oral, gut-selective, NLRX1 agonist. It is developing NX-13 as a once-daily, oral treatment for ulcerative colitis (UC), and Crohn's disease (CD), that targets NOD-like receptor X1 (NLRX1), a mitochondria-associated receptor that has been associated with the modulation of inflammatory cytokines for UC and CD. NX-13 is designed to target NLRX1 and induce anti-inflammatory effects in CD4+ T cells and other cells in the gastrointestinal tract. It has several preclinical product candidates, including LABP-66, LABP-73 and LABP-69. LABP-73, an oral, small molecule NLRX1 agonist for the potential treatment of asthma and eosinophilic disorders.
LANDOS BIOPHARMA, INC. 
