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WARMINSTER, Pa., Oct. 22, 2018 (GLOBE NEWSWIRE) — Arbutus Biopharma Corporation (Nasdaq: ABUS), an industry-leading Hepatitis B Virus (HBV) ameliorative solutions company, today appear that James Meyers and Myrtle Potter accept been appointed to the Arbutus Board of Directors, able October 18, 2018, replacing Herbert Conrad and Dr. William Symonds. Dr. Symonds will abide with Arbutus as Chairman of its Analytic Advising Board.

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“We are absolute admiring to acceptable Mr. Meyers and Ms. Potter to the Arbutus Board”, said Dr. Mark Murray, President and CEO of Arbutus. Dr. Murray added, “Both acquire world-class ability in the biologic industry and will added strengthen and add to the acquaintance of our accepted Board to drive our focus on carrying a cure for abiding HBV”.

Mr. Meyers has served as a Senior Advisor to Gilead Sciences back his retirement from Gilead in February 2018. In his 22 years at Gilead, Mr. Meyers was one of a almost baby accumulation of admiral who were active in transitioning the aggregation from an avant-garde start-up to one of the best acknowledged biopharmaceutical organizations in the world. Prior to his advising role, Mr. Meyers served as Gilead’s Executive Vice President of Worldwide Bartering Operations, amenable for all bartering activities including appraisement and bazaar access. Mr. Meyers additionally led some of the best important and acknowledged artefact launches in the history of the biopharmaceutical industry, best conspicuously in the ameliorative areas of HCV and HIV. Prior to Gilead, Mr. Meyers served in roles of accretion albatross at both Zeneca Pharmaceuticals and Astra U.S.A. He accustomed his Bachelor’s amount in Economics from Boston College.

Ms. Potter served as CEO of Myrtle Potter & Company, a all-around biopharmaceutical advising close for thirteen years. In July 2018, Ms. Potter was appointed Vant Operating Chair for Roivant Pharma. Previously, Ms. Potter served as President and Chief Operating Officer of Genentech during a cardinal aeon of the company’s growth. Under her leadership, Genentech accomplished almanac sales and balance advance anniversary year and launched seven advance products. Prior to Genentech, Ms. Potter served as President of Bristol-Myers Squibb’s U.S. Cardiovascular and Metaic business. Before aing Bristol-Meyers Squibb, Ms. Potter served in roles of accretion albatross at Merck and Procter & Gamble.  Ms. Potter is a alum of the University of Chicago and serves on its Board of Trustees. She additionally serves on the Boards of Rite Aid and Liberty Mutual Insurance Group, and ahead served on the Boards of Amazon, Express Scripts, and Medco Health Solutions.

Mr. Herbert Conrad and Dr. William Symonds accommodated from the Arbutus Board of Directors on October 18, 2018.  Mr. Conrad and Dr. Symonds were appointed to the Arbutus Board of Directors as allotment of the company’s determinative alliance with OnCore Biopharma in 2015. Dr. Symonds will accept the role of the Chairman of the Company’s Analytic Advising Board, which will accommodate key assessment baton (KOL) advice to the aggregation as it strives to advance a alleviative ameliorative dieting for patients with HBV.

“On account of Arbutus and its Board, I would like to aboveboard acknowledge Bill and Herb for their committed account as Directors of the company,” said Dr. Murray. “They accept been important and admired admiral of the interests of the aggregation and its shareholders during a determinative aeon for Arbutus.”

About ArbutusArbutus Biopharma Corporation is a publicly-traded (Nasdaq: ABUS) biopharmaceutical aggregation committed to discovering, developing, and commercializing a cure for patients adversity from abiding Hepatitis B infection. Arbutus is developing assorted biologic candidates, anniversary of which accept the abeyant to advance aloft the accepted of affliction and accord to a alleviative aggregate regimen. For added information, appointment www.arbutusbio.com.

Forward Attractive Statements

This columnist absolution contains advanced statements aural the acceptation of the Section 27A of the Balance Act of 1933 and Section 21E of the Balance Exchange Act of 1934, and advanced attractive advice aural the acceptation of Canadian balance laws (collectively, “forward-looking statements”). Advanced statements in this columnist absolution accommodate statements about the Company’s development of a cure for abiding HBV.

With account to the advanced statements independent in this columnist release, Arbutus has fabricated abundant assumptions regarding, amid added things: the connected appeal for Arbutus’ assets and the adherence of bread-and-er and bazaar conditions. While Arbutus considers these assumptions to be reasonable, these assumptions are inherently accountable to cogent business, economic, competitive, bazaar and amusing uncertainties and contingencies.

Additionally, there are accepted and alien accident factors which could account Arbutus’ absolute results, achievement or achievements to be materially altered from any approaching results, achievement or achievements bidding or adumbrated by the advanced statements independent herein. Accepted accident factors include, amid others: Arbutus may not accept the all-important authoritative approvals for the analytic development of Arbutus’ products; bread-and-er and bazaar altitude may worsen; and bazaar accouterment may crave a change in cardinal focus.

A added complete altercation of the risks and uncertainties adverse Arbutus appears in Arbutus’ Annual Report on Form 10-K and Arbutus’ connected acknowledgment filings, which are accessible at www.sedar.com and at www.sec.gov. All advanced statements herein are able in their absoluteness by this cautionary statement, and Arbutus disclaims any obligation to alter or amend any such advanced statements or to about advertise the aftereffect of any revisions to any of the advanced statements independent herein to reflect approaching results, contest or developments, except as appropriate by law.

Contact Information

Investors

Mark MurrayPresident and CEOPhone: 604-419-3200 Email: [email protected]

Pam MurphyInvestor Relations ConsultantPhone: 604-419-3200Email: [email protected]

 

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