Apellis Pharmaceuticals Expands Management Team, Appoints Timothy Sullivan Chief Financial Officer
December 19, 2017
CRESTWOOD, Ky. and CAMBRIDGE, Mass.,
“We are thrilled to have Tim on board officially as Chief Financial Officer, especially during this exciting time in our company’s trajectory,” said Cedric Francois, MD, PhD, founder and chief executive officer of Apellis. “As an investor and throughout our recent IPO, Tim has shared his strategic insights on corporate finance as well as the biotechnology industry and will play a key role as we grow the company and execute on our vision.”
In his new role, Sullivan will lead the development of Apellis’ financing strategy and will drive a disciplined growth strategy as Apellis significantly expands operations as it enters two Phase 3 programs in 2018.
"Apellis’ strong science, standout leadership team, and potential to improve the quality of life of the one million patients with geographic atrophy, the leading cause of blindness for Americans over 50, was a mission I couldn’t refuse,” said Sullivan. “I’m delighted to join the company and help make Apellis’ therapies into a reality for patients.”
Prior to his career as a venture capitalist, Sullivan was an investment banker and served as Managing Director, head of life sciences banking at RBS Citizens, Senior Vice President at
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Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: whether preliminary or interim results from a clinical trial will be predictive of the final results of the trial; whether results obtained in preclinical studies and clinical trials will be indicative of results that will be generated in future clinical trials; whether APL-2 will successfully advance through the clinical trial process on a timely basis, or at all, and receive approval from the United States Food and Drug Administration or equivalent foreign regulatory agencies; whether, if Apellis’ products receive approval, they will be successfully distributed and marketed; and other factors discussed in the “Risk Factors” section of Apellis’ Prospectus filed with the
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Source: Apellis Pharmaceuticals, Inc.