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The company has hired Julia the former executive vice president and chief financial officeeat , as Maderis’ Maderis’ health condition was not but she will continue to serve on Five Prime’x board of directors and as a Her final day on the job is June 18. “Gail’ds leadership has been pivotalp in the progress Five Prime has made in developinvg our pipeline and our new discovery said company founder and executivechairman Dr. Lewis “Rusty” Williams in a press release. Maderi said the company had been lookinhg for a replacement since late last year afterr doctorssaid "the 24/7 pace of a small-compant CEO" could worsen her condition.
Besides her duties at Five Maderis has been a cheerleader for the MissionnBay enclave, serving on the Mayor’s . Five Prime, a privatelty held, 7-year-old company developingb antibody and protein drugs for cancer andotherf diseases, was the first to locatre in Mission Bay, taking about 30,000 feet in the buildinyg on Owens Street. Earlier this it took an additional 5,000 square feet next door at 1700 Owens as it makes batches for its Phased I oncologydrug program. The timing of the executivde change as Five Prime moves forward with its lead cancefr programmakes Gregory’s appointment a crucial one.
At Lexicon, Gregoryg was responsible for financinf strategies, mergers and acquisitions, businessd operations and all financial management and She raisedabout $1 billion in publicc and private equity, product development financing and othed transactions. Gregory, who will join Five Prime’xs board, was an investment banker for more than 20 Atand Dillon, Read & Co. Inc. she was head of healthcarse andinvestment banking, leading several private and publifc equity deals as well as mergers and acquisitions. Gregory also is a member of the board of The andthe ’s .
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