Bayhill Therapeutics Appoints Fred Kurland as Chief Financial Officer.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. -- Bayhill Therapeutics Inc., a clinical-stage biotechnology company developing innovative therapies for autoimmune diseases Autoimmune diseases A group of diseases, like rheumatoid arthritis and systemic lupus erythematosus, in which immune cells turn on the body, attacking various tissues and organs. Mentioned in: Complement Deficiencies, Premature Menopause , today announced that Fred Kurland joined the Company in the newly created position of Chief Financial Officer. "We are delighted Fred has joined our management team," said Mark W. Schwartz, Ph.D., Bayhill Therapeutics' President and Chief Executive Officer. "Fred has an outstanding track record. He has led or been involved in numerous successful transactions during his 26 years in the pharmaceutical and biotechnology industries, including initial public offerings, acquisitions and divestitures, public and private financings and major collaborations. His experience will be key in managing Bayhill's future growth." Fred Kurland was Chief Financial Officer of Corcept Therapeutics Incorporated from 2004 until April 2007. He served as Vice President and Chief Financial Officer of Genitope Corporation from 2002 until 2004. From 1998 to 2002 Mr. Kurland served as Senior Vice President and Chief Financial Officer of Aviron. He served as Vice President and Chief Financial Officer of Protein Design Labs, Inc. from 1996 to 1998 and from 1995 to 1996 he served as Vice President, Chief Financial Officer and Secretary of Applied Immune Sciences, Inc. Mr. Kurland held a number of financial management positions at Syntex Corporation between 1981 and 1995 including Vice President and Controller between 1991 and 1995. Mr. Kurland received his B.S. from Lehigh University Lehigh University, at Bethlehem, Pa.; coeducational; chartered and opened 1866 by Asa Packer. It has undergraduate colleges of arts and science, business and economics, and engineering and applied science, as well as several graduate programs. and his J.D. and M.B.A. degrees from the University of Chicago. About Bayhill Therapeutics Bayhill Therapeutics Inc. is a clinical-stage biotechnology company focused on developing and commercializing therapeutics that fundamentally alter the way autoimmune diseases are treated. The company has developed two therapeutic platforms with broad applicability to a range of autoimmune diseases. Bayhill's BHT-DNA autoimmune vaccine is designed to eliminate disease-causing cells without effecting normal protective immune system immune system Cells, cell products, organs, and structures of the body involved in the detection and destruction of foreign invaders, such as bacteria, viruses, and cancer cells. Immunity is based on the system's ability to launch a defense against such invaders. cells. BHT-DNA is being studied in a Phase II trial for multiple sclerosis and a Phase I/II trial for autoimmune diabetes. Bayhill's second therapeutic is an oligonucleotide Oligonucleotide A deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) sequence composed of two or more covalently linked nucleotides. Oligonucleotides are classified as deoxyribooligonucleotides or ribooligonucleotides. in preclinical preclinical /pre·clin·i·cal/ (-klin´i-k'l) before a disease becomes clinically recognizable. pre·clin·i·cal adj. 1. development for systemic lupus erythematosus Systemic Lupus Erythematosus Definition Systemic lupus erythematosus (also called lupus or SLE) is a disease where a person's immune system attacks and injures the body's own organs and tissues. Almost every system of the body can be affected by SLE. . More information about Bayhill Therapeutics is available at www.bayhilltherapeutics.com. |
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