Janux Therapeutics Promotes Co-Founder Tommy DiRaimondo, Ph.D. to Chief Scientific Officer
08 Gennaio 2024 - 3:00PM
Business Wire
Janux Therapeutics, Inc. (Nasdaq: JANX) (Janux), a
clinical-stage biopharmaceutical company developing a broad
pipeline of novel immunotherapies by applying its proprietary
technology to its Tumor Activated T Cell Engager (TRACTr) and Tumor
Activated Immunomodulator (TRACIr) platforms, today announced the
promotion of Dr. Tommy DiRaimondo to Chief Scientific Officer.
“The appointment of Tommy to CSO is another important milestone
for our company. Tommy was essential in our initial efforts to
discover and engineer a tumor-activated technology for solid tumors
and has since played a critical role in optimizing the applications
for our TRACTr and TRACIr platforms while supporting our clinical
programs,” said David Campbell, Ph.D., President and CEO of Janux.
“Tommy is poised to continue to make transformative contributions
as our CSO as we continue to advance our platforms and preclinical
pipeline.”
In his prior role as Head of Research, Tommy was instrumental in
successfully transitioning Janux’s PSMA-TRACTr and EGFR-TRACTr
programs from research into clinical trials. Tommy continues to
manage the internal and external research operations and plays an
integral role in managing the IP, discovery, creation, optimization
and expansion of Janux’s preclinical pipeline. Before Janux, Tommy
was the co-founder of Sitari Pharmaceuticals based upon his
graduate work at Stanford University with Professor Chaitan Khosla.
Tommy was a key leader in the Sitari drug discovery and development
program, whose successful culmination was the acquisition by
GlaxoSmithKline.
Tommy earned his Ph.D. in Chemical Engineering from Stanford
University, and his M.S.E. in Pharmaceutical Engineering and his
B.S.E in Chemical Engineering from the University of Michigan, Ann
Arbor.
Janux’s TRACTr and TRACIr Pipeline
Janux’s first clinical candidate, JANX007, is a TRACTr that
targets PSMA and is being investigated in a Phase 1 clinical trial
in adult subjects with metastatic castration-resistant prostate
cancer (mCRPC). Janux’s second clinical candidate, JANX008, is a
TRACTr that targets EGFR and is being studied in a Phase 1 clinical
trial for the treatment of multiple solid cancers including
colorectal cancer, squamous cell carcinoma of the head and neck,
non-small cell lung cancer, and renal cell carcinoma. Janux is also
applying its proprietary technology to develop a TRACTr designed to
target TROP2, a clinically validated anti-tumor target that is
overexpressed in various cancer types, such as breast, lung,
urothelial, endometrial, ovarian, prostate, pancreatic, gastric,
colon, head and neck, and glioma. Janux’s TRACIr drug candidate,
JANX009, is designed for targeting both the programmed death-ligand
1 (PD-L1) receptor as well as the costimulatory CD28 receptor on T
cells for the treatment of solid tumors. In addition to named
programs, Janux is generating a number of unnamed TRACTr and TRACIr
programs for potential future development.
About Janux Therapeutics
Janux is a clinical-stage biopharmaceutical company developing
tumor-activated immunotherapies for cancer. Janux’s proprietary
technology enabled the development of two distinct bispecific
platforms: Tumor Activated T Cell Engagers (TRACTr) and Tumor
Activated Immunomodulators (TRACIr). The goal of both platforms is
to provide cancer patients with safe and effective therapeutics
that direct and guide their immune system to eradicate tumors while
minimizing safety concerns. Janux is currently developing a broad
pipeline of TRACTr and TRACIr therapeutics directed at several
targets to treat solid tumors. Janux has two TRACTr therapeutic
candidates in clinical trials, the first targeting PSMA is in
development for prostate cancer, and the second targeting EGFR is
being developed for colorectal, lung, head and neck, and renal
cancers. For more information, please visit www.januxrx.com and
follow us on LinkedIn.
Forward-Looking Statements
This news release contains certain forward-looking statements
that involve risks and uncertainties that could cause actual
results to be materially different from historical results or from
any future results expressed or implied by such forward-looking
statements. Such forward-looking statements include statements
regarding, among other things, Janux’s ability to bring new
treatments to cancer patients in need, expectations regarding the
timing, scope and results of Janux’s development activities,
including its ongoing and planned preclinical studies and clinical
trials, the timing of and plans for regulatory filings, the
potential benefits of Janux’s product candidates and platform
technologies, and expectations regarding the use of Janux’s
platform technologies to generate novel product candidates. Factors
that may cause actual results to differ materially include the risk
that compounds that appear promising in early research do not
demonstrate safety and/or efficacy in later preclinical studies or
clinical trials, the risk that Janux may not obtain approval to
market its product candidates, uncertainties associated with
performing clinical trials, regulatory filings and applications,
risks associated with reliance on third parties to successfully
conduct clinical trials, the risks associated with reliance on
outside financing to meet capital requirements, and other risks
associated with the process of discovering, developing and
commercializing drugs that are safe and effective for use as human
therapeutics, and in the endeavor of building a business around
such drugs. You are urged to consider statements that include the
words “may,” “will,” “would,” “could,” “should,” “believes,”
“estimates,” “projects,” “promise,” “potential,” “expects,”
“plans,” “anticipates,” “intends,” “continues,” “designed,” “goal,”
or the negative of those words or other comparable words to be
uncertain and forward-looking. For a further list and description
of the risks and uncertainties Janux faces, please refer to Janux’s
periodic and other filings with the Securities and Exchange
Commission, which are available at www.sec.gov. Such
forward-looking statements are current only as of the date they are
made, and Janux assumes no obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240108673937/en/
Investors: Andy Meyer Janux Therapeutics
ameyer@januxrx.com (202) 215-2579
Media: Jessica Yingling, Ph.D. Little Dog Communications
Inc. jessica@litldog.com (858) 344-8091
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