{"id":7180,"date":"2018-09-20T17:12:12","date_gmt":"2018-09-21T00:12:12","guid":{"rendered":"https:\/\/www.bluerocktx.com\/?p=7180"},"modified":"2023-06-26T14:37:26","modified_gmt":"2023-06-26T18:37:26","slug":"bluerock-therapeutics-appoints-shane-kovacs-as-chief-business-and-financial-officer","status":"publish","type":"post","link":"https:\/\/www.bluerocktx.com\/bluerock-therapeutics-appoints-shane-kovacs-as-chief-business-and-financial-officer\/","title":{"rendered":"BlueRock Therapeutics Appoints Shane Kovacs as Chief Business and Financial Officer"},"content":{"rendered":"<ul>\n<li><strong>Appointment strengthens the leadership team and accelerates the company\u2019s establishment of its novel Cell+Gene platform<\/strong><\/li>\n<\/ul>\n<p><strong>CAMBRIDGE, Mass., Sept. 20, 2018<\/strong>\u00a0\u2013 BlueRock Therapeutics, LP, an engineered cell therapy company focused on leveraging its novel Cell+Gene platform to develop regenerative medicines for intractable diseases, today announced the appointment of Shane Kovacs as both Chief Business and Chief Financial Officer. In his new role, Mr. Kovacs will help define and execute the vision of BlueRock to develop and apply its Cell+Gene platform across multiple therapeutics areas. Mr. Kovacs brings strong biotech operating experience combined with significant investment banking and capital markets expertise.<\/p>\n<p>\u201cOur engineered cell therapy platform enables us to design and manufacture innovative new therapies that have the potential to fundamentally improve upon the limited treatment options for patients,\u201d said Emile Nuwaysir, Ph.D., Chief Executive Officer of BlueRock Therapeutics. \u201cShane brings both strategic insight and operating capabilities to BlueRock as we approach a critical inflection point for our programs and grow our pipeline. He is a welcome addition to our executive team and will play a key role in establishing BlueRock as the leader in the Cell+Gene space.\u201d<\/p>\n<p>BlueRock Therapeutics is advancing a novel Cell+Gene platform to develop, manufacture and deliver native cells with engineered functionality. Core to BlueRock\u2019s cell biology technology is the ability to create native cell therapies with high purity, potency and specificity. BlueRock can further enhance these native cells by engineering added capability and function to pursue new medicines across both rare and more prevalent chronic diseases. The company is preparing to file an IND for a novel clinical trial evaluating its best-in-class cell therapy to restore dopaminergic neurons and function in Parkinson\u2019s Disease patients, while also advancing its pipeline of neurology, cardiology and autoimmune treatments.<\/p>\n<p>\u201cBlueRock\u2019s foundational science and distinctive technology platform combined with its robust development capabilities and strong executive leadership create an exciting opportunity,\u201d said Mr. Kovacs. \u201cBlueRock has the potential to significantly change the treatment paradigm for patients suffering from neurodegenerative, cardiovascular and autoimmune disorders. As pioneers in the Cell+Gene space, BlueRock will translate this novel science into new medicines for patients suffering from intractable diseases with limited treatment options.\u201d<\/p>\n<p>Mr. Kovacs most recently served as Managing Director, Head of Biotechnology Investment Banking at RBC Capital Markets in New York. Prior to RBC, Mr. Kovacs was Executive Vice President, Chief Financial Officer and Head of Corporate Development at PTC Therapeutics. In this capacity, he helped transform PTC from a private, development-stage biotechnology company into a publicly traded, global commercial-stage biopharmaceutical business. Prior to joining PTC, Mr. Kovacs served as Managing Director, Health Care Investment Banking at Credit Suisse, where he held various positions of increasing responsibility from 2004 to 2013.<\/p>\n<p>Mr. Kovacs received an MBA from Richard Ivey School of Business at the University of Western Ontario and a Bachelor of Engineering in Chemical Engineering and a Bachelor of Science in Life Sciences from Queen\u2019s University in Kingston, Ontario. He is also a CFA Charterholder.<\/p>\n<p><strong>About BlueRock Therapeutics<\/strong><\/p>\n<p>BlueRock Therapeutics is an engineered cell therapy company with a mission to develop regenerative medicines for intractable diseases. BlueRock\u2019s Cell+Gene platform harnesses the power of cells for new medicines across neurology, cardiology and autoimmune indications. BlueRock\u2019s cell differentiation technology recapitulates the cell\u2019s developmental biology to produce native cell therapies which are further engineered for additional function. Utilizing these cell therapies to replace damaged or degenerated tissue brings the potential to restore or regenerate lost function. BlueRock was founded in 2016 by Versant Ventures and capitalized with one of the largest-ever Series A financings in biotech history by Bayer AG and Versant. BlueRock\u2019s culture is defined by scientific innovation, highest ethical standards and an urgency to bring transformative treatments to all who would benefit. For more information, visit <a href=\"http:\/\/www.bluerocktx.com\">www.bluerocktx.com<\/a>.<\/p>\n<p>###<\/p>\n<p><strong>Media Contacts:<\/strong><br \/>\nDavid Schull or Maggie Beller<br \/>\nRusso Partners, LLC<br \/>\n(646) 942-5631<br \/>\n<a href=\"mailto:Maggie.beller@russopartnersllc.com\">Maggie.beller@russopartnersllc.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Appointment strengthens the leadership team and accelerates the company\u2019s establishment of its novel Cell+Gene platform CAMBRIDGE, Mass., Sept. 20, 2018\u00a0\u2013 BlueRock Therapeutics, LP, an engineered cell therapy company focused on leveraging its novel Cell+Gene platform to develop regenerative medicines for intractable diseases, today announced [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7708,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45],"tags":[54],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - 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