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Provention Bio Appoints CFO, CSO

Drechsler brings more than 20 years of financial and life science industry experience

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By: Kristin Brooks

Managing Editor, Contract Pharma

Andrew Drechsler has been appointed chief financial officer and Dr. Francisco Leon, co-founder of Provention, has been named chief scientific officer, Provention Bio, Inc.
           
As CFO, Mr. Drechsler brings more than 20 years of financial and life science industry experience and will be responsible for leading Provention’s financial and capital markets activities. Mr. Drechsler previously served as chief financial officer for several biopharmaceutical companies.
           
Ashleigh Palmer, co-founder and CEO of Provention, said, “The appointment of Andy as our Chief Financial Officer signifies an important step as we aggressively pursue our mission and look to finance our existing and future pipeline of novel therapeutics and cutting-edge solutions to intercept chronic autoimmune and inflammatory diseases. Andy will be instrumental in these endeavors as well as infusing Provention with substantial proven experience and expertise in operating both private and public biopharmaceutical companies.”
           
Mr. Palmer added, “We are also very pleased to officially welcome Francisco to Provention’s executive team. Francisco’s unique combination of scientific acumen and entrepreneurial vision, and prior experience as vice president and head of Translational Medicine/Immunology at Johnson & Johnson’s Janssen Pharmaceuticals, were critical to the founding of Provention and the establishment of our mission to intercept and prevent immune-mediated disease.

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