Clovis Oncology Appoints Two New Directors to its Board

Business Wire 11-Oct-2018 4:05 PM

Clovis Oncology, Inc. (NASDAQ:CLVS), announced today the appointment of Robert W. Azelby and Richard A. Fair to the company's Board of Directors.

"Clovis will be well served by the addition of these two individuals to our Board, given their deep experience in managing pipeline diversification, launch and commercialization for innovative oncology therapeutics at leading global biotech companies," said Patrick J. Mahaffy, President and CEO of Clovis Oncology. "Robert is a respected healthcare executive who brings a breadth of experience related to the commercialization of products in new and expanded oncology indications. Rick brings to the Board a distinguished track record having led the growth and expansion of a leading biopharmaceutical company and now leading an oncology-focused organization."

Robert W. Azelby has served as the President and Chief Executive Officer, and a member of the board of directors, of Alder BioPharmaceuticals, Inc. since June 2018. From November 2015 to May 2018, Mr. Azelby served as executive vice president, chief commercial officer of Juno Therapeutics, Inc. From June 2012 to October 2015, Mr. Azelby served as vice president and general manager, oncology at Amgen Inc. From October 2010 to May 2012, he served as Amgen's vice president, Amgen Oncology Sales. Prior to that, he served in various positions at Amgen, including periods as vice president, commercial effectiveness unit and general manager of Amgen Netherlands. Mr. Azelby previously served on the board of directors of Cascadian Therapeutics, Inc. Mr. Azelby holds a B.A. in Economics and Religious Studies from the University of Virginia and an M.B.A. from Harvard Business School. The Company believes Mr. Azelby possesses specific attributes that qualify him to serve as a member of the Company's board of directors, including his years of leadership and commercial experience in the oncology industry.

Richard A. Fair has served as President and Chief Executive Officer, and a member of the board of directors, of Bellicum Pharmaceuticals, Inc. since January 2017. Prior to joining Bellicum, Mr. Fair served as Senior Vice President, Therapeutic Head Oncology Global Product Strategy at Genentech, Inc., a subsidiary of Roche Holding AG. From April 2006 to January 2014, Mr. Fair held other positions at Genentech, including Vice President, Global Product Strategy Hematology & Signaling, from November 2012 through December 2013, and Vice President, Sales & Marketing, Oral Oncolytics, from May 2010 to November 2012. Prior to Genentech, Mr. Fair held positions at Johnson & Johnson, a pharmaceutical and medical device company. Mr. Fair received his B.S. in computer science from the University of Michigan and his MBA from Columbia University. The Company believes Mr. Fair possesses specific attributes that qualify him to serve as a member of the Company's board of directors, including his years of leadership and commercial experience in the oncology industry.

About Clovis Oncology

Clovis Oncology, Inc. is a biopharmaceutical company focused on acquiring, developing and commercializing innovative anti-cancer agents in the U.S., Europe and additional international markets. Clovis Oncology targets development programs at specific subsets of cancer populations, and simultaneously develops, with partners, diagnostic tools that direct a compound in development to the population that is most likely to benefit from its use. Clovis Oncology is headquartered in Boulder, Colorado, and has additional offices in San Francisco and Oakland, California and Cambridge, UK. Please visit www.clovisoncology.com for more information.

Clovis Oncology Forward-looking Statement

To the extent that statements contained in this press release are not descriptions of historical facts regarding Clovis Oncology, they are forward-looking statements reflecting the current beliefs and expectations of management. Such forward-looking statements involve substantial risks and uncertainties that could cause our future results, performance or achievements to differ significantly from that expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the uncertainties inherent in our clinical development programs for our drug candidates and those of our partners, the initiation, enrollment, timing and results of our planned clinical trials, and the risk that final results of trials may differ from initial or interim results. Clovis Oncology does not undertake to update or revise any forward-looking statements. A further description of risks and uncertainties can be found in Clovis Oncology's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and its reports on Form 10-Q and Form 8-K

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