Avalo Therapeutics, Inc., a clinical stage biotechnology company focused on the treatment of immune dysregulation, announced the appointment of Jennifer Riley as Chief Strategy Officer, effective January 1, 2025. In this newly created role, Ms. Riley will oversee corporate strategy and commercial and product pipeline planning, with a goal of driving growth and innovation across the organization.
“We are thrilled to welcome Jennifer to Avalo in the newly established role of Chief Strategy Officer,” said Dr. Garry Neil, Chief Executive Officer and Chairman of the Board. “Jennifer brings extensive leadership experience, strategic acumen, and deep expertise in immunology, which will be invaluable as we advance our lead asset, AVTX-009, an anti-IL-1β monoclonal antibody currently in the LOTUS Phase 2 trial for hidradenitis suppurativa. This role is pivotal for Avalo as we refine our commercialization strategies and explore indication expansion.”
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“I am honored to join Avalo Therapeutics at such an exciting and transformative time for the company,” said Ms. Riley. “This is a compelling role given the significant opportunity for AVTX-009 as a potential best in disease treatment for HS, a condition with high unmet need and a rapidly growing therapeutics market that is forecast to exceed $10 billion in the coming years. Furthermore, there is strong clinical rationale for the role of IL-1β in additional indications and I am excited about the possible expansion of the program into other large inflammatory market opportunities. I look forward to collaborating with the talented team at Avalo to advance the company’s mission of delivering impactful therapies that address immune dysregulation and improve the lives of patients in need.”
Ms. Riley has over 20 years of leadership experience in the biotechnology and pharmaceutical industries. Most recently, she founded Northbrook Consulting, where she advised more than 30 companies on development strategies, commercialization, and portfolio optimization. Previously, she held senior leadership roles at Biogen, including Vice President of Program Leadership and Management, overseeing the strategy and launch readiness for its hemophilia portfolio. Ms. Riley has demonstrated success in advancing product pipelines, optimizing portfolios, and delivering market-driven results across various therapeutic areas, including immunology and rare diseases. She earned a BS magna cum laude in molecular biology from the University of California San Diego and a Masters in virology from Harvard University.
Source: GlobeNewsWire