Ms. Lavelle brings to Alder 20 years of cross-functional experience leading strategic and operational initiatives in the biopharmaceutical industry. She will be responsible for leading the Company’s operational strategies and planning, and driving continued progress towards the commercialization of eptinezumab. She will report to
Ms. Lavelle most recently served as the General Manager of Amgen’s
“We are very pleased to have Erin join the Alder team and look forward to benefiting from her experience implementing strategic and operational initiatives to drive commercial development as we enter the next phase of Alder’s growth,” said Mr. Cleveland. “Erin brings a proven track record of managing complex operations within the biopharmaceutical industry, and her appointment to the newly-created COO role is another significant step in Alder’s process to build out our team with talented leaders to ensure we are well-positioned for a successful commercialization of eptinezumab.”
“I am excited to join Alder at such an important point in the Company’s path toward commercialization,” said Ms. Lavelle. “Eptinezumab represents a meaningful opportunity to transform treatment for migraine patients, and I look forward to working alongside Alder’s talented team of scientists, physicians and employees.”
This press release contains forward-looking statements, including, without limitation, statements relating to: the continued build-out of Alder’s executive team; Alder’s growth and development; the role of Alder’s Chief Operating Officer; the continued development and clinical, therapeutic and commercial potential of eptinezumab; the opportunity of eptinezumab to transform treatment for migraine patients; and the anticipated commercialization of eptinezumab. Words such as “continues,” “build,” “position,” “next,” “growth,” “development,” “will,” “progress,” “look forward,” “drive,” “towards,” “step,” “well-positioned,” “opportunity,” or other similar expressions, identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. The forward-looking statements in this press release are based upon Alder's current plans, assumptions, beliefs, expectations, estimates and projections, and involve substantial risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements due to these risks and uncertainties as well as other factors, which include, without limitation: the uncertain timing of, and risks relating to, the executive search process; risks related to the potential failure of eptinezumab to demonstrate safety and efficacy in clinical testing; Alder's ability to conduct clinical trials and studies of eptinezumab sufficient to achieve a positive completion; the availability of data at the expected times; the clinical, therapeutic and commercial value of eptinezumab; risks and uncertainties related to regulatory application, review and approval processes and Alder's compliance with applicable legal and regulatory requirements; risks and uncertainties relating to the manufacture of eptinezumab; Alder's ability to obtain and protect intellectual property rights, and operate without infringing on the intellectual property rights of others; the uncertain timing and level of expenses associated with Alder’s development and commercialization activities; the sufficiency of Alder's capital and other resources; market competition; changes in economic and business conditions; and other factors discussed under the caption "Risk Factors" in Alder's Annual Report on Form 10-K for the fiscal year ended
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Source: Alder BioPharmaceuticals, Inc.