Century Therapeutics Enhances Executive Team with Key Changes
Century Therapeutics Welcomes New Leadership Members
In a significant advancement for its future, Century Therapeutics, Inc. (NASDAQ: IPSC) has announced the appointments of two distinguished executives to its leadership team. Morgan Conn, Ph.D., has stepped into the role of Chief Financial Officer, while Chad Cowan, Ph.D., takes on the position of Chief Scientific Officer. These appointments mark a strategic step as the company continues to innovate in the field of biotechnology, focusing on novel cell therapies for cancer and autoimmune diseases.
Morgan Conn Brings a Wealth of Experience
Dr. Morgan Conn joins Century with over two decades of experience in finance, business development, and corporate strategy within the biopharmaceutical sector. Before accepting the role at Century, he was the Chief Business Officer at Pharvaris, where he played a pivotal role in steering finance operations and corporate development. His previous experience includes founding CallisBio, a consultancy dedicated to business development strategies, and pivotal roles at PTC Therapeutics.
His Vision for Century Therapeutics
Expressing excitement about joining at such a crucial time, Dr. Conn stated, “With several key catalysts on the horizon, I’m excited to be joining Century at this pivotal time.” He highlighted Century's unique position in the cell therapy sector, emphasizing the opportunity to enhance the capabilities and value of its iPSC-derived platform. Dr. Conn's scientific background, paired with his financial expertise, is set to influence Century's strategic and growth trajectory positively.
Chad Cowan: A Pioneer in Cell Therapy
Chad Cowan, Ph.D., recognized as a trailblazer in stem cell and cell therapy, also joins Century as Chief Scientific Officer. Before his new role, Dr. Cowan served as an executive scientific advisor at Century following its acquisition of Clade Therapeutics, which he co-founded. His extensive experience includes being a scientific founder at CRISPR Therapeutics and founding Sana Biotechnology, alongside significant contributions to pivotal research projects.
Driving Scientific Innovation Forward
Upon his new appointment, Dr. Cowan remarked, “I believe the results we are seeing from the joint pipeline across a broad range of cell types position Century as a future leader in allogeneic cell therapies.” His commitment to utilizing groundbreaking methodologies, such as the Allo-Evasion™ technology, is expected to propel the company toward achieving its goal of transforming cell therapies.
Transition of Hy Levitsky
The company also announced that Hy Levitsky, M.D., will transition from his role as President of Research and Development to become an advisor. Dr. Levitsky has been credited with essential contributions to Century's evolution as one of its earliest employees. His transition marks a new chapter both for him and the company as it continues to expand.
Commitment to Future Growth
Reflecting on his time at Century, Dr. Levitsky expressed pride in the team's accomplishments and confidence in the leadership transition. “While I have decided to step away from day-to-day operations and managerial oversight, my belief in the technology we have developed is stronger than ever,” he commented. His insights and experience will undoubtedly guide Century even in his new advisory capacity.
About Century Therapeutics
Century Therapeutics aims to revolutionize cancer and autoimmune disease treatment through innovative cell therapies. Utilizing genetically engineered, iPSC-derived products, the company targets various malignancies while addressing the limitations faced by first-generation therapies. Their commitment not only lies in developing cutting-edge therapies but ensuring they are accessible to patients worldwide. With its expanding leadership team, Century Therapeutics is well-poised to advance its mission in the biotech landscape.
Frequently Asked Questions
What recent changes have been made to Century Therapeutics' leadership?
Century Therapeutics has appointed Morgan Conn, Ph.D., as Chief Financial Officer and Chad Cowan, Ph.D., as Chief Scientific Officer.
What is Morgan Conn's professional background?
Morgan Conn has over 20 years of experience in biopharma, including finance operations and strategic roles at companies like Pharvaris and PTC Therapeutics.
Why is Chad Cowan significant in the field of cell therapy?
Chad Cowan is recognized for his extensive contributions to stem cell research and his leadership roles at several biotech companies, including CRISPR Therapeutics and Sana Biotechnology.
What role did Hy Levitsky play in Century Therapeutics?
Hy Levitsky, as President of Research and Development, was instrumental in the early phases of the company and will now serve in an advisory role.
What is the focus of Century Therapeutics?
Century Therapeutics focuses on developing iPSC-derived cell therapies for cancer and autoimmune diseases, aiming to overcome limitations of existing treatments.
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