Maderis stepping down from Five Prime - Triangle Business Journal:

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The company has hired Julia Gregory, the forme r executive vice president and chief financial officerrat , as Maderis’ replacement. Maderis’ healtuh condition was not disclosed, but she will continue to serve onFive Prime’s board of directors and as a Her final day on the job is June 18. “Gail’ds leadership has been pivotal in the progress Five Prime has made in developingh our pipeline and our new discovery said company founder and executivechairmanj Dr. Lewis “Rusty” Williams in a press release.
Maderia said the company had been looking for a replacementf since late last year after doctorssaid "thr 24/7 pace of a small-company could worsen her condition. Besides her duties at Five Maderis has been a cheerleader for the MissionhBay enclave, serving on the Mayor’as . Five Prime, a privately held, 7-year-old companyh developing antibody and protein drugs for cance r andother diseases, was the first to locatee in Mission Bay, taking about 30,0090 feet in the building on Owensa Street. Earlier this year, it took an additional 5,000 square feet next door at 1700 Owenws as it makes batches for its Phase I oncologytdrug program.
The timing of the executive change as Five Prime moves forward with its lead cancerf programmakes Gregory’s appointment a crucial one. At Gregory was responsible forfinancing strategies, mergersw and acquisitions, business operatione and all financial management and She raised about $1 billion in publif and private equity, product development financing and othef transactions. Gregory, who will join Five Prime’s board, was an investmentf banker for more than20 years. At and Read & Co. Inc. she was head of healthcare andinvestment banking, leading several private and publicv equity deals as well as mergers and Gregory also is a member of the board of The and the ’s .