CAMBRIDGE, Mass.–(BUSINESS WIRE)–EQRx, a new type of pharmaceutical company committed to developing and delivering important new medicines to patients at radically lower prices, today announced the appointment of Kathy Giusti to the Company’s board of directors. Ms. Giusti is recognized as a pioneer in precision medicine and is the founder and chief mission officer of the Multiple Myeloma Research Foundation (MMRF).
“Kathy is an inspirational leader, tireless patient advocate and is widely recognized for establishing innovative, patient-centric research models that have accelerated the development of lifesaving treatments,” said Melanie Nallicheri, chief executive officer of EQRx. “We are thrilled to welcome Kathy to our board and believe her passion and expertise will be invaluable as we further amplify our relentless drive to create true access to innovative, affordable medicines.”
Under Kathy’s leadership, the MMRF has established partnerships and collaborative research models in precision medicine. Since the MMRF was founded, 15 drugs have been approved to treat multiple myeloma. Kathy also co-chairs and helped found the Harvard Business School Kraft Precision Medicine Accelerator, a partnership between Harvard Business School and the Robert and Myra Kraft Family Foundation. Previously, Kathy held leadership positions in the pharmaceutical industry including at G.D. Searle and Merck.
Kathy, a multiple myeloma patient, has been named one of Time magazine’s 100 Most Influential People in the World and was ranked #19 on Fortune’s list of the World’s 50 Greatest Leaders. Kathy was previously appointed to President Obama’s Precision Medicine Initiative Working Group and served as an advisor to the Biden Moonshot program. She was named to the President’s Council of Advisors on Science and Technology (PCAST), the National Cancer Advisory Board (NCAB), and the National Cancer Policy Board (NCPB). Kathy serves as a member of Verily’s advisory board, the FasterCures Non-Profit Council and the Harvard Business School Health Advisory Board. She received her MBA in general management from Harvard Business School and holds a B.S. and an honorary doctorate from the University of Vermont.
“For too long, patients have been unable to afford or access the lifesaving treatments that they need,” said Ms. Giusti. “It is time for a new way. I could not be more excited to join the EQRx board of directors and share in the Company’s mission to change the way the industry develops and prices new therapies in order to benefit those who matter the most: patients.”
About EQRx
EQRx is a new type of pharmaceutical company committed to developing and delivering innovative medicines to patients at radically lower prices. Launched in January 2020, EQRx is purpose-built, at scale, with a growing catalog of medicines in development in high-cost drug categories and emerging partnerships with leading payers and providers. Leveraging cutting-edge science and technology and strategic partnerships with stakeholders from across the healthcare system, EQRx aims to provide innovative, patent-protected medicines more efficiently and cost-effectively than ever before. In August 2021, EQRx announced a proposed combination with CM Life Sciences III (Nasdaq: CMLTU) to accelerate growth. The combination is expected to be completed in the fourth quarter of 2021. To learn more, visit www.eqrx.com and follow us on social media: Twitter: @EQRxInc, LinkedIn, Instagram: @eqrxinc.
