NEW YORK–(BUSINESS WIRE)–IVERIC bio, Inc. (Nasdaq: ISEE) announced today the appointment of Tony Gibney to Executive Vice President and Chief Business and Strategy Officer, effective December 13, 2021. Mr. Gibney is an experienced biotechnology executive and former investment banker. Mr. Gibney brings over 25 years of experience dedicated to advising biotechnology companies in the U.S. and Europe on corporate matters such as business strategy, collaboration transactions, financings, and mergers and acquisitions. As a biotechnology executive, Mr. Gibney completed multiple strategic transactions, and was responsible for the execution of corporate, operational, and business development strategies.
“We are excited to welcome Tony to Iveric Bio. He will be an additional, highly-experienced executive on our team as we prepare for a potential launch of Zimura in geographic atrophy secondary to age-related macular degeneration and accelerate our plans to develop multiple assets to establish an AMD franchise, including lifecycle initiatives for Zimura,” stated Glenn P. Sblendorio, Chief Executive Officer of Iveric Bio. “As a highly-respected operational executive and strategic advisor to biotechnology companies, we look forward to Tony’s leadership and extensive expertise contributing to the Company’s future successes.”
Pravin U. Dugel, President of Iveric Bio, commented, “Tony’s deep understanding of the biotech business and, in particular the complement space, along with his substantial industry network, we believe will be invaluable to our business development efforts and in creating long-term shareholder value.”
Most recently, Mr. Gibney served as Chief Financial Officer and Chief Business Officer at Fog Pharmaceuticals overseeing and driving the business development, strategy and finance functions of the company. Previously, Mr. Gibney was Executive Vice President and Chief Business Officer at Achillion Pharmaceuticals, a company focused on complement inhibition, where he led corporate and portfolio strategy, business development and corporate communications and led the successful sale of Achillion to Alexion Pharmaceuticals in 2020. Before Achillion, Mr. Gibney was a Managing Director and Co-Head of Biotechnology Investment Banking Team at Leerink Partners LLC. Mr. Gibney also previously worked in the Healthcare Group at Merrill Lynch and executed a variety of significant financing and merger and acquisition transactions while leading the firm’s East Coast biotech effort as a Managing Director. Mr. Gibney has executed over 150 financings and merger and acquisition advisory transactions for U.S. and European clients. He earned a B.A. in Economics and a B.A. in History from Yale University.
“I am excited about joining Iveric Bio at this important time, as I believe the Company is well-positioned to lead the complement space in age-related macular degeneration,” stated Mr. Gibney. “Having advised Iveric Bio as an investment banker and watched Iveric Bio’s growth more recently, I am thrilled to have the opportunity to work in partnership with Glenn, Pravin and the leadership team to develop strategies that continue to grow the Company and deliver transformative treatments for patients with debilitating retinal diseases.”
About Iveric Bio
Iveric Bio is a science-driven biopharmaceutical company focused on the discovery and development of novel treatments for retinal diseases with significant unmet medical needs. The Company is committed to having a positive impact on patients’ lives by delivering high-quality, safe and effective treatments designed to address debilitating retina diseases including all stages of age-related macular degeneration. For more information on the Company, please visit www.ivericbio.com.
