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Dyne Therapeutics Announces Key Leadership Appointments


September 03, 2024

- Building Team to Prepare for Commercialization as Company Pursues Expedited Approval Pathways for DM1 and DMD Clinical Programs -

WALTHAM, Mass., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Dyne Therapeutics, Inc. (Nasdaq: DYN), a clinical-stage muscle disease company focused on advancing innovative life-transforming therapeutics for people living with genetically driven diseases, today announced key leadership appointments to drive its next phase of growth and operational success. Doug Kerr, M.D., Ph.D., MBA, has been appointed chief medical officer (CMO) succeeding Wildon Farwell, M.D., MPH, who is stepping down from his role and will remain at Dyne full-time through the end of 2024 to assist in the continued successful execution of the company’s clinical plans, including advancing its myotonic dystrophy type 1 (DM1) and Duchenne muscular dystrophy (DMD) programs toward registration. In addition, Johanna Friedl-Naderer is joining Dyne as chief commercial officer and Lucia Celona has been appointed chief human resources officer.

“As Dyne enters its exciting next chapter of becoming a fully integrated biotech company, I’m pleased to welcome Doug, Johanna and Lucia to the leadership team. They bring to Dyne tremendous experience in launching rare disease therapies globally, all while building and leading teams with proven expertise in these areas. This will be invaluable as we prepare for the potential of expedited approval, registration and commercialization of our co-lead DM1 and DMD programs,” said John Cox, Dyne’s president and chief executive officer. “Together we will build on the impressive progress the team has already made as we work towards advancing our mission to deliver life-transforming therapies for patients with serious muscle diseases.”

In addition, the company announced that Susanna High, MBA, chief operating officer, and Jonathan McNeill, M.D., chief business officer, have decided to step down from their roles to pursue other opportunities.

“I want to thank Wildon, Susanna and Jonathan for their many contributions to Dyne. Their leadership has been instrumental in guiding the company to where it is today – two clinical programs with potential best-in-class profiles, a robust pipeline for rare muscle diseases and a solid foundation that has positioned us well for future success,” said Mr. Cox.

About Dyne Therapeutics

Dyne Therapeutics is a clinical-stage muscle disease company focused on advancing innovative life-transforming therapeutics for people living with genetically driven diseases. With its proprietary FORCE™ platform, Dyne is developing modern oligonucleotide therapeutics that are designed to overcome limitations in delivery to muscle tissue. Dyne has a broad pipeline for serious muscle diseases, including clinical programs for myotonic dystrophy type 1 (DM1) and Duchenne muscular dystrophy (DMD) and a preclinical program for facioscapulohumeral muscular dystrophy (FSHD). For more information, please visit https://www.dyne-tx.com/, and follow us on X, LinkedIn and Facebook.

Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, contained in this press release, including statements regarding Dyne’s strategy, future operations, prospects and plans, objectives of management, the potential of the FORCE platform, the anticipated timelines for reporting additional data from the ACHIEVE and DELIVER clinical trials and initiating registrational cohorts, expectations regarding the timing and outcome of interactions with global regulatory authorities and the availability of accelerated approval pathways for DYNE-101 and DYNE-251, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “predict,” “project,” “potential,” “should,” or “would,” or the negative of these terms, or other comparable terminology are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Dyne may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in these forward-looking statements as a result of various important factors, including: uncertainties inherent in the identification and development of product candidates, including the initiation and completion of preclinical studies and clinical trials; uncertainties as to the availability and timing of results from preclinical studies and clinical trials; the timing of and Dyne’s ability to enroll patients in clinical trials; whether results from preclinical studies and initial data from early clinical trials will be predictive of the final results of the clinical trials or future trials; uncertainties as to the FDA’s and other regulatory authorities’ interpretation of the data from Dyne's clinical trials and acceptance of Dyne's clinical programs and the regulatory approval process; whether Dyne’s cash resources will be sufficient to fund its foreseeable and unforeseeable operating expenses and capital expenditure requirements; as well as the risks and uncertainties identified in Dyne’s filings with the Securities and Exchange Commission (SEC), including the Company’s most recent Form 10-Q and in subsequent filings Dyne may make with the SEC. In addition, the forward-looking statements included in this press release represent Dyne’s views as of the date of this press release. Dyne anticipates that subsequent events and developments will cause its views to change. However, while Dyne may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Dyne’s views as of any date subsequent to the date of this press release.

Contacts:

Investors
Amy Reilly
areilly@dyne-tx.com
857-341-1203

Media
Stacy Nartker
snartker@dyne-tx.com
781-317-1938

Photos accompanying this announcement are available at: 
https://www.globenewswire.com/NewsRoom/AttachmentNg/d83bdb12-5073-44dd-afb0-2dee35fcfad0

https://www.globenewswire.com/NewsRoom/AttachmentNg/7505092d-952a-41d9-b2aa-4d761477378c

https://www.globenewswire.com/NewsRoom/AttachmentNg/82bdb29d-3aab-4b20-9067-6b83a70aa4ca



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