September 25, 2022

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UNITY Biotechnology Announces Appointment of Achieved

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SAN FRANCISCO, May well 26, 2022 (World NEWSWIRE) — UNITY Biotechnology, Inc. (“UNITY”) [NASDAQ: UBX], a biotechnology firm building therapeutics to slow, halt, or reverse disorders of ageing, now introduced that Michael Samar, latest main fiscal officer at Assembly Bio, has been appointed to the Company’s board of administrators as its chair of the audit committee and a member of its payment committee.

“We’re thrilled to insert Michael to UNITY’s board of directors. With his potent background in biotech finance and functions, blended with an energetic contemporary point of view and observe document of execution, Michael’s strategic viewpoint will be critical as we concentration on executing on our UBX1325 reports in DME and AMD and delivering important readouts this 12 months,” mentioned Anirvan Ghosh, Ph.D., chief govt officer of UNITY Biotechnology.

Mr. Samar at this time serves as main economical officer of Assembly Bio, obtaining been promoted from SVP of finance and organization operations. His prior encounter features serving as Vice President of Finance and Web-site Head for the South San Francisco facility at Acorda Therapeutics Director of Money Preparing and Assessment at Onyx Prescribed drugs Senior Finance Director, World wide Preparing and Investigation at Agennix, and more and more senior roles within finance at Johnson & Johnson Pharmaceutical R&D. Mr. Samar obtained his MBA from Villanova University and his BS in finance from Bryant College. He also serves as Treasurer on the Board of OUTbio Bay Region, Inc., a non-earnings firm for LGBTQ+ professionals in the biotech and related industries.

Concurrent with Mr. Samar’s appointment, Graham K. Cooper has stepped down from the board of directors.

“Graham has been with UNITY by key parts of its evolution and has contributed enormously to the Firm, especially as Chair of Audit Committee. On behalf of the whole UNITY group, I would like to thank him for his committed support and vital contributions,” stated Keith Leonard, chairman of the board of UNITY Biotechnology. “As we head into the crucial next half of 2022, we seem ahead to doing work closely with Michael and are delighted to welcome him to our board.”

About UNITY
UNITY is producing a new class of therapeutics to sluggish, halt, or reverse ailments of getting older. UNITY’s latest concentration is on generating medications to selectively eliminate or modulate senescent cells and thereby supply transformative reward in age-related ophthalmologic and neurologic health conditions. Extra details is available at www.unitybiotechnology.com or observe us on Twitter and LinkedIn.

Forward-Looking Statements
This press launch is made up of forward-on the lookout statements which include statements related to UNITY’s comprehending of mobile senescence and the position it performs in illnesses of ageing, the likely for UNITY to build therapeutics to slow, halt, or reverse diseases of getting old, together with for ophthalmologic and neurologic health conditions, the likely for UNITY to effectively commence and total clinical scientific tests of UBX1325 for DME, AMD, and other ophthalmologic ailments, the expected timing of enrollment and outcomes of the medical trials in UBX1325, and UNITY’s expectations regarding the sufficiency of its dollars runway. These statements require considerable known and unidentified challenges, uncertainties, and other aspects that might lead to our genuine final results, amounts of activity, effectiveness, or achievements to be materially distinctive from the information expressed or implied by these forward-hunting statements, which include the chance that the COVID-19 worldwide pandemic may perhaps carry on to negatively affect the improvement of preclinical and medical drug candidates, which include delaying or disrupting the enrollment of clients in medical trials, dangers relating to the uncertainties inherent in the drug progress procedure, and challenges relating to UNITY’s comprehension of senescence biology. We might not essentially reach the options, intentions, or anticipations disclosed in our forward-seeking statements, and you should really not position undue reliance on our forward-hunting statements. True results or gatherings could vary materially from the programs, intentions and anticipations disclosed in the forward-searching statements we make. The forward-seeking statements in this push release signify our views as of the day of this launch. We foresee that subsequent functions and developments will induce our views to modify. Having said that, while we may possibly elect to update these forward-searching statements at some place in the long run, we have no present-day intention of performing so except to the extent essential by relevant legislation. You really should, therefore, not count on these ahead-looking statements as representing our sights as of any date subsequent to the date of this launch. For a even further description of the challenges and uncertainties that could induce genuine success to vary from all those expressed in these forward-hunting statements, as very well as pitfalls relating to the organization of UNITY in common, see UNITY’s most modern Quarterly Report on Sort 10-Q for the quarter ended March 31, 2022, filed with the Securities and Exchange Commission on May 10, 2022, as perfectly as other files that could be submitted by UNITY from time to time with the Securities and Trade Fee.

Media Get in touch with:
Canale Communications
Jason Spark
[email protected]

Trader Speak to:
Joyce Allaire
LifeSci Advisors
212-915-2569
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