Lycera to advance discovery, development efforts with second tranche of $11 million Series A financing

February 25, 2016

"I am excited to join Lycera in this new role as the company furthers its development programs and enters its next phase of growth," said Dr. Goldstein. "I look forward to working with Lycera's world-class scientific advisory board and research and management teams."

Prior to joining Lycera, Dr. Goldstein was vice president, preclinical development and project management at ArQule. Prior to ArQule, Dr. Goldstein spent 14 years at Novartis, where she held positions of increasing responsibility focused on global project management, toxicology and drug safety supporting a variety of projects from late phase Research through worldwide development and registration. Dr. Goldstein received her Ph.D. from Michigan State University.

"Lycera's innovative technology platforms and novel approach to developing selective oral immunomodulators position the company to have significant impact on high unmet need autoimmune diseases. We are grateful for the continued support from our investors and truly value their ongoing leadership and expertise as we continue to advance our strategy," said Bill Sibold, president and chief executive officer at Lycera. "I am delighted to welcome Robin to our outstanding team and believe her deep development experience will prove a valuable addition to Lycera as we rapidly approach the clinic."

Dr. Gary D. Glick, Lycera's founder and chief scientific officer, added, "Lycera's tremendous progress is the direct result of the company's unparalleled scientific team and biological insights in the immunology and inflammation arenas, which are the foundation of the company."

SOURCE Lycera Corp.