DURHAM, N.C., Sept. 30, 2019 (GLOBE NEWSWIRE) -- Precision BioSciences, Inc. (Nasdaq: DTIL), a genome editing company dedicated to improving life through the application of its pioneering, proprietary ARCUS® platform, announced today the appointment of Nicholas Riddle, MB, BChir (MD), PhD, as Vice President, Financial Strategy and Investor Relations. Dr. Riddle joins Precision from J.P. Morgan where he was an Executive Director in the global healthcare investment banking group.
“We are delighted to welcome Nick to Precision to help lead our financial strategy, capital markets and investor engagement activities,” commented Matt Kane, Chief Executive Officer and Co-Founder of Precision BioSciences. “Nick played an important role in our successful IPO earlier this year as a financial advisor to Precision, and we expect his combination of extensive capital markets and corporate finance experience together with his medical scientific background will be a significant asset as we continue to grow as a public company.”
“Having worked closely with Precision in an advisory capacity, I am thrilled to now be part of the team,” commented Dr. Riddle. “Precision’s unique ARCUS technology platform, extensive and rapidly advancing portfolio of therapeutic and food product candidates, and dedicated, pioneering team are special and unique. I am looking forward to helping Precision continue its impressive pace of growth and bring innovative and life-changing therapeutics and food products to patients and consumers.”
Prior to joining Precision, Dr. Riddle spent over a decade working in corporate finance and strategy, investment banking and the capital markets. He was most recently an Executive Director in J.P. Morgan’s healthcare investment banking group where he had broad coverage responsibilities across the global biotechnology and pharmaceutical industries. In this capacity, he helped raise over $10 billion of equity and debt capital for his clients and advised on more than $40 billion of M&A transactions. Earlier in his career Dr. Riddle gained experience as a public market equity analyst at York Capital Management in London. He holds a medical degree and PhD in neurophysiology from Cambridge University.
About Precision BioSciences
Precision BioSciences is dedicated to improving life (DTIL) through its proprietary genome editing platform, “ARCUS.” Precision leverages ARCUS in the development of its product candidates, which are designed to treat human diseases and create healthy and sustainable food and agriculture solutions. Precision is actively developing product candidates in three innovative areas: allogeneic CAR T immunotherapy, in vivo gene correction, and food. For more information regarding Precision, please visit www.precisionbiosciences.com.
