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CAMBRIDGE, Mass., July 25, 2019 (GLOBE NEWSWIRE) -- Rubius Therapeutics, Inc. (Nasdaq:), a clinical-stage biopharmaceutical company that is generating red blood cells and bioengineering them into an entirely new class of cellular medicines, today announced the appointment of Kris Elverum as senior vice president of business development and strategy. In his role, Kris will be responsible for developing the Company鈥檚 corporate strategy and creating and executing new business development opportunities.

鈥淎s we continue to advance our promising pipeline of Red Cell Therapeutics鈩� for the potential treatment of rare diseases, cancer and autoimmune diseases, our corporate growth strategy is a crucial part of bringing our new treatment options to patients worldwide,鈥� said Pablo J. Cagnoni, M.D., chief executive officer. 鈥淜ris brings extensive experience in business development, sales and marketing, and global strategy, and we are pleased to have him join the leadership team at Rubius.鈥�

Kris joins Rubius from Turnstone Biologics, where he led the negotiation of the largest strategic partnership in the oncolytic virus field and in-licensed multiple technologies. Prior to Turnstone, Kris was with SQZ Biotech and played an integral role negotiating a pharmaceutical research partnership. Earlier in his career, Kris worked at Novartis, where he held roles in CAR-T cell therapy launch planning, neuroscience sales and marketing, and Sandoz global strategy and market intelligence. Kris began his career at McKinsey & Co., earned an M.B.A. and a B.S. from the University of Minnesota鈥檚 Carlson School of Management, and recently published a review in Nature on commercializing cell and gene therapies.

鈥淩ubius Therapeutics鈥� RED PLATFORM庐 has the potential to transform the treatment of a number of diseases and establishing innovative partnerships will help to deliver these therapies to more patients in need,鈥� said Kris Elverum, senior vice president of business development and strategy. 鈥淚鈥檓 excited to join at such an important inflection point as Rubius advances its first Red Cell Therapeutic, which is for the potential treatment of phenylketonuria.鈥�

With Kris鈥� appointment, Nathan Dowden, formerly senior vice president of strategy and corporate development at Rubius Therapeutics, will be departing the organization following a transitional period.

鈥淒uring Nate鈥檚 time at Rubius, he was instrumental in building the business development and strategy organization,鈥� continued Dr. Cagnoni. 鈥淲e thank him for his many contributions and wish him well on his next endeavor.鈥�

About Rubius Therapeutics

Rubius Therapeutics is a clinical-stage biopharmaceutical company developing a new class of medicines called Red Cell Therapeutics鈩�. The Company鈥檚 proprietary RED PLATFORM庐 was designed to genetically engineer and culture Red Cell Therapeutics鈩� that are selective, potent and off-the-shelf allogeneic cellular therapies for the potential treatment of several diseases across multiple therapeutic areas. Rubius鈥� initial focus is to advance RCT鈩� product candidates for the treatment of rare diseases, cancer and autoimmune diseases by leveraging three distinct therapeutic modalities 鈥� cellular shielding, potent cell-cell interaction and tolerance induction. For more information, visit , or follow us on and .

Forward-Looking Statements

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