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Fate Therapeutics Adds Pratik Multani, M.D., M.S., as Vice President Clinical Development to Advance Upcoming Clinical Programs of Stem Cell Modulators
Date:5/18/2009

LA JOLLA, Calif., May 18 /PRNewswire/ -- Fate Therapeutics, Inc. announced today that it has further expanded the Company's executive team with the addition of Pratik Multani, M.D., M.S., as Vice President of Clinical Development. With more than a decade of clinical development experience, Dr. Multani will lead Fate Therapeutics' upcoming clinical trials of Stem Cell Modulators (SCMs), small molecules and biologics that guide cell fate for therapeutic purposes. SCMs can potentially be applied in many areas, including regenerative medicine, hematological diseases, metastatic cancer, traumatic injury and degenerative diseases.

"Fate Therapeutics has been singularly focused on interrogating adult stem cell and induced pluripotent stem cell biology to find small molecule and biologic drug candidates that can modulate cell fate to develop tomorrow's medicines," said Paul Grayson, President and CEO of Fate Therapeutics. "As we are rapidly preparing to advance the Company's first drug candidate into clinical trials, Dr. Multani's successful clinical development experience and distinguished medical training will be a tremendous asset to drive our clinical programs forward."

Fate Therapeutics is utilizing its adult stem cell biology engine and induced pluripotent stem (iPS) cell technology platform to develop SCMs that can direct adult stem cell proliferation and function. Adult stem cells are naturally-occurring cells found in almost all tissues or organs in the body and are primarily responsible for maintaining and repairing their native tissue. An adult stem cell has unique properties, in that it can renew itself and differentiate to become some or all of the major specialized cell types of the particular tissue or organ in which it is found. The discovery of a number of conserved mechanisms from developmental biology and tissue repair has
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SOURCE Fate Therapeutics, Inc.
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