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Dr. Seth Rudnick Joins G1 Therapeutics as Executive Chairman
Date:1/7/2014

CHAPEL HILL, N.C., Jan. 7, 2014 /PRNewswire/ -- G1 Therapeutics, Inc. today announced that it has named Seth Rudnick, M.D. as executive chairman of its board of directors, effective immediately. Dr. Rudnick has been serving as the chair of G1's Scientific Advisory Board for the past year and will continue in this role with the company.

Dr. Rudnick brings to G1 extensive expertise in oncology, drug discovery and development, and healthcare investments. He is recently retired from Canaan Partners, where he built the global venture capital firm's capability in biopharmaceutical investing. Prior to Canaan, he was the chief executive officer and chairman of CytoTherapeutics, a developer of cell therapies to combat chronic diseases. He also helped start and led research and development for Ortho Biotech, a division of Johnson & Johnson. Many of the products Dr. Rudnick was instrumental in developing there are still generating significant revenues today. Earlier in his career, Dr. Rudnick worked at Schering-Plough and directed pharmaceutical development efforts at Biogen.

"G1 Therapeutics is fortunate that Seth, with his tremendous background in hematopoiesis and oncology research and development, will take a hands-on leadership role as our lead product candidate moves toward IND status in the second half of 2014," said Christy Shaffer, Ph.D., former executive chair of G1 Therapeutics' board of directors and managing director of Hatteras Discovery, Hatteras Venture Partners. "Seth's proven track record as an innovative leader in the oncology space will help ensure the successful execution of G1's clinical development plans."

"I'm delighted to be joining G1 at such a transformational time for the company," said Dr. Rudnick. "Since I started working with Dr. Ned Sharpless about four years ago, I've been
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SOURCE G1 Therapeutics, Inc.
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