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MacroGenics' Board of Directors Elects Paulo F. Costa as Chairman
Date:9/19/2013

aulo as the new Chair of our Board of Directors.  His proven skills in operations and commercialization are vital assets to MacroGenics."

Dr. David Stump was most recently Executive Vice President, Research and Development at Human Genome Sciences, Inc., (HGS) and joined the company in 1999. Prior to joining HGS, he held roles of increasing responsibility at Genentech, Inc., from 1989 to 1999, most recently as Vice President, Clinical Research and Genentech Fellow. Prior to joining Genentech, Dr. Stump was an Associate Professor of Medicine and Biochemistry at the University of Vermont. He earned an A.B. from Earlham College and an M.D. at Indiana University, followed by residency and fellowship training in internal medicine, hematology, oncology and biochemistry at the University of Iowa. He is currently a member of the Board of Directors of Sunesis Pharmaceuticals, Inc. and Dendreon Corp. as well as of the Board of Trustees of Earlham College.

"We welcome David to the Board of Directors of MacroGenics. His extensive leadership experience in clinical research and R&D and strong track record in the healthcare industry, make him an essential addition to the Board," said Scott Koenig.

Dr. Stump is replacing Board member Michael Steinmetz, Ph.D., Managing Director of Clarus Ventures, LLC.

"We want to thank Michael for his dedicated service and his contributions to MacroGenics' Board of Directors," added Scott Koenig. "It has been a real pleasure working with Michael over the last 13 years."

About MacroGenics, Inc.

MacroGenics is a clinical-stage biopharmaceutical company focused on discovering and developing innovative monoclonal antibody-based therapeutics for the treatment of cancer and autoimmune diseases. The company generates its pipeline of product candidates from its proprietary suite of next-ge
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SOURCE MacroGenics, Inc.
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