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Principia Biopharma Secures $12.5M Second Tranche In Series A Financing, Expands Senior Management Team
Date:10/29/2012

SO). Dr. Funk has nearly 20 years of experience in biomedical research and management and joined Principia from Merck Serono, Merck KGaA where he was Senior Vice President of R&D and Global Head of the Therapeutic Area Oncology. Dr. Funk led the advancement of Merck Serono's oncology portfolio and successfully built a dynamic organization in Boston and Darmstadt, Germany, focusing on small molecule and biologics discovery in the fields of cancer and cancer immunotherapy.  Dr. Funk has brought more than ten novel drug candidates into clinical development and contributed to the approval of Erbitux® in various indications in Europe.

Earlier in his career Dr. Funk worked in academia for ten years at UCSF, the Fred Hutchinson Cancer Research Center, and the Universities of Erlangen and Munich in research and clinical positions.  Dr. Funk received his medical and scientific training at Stanford University, the University of Edinburgh and the University of Lubeck, where he graduated with an M.D. Dr. Funk has co-authored numerous scientific articles in international peer-reviewed journals and is board certified in dermatology.

Martin Babler continued, "As the company expands and advances its portfolio, Jens Oliver brings significant translational experience both in oncology and autoimmune diseases to the company and will contribute to advancing the programs into the clinic as well as prioritizing the assets from a technical and clinical viewpoint. His experience in R&D and as a clinician make him uniquely qualified to help the company maximize opportunities with its broad portfolio of autoimmune and oncology programs."

"Principia Biopharma has made remarkable progress since its initial funding in 2011," stated Dr. Funk.  "I look forward to working with the team to further develop the platform and drive our lead programs towards clinical trials.  It's truly an exciting time to join the company."

About Principia Bi
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SOURCE Principia Biopharma, Inc.
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