November 30, 2022

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AskBio CEO and Co-Founder Sheila Mikhail receives 2022 Entrepreneurial Award from University of Chicago Booth School of Business

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Prestigious recognition for excellent professional achievement in the formation of a thriving organization awarded to Booth University of Business enterprise Alumni

Analysis TRIANGLE PARK, N.C., June 3, 2022 /PRNewswire/ — Asklepios BioPharmaceutical, Inc. (AskBio), an independently operated subsidiary of Bayer AG, currently declared that CEO and Co-Founder Sheila Mikhail was identified by the University of Chicago Booth University of Company for superb expert accomplishment between its alumni. As a 1993 finance MBA graduate with honors, Ms. Mikhail has been acknowledged with the 2022 Entrepreneurial Award.

“This award is greatly significant as the Booth School of Small business is one particular of the nation’s top ranked business enterprise universities,” mentioned AskBio Co-Founder and CEO Sheila Mikhail. “The award is a reflection of the achievements that could not be probable without having the guidance of a planet-course staff at AskBio as we proceed to advance our analysis, clinical candidates and producing abilities.”

Ms. Mikhail attained a JD with honors from Northwestern University, a finance MBA with honors from the University of Chicago, and a BS with best honors from the College of Illinois at Urbana-Champaign. She co-established AskBio in 2001 with Dr. R. Jude Samulski, who is regarded as a person of the major pioneers for AAV gene therapy know-how.  Because co-founding AskBio, and beneath the management of Ms. Mikhail, the business, which includes its manufacturing facilities, has developed to hire about 700 biotech specialists operating in 5 international locations.

Eighteen months soon after closing a collection A funding round of $235 million in April 2019, Ms. Mikhail orchestrated a $4 billion acquisition by Bayer AG in October 2020.  Under Ms. Mikhail’s leadership, AskBio is flourishing with an expansive gene remedy technology toolbox, 3 state-of-the-art production services in San Sebastian Spain and a sturdy therapeutic pipeline, all at various scientific stages, to handle Pompe Disease, Limbe Girdle Muscular Dystrophy, Multiple Process Atrophy, Congestive Coronary heart Failure, Huntington’s Condition, and Parkinson’s Illness.

“In my perspective, Sheila is 1 of the most accomplished Biotech executives in the sector,” commented Dr. Samulski, AskBio’s Co-Founder and Chief Scientific Officer. “The recognition by College of Chicago Booth College of Small business is a testament of her unparalleled organization acumen put together with her considerable command of genetic science”

The Distinguished Alumni awards are only obtainable to graduates of Chicago Booth. The Entrepreneurial Award is supplied to a particular person who has shown specialist accomplishment of the optimum caliber in the management and development of a effective organization and is recognition by colleagues and peers for remarkable leadership and administrative qualities.

About AskBio

Asklepios BioPharmaceutical, Inc. (AskBio), a wholly owned and independently operated subsidiary of Bayer AG acquired in 2020, is a absolutely integrated gene therapy enterprise focused to establishing everyday living-conserving medications that remedy genetic ailments. The company maintains a portfolio of medical applications throughout a range of neuromuscular, central anxious technique, cardiovascular and metabolic sickness indications with a medical-phase pipeline that consists of therapeutics for Pompe disease, Parkinson’s illness, and congestive coronary heart failure. AskBio’s gene therapy system involves Pro10™, an field-top proprietary cell line producing method, and an in depth capsid and promoter library. With world headquarters in Exploration Triangle Park, North Carolina, and European headquarters in Edinburgh, United kingdom, the organization has created hundreds of proprietary capsids and promoters, numerous of which have entered medical screening. Launched in 2001 and an early innovator in the gene remedy area, the organization holds a lot more than 750 patents in locations this sort of as AAV manufacturing and chimeric and self-complementary capsids. Learn much more at www.askbio.com or follow us on LinkedIn

About Bayer

Bayer is a international business with core competencies in the lifetime science fields of overall health care and diet. Its products and solutions and services are built to assist persons and the earth prosper by supporting endeavours to learn the major worries offered by a rising and growing older international populace. Bayer is fully commited to driving sustainable development and generating a beneficial impact with its enterprises. At the exact same time, the Team aims to improve its earning power and produce worth by innovation and progress. The Bayer manufacturer stands for have faith in, reliability, and top quality in the course of the world. In fiscal 2021, the Group employed all over 100,000 individuals and experienced revenue of 44.1 billion euros. R&D fees right before exclusive things amounted to 5.3 billion euros. For additional information, visit www.bayer.com

AskBio Ahead-On the lookout Statements

This push release incorporates “ahead-searching statements.” Any statements contained in this push release that are not statements of historical simple fact might be deemed to be forward-seeking statements. Phrases this sort of as “believes,” “anticipates,” “programs,” “expects,” “will,” “intends,” “opportunity,” “achievable” and similar expressions are intended to establish forward-seeking statements. These ahead-on the lookout statements include devoid of limitation statements relating to AskBio’s pipeline of development candidates, manufacturing technologies and procedure. These ahead-searching statements require risks and uncertainties, lots of of which are further than AskBio’s command. Acknowledged hazards consist of, between others: AskBio may perhaps not be capable to execute on its organization options and goals, which include meeting its envisioned or planned regulatory milestones and timelines, its reliance on third-events, scientific progress programs, manufacturing procedures and strategies, and bringing its merchandise candidates to sector, due to a selection of good reasons, like the ongoing COVID-19 pandemic, probable restrictions of organization economic and other means, production restrictions that may not be anticipated or fixed in a timely method, potential disagreements or other issues with our third-occasion collaborators and associates, and regulatory, court or company suggestions or conclusions, such as opinions and selections from the United States Foods and Drug Administration or the United States Patent and Trademark Business. Any of the foregoing pitfalls could materially and adversely have an affect on AskBio’s company and effects of operations. You really should not location undue reliance on the ahead-seeking statements contained in this push launch. AskBio does not undertake any obligation to publicly update its forward-hunting statements based mostly on gatherings or situation after the date hereof. 

Asklepios BioPharmaceutical, Inc. (PRNewsfoto/Asklepios BioPharmaceutical, Inc.)

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