Exhibit 99.1
Imago BioSciences Appoints Michael Arenberg to Chief Operating and Business Officer
- Mr. Arenberg brings over 25 years of experience in the biopharmaceutical industry –
SOUTH SAN FRANCISCO, Calif. March 23, 2022 Imago BioSciences, Inc. (“Imago”) (Nasdaq: IMGO), a clinical stage biopharmaceutical company discovering new medicines for the treatment of myeloproliferative neoplasms (MPNs), today announced the appointment of Michael Arenberg to Chief Operating and Business Officer. Mr. Arenberg is a distinguished biopharmaceutical executive who will be charged with leading strategic operations, investor relations, commercial development and business development of Imago.
“I welcome Mike to Imago with great enthusiasm at this important stage of company development,” said Hugh Young Rienhoff, Jr., M.D., Chief Executive Officer of Imago BioSciences. “His extensive experience negotiating strategic collaborations and in a variety of strategic financial and operational roles will prove invaluable as we progress bomedemstat into Phase 3 clinical development and beyond.”
“I am excited to be joining Imago at this pivotal time for the company as it advances development of bomedemstat, its very promising proprietary LSD1 inhibitor,” said Mr. Arenberg. “The Company has already generated impressive clinical data for bomedemstat, demonstrating favorable clinical responses in high-risk patients suffering from essential thrombocythemia and myelofibrosis, two chronic bone marrow cancers where high-risk patients are in great need of new therapies.”
Michael Arenberg is an experienced executive with over 25 years of experience within the biopharmaceutical, healthcare and medical device industries. Prior to joining Imago, Mr. Arenberg spent 22 years at DURECT Corporation where he most recently served for the past three plus years as the company’s Chief Financial Officer. Before being appointed CFO, Mr. Arenberg held roles with increasing responsibilities including as Senior Vice President of Corporate and Business Development. His responsibilities at DURECT included negotiating and closing a number of significant strategic collaborations and transactions, overseeing all financial and capital market activities, public relations and investor relations, strategic planning, and oversight of several operational groups. Mr. Arenberg began his career as a co-founder of IntraEAR, Inc., a drug delivery medical device company, which was sold to DURECT after 5 years of operation.
Mr. Arenberg earned a law degree from University of Denver, Sturm College of Law, and an MBA from Santa Clara University.
Today, Imago also confirmed Laura G. Eichorn, previously Chief Operating Officer and Interim Chief Financial Officer, as the Chief Financial Officer of Imago. Ms. Eichorn is a co-Founder of Imago BioSciences who has more than 25 years of operational experience spanning finance, operations, human resources, and communications.