Exhibit 99.1
![LOGO](https://capedge.com/proxy/8-K/0001193125-24-100072/g824543g0417115305740.jpg)
Vir Biotechnology Announces Nomination of Norbert Bischofberger, Ph.D. and Ramy
Farid, Ph.D. to its Board of Directors
SAN FRANCISCO, April 18, 2024 – Vir Biotechnology, Inc. (“Vir” or “the Company”, Nasdaq: VIR) today announced the nomination of Norbert Bischofberger, Ph.D. and Ramy Farid, Ph.D. to its Board of Directors (the “Board”) at its upcoming annual meeting of stockholders on May 29, 2024 (the “Annual Meeting”). If elected, each of Drs. Bischofberger and Farid will join the Board on such date.
The nomination of the two new independent directors demonstrates Vir’s commitment to ongoing Board refreshment. Drs. Bischofberger and Farid bring extensive mid-to-late-stage clinical development and computational/data sciences expertise, respectively. Dr. Bischofberger, during his career, has overseen the development and approval of more than 25 medicines, and Dr. Farid currently leads one of the world’s foremost companies applying advanced computational methods to the discovery and development of breakthrough therapies.
Marianne De Backer, M.Sc., Ph.D., MBA, Vir’s Chief Executive Officer, said: “We are incredibly excited about the prospect of adding such highly talented directors in Norbert and Ramy to the Board. These are individuals who we expect will incorporate their tremendous expertise towards our discovery and clinical development programs, focused on infectious disease, viral-associated diseases and immune targeting with an end goal to help patients globally.”
The Company also announced that Phillip Sharp, Ph.D. and Robert Perez will not stand for reelection at the Annual Meeting. “The Board is deeply appreciative of the service of founding directors Phil and Rob for their long-time contributions to the Company. It has been an adventure and such a pleasure to work alongside them,” said Vicki Sato, Ph.D., Chairman of the Board. “We look forward to having Norbert and Ramy provide their scientific and strategic acumen to Vir, and to our very accomplished Board.”
Norbert Bischofberger, Ph.D., brings close to 40 years of experience as a biotech executive and in research and development leadership roles to the industry. He is currently President and Chief Executive Officer, and a member of the Board of Directors, of Kronos Bio, Inc., a clinical-stage company dedicated to the discovery and development of therapeutics that target the deregulated transcription that causes cancer and other serious diseases. Prior to joining Kronos, he was Executive Vice President, Research and Development and Chief Scientific Officer at Gilead Sciences, Inc., which he joined in 1990 as Director of Chemistry after having worked as a
1