Privately-held Finland-based Valo Therapeutics (ValoTx), an immunotherapy company developing novel, adaptable treatments for cancer, today announced the appointment of Marcella Origgi as its chief executive (CEO) of its Helsinki headquarters and Naples, Italy, subsidiary.
Ms Origgi joins from Johnson & Johnson (NYSE: JNJ) Innovation unit and is an accomplished leader with extensive experience in immuno-oncology, precision medicine, and advanced therapy medicinal products (ATMPs).
Ms Origgi’s appointment, based in Italy, comes at a pivotal time for ValoTx, following its recent 19 million euros ($20.6 million) financing round supported by leading Italian and Australian investors. The financing will enable the completion of a Phase Ib clinical trial of its lead tumor antigen-coated oncolytic virus candidate, PeptiCRAd-1, in Germany, Italy and Australia.
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