July 5, 2022

Y M L P-298

It Must Be Business

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

5 min read

Prestigious recognition for exceptional qualified achievement in the formation of a productive organization awarded to Booth Faculty of Company Alumni

Investigate TRIANGLE PARK, N.C., June 3, 2022 /PRNewswire/ — Asklepios BioPharmaceutical, Inc. (AskBio), an independently operated subsidiary of Bayer AG, today declared that CEO and Co-Founder Sheila Mikhail was recognized by the College of Chicago Booth University of Enterprise for excellent experienced achievement between its alumni. As a 1993 finance MBA graduate with honors, Ms. Mikhail has been regarded with the 2022 Entrepreneurial Award.

“This award is greatly meaningful as the Booth University of Enterprise is one particular of the nation’s best rated company educational facilities,” said AskBio Co-Founder and CEO Sheila Mikhail. “The award is a reflection of the achievements that could not be probable without the support of a world-course team at AskBio as we go on to progress our analysis, medical candidates and producing capabilities.”

Ms. Mikhail attained a JD with honors from Northwestern University, a finance MBA with honors from the College of Chicago, and a BS with best honors from the University of Illinois at Urbana-Champaign. She co-launched AskBio in 2001 with Dr. R. Jude Samulski, who is regarded just one of the primary pioneers for AAV gene remedy know-how.  Because co-founding AskBio, and beneath the management of Ms. Mikhail, the organization, which includes its producing amenities, has developed to make use of in excess of 700 biotech professionals functioning in five countries.

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 Oct 2020.  Beneath Ms. Mikhail’s leadership, AskBio is flourishing with an expansive gene therapy technological know-how toolbox, 3 point out-of-the-artwork production services in San Sebastian Spain and a robust therapeutic pipeline, all at various scientific levels, to take care of Pompe Ailment, Limbe Girdle Muscular Dystrophy, Numerous System Atrophy, Congestive Heart Failure, Huntington’s Condition, and Parkinson’s Disease.

“In my look at, Sheila is a person of the most attained Biotech executives in the field,” commented Dr. Samulski, AskBio’s Co-Founder and Chief Scientific Officer. “The recognition by University of Chicago Booth Faculty of Business enterprise is a testament of her unparalleled enterprise acumen merged with her major command of genetic science”

The Distinguished Alumni awards are only readily available to graduates of Chicago Booth. The Entrepreneurial Award is given to a particular person who has demonstrated expert accomplishment of the best caliber in the administration and formation of a productive organization and is recognition by colleagues and peers for fantastic management and administrative abilities.

About AskBio

Asklepios BioPharmaceutical, Inc. (AskBio), a wholly owned and independently operated subsidiary of Bayer AG obtained in 2020, is a completely integrated gene therapy firm dedicated to establishing everyday living-saving medicines that remedy genetic health conditions. The company maintains a portfolio of clinical packages throughout a variety of neuromuscular, central nervous procedure, cardiovascular and metabolic illness indications with a medical-stage pipeline that features therapeutics for Pompe sickness, Parkinson’s disease, and congestive heart failure. AskBio’s gene treatment platform contains Pro10™, an industry-major proprietary cell line manufacturing system, and an comprehensive capsid and promoter library. With international headquarters in Exploration Triangle Park, North Carolina, and European headquarters in Edinburgh, United kingdom, the organization has generated hundreds of proprietary capsids and promoters, many of which have entered medical screening. Founded in 2001 and an early innovator in the gene therapy field, the company holds more than 750 patents in parts these kinds of as AAV manufacturing and chimeric and self-complementary capsids. Discover more at www.askbio.com or adhere to us on LinkedIn

About Bayer

Bayer is a world wide business with main competencies in the life science fields of health treatment and diet. Its products and solutions and companies are built to assist individuals and the world prosper by supporting attempts to grasp the significant worries offered by a increasing and aging worldwide population. Bayer is committed to driving sustainable progress and building a optimistic effects with its corporations. At the very same time, the Group aims to raise its earning electricity and develop worth through innovation and growth. The Bayer model stands for believe in, trustworthiness, and high-quality in the course of the entire world. In fiscal 2021, the Team employed all around 100,000 men and women and had gross sales of 44.1 billion euros. R&D expenses just before specific things amounted to 5.3 billion euros. For a lot more details, visit www.bayer.com

AskBio Ahead-Hunting Statements

This press release incorporates “forward-wanting statements.” Any statements contained in this push launch that are not statements of historic point might be considered to be forward-hunting statements. Text these as “believes,” “anticipates,” “strategies,” “expects,” “will,” “intends,” “opportunity,” “doable” and related expressions are supposed to detect ahead-wanting statements. These forward-looking statements incorporate without the need of limitation statements relating to AskBio’s pipeline of advancement candidates, manufacturing technology and approach. These forward-on the lookout statements require hazards and uncertainties, numerous of which are past AskBio’s handle. Recognized risks include, amongst many others: AskBio may well not be able to execute on its company strategies and aims, like meeting its predicted or prepared regulatory milestones and timelines, its reliance on third-get-togethers, medical development programs, production procedures and designs, and bringing its item candidates to sector, owing to a variety of reasons, such as the ongoing COVID-19 pandemic, probable limitations of organization monetary and other assets, manufacturing limits that may not be anticipated or solved in a timely method, potential disagreements or other issues with our 3rd-get together collaborators and companions, and regulatory, court docket or company comments or decisions, this sort of as opinions and selections from the United States Foodstuff and Drug Administration or the United States Patent and Trademark Business office. Any of the foregoing dangers could materially and adversely influence AskBio’s business and results of operations. You need to not position undue reliance on the forward-wanting statements contained in this press release. AskBio does not undertake any obligation to publicly update its ahead-on the lookout statements centered on gatherings or conditions immediately after the date hereof. 

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

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