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Alzheon Elects Jean-Pierre Sommadossi, PhD to Its Board

August 8, 2014

Alzheon said that it has appointed Jean-Pierre Sommadossi, PhD, to the Company's Board of Directors.

With more than 20 years of scientific, operational, strategic and management experience in the biotechnology industry, Dr. Sommadossi brings a seasoned and unique perspective to support Alzheon's continued growth and advancement as a leading clinical-stage Alzheimer's company, the Company noted in its release.

"We are privileged to expand our Board of Directors to include Dr. Sommadossi, a preeminent leader in the biotechnology industry well-known for his founding and management roles at two highly successful biotechs, Idenix and Pharmasset," said Martin Tolar, MD, PhD, Founder, President and Chief Executive Officer of Alzheon. "JP's exceptional grasp of the operational and strategic opportunities as well as challenges that face rapid growth biotechnology companies will be a tremendous asset to Alzheon as we advance our lead drug candidate ALZ-801 into a pivotal Alzheimer's study and continue to build our pipeline to become a leading innovator in therapies for neurodegenerative disorders."

Alzheon said that Dr. Sommadossi's appointment represents further expansion of the Company's Board of Directors, building on the appointment of other experienced drug developers and company leaders who joined Martin Tolar on the Alzheon board within the past year: Menghis Bairu, MD, Franklin Berger, Franz Hefti, PhD, and Scott Minick. Alzheon was founded in early 2013, and the expansion of the company's Board of Directors aligns with the advancement of ALZ-801 into a confirmatory Phase 2/3 clinical study in Alzheimer's disease patients in 2015.

"Alzheon is uniquely positioned to be a path-breaking company with the potential to bring transformational treatments to patients with Alzheimer's disease within the next five year," said Dr. Sommadossi. "I look forward to sharing my insights and experiences with the strong leadership team at Alzheon as the company advances its lead candidate, ALZ-801, as well as building other promising clinical assets in Alzheon's portfolio."

Jean-Pierre Sommadossi is the principal founder of Atea Pharmaceuticals, where he is currently Chairman and CEO. In addition, he is a member of the Harvard Medical School Therapeutics Advisory Council, a senior advisor to PureTech Ventures, Chairman of the Board of Panchrest, and a Member of the Board of the BioExecutive Institute. Dr. Sommadossi is the principal founder of Idenix Pharmaceuticals and a co-founder of Pharmasset.

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