MARKET WIRE NEWS

Compugen Announces the Appointment of Michele Holcomb, Ph.D., to its Board of Directors

MWN-AI** Summary

Compugen Ltd. (Nasdaq: CGEN), a clinical-stage cancer immunotherapy company, has announced the appointment of Dr. Michele Holcomb to its Board of Directors, effective February 11, 2026. Dr. Holcomb brings over three decades of experience in biotech, pharmaceuticals, and healthcare services, positioning her as a valuable addition to the board.

Anat Cohen-Dayag, Ph.D., Executive Chair of Compugen, expressed enthusiasm about Dr. Holcomb's appointment, highlighting her extensive strategic insights and corporate development expertise. He noted her capability to guide organizations through pivotal innovation moments, which is essential as Compugen stands on the cusp of several significant clinical opportunities in 2026. These include promising first-in-class clinical programs and strong pharmaceutical partnerships.

Dr. Holcomb's previous roles include serving as Executive Vice President and Chief Strategy and Business Development Officer at Cardinal Health, where she defined strategies and optimized portfolios to spur growth. She also held key positions at Teva Pharmaceuticals and spent 15 years at McKinsey & Company, focusing on pharmaceutical and biotech sectors. Her board memberships at various organizations underscore her broad industry perspective.

In her statement regarding her appointment, Dr. Holcomb expressed her excitement about joining Compugen, a company renowned for its innovative cancer treatment programs. She emphasized the importance of scientific innovation and strategic focus in creating sustainable value and looks forward to collaborating with the board and management.

Compugen utilizes AI/ML capabilities through its Unigen™ platform to identify drug targets for immunotherapy development. With ongoing clinical programs targeting TIGIT and other pathways, the addition of Dr. Holcomb is expected to strengthen the company’s mission in advancing cancer therapeutics while enhancing shareholder value.

MWN-AI** Analysis

Compugen Ltd. (Nasdaq: CGEN) recently enhanced its Board of Directors with the appointment of Dr. Michele Holcomb, a seasoned leader with over 30 years of experience in the biotech and pharmaceutical sectors. Her extensive background, including roles at Cardinal Health and Teva Pharmaceuticals, positions her as an asset in navigating strategic growth and operational efficiency. This addition reflects Compugen's commitment to bolstering its leadership as it progresses with its clinical programs and collaborations.

Dr. Holcomb's track record in managing complex portfolios and partnerships aligns well with Compugen's ongoing initiatives, especially as it continues to develop innovative cancer immunotherapies. The company is at a pivotal moment, entering 2026 with promising clinical programs including its Fc-reduced anti-TIGIT antibody, COM902, currently in Phase 1 trials, and the Phase 3 bispecific antibody candidate, rilvegostomig, developed in collaboration with AstraZeneca. These advancements underscore Compugen's potential to generate significant shareholder value.

Investors should closely monitor Compugen’s trajectory as it leverages Dr. Holcomb’s expertise to optimize its strategic direction. The company’s focus on AI and computational drug discovery presents substantial growth prospects, particularly as the demand for innovative cancer therapies escalates. While the inherent risks in clinical development remain, the strength of partnerships and advancement of pipeline products provide a compelling investment narrative.

However, caution is warranted. The biotech sector is notably volatile, and Compugen's success hinges on the outcomes of its clinical trials and ability to forge effective collaborations. Investors considering Compugen should conduct thorough due diligence, assessing both the promising advancements in its pipeline and the broader market conditions impacting biotech investments. A balanced approach that accounts for both the opportunities and risks will be crucial for making informed investment decisions.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

PR Newswire

HOLON, Israel, Feb. 12, 2026 /PRNewswire/ -- Compugen Ltd. (Nasdaq: CGEN) (TASE: CGEN), a clinical-stage cancer immunotherapy company and a pioneer in computational drug target discovery powered by AI/ML, today announced the appointment of Michele Holcomb, Ph.D., as a new independent director, effective February 11, 2026.

"On behalf of Compugen's Board of Directors, I am delighted to welcome Michele to the Board," said Anat Cohen-Dayag, Ph.D., Executive Chair, Compugen. "Michele brings more than three decades of experience spanning the biotech, pharmaceuticals and healthcare services industries. Her unique blend of strategic insights, corporate development, innovation and firsthand operational experience across multiple executive roles makes her an exceptional addition to Compugen. Coupled with her service on both public and private boards, Michele's broad industry perspective, and ability to guide organizations through value-creating inflection points will meaningfully strengthen the board."

"As Compugen enters 2026 from a position of financial strength, with multiple potential first–in–class clinical programs, two validating pharma partnerships and a differentiated computational discovery engine, we believe that Michele's breadth of expertise will be instrumental, together with the rest of the Board of Directors, in helping us convert these opportunities into long-term value for patients and shareholders," added Dr. Cohen-Dayag.

"I am honored to join the Board of Directors of Compugen, which has repeatedly demonstrated its ability to generate and advance differentiated programs for the treatment of cancer," said Dr. Michele Holcomb. "The combination of scientific innovation, strategic focus and a disciplined approach to partnering creates a compelling platform for sustained value creation. I look forward to working with the board and management team at Compugen to contribute to the Company's continued success."

Dr. Holcomb is a strategic leader with more than 30 years of healthcare experience across biotech, pharmaceuticals, and healthcare services industries. She serves on both public and private boards, and has been a scientist, consultant, and executive, driving change through innovation and optimization at key interfaces. In her previous role as EVP, Chief Strategy and Business Development Officer at Cardinal Health, Dr. Holcomb leveraged an enterprise perspective and knowledge of the evolving healthcare landscape to define strategies, optimize the portfolio, and identify growth and innovation opportunities. She also led the execution and integration of investments, acquisitions, and partnerships. Prior to Cardinal Health, Dr. Holcomb was the Chief Operating Officer of Global R&D and SVP of Strategy, Portfolio, Search and Partnerships at Teva Pharmaceuticals. At Teva, her responsibilities included identifying and evaluating potential pipeline assets to license or acquire, project management of the internal pipeline, alliance management of external partnerships and overall pipeline portfolio management. She also spent 15 years at McKinsey & Company and was a Partner of the Global Pharmaceutical Practice and one of the founders of the firm's work in biotech. Dr. Holcomb is a member of the Board of Directors of PureTech Health plc where she is also a member of the Audit Committee and the Transaction Committee. She is a member of the Board of Directors of Kimball Electronics, Inc., where she also chairs the Nominating and ESG (NESG) Committee. She also serves as a Board Director for Controlant hf (private). Dr. Holcomb is a member of the editorial advisory board of Pharmaceutical Executive and has lectured on healthcare strategy at Kellogg (Northwestern), Columbia, and Fuqua (Duke) business schools. Dr. Holcomb received a BS in chemistry from Stanford University and a PhD in chemistry from the University of California, Berkeley, and previously worked as an R&D chemist at Ciba-Geigy and Syntex Pharmaceuticals.

About Compugen

Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable AI/ML powered computational discovery platform (Unigen) to identify novel drug targets and biological pathways for developing cancer immunotherapies. Compugen has two differentiated Fc-reduced programs targeting TIGIT: COM902, a fully owned Fc-reduced high affinity anti-TIGIT antibody in Phase 1 development and rilvegostomig, an Fc-reduced PD-1/TIGIT bispecific antibody in Phase 3 development by AstraZeneca through a license agreement for the development of bispecific and multispecific antibodies. The TIGIT component of rilvegostomig is derived from COM902. In Phase 1 development Compugen has COM701, a potential first-in-class anti-PVRIG Fc-reduced antibody and GS-0321 (previously COM503), a potential first-in-class, high affinity anti-IL-18 binding protein antibody, licensed to Gilead. In addition, the Company's therapeutic pipeline of early-stage immuno-oncology programs consists of research programs aiming to address new mechanisms to activate the immune system against cancer. Compugen's shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.

Forward-Looking Statement

This press release contains "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of Compugen. Forward-looking statements can be identified using terminology such as "will," "may," "expects," "anticipates," "believes," "potential," "plan," "goal," "estimate," "likely," "should," "confident," and "intends," and similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements regarding Compugen's position of financial strength, statements regarding the potential of our first–in–class clinical programs and pharma partnerships; statements regarding the potential of our differentiated computational discovery engine; and statements regarding our ability to convert these opportunities into long-term value for patients and shareholders. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance, or achievements of Compugen to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Among these risks: clinical development involves a lengthy and expensive process, with an uncertain outcome and we may encounter substantial delays or even an inability to begin clinical trials for any specific product or may not be able to conduct or complete our trials on the timelines we expect; the clinical trials of any product candidates that Compugen, or any current or future collaborators, may develop may fail to satisfactorily demonstrate safety and efficacy to the FDA, and Compugen, or any collaborators, may incur additional costs or experience delays in completing, or ultimately be unable to complete, the development and commercialization of these product candidates; Compugen's business model is substantially dependent on entering into collaboration agreements with third parties and Compugen may not be successful in generating adequate revenues or commercializing aspects of its business model; Compugen's approach to the discovery of therapeutic products is based on its proprietary computational target discovery infrastructure, which is unproven clinically; general market, political and economic conditions in the countries in which Compugen operates, including Israel; the effect of the evolving nature of the recent war in Israel; and Compugen does not know whether it will be able to discover and develop additional potential product candidates or products of commercial value. These risks and other risks are more fully discussed in the "Risk Factors" section of Compugen's most recent Annual Report on Form 20-F as filed with the Securities and Exchange Commission (SEC) as well as other documents that may be subsequently filed by Compugen from time to time with the SEC. In addition, any forward-looking statements represent Compugen's views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. Compugen does not assume any obligation to update any forward-looking statements unless required by law.

Company Contact:
Investor relations
Email: ir@cgen.com
Tel: +1 (628) 241-0071 

 

SOURCE Compugen Ltd.

FAQ**

How does Michele Holcomb's extensive experience in biotech and pharmaceuticals position her to contribute to Compugen Ltd. CGEN's goals, particularly in the context of their planned clinical programs and partnerships?

Michele Holcomb's extensive experience in biotech and pharmaceuticals equips her with the strategic insight and network necessary to advance Compugen Ltd.'s clinical programs and partnerships, enhancing their potential for innovation and commercial success.

What specific strategic insights and operational experiences from Michele Holcomb's previous roles could enhance Compugen Ltd. CGEN’s approach to value-creating opportunities in cancer immunotherapy?

Michele Holcomb's expertise in strategic partnerships and operational excellence in biotech, along with her successful track record in advancing immuno-oncology pipelines, could significantly enhance Compugen Ltd. CGEN’s approach to identifying and capitalizing on value-creating opportunities in cancer immunotherapy.

In what ways can Michele Holcomb's expertise in portfolio management and integration of partnerships influence Compugen Ltd. CGEN's competitive advantage in the biotechnology market?

Michele Holcomb's expertise in portfolio management and strategic partnerships can enhance Compugen Ltd. (CGEN)'s competitive advantage by optimizing resource allocation, fostering innovation, and accelerating drug development through synergistic collaborations.

Given the current landscape for biotech companies, how does Compugen Ltd. CGEN plan to leverage Dr. Holcomb's leadership to navigate potential challenges in clinical development and regulatory approvals?

Compugen Ltd. plans to leverage Dr. Holcomb's leadership by utilizing his expertise to streamline clinical development processes and enhance regulatory strategies, thereby addressing potential challenges and optimizing the pathway for their innovative therapies.

**MWN-AI FAQ is based on asking OpenAI questions about Compugen Ltd. (NASDAQ: CGEN).

Compugen Ltd.

NASDAQ: CGEN

CGEN Trading

3.87% G/L:

$2.145 Last:

131,178 Volume:

$2.05 Open:

mwn-app Ad 300

CGEN Latest News

CGEN Stock Data

$165,050,413
90,614,080
N/A
90
N/A
Biotechnology & Life Sciences
Healthcare
IL
Holon

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App