Ascletis Pharma Inc. announced the expansion of management team with appointment of Mr. John P. Gargiulo, former North America President and CEO of Daiichi Sankyo, as Chief Business Officer. Mr. John P. Gargiulo will lead Ascletis' corporate business development and alliance management in this new role and report to Dr. Jinzi J. Wu, PhD, Founder, Chairman and CEO of Ascletis. Mr. John P. Gargiulo has over 30 years of successful experience in marketing strategies, business integration and commercial operations in global pharma/biotech industry.

He has held various senior positions with increasing responsibility for 18 years at Daiichi Sankyo, where he made a transformative contribution in driving Daiichi Sankyo's U.S. business from the very beginning to an established pharma when he served as North America President and CEO of Daiichi Sankyo. Mr. John P. Gargiulo earned an MBA Degree and graduated as Fuqua Scholar from Fuqua School of Business, Duke University. He graduated Magna cum Laude from Boston College with a Bachelor Degree of Economics.