{"id":410274,"date":"2021-01-07T08:03:20","date_gmt":"2021-01-07T13:03:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410274"},"modified":"2021-01-07T08:03:20","modified_gmt":"2021-01-07T13:03:20","slug":"gbt-announces-new-employment-inducement-grants-11","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gbt-announces-new-employment-inducement-grants-11\/","title":{"rendered":"GBT Announces New Employment Inducement Grants"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">\n        <strong>SOUTH SAN FRANCISCO, Calif., Jan.  07, 2021  (GLOBE NEWSWIRE) &#8212; <\/strong>Global Blood Therapeutics, Inc.\u00a0(GBT) (NASDAQ: GBT) today announced that on\u00a0January 1, 2021, the compensation committee of GBT\u2019s board of directors granted six new employees restricted stock units for an aggregate of 27,500 shares of the company\u2019s common stock. These awards were made under GBT\u2019s Amended and Restated 2017 Inducement Equity Plan (the Plan).<\/p>\n<p>The above-described awards were each granted as an inducement material to the employees entering into employment with the company in accordance with NASDAQ Listing Rule 5635(c)(4), and were granted pursuant to the terms of the Plan. The Plan was adopted by GBT\u2019s board of directors in January 2017 and has been amended and restated from time to time.<\/p>\n<p>\n        <strong>About Global Blood Therapeutics<\/strong><br \/>\n        <br \/>Global Blood Therapeutics\u00a0(GBT) is a biopharmaceutical company dedicated to the discovery, development, and delivery of life-changing treatments that provide hope to underserved patient communities. Founded in 2011, GBT is delivering on its goal to transform the treatment and care of sickle cell disease (SCD), a lifelong, devastating inherited blood disorder. The company has introduced Oxbryta<sup>\u00ae<\/sup>\u00a0(voxelotor), the first FDA-approved treatment that directly inhibits sickle hemoglobin polymerization, the root cause of red blood cell sickling in SCD. GBT is also advancing its pipeline program in SCD with inclacumab, a P-selectin inhibitor in development to address pain crises associated with the disease, and GBT021601, the company\u2019s next generation hemoglobin S polymerization inhibitor. In addition, GBT\u2019s drug discovery teams are working on new targets to develop the next wave of treatments for SCD. To learn more, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RkGSMwhSwumwOO4eS_atesYIUQXzuE89wOuICDF-Pw37MqRBu_7dY3Yw20WbvCjo4mkhtnFshf9KnpA53pIV1Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.gbt.com<\/a>\u00a0and follow the company on Twitter\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ffBtj4WDIa1jrMycWMJClpGBVqiV0u99rY9MH0Z3X7YY1-D68iBHCEJhbBim5CrPJ3dJ8R0U7g3JD9oiXHhGIA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">@GBT_news<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Contact:<br \/><\/strong>Steven Immergut (media)<br \/>650-410-3258<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=C67fu73bBtT79dfCbBauiXL1oOmCKuaWshDQ8SWs9K5SrwdRsZCwhg_zB0oINbvdwBKJFYyR4pWMEYI6MMQK1A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">simmergut@gbt.com<\/a><\/p>\n<p>Courtney Roberts (investors)<br \/>650-351-7881<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TCJafRRcGoSl_LJzto6EdCdYF8TvdlNg8Jyt42jPkZEAB66QTyzemFPt2iAo9FhbFxxYORB_Pv9_qYt3Wa9fBg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">croberts@gbt.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMTkwOSMzOTA4MTg4IzIwMTk4OTc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/b5691999-95f7-4d3d-a41f-9de96187d9d3\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SOUTH SAN FRANCISCO, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) &#8212; Global Blood Therapeutics, Inc.\u00a0(GBT) (NASDAQ: GBT) today announced that on\u00a0January 1, 2021, the compensation committee of GBT\u2019s board of directors granted six new employees restricted stock units for an aggregate of 27,500 shares of the company\u2019s common stock. These awards were made under GBT\u2019s Amended and Restated 2017 Inducement Equity Plan (the Plan). The above-described awards were each granted as an inducement material to the employees entering into employment with the company in accordance with NASDAQ Listing Rule 5635(c)(4), and were granted pursuant to the terms of the Plan. The Plan was adopted by GBT\u2019s board of directors in January 2017 and has been amended and restated from time to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gbt-announces-new-employment-inducement-grants-11\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBT Announces New Employment Inducement Grants&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410274","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBT Announces New Employment Inducement Grants - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gbt-announces-new-employment-inducement-grants-11\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GBT Announces New Employment Inducement Grants - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SOUTH SAN FRANCISCO, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) &#8212; Global Blood Therapeutics, Inc.\u00a0(GBT) (NASDAQ: GBT) today announced that on\u00a0January 1, 2021, the compensation committee of GBT\u2019s board of directors granted six new employees restricted stock units for an aggregate of 27,500 shares of the company\u2019s common stock. These awards were made under GBT\u2019s Amended and Restated 2017 Inducement Equity Plan (the Plan). The above-described awards were each granted as an inducement material to the employees entering into employment with the company in accordance with NASDAQ Listing Rule 5635(c)(4), and were granted pursuant to the terms of the Plan. 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