{"id":797433,"date":"2025-01-02T08:05:31","date_gmt":"2025-01-02T13:05:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/"},"modified":"2025-01-02T08:05:31","modified_gmt":"2025-01-02T13:05:31","slug":"caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/","title":{"rendered":"Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">BERKELEY, Calif., Jan.  02, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=d71FrZW-L0sozocMc6Zq5_-ewG_NoqKhgktcQ8YK1Gn8z5AHnyAZ-CIvzqvzEwa470b0_ckWCplrgznBfN-rRYUYQSZepjgL_MrokQSslxk9UUhWmt3gT3MfTRpyrk7QDydXaHuNDAQ6xVKMfj4I_z38qDYDVuVP-Scs3x_EpJtr3ml6KeagUJySfrfvc6ZHRXhb120jXwkucR-ekRgSujmuv0RgKzF7WYyA50DKaZN024O6_76gV5WMMrpVDSEcUVapCjZuzNLiPEIs8ZHZIg==\" rel=\"nofollow\" target=\"_blank\">Caribou Biosciences, Inc.<\/a>\u00a0(Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today announced the appointment of Sri Ryali as chief financial officer, effective immediately. Mr. Ryali brings 20 years of finance and commercial experience in the biopharmaceutical industry to his role, and he will be responsible for the strategic leadership of the corporate finance, investor relations, and corporate communications functions. He will report to Rachel Haurwitz, PhD, Caribou\u2019s president and chief executive officer.<\/p>\n<p>\u201cI am excited to welcome Sri to Caribou at the beginning of this pivotal year for our organization as we advance four clinical-stage programs for hematologic malignancies and autoimmune diseases and plan to disclose multiple datasets in 2025,\u201d said Dr. Haurwitz. \u201cSri\u2019s leadership experience at biopharmaceutical companies across all stages of drug development and commercialization will be valuable as we execute on our plans and prepare for the next steps for our programs.\u201d<\/p>\n<p>Most recently, Mr. Ryali served as the chief financial officer of Codexis, Inc., a publicly traded enzyme engineering company. Previously, he served as chief financial officer of Eiger BioPharmaceuticals, Inc., then a publicly traded, commercial-stage company. Previously at Aimmune Therapeutics, Inc., Mr. Ryali held roles of increasing responsibility, most recently as vice president of finance. Earlier in his career, he worked at Onyx Pharmaceuticals, Inc. and Amgen Inc. in finance-related positions of increasing responsibility. Mr. Ryali earned an MBA from the UCLA Anderson School of Management and a BA from the University of California, Los Angeles, with a double major in economics and microbiology, immunology, and molecular genetics.<\/p>\n<p>\u201cCaribou\u2019s leadership in developing CRISPR genome-edited cell therapies and the current momentum across the pipeline continue to stand out in the biotech landscape,\u201d said Mr. Ryali. \u201cI look forward to working closely with teams across this mission-driven organization as we focus on delivering off-the-shelf CAR-T cell therapies to patients with devastating diseases who need readily available and more broadly accessible treatment options.\u201d<\/p>\n<p>A photo accompanying this announcement is available at\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_MBff8d37ec5x8DN4cON-zQFvI87mmgPkXBJJlJMKmu-FCFTRAoFl51vkK59KL_KTkocueDYz81_kOo-_L4x3qAFnSaMZKk9gpt236RU0hZCkODXfn2mMsivl1cxaowSSNKVIx71SSzjY-jrfMYgnXodq3wEVXMLcWdJHqkAG2Y791YodeHt6j0DBUsdWJvRiV_m_KjbKkwFSeRKQl2D4EoxAPc55FGB4cn4bjyXoGRf1E30akqbeHkT3pCLvcNYbL0uJrXXaY-GuCrIaTwXEQ==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/8d7c3f3b-b81a-4d70-81b9-76bd2fe84c9f<\/a><\/p>\n<p>\n        \n      <\/p>\n<p>\n        <strong>About Caribou\u2019s novel next-generation CRISPR platform<\/strong><br \/>\n        <br \/>CRISPR genome editing uses easily designed, modular biological tools to make DNA changes in living cells. There are two basic components of Class 2 CRISPR systems: the nuclease protein that cuts DNA and the RNA molecule(s) that guide the nuclease to generate a site-specific, double-stranded break, leading to an edit at the targeted genomic site. CRISPR systems are capable of editing unintended genomic sites, known as off-target editing, which may lead to harmful effects on cellular function and phenotype. In response to this challenge, Caribou has developed CRISPR hybrid RNA-DNA guides (chRDNAs; pronounced \u201cchardonnays\u201d) that direct substantially more precise genome editing compared to all-RNA guides. Caribou is deploying the power of its Cas12a chRDNA technology to carry out high efficiency multiple edits, including multiplex gene insertions, to develop CRISPR-edited therapies.<\/p>\n<p>\n        <strong>About Caribou Biosciences, Inc.<\/strong><br \/>\n        <br \/>Caribou Biosciences is a clinical-stage CRISPR genome-editing biopharmaceutical company dedicated to developing transformative therapies for patients with devastating diseases. The company\u2019s genome-editing platform, including its Cas12a chRDNA technology, enables superior precision to develop cell therapies that are armored to potentially improve activity against disease. Caribou is advancing a pipeline of off-the-shelf cell therapies from its CAR-T platform as readily available treatments for patients with hematologic malignancies and autoimmune diseases. Follow us @CaribouBio and visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=t7XWeIsBhXlbMxxn3Uf_5kfvL4FE8BvozDNrZdlIautM-nYZhA3T23Y9nxhRqq3TskHWhqAzk8MdzhmcH2fVWp7sX70lJ2sS86WU0UIJFAo=\" rel=\"nofollow\" target=\"_blank\">www.cariboubio.com<\/a>.<\/p>\n<p>\n        <strong>Forward-looking statements <\/strong><br \/>\n        <br \/>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201ccould,\u201d \u201cintend,\u201d \u201ctarget,\u201d \u201cproject,\u201d \u201ccontemplate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential,\u201d or \u201ccontinue,\u201d or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. These forward-looking statements include, without limitation, statements related to Caribou\u2019s strategy, plans, and objectives, and expectations regarding its clinical and preclinical development programs. Management believes that these forward-looking statements are reasonable as and when made. However, such forward-looking statements are subject to risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include, without limitation, risks inherent in the development of cell therapy products; uncertainties related to the initiation, cost, timing, progress, and results of Caribou\u2019s current and future research and development programs, preclinical studies, and clinical trials; and the risk that initial, preliminary, or interim clinical trial data will not ultimately be predictive of the safety and efficacy of Caribou\u2019s product candidates or that clinical outcomes may differ as patient enrollment continues and as more patient data becomes available; the risk that preclinical study results observed will not be borne out in human patients or different conclusions or considerations are reached once additional data have been received and fully evaluated; the ability to obtain key regulatory input and approvals; as well as other risk factors described from time to time in Caribou\u2019s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023 and subsequent filings. In light of the significant uncertainties in these forward-looking statements, you should not rely upon forward-looking statements as predictions of future events. Except as required by law, Caribou undertakes no obligation to update publicly any forward-looking statements for any reason.<\/p>\n<p>\n        <strong>Caribou Biosciences, Inc. Contacts:<\/strong><br \/>\n        <br \/>\n        <strong>Investors:<\/strong><br \/>\n        <br \/>Amy Figueroa, CFA<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pW9QwEiuKewpMdQjElPKzSPPkN4h2_Jzt1J6_9Wy0Pm8sjM6ooyOcrxRin2mML2uwpOFCHN8xIAq-jk3aHk7jgT85JsR_Jtl6yTr-B6IWjllAbYiSjAUbDBLcBdtxjSYB-dm2nFRiHrd3VnyZmhvgA==\" rel=\"nofollow\" target=\"_blank\">investor.relations@cariboubio.com<\/a>\u00a0<\/p>\n<p>\n        <strong>Media:<\/strong><br \/>\n        <br \/>Peggy Vorwald, PhD<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8mek-zJFayaLdgpEKOT6EUXWoGamkLfjxfdZrDn4XV_TkbmJf94Tu5YQYfAo4Wno25eiJ5Ns91_eSwG6vIN7zFkhJLrnpb1l2A56oaDWSIs=\" rel=\"nofollow\" target=\"_blank\">media@cariboubio.com<\/a>\u00a0<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNTM4NiM2Njc0Mzk1IzIyMDk1MjM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YWQwOGY0NTctMmVhZC00Y2UxLThkZjItOWIyYjIyMTM5OGE1LTEyMjEwNzY=\/tiny\/Caribou-Biosciences-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BERKELEY, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) &#8212; Caribou Biosciences, Inc.\u00a0(Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today announced the appointment of Sri Ryali as chief financial officer, effective immediately. Mr. Ryali brings 20 years of finance and commercial experience in the biopharmaceutical industry to his role, and he will be responsible for the strategic leadership of the corporate finance, investor relations, and corporate communications functions. He will report to Rachel Haurwitz, PhD, Caribou\u2019s president and chief executive officer. \u201cI am excited to welcome Sri to Caribou at the beginning of this pivotal year for our organization as we advance four clinical-stage programs for hematologic malignancies and autoimmune diseases and plan to disclose multiple datasets in 2025,\u201d said &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer&#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-797433","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer - 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\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BERKELEY, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) &#8212; Caribou Biosciences, Inc.\u00a0(Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today announced the appointment of Sri Ryali as chief financial officer, effective immediately. Mr. Ryali brings 20 years of finance and commercial experience in the biopharmaceutical industry to his role, and he will be responsible for the strategic leadership of the corporate finance, investor relations, and corporate communications functions. He will report to Rachel Haurwitz, PhD, Caribou\u2019s president and chief executive officer. \u201cI am excited to welcome Sri to Caribou at the beginning of this pivotal year for our organization as we advance four clinical-stage programs for hematologic malignancies and autoimmune diseases and plan to disclose multiple datasets in 2025,\u201d said &hellip; Continue reading &quot;Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-02T13:05:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNTM4NiM2Njc0Mzk1IzIyMDk1MjM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer\",\"datePublished\":\"2025-01-02T13:05:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\\\/\"},\"wordCount\":928,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMyNTM4NiM2Njc0Mzk1IzIyMDk1MjM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\\\/\",\"name\":\"Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer - 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Mr. Ryali brings 20 years of finance and commercial experience in the biopharmaceutical industry to his role, and he will be responsible for the strategic leadership of the corporate finance, investor relations, and corporate communications functions. He will report to Rachel Haurwitz, PhD, Caribou\u2019s president and chief executive officer. \u201cI am excited to welcome Sri to Caribou at the beginning of this pivotal year for our organization as we advance four clinical-stage programs for hematologic malignancies and autoimmune diseases and plan to disclose multiple datasets in 2025,\u201d said &hellip; Continue reading \"Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/","og_site_name":"Market Newsdesk","article_published_time":"2025-01-02T13:05:31+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNTM4NiM2Njc0Mzk1IzIyMDk1MjM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer","datePublished":"2025-01-02T13:05:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/"},"wordCount":928,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNTM4NiM2Njc0Mzk1IzIyMDk1MjM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/caribou-biosciences-appoints-sri-ryali-as-chief-financial-officer\/","name":"Caribou Biosciences Appoints Sri Ryali as Chief Financial Officer - 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