Arcellx Appoints Michelle Gilson as Chief Financial Officer

FOSTER Town, Calif., May 23, 2022 /PRNewswire/ — Arcellx, Inc. (NASDAQ: ACLX), a biotechnology company reimagining mobile therapy by the advancement of progressive immunotherapies for sufferers with cancer and other incurable disorders, right now declared the appointment of Michelle Gilson as Main Financial Officer. Ms. Gilson joins Arcellx from Canaccord Genuity, wherever most recently she served as Taking care of Director and Senior Fairness Investigate Analyst covering biotechnology providers. Ms. Gilson will oversee the company’s finance function and will perform a critical function in general corporate system.

“Michelle’s eyesight, leadership, and working experience as a investigate analyst, which provided covering corporations in the oncology place, will be an priceless addition to the present breadth of expertise on our administration staff,” mentioned Rami Elghandour, Arcellx’s Chairman and Main Government Officer. “Michelle provides a depth of know-how in cash marketplaces and biotechnology and signifies the values we appear for in our leaders that produced her an ideal in shape for Arcellx. On behalf of our organization and Board of Administrators, we welcome Michelle to our workforce. I search forward to the impactful function I know she will enjoy as we proceed to our mission of bringing our cell therapy to current market to aid as lots of clients as feasible.”

Most not too long ago, Ms. Gilson served as a Handling Director and Senior Fairness Exploration Analyst at Canaccord Genuity, covering biotechnology companies. Prior to joining Canaccord, Ms. Gilson held biotechnology fairness analysis roles at Jefferies, LLC Instinet, LLC (Nomura Securities) Oppenheimer & Co. Inc. and Goldman Sachs. Ms. Gilson attained her B.S. in Small business Administration from the College of Southern California.

About Arcellx, Inc.

Arcellx, Inc. is a scientific-stage biotechnology corporation reimagining cell remedy by engineering impressive immunotherapies for patients with cancer and other incurable disorders. Arcellx thinks that cell therapies are one particular of the forward pillars of drugs and Arcellx’s mission is to progress humanity by creating mobile therapies that are safer, more efficient, and more broadly available. Arcellx’s direct products applicant, CART-ddBCMA, is staying made for the treatment of relapsed or refractory multiple myeloma (r/r MM) in an ongoing Section 1 analyze. CART-ddBCMA has been granted Speedy Track, Orphan Drug, and Regenerative Medication Innovative Remedy designations by the U.S. Food stuff and Drug Administration.

Arcellx is also advancing its dosable and controllable Automobile-T remedy, ARC-SparX, by way of two systems: a Stage 1 analyze of ACLX-001 for r/r MM, initiated in the 2nd quarter of 2022 and ACLX-002 in relapsed or refractory acute myeloid leukemia and superior-threat myelodysplastic syndrome, envisioned to enter the clinic in the next half of 2022.

Visit www.arcellx.com for far more information and facts.

Ahead-looking Statements

This press release incorporates forward-searching statements inside the which means of Part 27A of the Securities Act of 1933, as amended, and Segment 21E of the Securities Exchange Act of 1934, as amended. All statements in this push launch that are not purely historical are forward-seeking statements. The forward-searching statements contained herein are dependent upon Arcellx’s current anticipations and include assumptions that may perhaps never materialize or may confirm to be incorrect. These ahead-wanting statements are neither claims nor assures and are topic to a wide range of challenges and uncertainties, which include hazards that could be observed in the section entitled “Risk Factors” in files that Arcellx files from time to time with the Securities and Trade Commission. These forward-searching statements are designed as of the day of this press release, and Arcellx assumes no obligation to update or revise any forward-seeking statements, no matter if as a consequence of new data, long term functions or or else, except as expected by law.

Investor Make contact with:

Myesha Lacy

Arcellx, Inc.

[email protected]

510-418-2412

Media Make contact with

Andrea Cohen

Sam Brown Inc.

[email protected]

917-209-7163

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Resource Arcellx, Inc

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