APPLIED GENETIC TECHNOLOGIES CORPORATION: AGTC Announces Sue Washer, CEO, Elected to Biotechnology Innovation Organization's Board of Directors

Applied Genetic Technologies Corporation issued the following announcement on Feb. 14.

Applied Genetic Technologies Corporation (NASDAQ:AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene therapies for the treatment of rare diseases, today announced the election of Sue Washer, President and Chief Executive Officer, to the Biotechnology Innovation Organization (BIO)'s Board of Directors.

"For more than two decades, BIO has been a champion of the rapidly expanding biotechnology industry and I am honored to be elected to the organization's Board of Directors," said Ms. Washer. "My primary focus will be to enhance BIO's position as a critical resource to fledgling biotechnology companies, ensuring they have access to the proper tools and information to reach commercialization. In addition, I am committed to working closely with federal, state and local governmental representatives to advance the development of transformative therapies addressing serious unmet medical needs."

BIO is the world's largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and internationally. The organization's key areas of focus include healthcare, emerging companies, intellectual property, industry and the environment, food and agriculture, public policy, bioethics and international policy. As a member of the Board of Directors, Ms. Washer will contribute her expertise as an industry thought leader to weigh in on major issues affecting the biotechnology sector.

"We are excited to welcome Sue to our Board of Directors, following her successes while serving on the Board of Southeast BIO and the executive committee of BioFlorida," said Jim Greenwood, BIO President and CEO. "With more than a decade of scientific and operational experience in pharmaceutical and biotechnology industry, Sue brings valuable expertise to the table and will be pivotal in our efforts to continue our mission of ensuring effective therapies reach the marketplace."

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