Agios (AGIO) Appoints Steve Hoerter As Chief Commercial Officer

CAMBRIDGE, Mass., Feb. 08, 2016 (GLOBE NEWSWIRE) -- Agios Pharmaceuticals, Inc. (Nasdaq:AGIO), a leader in the fields of cancer metabolism and rare genetic metabolic disorders, today announced the appointment of Steve Hoerter to the newly created position of chief commercial officer, effective February 16, 2016. Mr. Hoerter has more than 20 years of global pharmaceutical and biotechnology experience, most recently having served as executive vice president and chief commercial officer at Clovis Oncology, Inc. as well as previous senior commercial roles at Genentech and Roche.

"We are excited to welcome Steve to Agios as we look forward to key milestones in our oncology and rare genetic disease programs this year and continue building our team for the future," said David Schenkein, M.D., chief executive officer of Agios. "Steve's leadership and broad experience launching new medicines will be essential as we build the late-stage development and commercial capabilities needed to become a sustainable, multi-product biopharmaceutical company."

"The people at Agios share a commitment to pushing scientific boundaries and developing breakthrough medicines," said Mr. Hoerter. "I look forward to joining the team to build a commercial organization focused on bringing important new therapies to patients with cancer and rare genetic disorders."

As executive vice president and chief commercial officer at Clovis Oncology, Mr. Hoerter built and led the global commercial organization that developed go-to-market strategies for two oncology therapies. Before joining Clovis in 2011, he was general manager and management center head at Roche for the Sub-Saharan Africa and Indian Ocean Region. From 2005 to 2010, Mr. Hoerter held a variety of positions at Genentech, Inc., including serving on the senior leadership team for Genentech's BioOncology business as senior director, Pipeline Development and Commercial Operations. Prior to that, Mr. Hoerter held commercial roles at Chiron Corporation and Eli Lilly and Company in the U.S., Europe and Africa. Mr. Hoerter received his B.A. from Bucknell University, MBA from Tilburg University and M.S. in management from Purdue University.

About Agios

Agios is focused on discovering and developing novel investigational medicines to treat cancer and rare genetic metabolic disorders through scientific leadership in the field of cellular metabolism. In addition to an active research and discovery pipeline across both therapeutic areas, Agios has multiple first-in-class investigational medicines in clinical and/or preclinical development. All Agios programs focus on genetically identified patient populations, leveraging our knowledge of metabolism, biology and genomics. For more information, please visit the company's website at www.agios.com.

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