20:12:23 EDT Mon 14 Jul 2025
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Defence Therapeutics Inc
Symbol DTC
Shares Issued 54,725,370
Close 2025-03-25 C$ 1.07
Market Cap C$ 58,556,146
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Defence Therapeutics appoints Theodorou as COO

2025-03-26 11:14 ET - News Release

Mr. Sebastien Plouffe reports

DEFENCE ANNOUNCES US MOLECULAR AND ANTIBODY RESEARCH EXPERT DR. ELIAS THEODOROU JOINS DEFENCE'S MANAGEMENT TEAM AS CHIEF OPERATING OFFICER

Dr. Elias Theodorou, PhD, is joining Defence Therapeutics Inc.'s management team as the chief operating officer, effective in April, 2025.

Dr. Theodorou is a molecular biologist with over 25 years of experience in cancer research, stem cell differentiation and gene delivery. He is the co-founder of Protos Biologics Inc., where he has been developing innovative DNA delivery systems. Previously, he served as the director of research at WBC Biosciences LLC, where he co-invented a method to modify innate immune cells for enhanced anti-cancer properties. Dr. Theodorou earned his PhD from Yale University, focusing on identifying novel drivers of neural differentiation. He has written numerous publications and holds patents related to gene therapy and protein engineering.

"Dr. Theodorou's appointment as COO marks a significant milestone for Defence Therapeutics," said Sebastien Plouffe, president, chief executive officer and founder of Defence Therapeutics. "His leadership, scientific acumen and extensive experience in innovative biotech start-ups will be crucial in accelerating our development programs and strengthening our position in the U.S. market. Based in the Boston area, Dr. Theodorou will spearhead our efforts to tap into the exceptional resources and expertise of the U.S. biotech ecosystem. His ability to translate complex scientific concepts into practical applications aligns perfectly with our mission to advance the Accum technology. We are confident that Dr. Theodorou's expertise, particularly in gene delivery and cancer research, combined with the innovative environment of the U.S. biotech sector, will catalyze the full potential of our platform in the fields of ADCs [antibody-drug conjugates] and radio-immuno-conjugates."

"I am thrilled to join Defence Therapeutics as chief operating officer at this pivotal moment in the company's growth," said Dr. Theodorou. "The Accum platform represents a groundbreaking approach in the field of drug delivery. My experience in molecular biology and innovative drug delivery systems aligns perfectly with Defence's mission. From our strategic position in the Boston biotech hub, we are poised to accelerate the development of our technology and forge crucial partnerships that will drive the next wave of cancer therapeutics. I look forward to working with the talented team at Defence to translate our scientific advancements into life-changing treatments for patients."

The company has granted 350,000 incentive stock options to Dr. Theodorou, in accordance with the terms and conditions of Defence's omnibus incentive plan. Of the options, 100,000 stock options shall vest immediately and 250,000 stock options shall vest in one year from the date of grant. The options are exercisable at a price of $1.07 per share for a period of 10 years from the date of grant.

About Defence Therapeutics Inc.

Defence Therapeutics is a publicly traded clinical-stage biotechnology company developing and engineering the next generation of radio-immuno-conjugate and ADC products using its proprietary platform in addition to novel immune-oncology vaccines. The core of Defence Therapeutics' platform is the Accum technology, which enables precision delivery of radio-immuno-conjugates or ADCs in their intact form to target cells and vaccine antigens. As a result, increased efficacy and potency can be reached against catastrophic illnesses such as cancer and infectious diseases.

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