Alterity Appoints Biotech Executive Ann Cunningham to Board
Released
Released
Announcement PDF
Alterity Therapeutics Appoints Highly Experienced Biotech Executive Ann
Cunningham to its Board of Directors
MELBOURNE, AUSTRALIA AND SAN FRANCISCO, USA – 17 April 2026: Alterity Therapeutics
(ASX: ATH, NASDAQ: ATHE) (“Alterity” or “the Company”), a biotechnology company dedicated
to developing disease modifying treatments for neurodegenerative diseases, today announced
the appointment of Ms Ann Cunningham to its Board of Directors as an independent Non-
Executive Director, effective 17th April 2026. Ms Cunningham’s appointment further strengthens
Alterity’s Board composition, adding significant global commercial and strategic expertise as the
Company transitions toward late-stage development in Multiple System Atrophy (MSA).
Ms Cunningham brings more than 25 years of global pharmaceutical and biotechnology
experience, with deep expertise in commercial strategy and leadership across neurodegenerative
disease and psychiatry. She has held senior roles at leading global organisations including Eli Lilly
and Company and Teva Pharmaceuticals, where she led multiple marketing and sales teams and
was responsible for neurodegenerative and psychiatry portfolios.
"We are delighted to welcome Ann to the Alterity Board at a pivotal stage in the Company’s
evolution as we prepare to advance ATH434 into Phase 3 development,” said Julian Babarczy,
Alterity’s Non-Executive Chairman of the Board of Directors. “Ann brings an outstanding
combination of global pharmaceutical experience, commercial leadership and deep domain
expertise in neurodegenerative diseases. Her experience in shaping commercial strategy for
innovative therapies will be highly valuable as we position ATH434 for late-stage development
and, ultimately, commercialisation. Importantly, Ann’s perspective will strengthen the Board as
we focus on executing our Phase 3 program and maximising the value of our pipeline for
shareholders."
Ms Cunningham commented, "I am excited to join Alterity at such a pivotal time, with promising
clinical data driving strong momentum for ATH434 as a potential disease modifying treatment
for patients suffering from neurodegenerative diseases. In MSA, the Company is addressing a
significant unmet need, and I look forward to adding my patient-focused experience alongside
the Board and management team to support the next phase of growth."
Ann Cunningham is the Founder and Chief Executive Officer of i³ Strategy Partners, a
pharmaceutical consulting group focused on improving health outcomes through innovative
patient engagement strategies, particularly within underserved communities. Ms. Cunningham
has guided senior pharmaceutical and biotechnology executives in planning and executing
multiple successful portfolio strategies and blockbuster brand launches, including instrumental
roles in the successful commercial launch and sales of Lilly’s Cymbalta®, for which she led the
development and execution of the “Depression Hurts” consumer campaign, and Otsuka
America’s Rexulti®, serving as Senior Director, Global Brand Lead. While at Lilly, she also led
psychiatry sales teams as Area Sales Director responsible for Cymbalta®, Zyprexa® and Strattera®.
Ms. Cunningham also led the commercial development of a product portfolio as Vice President
of Neurodegenerative Disease and Psychiatry at Teva Pharmaceutical Industries. She currently
serves on the Board of Directors of Vistagen Therapeutics and previously served as its Chief
Commercial Officer. Ms. Cunningham holds a B.A. in Psychology from Yale University and an MBA
from the University of Michigan, Stephen M. Ross School of Business.
About Alterity Therapeutics Limited
Alterity Therapeutics is a clinical stage biotechnology company dedicated to creating an alternate
future for people living with neurodegenerative diseases. The Company is focused on developing
disease modifying therapies in Multiple System Atrophy (MSA) and related Parkinsonian
disorders. Alterity is preparing to initiate a Phase 3 pivotal trial in MSA, a rare and rapidly
progressive disease. ATH434, the Company’s lead asset, has demonstrated clinically meaningful
efficacy in a randomized, double-blind, placebo-controlled Phase 2 clinical trial in participants
with MSA. Alterity has further reported positive data in its open label Phase 2 clinical trial in
participants with advanced MSA. In addition, Alterity has a broad drug discovery platform
generating patentable chemical compounds to treat the underlying pathology of neurological
diseases. The Company is based in Melbourne, Australia, and San Francisco, California, USA. For
further information please visit the Company’s website at https://alteritytx.com.
Authorisation & Additional information
This announcement was authorized by the Board of Alterity Therapeutics Limited.
Contacts:
Investors:
Elyse Shapiro
ir@alteritytx.com
Remy Bernarda
Investor Relations Advisory Solutions
ir@alteritytx.com
+1 (415) 203-6386
Media
Casey McDonald
Tiberend Strategic Advisors, Inc.
cmcdonald@tiberend.com
+1 (646) 577-8520
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of section 27A of
the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. The Company
has tried to identify such forward-looking statements by use of such words as "expects,"
"intends," "hopes," "anticipates," "believes," "could," "may," "evidences" and "estimates," and
other similar expressions, but these words are not the exclusive means of identifying such
statements.
Important factors that could cause actual results to differ materially from those indicated by
such forward-looking statements are described in the sections titled “Risk Factors” in the
Company’s filings with the SEC, including its most recent Annual Report on Form 20-F as well as
reports on Form 6-K, including, but not limited to the following: statements relating to the
Company's drug development program, including, but not limited to the initiation, progress and
outcomes of clinical trials of the Company's drug development program, including, but not
limited to, ATH434, and any other statements that are not historical facts. Such statements
involve risks and uncertainties, including, but not limited to, those risks and uncertainties
relating to the difficulties or delays in financing, development, testing, regulatory approval,
production and marketing of the Company’s drug components, including, but not limited to,
ATH434, the ability of the Company to procure additional future sources of financing,
unexpected adverse side effects or inadequate therapeutic efficacy of the Company's drug
compounds, including, but not limited to, ATH434, that could slow or prevent products coming
to market, the uncertainty of obtaining patent protection for the Company's intellectual
property or trade secrets, the uncertainty of successfully enforcing the Company’s patent rights
and the uncertainty of the Company freedom to operate.
Any forward-looking statement made by us in this press release is based only on information
currently available to us and speaks only as of the date on which it is made. We undertake no
obligation to publicly update any forward-looking statement, whether written or oral, that may
be made from time to time, whether as a result of new information, future developments or
otherwise.
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