"Over the past 12 months, Advaxis has significantly expanded and accelerated its clinical development activities requiring an individual of Fred's expertise and experience to manage our regulatory processes," said David J. Mauro, Advaxis's Executive Vice President, Chief Medical Officer. "As Vice President, Regulatory Affairs, Fred will be responsible for leading Advaxis's global regulatory strategy and will be a primary liaison between the company and the global health authorities where we are conducting our clinical studies and working to bring our immunotherapy products to market."
Mr. Frullo was previously the Director, Global Regulatory Strategy at Bristol-Myers Squibb, where he was responsible for maintaining regulatory compliance for the oncology portfolio of marketed products and providing global regulatory strategy support for both Life Cycle Management Teams and Early Development Teams. Mr. Frullo's notable career in regulatory affairs is comprised of executive positions at several prominent pharmaceutical companies, including Pharmacia Corporation, McNeil Consumer Healthcare, and Johnson & Johnson. Mr. Frullo holds a Bachelor of Science, Biology from Ohio University.
In connection with his appointment, Mr. Frullo received a one-time inducement award of 75,000 restricted shares, of which 25% are fully vested as of the grant date. The remaining shares vest annually over a three-year period. The company approved the award as an inducement material to Mr. Frullo entering into employment with the company in accordance with NASDAQ Listing Rule 5635(c)(4).