Leadership

Dr. Marbán is currently serving as our Chief Executive Officer, and has served in that capacity and on the Board since November 2013. As co-founder of Capricor, Inc., our wholly-owned subsidiary, Dr. Marbán has been with Capricor, Inc. since 2005 and became its Chief Executive Officer in 2010. Dr. Marbán has been in the biotechnology field for more than 20 years and brings extensive experience across research, product development and business development to the Company.

From 2003-2009, Dr. Marbán held various senior roles at Excigen, Inc., a gene therapy biotechnology company, where she was responsible for operations and business development and where she oversaw the development of a biologic pacemaker for the heart. Prior to Excigen, Dr. Marbán worked in academic science, first at the Cleveland Clinic Foundation working on the development of contractile dysfunction in heart failure due to myocarditis, followed by a postdoctoral fellowship at Johns Hopkins University. While at Johns Hopkins, she advanced to the rank of Research Assistant Professor in the Department of Pediatrics, specializing in the mechanism of the biophysical properties of cardiac muscle. Her tenure at Johns Hopkins ran from 2000 to 2003.

Dr. Marbán earned a Ph.D. from Case Western Reserve University in cardiac physiology and her Bachelor of Science from the University of Maryland.

Dr. Elliott joined Capricor in 2021 and serves as our Chief Science Officer where she oversees Capricor’s exosome platform and pipeline development. She has over 15 years of experience in biotechnology combining her extensive stem cell knowledge and expertise in exosome platform development. As an innovator in the exosome field, Dr. Elliott has been involved in the conception and implementation of exosome purification, scale-up, loading and targeting processes for multiple exosome-based product candidates.

Prior to her role as Vice President of Research and Development, Dr. Elliott served as a Technical Advisor in Business Development and Strategy for Exotech Bio and AD Skincare; both joint ventures between Harvest Capital Strategies and Intrexon Corp., focused on exosome therapeutics. Prior to this role, Dr. Elliott held various roles at Intrexon Corp., including Senior Director of Stem Cell and Exosome Development and Director of the Human Therapeutics Division. During her tenure at Intrexon, she managed a cross-functional team including operations, bioinformatics, engineering, and research and development. She was responsible for multiple primary and stem cell therapeutics and exosome-based research programs from concept through the development of IND-enabling studies. Dr. Elliott held several other roles in small biotechs focused on stem cell technologies and began her career as a stem cell specialist at the University of California, Irvine.

Dr. Elliott received her B.A. in biology and M.S. in molecular biology from Rutgers University. She earned her Ph.D. in human genetics and molecular biology from The Johns Hopkins School of Medicine.

Mr. Bergmann has served as our Chief Financial Officer since 2018 and has been involved in the biotechnology industry for over a decade. Mr. Bergmann joined Capricor in 2011 and has held various roles of increasing responsibility throughout his tenure.

Prior to joining Capricor, Mr. Bergmann had experience in accounting, finance and operations management of companies ranging in size from start-ups to mid-size companies. Prior to Capricor, he was with the business management firm, Gettleson, Witzer and O’Connor headquartered in Beverly Hills, California, where he managed accounting and finance for several production studios generating motion pictures with worldwide revenue exceeding $1.0 billion. The firm’s clients included actors, musicians, producers, directors and international foundations across the entertainment and music industries. During his time at Capricor, Mr. Bergmann oversaw the Company’s reverse merger and uplisting to the Nasdaq Capital Market, completed equity financings yielding over $250 million and oversaw business development leading to multiple strategic partnerships for total deal value exceeding $1.5 billion.

Mr. Bergmann earned his B.S. from Providence College and his M.B.A. from the University of Southern California’s Marshall School of Business. He is actively involved in various venture capital and entrepreneurial associations throughout the Southern California area.

Ms. Krasney has served as our Executive Vice President, Secretary and General Counsel since 2012. Ms. Krasney’s career spans over 40 years serving as general counsel for numerous corporations and private companies engaged in a wide variety of industries. Her extensive background and vast experience has been focused on domestic and international corporate and business law, as well as litigation. Ms. Krasney has been involved in the medical technology arena since the mid-1990s, representing several medical technology companies developing products for the treatment of cardiovascular disease.

Commencing in 2002, Ms. Krasney served as legal counsel for Biosensors International Group Ltd., a multinational medical device company that developed, manufactured and sold medical devices for cardiology applications. In 2006, she accepted the position of General Counsel and Executive Vice President of Biosensors and served in that capacity until 2010. During her tenure at Biosensors Ms. Krasney, among other things, headed the legal team that facilitated the company’s successful initial public offering in Singapore and was responsible for negotiating and documenting all agreements for the company worldwide, including licensing agreements with major medical device companies and agreements required for the company’s international clinical trials. During her tenure at Capricor, Ms. Krasney has been responsible for overseeing all legal matters involving the Company including, business transactions, corporate governance, and intellectual property and has played an integral role in all transactional matters involving the Company. Ms. Krasney also serves as a director on the board of Cardiovascular Research Foundation, a non-profit research and education entity, and as a director for a private non-profit charitable foundation.

Ms. Krasney received her Bachelor of Arts degree from the University of California, Los Angeles and her Juris Doctorate from the University of Southern California.

Mr. Awadalla joined Capricor in 2023 and currently serves as our Chief Development Officer overseeing Capricor’s commercial and clinical activities for our pipeline programs. Mr. Awadalla comes to Capricor with 25 years of experience in product  development across the entire drug lifecycle. Mr. Awadalla has worked across multiple therapeutic areas including oncology, inflammation, degenerative, rare diseases and specializes in the development of cell and gene therapies.

Prior to joining Capricor, Mr. Awadalla served as Vice President of Research and Development and Head of Clinical Operations for Celularity Inc. where he oversaw the company’s clinical portfolio by designing and executing multiple clinical trials. Prior to that, Mr. Awadalla was the Executive Director of Clinical Operations at Mustang Bio where led the clinical operations team in successfully clearing INDs and initiating their first clinical trial with their autologous cell therapy product. Mr. Awadalla also held positions of increasing responsibility in global clinical operations at Celgene. At Celgene, Mr. Awadalla played an integral role in the execution of global clinical trials which led the NDA approval of Otezla^®, a drug for the treatment of psoriasis, psoriatic arthritis, and Bechet’s disease. The worldwide rights to Otezla^® were eventually acquired by Amgen for approximately $11.2 billion. Mr. Awadalla also serves as a board advisor for AdhereTech where he assists the company with commercial and product development strategies.

Mr. Awadalla received his Bachelor of Science in Biochemistry/Molecular Biology from the Richard Stockton University of New Jersey.

Dr. Sun joined Capricor in 2021 and is currently serving as our Senior Vice President of Research and Product Development where he oversees Capricor’s exosome platform and pipeline development as well as process development for deramiocel. He has over 15 years of experience in biotechnology combining his extensive molecular and virology knowledge with multiple years of expertise in exosome research. As an innovator in the exosome field, Dr. Sun has focused on the design of exosome engineering constructs, loading, targeting and manufacturing for multiple exosome-based product candidates.

Prior to joining Capricor, Dr. Sun served as the Head of In Vitro Pharmacology (IVP) at Wuxi AppTec, a global pharmaceutical company, where he oversaw the IVP activities, strategy as well as initiated new business opportunities to drive the revenue growth. Prior to joining Wuxi AppTec, Dr. Sun was Director of Stem Cell Research at TransOva Genetics, a global leader in reproductive technology. Prior to that, he worked at Intrexon Corp., where he held positions of increasing responsibility, including, antibody discovery, stem cell research, and managing multiple exosome-related programs leading to multiple product candidates where he was head and general manager of their San Diego site.

Dr. Sun received his B.A. in Virology and M.S. in Medical Virology from Wuhan University, China. He then earned his Ph.D. in Pathobiology from Penn State University and completed his postdoctoral training in oncology in Dr. Peter Vogt’s lab at Scripps Research Institute in San Diego, California.