STAMFORD, Conn., Nov. 09, 2016 (GLOBE NEWSWIRE) -- Loxo Oncology, Inc. (Nasdaq:LOXO), a biopharmaceutical company innovating the development of highly selective medicines for patients with genetically defined cancers, today announced the appointment of Steve D. Harr, M.D., to its board of directors. Dr. Harr is the chief financial officer and head of corporate development at Juno Therapeutics, a company developing novel cellular immunotherapies to treat cancer. "We are thrilled to have Steve join our board of directors during this pivotal time for Loxo," said Josh Bilenker, M.D., chief executive officer of Loxo Oncology. "Steve has a unique breadth and depth of experience in biotechnology and corporate finance. His perspectives will be incredibly valuable as we advance LOXO-101 through late-stage clinical development and generate initial clinical data for the LOXO-292 and LOXO-195 programs." "I am excited by the encouraging data for LOXO-101, the potential of the company's early-stage pipeline and the management team's rapid execution of its programs," said Dr. Harr. "I'm passionate about the development of new cancer therapies that can make a meaningful difference for patients and see great promise in the company's approach and commitment to improving patient outcomes." As CFO and head of corporate development at Juno, Dr. Harr leads the finance organization and corporate strategy. From May 2010 until joining Juno in April 2014, Dr. Harr was managing director and head of Biotechnology Investment Banking at Morgan Stanley. Prior to his investment banking role at Morgan Stanley, Dr. Harr was Morgan Stanley's lead biotech research analyst and co-head of Global Healthcare Research. Dr. Harr received a B.A. in economics from College of the Holy Cross in 1993 and an M.D. from The Johns Hopkins University School of Medicine in 1998. Dr. Harr was a resident in internal medicine at the University of California, San Francisco from 1998 to 2000. Dr. Harr is also a member of the board of directors of JW Therapeutics.