Five Prime Therapeutics, Inc. announced the appointment of Carol Schafer to its Board of Directors. Ms. Schafer is an industry leader with more than 25 years of investment banking and equity capital markets experience in the biotechnology sector. In addition to serving as a board member and the audit committee chair at Idera Pharmaceuticals, Ms. Schafer has built a diverse and successful career spanning executive leadership, finance and operations. In 2018, she retired from Wells Fargo Securities as Vice Chair of Equity Capital Markets where she helped to enhance the firm™s presence and brand in healthcare equity financing by overseeing 220 transactions that raised nearly $90 billion in proceeds. Prior to Wells Fargo Securities, Ms. Schafer was Vice President of Finance and Business Development at Lexicon Pharmaceuticals. Before joining Lexicon, Ms. Schafer was a Managing Director in Equity Capital Markets at JPMorgan where she was responsible for the origination and execution of primary and secondary equity offerings and other financings for healthcare, consumer and retail clients.