As Nitrome Biosciences — a biotech founded in 2017 to focus on a class of enzymes called nitrases — rebrands to
Nitrase Therapeutics
, the company is also bringing on a new CEO:
Pierre Beaurang
.
In Nitrase’s statement earlier this week announcing its new CEO, the biotech said that the founder and now-former CEO —
Irene Griswold-Prenner
— will stay on with Nitrase as the new CSO. And this new appointment comes in tandem with the biotech’s Series A expansion, where
Bristol Myers Squibb
became an investor alongside
AbbVie
and
Sofinnova Partners,
bringing the total amount raised to $45 million.
If you recognize Beaurang’s name, you may remember him as the former CBO at
Nurix
— and as one of the founding team members at
Five Prime Therapeutics
two decades ago.
Beaurang first started in the bio sphere at Boston University, where he graduated with his bachelor’s and master’s in biology and biotechnology — before moving to UC-Berkeley to earn a PhD in molecular and cell biology.
After Berkeley, he was a part of the team that founded Five Prime back in 2001 — where he spent the next 16 years working up to executive director of business development. And he was only in that position for less than a year before going over to Nurix.
When we spoke with Beaurang, he told us that he took the position at Nitrase for three reasons: because of the opportunity it provided; because it fit his 3 personal “Ps” that he looks for in opportunities — people, platform, and pipeline; and because it felt like Nurix and Five Prime.
“One of the feelings I felt when I was approached about this opportunity is that it reminded me very much of what Nurix was when I joined that company seven years ago. At Nitrase, to say we’re the leaders in nitrase therapeutics? That’s — that’s true. When I joined Nurix, at that time, we were saying we were the leaders in ligase therapeutics, and that was true at that time,” Beaurang said.
“And we wanted to own that space, just like we are owning the space in networks or buildings. And so there were a lot of similarities there. And again, the same thing — the people, the platform, the early pipelines — all those things were kind of aligned with themselves,” Beaurang added. “And that takes me back to what we did at Five Prime in the very early days, again, having the right people, building a platform that can fill the pipeline, those three elements.”
Since Beaurang came on board at Nitrase two months ago, he has had a few objectives to kick off his time as CEO — from expanding Nitrase’s R&D in different therapeutic areas to hiring on more employees and positioning the company for potential partnerships.
The San Francisco biotech has a lead program potentially for Parkinson’s disease, targeting a nitrase for the popular synuclein target — which, according to Beaurang, formed the basis of Nitrase’s platform. The team is also looking at diversifying its pipeline into oncology, fibrotic diseases and immunology.
And since the company has only 17 or so employees, the number of employees will change, depending on what partnerships or other projects Nitrase takes on. As for more specifics? You’ll have to wait for those.
—
Paul Schloesser
→ Back in January,
Plexium
put more cash in the hopper with a $35 million
Series B
and made ex-
Amplyx
CEO
Mike Grey
chairman. The San Diego protein degradation biotech
has poached
Percival Barretto-Ko
from
Astellas
to be president and CEO, succeeding
Swamy Vijayan
and ending a 16-year run at the Japanese pharma. A mere nine months ago, Barretto-Ko took the CBO job at Astellas after three years as president of Astellas US. This marks the second straight week that a protein degradation company based in San Diego has named a chief executive following the
appointment
of
BioTheryX
CEO
Philippe Drouet
.
→ Paul Hoelscher
has announced
his retirement as CFO of
Horizon Therapeutics
, which is turning to one of their own to succeed him. Hoelscher steps aside on May 16, 2022, in favor of
Aaron Cox
, a Horizon staffer since 2016 who earns the title of EVP, finance until he takes over. A former exec at
BMO Capital Markets
, Cox had been SVP of business development the last four years at the Dublin-based biotech
that bought
AstraZeneca
spinoff
Viela Bio
and its neuromyelitis optica spectrum disorder (NMOSD) drug
Uplizna
for $3 billion in February. Hoelscher will remain with Horizon in an advisory role until May 2023.
→ On the subject of CFO retirements, there’s another one taking place at
Provention Bio
as
Andrew Drechsler
has decided
to hang up the cleats after four years on the job and almost 30 years in the business overall. Provention Bio has already lined up
Alexion
’s
Thierry Chauche
to take over as finance chief on Dec. 1, and Drechsler will stay until mid-2002 as a special advisor to CEO
Ashleigh Palmer
. Chauche was previously the head of strategic financial planning and analysis at Alexion, which is experiencing a consistent drain in talent following the
sale to AstraZeneca
. Earlier, Chauche was VP of FP&A at
Intercept
and has a Big Pharma background at
Novartis
and
Bristol Myers Squibb
.
→
Fabian Tenenbaum
has informed Peer Review that he has been appointed CEO of Israeli immuno-oncology startup
Nectin Therapeutics
as it develops a pipeline that includes ADCs, CAR-T and CAR-NK cell therapies. Tenenbaum, the former CEO of
Bellerophon Therapeutics
, has also been CBO and CFO of
Anterios Therapeutics
, which was sold to
Allergan
for $90 million upfront at the start of 2016.
→ It hasn’t been peaches and cream at all for
Oncopeptides
lately — a couple weeks ago its multiple myeloma drug
Pepaxto
got yanked from the US market, which in turn
pummeled
the stock. A week earlier, CFO
Anders Martin-Löf
resigned
for personal reasons after three years on the job, and the Stockholm biotech
has turned to
Annika Muskantor
to succeed him in an interim capacity beginning Monday. Muskantor, most recently the finance chief at Stockholm-based
Frisq
, has been an interim group CFO before at
Scienta Omicron
and
Sobi
, among other companies.
→ Last week
Ipsen
CBO
Philippe Lopes-Fernandes
gave our Nicole DeFeudis
an inside look
at the company in the year since he took the job, and now Ipsen
has given
Stewart Campbell
a different role: EVP and president of North America. Just this year, Campbell joined CEO
David Loew
’s squad as SVP and franchise head of oncology following a 15-year run at
Roche
/
Genentech
that saw him take on a collage of roles working with such blockbusters as
Rituxan
and
Kadcyla
, ending with his time as lifecycle leader, global product strategy.
→ Swiss-based
Santhera
has been riding the struggle bus for awhile, punctuated by a significant
reduction
in its staff after scrapping a Duchenne muscular dystrophy program in October 2020. But
hitting
the primary endpoint with another Duchenne drug,
vamorolone
, in a Phase IIb study has given Santhera reason for optimism, and
Stephanie Brown
will be president, North America
starting
Dec. 1. Brown’s career is a veritable Big Pharma sampler, taking on leadership positions at
Takeda
,
Biogen
,
Merck
and Genentech. She will jump to Santhera next month after closing out her tenure as Ipsen’s SVP and head of the rare diseases franchise, North America.
→ According to an SEC
filing
Monday, both COO
Daniel Faga
and CMO
Joseph Leveque
are out
at
Mirati
, while chief accounting officer
Vickie Reed
has stepped into the role of CFO. After his
FerGene
flameout
,
David Meek
will now retool his leadership a month and a half into his
tenure
as CEO, shepherding Mirati through an NDA slated for Q4 with a KRAS inhibitor that it hopes can
put a dent
in
Amgen
’s
Lumakras
in non-small cell lung cancer. Mirati also
took the wraps
off positive colon cancer data for that same drug,
adagrasib
, in September.
→ On Dec. 3,
Eric Murphy
will walk away
as CSO of
Nima Farzan
’s cancer biotech
Kinnate Biopharma
“to pursue a new opportunity.” This isn’t goodbye completely for Murphy, who stays on as a member of the scientific advisory board at the California-based developer of small molecule kinase inhibitors. After a whopping $276 million IPO at the tail end of the 2020 gold rush, Kinnate
established
a subsidiary in Shanghai with the assistance of
OrbiMed
and
Foresite Capital
in May.
→ Fresh off a new
alliance
with
Sinopharm
, Shanghai-based
I-Mab
has shifted
CFO
Jielun Zhu
to chief strategy officer and named
John Long
as finance lead in his stead. Zhu, the CFO since August 2018, steered I-Mab to an IPO that cracked the $100 million mark in January 2020, the first Chinese biotech to hit Nasdaq since
Samantha Du
’s
Zai Lab
in 2017. Long will become part of I-Mab’s board of directors and has previously been SVP of finance at
WuXi AppTec
.
→ San Diego-based
Acadia
— forced by the FDA to reassess its sNDA for
Nuplazid
after the agency saddled the neuro biotech
with a CRL
in April —
has promoted
Brendan Teehan
to EVP, COO, head of commercial. Teehan has swiftly climbed the ladder here after joining Acadia in 2018 as VP, commercial insights, analytics & operations; since January he had held the title of chief insights and analytics officer. The
J&J
and Amgen vet also logged two years as VP, provider solutions at
Tesaro
.
→
Tango in the night
: Under the leadership of
Barbara Weber
, precision oncology player
Tango Therapeutics
found a dance partner to light up the biotech ballroom in April,
reverse merging
with
Boxer Capital
’s blank-check company
BCTG Acquisition Corp.
Tango
has now tapped
Marc Rudoltz
as CMO and
Doug Barry
as general counsel to shore up the leadership. Rudoltz is a Novartis vet in clinical development (with
Gleevec
and
Tasigna
) who has held the CMO job on an interim basis at
WindMIL Therapeutics
,
Deciphera Pharmaceuticals
and
Constellation Pharmaceuticals
. Barry was previously VP of corporate law at Alexion.
→ As radiopharma continues to sizzle,
Fusion Pharmaceuticals
— a Canadian biotech in the space that burst onto Nasdaq with a $212.5 million IPO last summer —
has selected
Christopher Leamon
as CSO. Leamon was VP of research and later president of
Endocyte
, the radiopharmaceutical player Novartis
bought
in 2018 for $2.1 billion. And just before he took this gig at Fusion, Leamon served as Novartis’ executive director, radioligand drug discovery.
Eric Burak
, Fusion’s only other chief scientist since its launch, will now shift to chief technology officer.
→
Roche
immunology and neurology partner
Jnana Therapeutics
has bumped up
its co-founder
Joel Barrish
to president and CSO. A 27-year veteran of Bristol Myers, Barrish helped found Jnana after a short stay as CSO of
Achillion
, and he’s also on the scientific advisory board at
Kojin Therapeutics
,
led by new CEO
Luba Greenwood
. The
Stuart Schreiber
-founded Jnana, focused on solute carrier (SLC) transporters, enjoyed a $50 million Series B haul in August
that was headlined
by
RA Capital
.
→ Boston hearing loss biotech
Akouos
has named
Stacy Price
as chief technical officer, its first major hire since ex-
Spark
CMO
Kathy Reape
joined
Manny Simons
’ team in early May as chief development officer. Price escapes the drama at
Ziopharm Oncology
— now
under new management
after the
activist attack
brouhaha — where she was SVP of technical operations. While with
Shire
, Price led pharmaceutical development operations and was in charge of CMC program management.
→ Blending together with
K5 Therapeutics
and
gathering up
a Series A in July co-led by
Novo Holdings
and
Sofinnova Partners
, Danish neurodegenerative disease company
Muna Therapeutics
has pegged
Niels Plath
as CSO. Plath had been a mainstay at a familiar Danish name, closing out 16 years at
Lundbeck
as acting head of global research and VP for neuroscience. Muna has its sights set on small molecule drugs for such diseases as Alzheimer’s, frontotemporal dementia and Parkinson’s.
→ It didn’t take long for Los Angeles-based cancer outfit
Aadi Bioscience
to resurface in Peer Review,
naming
Scott Giacobello
CFO after the appointment of CMO
Loretta Itri
last week. A former finance exec for seven years at Allergan, Giacobello spent the last four years as CFO of
GW Pharmaceuticals
, the maker of the cannabinoid
Epidiolex
that
Jazz Pharmaceuticals
scooped up
in a $7.2 buyout in February. Giacobello’s first day at Aadi is Nov. 28.
→ J&J vet
Frank Wiegand
has leapfrogged
to Oxford-based
Beckley Psytech
, which
received
$80 million in Series B funding this summer, as CMO. Before pivoting to Beckley, which is developing therapies derived from psilocybin and “toad venom” for severe headaches and treatment-resistant depression, Wiegand spent more than 20 years with J&J, rounding out his time at the pharma giant as VP, global medical affairs in neuroscience.
→ Houston neuro startup
Coya Therapeutics
is building out its leadership roster further
by welcoming
Adrian Hepner
as CMO and
Greg MacMichael
as chief technical officer. Hepner jumps to Coya from his double duty at
Pharnext
as CMO and head of R&D, and he spent his previous five years as the medical chief of
Eagle Pharmaceuticals
. An
Eli Lilly
and Novartis alum, MacMichael held the same title at
Castle Creek Biosciences
and has been a manufacturing exec with
Axovant
,
NantKwest
and
Rocket Pharmaceuticals
.
→ Gene, we hardly knew ye:
Gene Mack
seemed like
he just took
the CFO job 10 minutes ago at Coya, but he’s already had a change of heart and
has become
finance chief at
Imcyse
, a Belgian biotech developing synthetic peptides called Imotopes which is
partnering
with
Pfizer
on rheumatoid arthritis therapies. Mack was previously CFO at
OncoImmune
and its spinout
OncoC4
.
→ A triad of new execs
is hoping
to strike the right chord at San Diego-based
Inhibrx
, which
rolled out
results in October for its alpha-1 antitrypsin deficiency drug
INBRX-101
. Eli Lilly vet
David Matly
(chief commercial officer) climbs aboard after four years at
Novartis Oncology
, and in his final year he was the global leader of the MDS/AML portfolio.
David Kao
(VP of regulatory affairs) owns regulatory experience from Roche,
Daiichi Sankyo
and
Receptos
/
Celgene
and was recently development program lead (immunoscience) at Bristol Myers. And after 12 years at
Sanofi Genzyme
,
Jack Tsai
(VP of business development) had a year-long stay as Takeda’s oncology and cell therapy new product business development lead before taking on this role.
Finally, Sanford Burnham Prebys Medical Discovery Institute president
Kristiina Vuori
has been added to Inhibrx’s board of directors.
→ Philadelphia-based women’s cancer biotech
Context Therapeutics
has announced
two updates to its C-suite.
Jennifer Minai-Azary
has taken over as CFO this month, and back in April, ex-
Teva
associate general counsel
Alex Levit
was appointed chief legal officer. Most recently, Minai-Azary served as CFO at
Millendo Therapeutics
, and Levit was VP, deputy general counsel and assistant corporate secretary of
OptiNose
.
→ One of the biotechs tackling the riddle wrapped in a mystery inside of an enigma known as NASH, Pennsylvania-based
Madrigal Pharmaceuticals
has recruited
Stephen Dodge
as global head of medical affairs and
Kia Motesharei
as SVP, business & corporate development. Dodge worked in medical affairs at Merck,
Novo Nordisk
and Novartis, changing course here after two years at Intercept that concluded as cholestasis program head. Motesharei just had a quick stay at another company out of Pennsylvania,
NeuBase Therapeutics
, as chief business and strategy officer. The ex-
Genfit
CFO has also been a business development exec at
EMD Serono
and
Akcea
.
→
Livija Deban
has been promoted
to CSO at
Prokarium
, a microbial immunotherapy biotech out of London with a lead program that targets non-muscle invasive bladder cancer. Deban, a Prokarium exec since 2018, previously got elevated to VP of research in 2020 from her original post — VP of immunology and oncology.
Kristen Albright
received the ultimate promotion in July at Prokarium, vaulting to CEO after a year as COO.
→
Ted Danse
has hit
the ground running as head of business development at Seattle presbyopia biotech
Visus Therapeutics
, which
bagged
a $36 million Series A in March. Danse, an Allergan and
Schering-Plough
alum, is the ex-CEO of
ISTA Pharmaceuticals
and
Neurotech
. Elsewhere at Visus,
SV Health Investors
venture partner
David Guyer
has been named chairman of the board after serving as an advisor since the company was founded in 2019.
→ CDMO
AGC Biologics
has recruited
Jean-Baptiste Agnus
as CBO. Agnus hails from
Ajinomoto Bio-Pharma
Services
. Additionally, Agnus has served at
Novasep
and
Isochem
.
→
Brian Johnson
is making his way back
to
Novan
to take back the mantle of his former job as CCO. Johnson’s been busy since he parted ways with the company in 2018, busy working stints at
Two Hearts
Group
,
UCB
and
Galderma
. Additionally, Johnson formerly served at
Revian
, Novartis,
Ortho Pharmaceutical
and
Medicis
.
→ Palo Alto, CA-based
180 Life Sciences
has reeled in
Quan Vu
as COO/CBO. Vu hops aboard with experience from his times at
LS Associates
,
Baleena Bioscience
,
Opiant Pharmaceuticals
,
Anthem
and Amgen.
→ Hail to the victors: Located west of the University of Michigan
, Strata Oncology
— a startup that
captured
a $90 million Series C this summer with the help of Merck and Pfizer —
has welcomed
Jennifer Reyntjes
as chief people officer. Reyntjes, who began her career at
General Motors
, comes from the animal health world after a year and a half as chief human resources officer for
Mission Veterinary Partners
.
→
BioCryst
has promoted
Jinky Ang Rosselli
to the position of chief data and insights officer. Rosselli joined the NC-based company in 2015 as VP of global business analysis and operations. She made her way over to BioCryst from
United
Therapeutics
, where she led the global business intelligence and insight team. Prior to that, Rosselli was with
Talecris Biotherapeutics
(now
Grifols
) and Novartis.
→
Better Therapeutics
is welcoming aboard
Thiago Licias de Oliveira
as chief people officer. de Oliveira most recently served as head of global talent management for
J&J Medical Devices
.
→ Surf’s up:
Steven Spector
, who spent almost 20 years as general counsel at
Arena Pharmaceuticals
from 2001-20,
has signed on
at ex-Arena sub
Longboard Pharmaceuticals
in the same capacity. After his departure from Arena, Spector worked part-time as a general counsel and advisor for not just Longboard, but
Dynavax
and
Galecto
as well. Making its debut with a $56 million
round
in October 2020, Longboard
ventured off
to Nasdaq in March through an $80 million IPO.
→ Over in The Netherlands,
AM-Pharma
has appointed
Alexander Bastian
as VP, value and market access. Bastian held the same position at
Galapagos
, which
has imploded
impressively after the
filgotinib
fail with Gilead, before making the leap to AM-Pharma. Back in September, AM-Pharma
partnered
with Tokyo-based
Kyowa Kirin
for exclusive development and commercialization rights in Japan for its kidney drug,
ilofotase alfa
.
→ While grabbing a cool
$275 million
to help launch startups,
Mission BioCapital
has signed on
Mike Taylor
as operating partner and
Steve Tregay
as co-managing partner. Taylor comes with experience from his times at Pfizer,
Ensemble Therapeutics
and
Deciphera Pharmaceuticals
under his belt; while Tregay formerly served at Novartis and
FORMA
Therapeutics
.
→
Brion Murray
has been appointed
SVP of research at
Lengo Therapeutics
, led by first-year CEO
Enoch Kariuki
. Before joining the San Diego-based Lengo, Murray was VP, cancer biology and translational research at
Turning Point Therapeutics
. He has also served as a research fellow at Pfizer.
Speaking of Lengo, its chairman
Dave Johnson
has been added
to the board of directors at glyco-immunology biotech
Palleon Pharmaceuticals
, which
racked up
a nine-figure Series B last year to propel its lead candidate — a enzymatic sialoglycan degrader — toward the clinic. Johnson, the ex-CEO of
VelosBio
and
Acerta Pharma
, also chairs the board at
Aura Biosciences
.
→ If
Laronde
CEO
Diego Miralles
started singing the chorus of “We’re In the Money” after the
Flagship
company’s gigantic $440 million
Series B
in August, Peer Review wouldn’t begrudge him. This week
Sheri McCoy
and
Pablo Cagnoni
have been elected
to the board of directors at Laronde, which is making a play at endless RNA (eRNA). McCoy devoted 30 years to J&J and was the pharma giant’s vice chair before becoming CEO of
Avon
, while Cagnoni has helmed
Rubius Therapeutics
since 2018.
→ Longtime
Genzyme
vet
Richard Douglas
, who has been on the board at
MaxCyte
since 2018,
has now been appointed
chairman. Douglas, a board member at
Novavax
, serves as an advisor at
RedSky Partners
and is chairman of
Aldeyra Therapeutics
.
→ Back in October,
Esperion
announced
that it would cut 40% of its staff due to budget concerns over the course of the month and there’s also been a
change at the top
. On the brighter side of things, the biotech
has announced
the appointment of
Seth Fischer
to its board of directors. Fischer, a J&J alum, also serves as a board member for
Agile Therapeutics
,
Spectrum Pharmaceuticals
and
Marinus Pharmaceuticals
.
→ J&J alum
Tom Graney
is the latest member
of the board of directors at Cambridge, UK startup
Mogrify
, which just
brought in
CSO
Louise Modis
last month. Graney, the current CFO at
Oxurion
, also held that role at
Ironwood
,
Vertex
and
Generation Bio
.
→ Graney is on the board of
Andrea Pfeifer
-led
AC Immune
, which is chaired by
Codiak
CEO
Doug Williams
and also includes
Carl June
and
Evotec
CEO
Werner Lanthaler
— and
has grown further
with the additions of
Monica Shaw
and
Monika Bütler
. Shaw is
Leo Pharma
’s EVP, head region for Europe, Canada and Australia, and Bütler is an economist who’s a board member with
Schindler Group
and
Huber+Suhner
.
→ Anemia-focused
Akebia Therapeutics
has a seat ready
for
Ron Frieson
on the board of directors. A former chairman of the American Kidney Fund’s board of trustees, Frieson is COO at Children’s Healthcare of Atlanta.
→ After naming attorney
Ken Clark
to the board of directors a month ago,
Bob Duggan
’s
Summit Therapeutics
has appointed
Urte Gayko
to the board this week. Gayko worked for Duggan in regulatory affairs at
Pharmacyclics
in the 2010s and she’s now the SVP of drug development & regulatory affairs for
Nektar
.
→ Former Bristol Myers and Amgen R&D exec
Elliott Levy
has joined
the board of directors at UK-based
NuCana
. Back in May, Levy became a board member at
Omega Therapeutics
and he previously chaired the board at
TransCelerate BioPharma
.
→
BriaCell Therapeutics
has welcomed
Jane Gross
to its board of directors. Gross has previously served as CSO and SVP, research and non-clinical development at
Aptevo Therapeutics
and was VP, applied research and non-clinical development at
Emergent BioSolutions
.
→
Acepodia
has recruited
a couple industry veterans to its board of directors and scientific advisory board.
Robin Andrulevich
, who currently serves as EVP and chief people officer at
Sana Biotechnology
, will join the board of directors. For the SAB, Acepodia brings on
Eileen Higham
, who serves as SVP, head of technical operations at
Intergalactic Therapeutics
.
→
Adial Pharmaceuticals
is adding
former
Indivior
CFO
Cary Claiborne
to its board of directors. In addition to his past role at Indivior, Claiborne has served as CFO of
Sucampo Pharmaceuticals
and
Osiris Therapeutics
.
→
Kathy LaPorte
is tacking on
another board appointment to her résumé with her latest addition to
89bio
. LaPorte formerly served as CEO of
Nodality
and currently sits on the boards of
Bolt Therapeutics
,
Precipio
and
Phoenix Biotech Acquisition
Corporation
.