Al­ler­gan vet takes the CEO’s job at Third Rock’s Re­lay; Verona Phar­ma files $86M IPO

→ Third Rock Ven­tures has re­cruit­ed Al­ler­gan’s chief strat­e­gy of­fi­cer, San­jiv Pa­tel, to take the helm at its start­up Re­lay Ther­a­peu­tics. As is com­mon with Third Rock cre­ations, one of the part­ners took the in­ter­im CEO po­si­tion. Now Alex­is Borisy will step up to the chair­man’s job as Pa­tel does the heavy lift­ing in man­ag­ing the com­pa­ny. Cleave CEO Lau­ra Shawver and NI­BR vet Markus War­muth are join­ing the board at Re­lay, which is build­ing a plat­form based on pro­tein mo­tion.

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