Bob Goeltz bolts Uni­ty Biotech­nol­o­gy to be­come CFO at Ar­cus Bio­sciences; John John­son tapped for his lat­est CEO gig

Bob Goeltz

→ A press re­lease ear­li­er in the week not­ed that Bob Goeltz left his CFO post at Uni­ty Biotech­nol­o­gy “to pur­sue a new op­por­tu­ni­ty.” We now know what that op­por­tu­ni­ty is, join­ing Ter­ry Rosen’s crew at Ar­cus Bio­sciences as the new CFO. A for­mer ex­ec­u­tive di­rec­tor of cor­po­rate de­vel­op­ment at Am­gen, Goeltz was the CFO for Cy­tomX Ther­a­peu­tics be­fore mak­ing the move to an­ti-ag­ing start­up Uni­ty in 2017.

“With the po­ten­tial to have three mol­e­cules in reg­is­tra­tional stud­ies in 2021, a pro­lif­ic dis­cov­ery team and a unique­ly en­abling and nascent al­liance with Gilead, Bob joins Ar­cus at a sem­i­nal in­flec­tion point, with the op­por­tu­ni­ty to make Ar­cus’s vi­sion of cre­at­ing, de­vel­op­ing and com­mer­cial­iz­ing in­no­v­a­tive and cu­ra­tive ther­a­pies for can­cer a re­al­i­ty,” Rosen said in a state­ment.

Lynne Sul­li­van

Mean­while, Uni­ty Biotech­nol­o­gy has se­lect­ed Bio­gen vet Lynne Sul­li­van to re­place Goeltz as their in­ter­im CFO, ef­fec­tive Au­gust 1. Sul­li­van is on the board of di­rec­tors and chairs the au­dit com­mit­tee at Sol­id Bio­sciences, resTOR­bio and Bio­mX. A for­mer CFO at Com­pass Ther­a­peu­tics, she spent more than 10 years at Bio­gen, leav­ing as their SVP of fi­nance.

→ La Jol­la, CA-based biotech CEND Ther­a­peu­tics is mak­ing a change at the top, with David Slack tak­ing over as pres­i­dent and CEO of the can­cer-fo­cused com­pa­ny. A board mem­ber since last year, Slack takes the place of co-found­ing CEO Erk­ki Ru­oslahti, who will still be chair­man and a se­nior ad­vi­sor. The co-founder and ex-CEO of Ki­na­gen, Slack al­so spent 4 years as CBO of Virac­ta Ther­a­peu­tics.

John John­son

John John­son has agreed to be CEO of the rare dis­ease biotech Strong­bridge Bio­phar­ma — the lat­est in a long string of CEO posts. John­son had been Strong­bridge’s chair­man for the last 5 years and brings sub­stan­tial C-suite clout as the ex-CEO of Melin­ta Ther­a­peu­tics and Den­dreon. His record on turn­around at­tempts, though, has been bleak. His oth­er pre­vi­ous lead­er­ship po­si­tions run the gamut in Big Phar­ma, from his tenure at Eli Lil­ly as pres­i­dent of glob­al on­col­o­gy to his time at J&J as com­pa­ny group chair­man, world­wide bio­phar­ma­ceu­ti­cals.

→ Con­sid­er­able per­son­nel moves are play­ing out at Rea­ta, the Texas bio­phar­ma that had to press pause in late March both on their Phase III tri­al for bar­dox­olone in CTD-PAH and on en­roll­ment for the FAL­CON tri­al of bar­dox­olone to treat pa­tients with au­to­so­mal dom­i­nant poly­cys­tic kid­ney dis­ease. First up: Col­in Mey­er has been pro­mot­ed to the new po­si­tion of chief re­search and de­vel­op­ment of­fi­cer and EVP. Mey­er start­ed at Rea­ta in 2003, fill­ing a va­ri­ety of roles be­fore climb­ing to the CMO post in 2013. See­mi Khan suc­ceeds Mey­er as CMO, com­ing off 3 years at Mit­subishi Ten­abe as their de­vel­op­ment team lead. She al­so spent time as the se­nior med­ical di­rec­tor, glob­al R&D for Ab­b­Vie.

Ad­di­tion­al­ly, Kevin John­ston has made his way to Rea­ta as VP and chief tech­ni­cal of­fi­cer. John­ston was most re­cent­ly the VP of sup­ply chain & lo­gis­tics at Tesaro. Fi­nal­ly, An­drea Loewen is now Rea­ta’s VP, glob­al reg­u­la­to­ry af­fairs, bring­ing more than 30 years of reg­u­la­to­ry ex­pe­ri­ence with such com­pa­nies as Bio­gen, Shire and Bax­ter Health­care.

Matthew Os­borne

→ It’s al­so a busy week of ex­ec­u­tive shuf­fling at On­colo­gie as Matthew Os­borne as­sumes the role of CFO, Hagop Yous­soufi­an steps in as in­ter­im CMO, Bill Mc­Don­ald is now VP, CMC, and Ker­ry Culm-Merdek, gets pro­mot­ed to VP of clin­i­cal de­vel­op­ment.

Os­borne leaves a bat­tered Unum Ther­a­peu­tics, where he was their CFO, and be­fore that, he served as head of cor­po­rate af­fairs, com­mu­ni­ca­tions and in­vestor re­la­tions at Voy­ager Ther­a­peu­tics. Yous­soufi­an’s last CMO gig was at BIND Ther­a­peu­tics and he for­mer­ly led ex­per­i­men­tal med­i­cine at Bris­tol My­ers Squibb. Mc­Don­ald most re­cent­ly held the same role of VP, CMC at Con­tra­fect, and be­fore join­ing On­colo­gie, Culm-Merdek was head of clin­i­cal phar­ma­col­o­gy & quan­ti­ta­tive bio­an­a­lyt­ics at Im­muno­Gen.

→ Putting them­selves in the Covid-19 hunt with lenzilum­ab’s po­ten­tial to quash the cy­tokine storms that can af­flict pa­tients, Hu­mani­gen has a trio of new ex­ecs. Dale Chap­pell, who found­ed Black Horse Cap­i­tal, has signed on as the Cal­i­for­nia phar­ma’s CSO. David Tou­s­ley, the ex-CFO at a host of com­pa­nies in­clud­ing Avax Tech­nolo­gies and Dara Bio­sciences, has been named Hu­mani­gen’s chief ac­count­ing of­fi­cer. And Omar Ahmed, a No­var­tis and Roche vet and for­mer glob­al mar­ket­ing leader, im­munol­o­gy at Janssen, has been pro­mot­ed to SVP, clin­i­cal, med­ical and sci­en­tif­ic af­fairs.

Richard Williams

Kin­nate Bio­phar­ma, which jumped in­to the scene last De­cem­ber with a hefty $74.5 mil­lion B round, has en­list­ed Richard Williams as CMO. Williams hails from WuXi NextCODE, where he served as CMO and glob­al head of on­col­o­gy pro­grams. Pre­vi­ous­ly, Williams has served in roles at GRAIL and Puma Biotech­nol­o­gy. In ad­di­tion, the San Diego-based com­pa­ny tapped Pfiz­er vet Robert Ka­nia as SVP, drug dis­cov­ery.

→  To ini­ti­ate busi­ness de­vel­op­ment in the US, French biotech Im­Check Ther­a­peu­tics — which se­cured $53 mil­lion in Se­ries B fi­nanc­ing last De­cem­ber — has named Claude Knopf as CBO. Knopf brings ex­pe­ri­ence from his time spent at Gem­i­ni Ther­a­peu­tics, Pieris Phar­ma­ceu­ti­cals, Bax­ter Bio­science and No­var­tis.

Join­ing forces with J&J in the field of gam­ma delta T cells, Dutch biotech La­va Ther­a­peu­tics has wel­comed Ben­jamin Wino­grad as CMO. Wino­grad was for­mer­ly Cel­gene’s clin­i­cal re­search and de­vel­op­ment ther­a­peu­tic area head for mul­ti­ple myelo­ma.

→ Au­toim­mune dis­ease-fo­cused IM Ther­a­peu­tics has bol­stered its se­nior man­age­ment team with Tom Shea com­ing in as CFO and COO, along with the pro­mo­tion of Sarah Bird to VP, clin­i­cal de­vel­op­ment. Shea was pre­vi­ous­ly the CFO at Im­mu­sanT, which tar­gets celi­ac dis­ease and type 1 di­a­betes, and has al­so been CFO of Al­bireo Phar­ma, Tol­erx and Cu­bist Phar­ma­ceu­ti­cals. Bird was on board at IM Ther­a­peu­tics from its found­ing as di­rec­tor, clin­i­cal de­vel­op­ment, and al­so led glob­al pro­grams when she was a clin­i­cal re­search sci­en­tist at Gilead.

Chris Mora­bito

→ Af­ter Pe­ter Lawrence took the helm as pres­i­dent and CEO in April, Car­du­ri­on Phar­ma­ceu­ti­cals has nabbed Big Phar­ma vet Chris Mora­bito as their new CMO. Mora­bito had held sev­er­al roles at Take­da the last 4 years, and was most re­cent­ly their head of R&D, plas­ma-de­rived ther­a­pies and was a key leader in the Shire ac­qui­si­tion while he was head of pipeline strat­e­gy for glob­al R&D. Be­fore Take­da, Mora­bito spent time at Sanofi and Mer­ck.

Akcea Ther­a­peu­tics, which boast­ed pos­i­tive Phase II da­ta in Jan­u­ary for their drug AKCEA-ANGPTL3-LRx in pa­tients with hy­per­triglyc­eridemia, has ap­point­ed William An­drews as CMO af­ter gain­ing Michael Price as their new CFO in May. Pri­or to his role at Akcea, An­drews had been the CMO at Ac­er Ther­a­peu­tics since 2017. He al­so pro­vid­ed con­sul­ta­tion at Aletheia Bio­sciences and held po­si­tions at Aege­ri­on Phar­ma­ceu­ti­cals.

Richard Shea is re­tir­ing from the CFO post at Syn­dax Phar­ma­ceu­ti­cals, the Waltham, MA com­pa­ny look­ing to shake off last year’s tri­al set­backs in com­bo stud­ies in­volv­ing endi­no­s­tat with Tecen­triq and Baven­cio. Shea has been re­placed by Daphne Kary­das, who gets start­ed Mon­day af­ter be­ing SVP of cor­po­rate fi­nan­cial plan­ning & analy­sis and strat­e­gy at Al­ler­gan. She be­gan her ca­reer as a project chem­i­cal en­gi­neer at Mer­ck be­fore go­ing to Gold­man Sachs as a VP fo­cused on health care.

Michael Amoroso

→ Restart­ing en­roll­ment this week for its piv­otal Phase III study of EB-101 to treat re­ces­sive dy­s­troph­ic epi­der­mol­y­sis bul­losa (RDEB), Abeona Ther­a­peu­tics has brought on Michael Amoroso to be their chief com­mer­cial of­fi­cer. Amoroso was pre­vi­ous­ly SVP and head of world­wide com­mer­cial, cell ther­a­py at Kite. He al­so held sev­er­al roles at Cel­gene and was SVP, Amer­i­c­as for the com­mer­cial on­col­o­gy busi­ness group at Ei­sai.

AVM Biotech­nol­o­gy — whose lead mol­e­cule, AVM0703, has re­ceived FDA per­mis­sion to be­gin clin­i­cal tri­als treat­ing no-op­tion Non-Hodgkin’s Lym­phoma — has tapped Janet Rea as COO. Rea hops aboard the Seat­tle-based biotech with ex­pe­ri­ence from her roles at Im­munex, MDS Phar­ma, AVI Bio­Phar­ma (now Sarep­ta) and Atossa Ther­a­peu­tics among oth­ers.

→ These days, it wouldn’t be Peer Re­view with­out some­thing from No­vavax. The new faces and pro­mo­tions keep on truck­ing as the biotech con­tin­ues to re­tool the team and make news, as they did this week with their $1.6 bil­lion Op­er­a­tion Warp Speed deal. This time it’s Frank Cz­wor­ka get­ting the nod as SVP, glob­al sales and Bri­an Webb get­ting the bump to SVP, man­u­fac­tur­ing. Cz­wor­ka had been VP, glob­al cus­tomer en­gage­ment at US Phar­ma­copeia af­ter 5 years in lead­er­ship roles at Osiris Ther­a­peu­tics. Webb joined No­vavax back in 2014 from GSK, where he was the phar­ma gi­ant’s se­nior man­ag­er, com­mer­cial man­u­fac­tur­ing.

Narinder Singh

→ Cal­i­for­nia-based Aim­mune, which won ap­proval from the FDA in Jan­u­ary with Pal­forzia to treat peanut al­ler­gy, has brought in Am­gen vet Narinder Singh to be EVP of tech­ni­cal op­er­a­tions. Singh left Geno­cea Bio­sciences, where he was SVP, phar­ma­ceu­ti­cal sci­ences and man­u­fac­tur­ing since March 2018. Af­ter 18 years in process de­vel­op­ment at Am­gen, Singh was al­so VP, drug prod­uct de­vel­op­ment & man­u­fac­tur­ing at Mo­men­ta Phar­ma­ceu­ti­cals from 2015-18.

Ab­by Bron­son

→ Less than a month af­ter nam­ing Kirsten Gruis as CMO, Col­orado-based mus­cu­loskele­tal dis­ease biotech Edge­wise Ther­a­peu­tics has made Ab­by Bron­son VP, pa­tient ad­vo­ca­cy and ex­ter­nal in­no­va­tion, a new­ly-cre­at­ed po­si­tion. For 4 years, Bron­son was pre­vi­ous­ly at Par­ent Pro­ject Mus­cu­lar Dy­s­tro­phy (PP­MD) as their SVP of re­search strat­e­gy. She’s al­so been in the clin­i­cal in­no­va­tion di­vi­sion at NIH’s Cen­ter for Ad­vanc­ing Trans­la­tion­al Sci­ences.

Organon & Co., Mer­ck’s in­tend­ed spin­off of its women’s health, lega­cy brands and biosim­i­lars busi­ness­es, has named Deb­o­rah Tel­man their gen­er­al coun­sel. An Ab­bott vet, Tel­man jumps to Organon from Sor­ren­to Ther­a­peu­tics, where she was SVP, gen­er­al coun­sel & cor­po­rate Sec­re­tary.

Denelle Wayn­ick

Denelle Wayn­ick is head­ed to MyoKar­dia, which re­vealed stel­lar Phase III da­ta in May with its HCM drug mava­camten, as gen­er­al coun­sel and cor­po­rate sec­re­tary. She re­places the re­tir­ing Cyn­thia Ladd, who had been with the South San Fran­cis­co bio­phar­ma since Jan­u­ary 2018. Wayn­ick was pre­vi­ous­ly UCB’s US gen­er­al coun­sel & head of glob­al en­ter­prise risk man­age­ment.

→ Back in ear­ly April, we not­ed the pro­mo­tion of Jesse Mc­Cool to CEO of Ok­la­homa City-based CD­MO Cy­to­vance Bi­o­log­ics. This week, they’ve en­list­ed Yuk Chun Chiu as VP of man­u­fac­tur­ing op­er­a­tions. Chiu has been as­so­ci­at­ed with some of the biggest names in the in­dus­try: Be­fore mov­ing on to Cy­to­vance, he was As­traZeneca’s di­rec­tor of man­u­fac­tur­ing and en­gi­neer­ing, and he’s al­so been group head of process an­a­lyt­i­cal tech­nol­o­gy at Bay­er.

Nor­bert Bischof­berg­er’s bio­phar­ma Kro­nos Bio, fo­cused on mod­u­lat­ing tran­scrip­tion fac­tors in can­cer, has re­cruit­ed Jen­nifer Nichol­son as VP, reg­u­la­to­ry af­fairs. Nichol­son had been with Ac­er­ta (ac­quired by As­traZeneca) as their head of reg­u­la­to­ry, specif­i­cal­ly the glob­al reg­u­la­to­ry lead for Calquence. She kicked off her reg­u­la­to­ry ca­reer at Genen­tech, where she re­mained for 11 years, even­tu­al­ly mov­ing on to roles at Jazz Phar­ma­ceu­ti­cals and Onyx Phar­ma­ceu­ti­cals.

Stephen Squin­to

→ San An­to­nio-based bioAffin­i­ty Tech­nolo­gies has named Alex­ion co-founder Stephen Squin­to vice chair­man of their board of di­rec­tors, and the can­cer di­ag­nos­tics and ther­a­peu­tics com­pa­ny al­so tapped David Elzi as VP of re­search. Squin­to is cur­rent­ly an ex­ec­u­tive part­ner with Or­biMed Health­care Fund Man­age­ment, while Elzi joined bioAffin­i­ty in 2016 as their di­rec­tor of ba­sic re­search.

→ Say­ing he wants to chan­nel his en­er­gy in­to his work at Cel­lec­tis, An­dré Chouli­ka is re­tir­ing from the board of di­rec­tors at Ca­lyxt (for­mer­ly Cel­lec­tis Plant Sci­ences). At the same time, the board named Lau­rent Arthaud as a Cel­lec­tis des­ig­nat­ed di­rec­tor. Chouli­ka co-found­ed and had chaired Ca­lyxt since 2010.

Ed­win Moses

Ed­win Moses, who as­sumed the chair­man­ship of Achilles Ther­a­peu­tics in De­cem­ber 2018, will be chair­man of the board at French hear­ing loss-fo­cused bio­phar­ma Sen­so­ri­on, suc­ceed­ing Patrick Lan­glois. Cur­rent­ly the chair­man of 2 oth­er com­pa­nies, Avan­tium and Lab­Ge­nius, Moses was the long­time CEO of Abl­ynx.

Au­dentes Ther­a­peu­tics EVP and chief op­er­at­ing of­fi­cer Thomas Soloway has hopped on the board of di­rec­tors at mi­graine-fo­cused South San Fran­cis­co biotech Sat­suma Phar­ma­ceu­ti­cals. Soloway is for­mer­ly the SVP and CFO of As­cendis Phar­ma A/S and the EVP and COO of Tran­scept Phar­ma­ceu­ti­cals.

Michael Shep­ard, one of the 3 in­ven­tors of Her­ceptin, has signed on to the board of di­rec­tors at Pa­cif­ic North­west biotech Pas­cal Bio­sciences. Shep­ard start­ed his ca­reer in 1980 at Genen­tech and has al­so been VP and CSO at Halozyme Ther­a­peu­tics.

→ Af­ter hav­ing their NASH drug elafi­bra­nor fail in a Phase III to dis­tin­guish it­self from place­bo, Gen­fit has wel­comed for­mer J&J ex­ec Kather­ine Kalin and Eli Lil­ly vet Er­ic Ba­clet to its board of di­rec­tors.

→ Ex-Cel­gene ex­ec George Golumbes­ki has joined the board of di­rec­tors at Nor­wood, MA-based biotech Cor­bus Phar­ma­ceu­ti­cals. In ad­di­tion to his time at Cel­gene, Golumbes­ki held roles at No­var­tis, Elan Phar­ma­ceu­ti­cals and Schwarz Phar­ma.

Lorenz Mayr

→ Up­start cell con­ver­sion biotech Mo­gri­fy has made the ad­di­tion of Lorenz Mayr to its board of di­rec­tors. Most re­cent­ly, Mayr served as chief tech­ni­cal of­fi­cer at GE Health­care Life Sci­ences and has had stints at As­traZeneca and No­var­tis.

→ South San Fran­cis­co cell ther­a­py play­er Al­lo­gene has added Thomas Gajew­s­ki and Stephan Grupp to their sci­en­tif­ic ad­vi­so­ry board. Gajew­s­ki is the Ab­b­Vie Foun­da­tion Pro­fes­sor in Can­cer Im­munother­a­py at the Uni­ver­si­ty of Chica­go, while Grupp is the di­rec­tor of the Can­cer Im­munother­a­py Pro­gram, di­rec­tor of trans­la­tion­al re­search for the Cen­ter for Child­hood Can­cer Re­search and med­ical di­rec­tor of the Stem Cell Lab­o­ra­to­ry at Chil­dren’s Hos­pi­tal of Philadel­phia.

→ Col­lab­o­rat­ing with Janssen Phar­ma­ceu­ti­cals to pro­pel its be.well plat­form for­ward, Alveo Tech­nolo­gies has cho­sen Justin Steb­bing for their sci­en­tif­ic ad­vi­so­ry board, join­ing fel­low mem­bers George Church, John DeVin­cen­zo and Poo­ja Goel. Steb­bing is a pro­fes­sor of can­cer med­i­cine and on­col­o­gy and con­sul­tant on­col­o­gist at Im­pe­r­i­al Col­lege Lon­don.

Has the mo­ment fi­nal­ly ar­rived for val­ue-based health­care?

RBC Capital Markets’ Healthcare Technology Analyst, Sean Dodge, spotlights a new breed of tech-enabled providers who are rapidly transforming the way clinicians deliver healthcare, and explores the key question: can this accelerating revolution overturn the US healthcare system?

Key points

Tech-enabled healthcare providers are poised to help the US transition to value, not volume, as the basis for reward.
The move to value-based care has policy momentum, but is risky and complex for clinicians.
Outsourced tech specialists are emerging to provide the required expertise, while healthcare and tech are also converging through M&A.
Value-based care remains in its early stages, but the transition is accelerating and represents a huge addressable market.

Clay Siegall, Morphimmune CEO

Up­dat­ed: Ex-Seagen chief Clay Sie­gall emerges as CEO of pri­vate biotech

Clay Siegall will be back in the CEO seat, taking the helm of a private startup working on targeted cancer therapies.

It’s been almost a year since Siegall resigned from Seagen, the biotech he co-founded and led for more than 20 years, in the wake of domestic violence allegations by his then-wife. His eventual successor, David Epstein, sold the company to Pfizer in a $43 billion deal unveiled last week.

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No­vo Nordisk oral semaglu­tide tri­al shows re­duc­tion in blood sug­ar, plus weight loss

Novo Nordisk is testing higher levels of its oral version of its GLP-1, semaglutide, and its type 2 diabetes trial results released today show reductions in blood sugar as well as weight loss.

In the Phase IIIb trial, Novo compared its oral semaglutide in 25 mg and 50 mg doses with the 14 mg version that’s currently the maximum approved dose. The trial looked at how the doses compared when added to a stable dose of one to three oral antidiabetic medicines in people with type 2 diabetes who were in need of an intensified treatment.

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Ly­me vac­cine test com­ple­tion is pushed back by a year as Pfiz­er, Val­ne­va say they'll ad­just tri­al

Valneva and Pfizer have adjusted the end date for the Phase III study of their investigational Lyme disease vaccine, pushing it back by a year after issues at a contract researcher led to thousands of US patients being dropped from the test.

In a March 20 update to, Valneva and Pfizer moved the primary completion date on the trial, called VALOR, from the end of 2024 to the end of 2025.

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Stuart Peltz, former PTC Therapeutics CEO

Stu­art Peltz re­signs as PTC Ther­a­peu­tics CEO af­ter 25 years

Stuart Peltz, the longtime CEO of PTC Therapeutics who’s led the rare disease drug developer since its founding 25 years ago, is stepping down.

Succeeding him in the top job is Matthew Klein, who joined PTC in 2019 and was promoted to chief operating officer in 2022. In a call with analysts, he said the CEO transition has been planned for “quite some time” — in fact, as part of it, he gave the company’s presentation at the JP Morgan healthcare conference earlier this year.

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Bet­ter Ther­a­peu­tics cuts 35% of staff while await­ing dig­i­tal ther­a­peu­tic ap­proval

Digital therapeutics company Better Therapeutics announced on Thursday that it’s cutting 35% of its staff as it awaits FDA clearance for its first product.

The company, which launched eight years ago, is one of a growing group of companies seeking a digital alternative to traditional medicine. The space saw a record $7.5 billion in investments in 2021, according to Chris Dokomajilar at DealForma, with uses spanning ADHD, PTSD and other indications. However, private insurers have been slow to hop on board.

FDA spells out how can­cer drug de­vel­op­ers can use one tri­al for both ac­cel­er­at­ed and full ap­provals

The FDA’s Oncology Center of Excellence has been a bright spot within the agency in terms of speeding new treatments to patients. That flexibility was on full display this morning as FDA released new draft guidance spelling out exactly how oncology drug developers can fulfill both the accelerated and full approval’s requirements with just a single randomized controlled trial.

While Congress recently passed legislation that will allow FDA to require confirmatory trials to be recruiting and ongoing prior to granting an accelerated approval, the agency is now making clear that the initial trial used to win the AA, if designed appropriately, can also serve as the trial for converting the accelerated approval into a full approval.

Zhi Hong, Brii Biosciences CEO

Brii Bio­sciences stops man­u­fac­tur­ing Covid-19 an­ti­body com­bo, plans to with­draw EUA re­quest

Brii Biosciences said it will stop manufacturing its Covid-19 antibody combination, sold in China, and is working to withdraw its emergency use authorization request in the US, which it started in October 2021.

The Beijing and North Carolina biotech commercially launched the treatment in China last July but is now axing the work and reverting resources to other “high-priority programs,” per a Friday update. The focus now is namely hepatitis B viral infection, postpartum depression and major depressive disorders.

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Three­'s a crowd as an­oth­er Kite ex­ec hits the ex­it; Surf­ing tough wa­ters, Celyad On­col­o­gy picks up new CEO

Kite Pharma is losing another exec, as Francesco Marincola leaves his post to join Flagship startup Sonata Therapeutics as CSO. Marincola served as Kite’s SVP and global head of cell therapy research, having joined the company in 2021 after a stint as CSO at Refuge Biotechnologies. Marincola has also served as a distinguished research fellow at AbbVie and spent more than two decades at the NIH and NCI. Marincola’s exit from Kite marks the third, following CEO Christi Shaw and Tecartus global program clinical lead Behzad Kharabi, who both left last month.

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