Peter Hecht recruits Bayer/Shire vet Andreas Busch for a top R&D post at his $175M biotech spinout
Image: Peter Hecht. IRONWOOD
Peter Hecht has been a busy man.
In the past two weeks he’s unveiled a whopping $175 million raise and spun out a fully formed biotech out of Ironwood — Cyclerion Therapeutics — securing a public listing for a company with 140 staffers and a pipeline of drugs presenting 4 catalysts over the course of this year. And now he’s built out his top executive team after wooing Bayer/Shire vet Andreas Busch to take the job of chief innovation officer.
Busch will be working alongside CSO Mark Currie.
Sign up to read this article for free.
Get free access to a limited number of articles, plus choose newsletters to get straight to your inbox.