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.

In order to read this article, you must be an Endpoints News subscriber. (It's free to subscribe.)

← Go back

We produce two daily email newsletters designed to give you a complete picture of what's important in biopharma. It's free to subscribe and never any spam. Join 47,300+ biopharma executives who read Endpoints News every day.

Access is subject to the terms in our Privacy Policy.

The best place to read Endpoints News? In your inbox.

Comprehensive daily news report for those who discover, develop, and market drugs. Join 47,300+ biopharma pros who read Endpoints News by email every day.

Free Subscription

Research Scientist - Immunology
Recursion Pharmaceuticals Salt Lake City, UT
Director of Operations
Atlas Venture Cambridge, MA

Visit Endpoints Careers ->