Trou­bled Unum re­brands as Co­gent Bio­sciences, re­places CEO Chuck Wil­son with An­drew Rob­bins; Jen­nifer Fox ap­point­ed as CFO at David Hung-led Nu­va­tion Bio

An­drew Rob­bins

→ Rife with tur­moil and hit with a bar­rage of FDA holds as it spi­raled in­to pen­ny-stock ter­ri­to­ry, Unum Ther­a­peu­tics hopes a new name — Co­gent Bio­sciences — and a new CEO can turn its for­tunes around. An­drew Rob­bins takes con­trol now and suc­ceeds Chuck Wil­son, who found­ed Unum in 2014.

The cell ther­a­py biotech stum­bled out of the gate when it de­buted on Nas­daq in 2018 and re­vealed that 2 of its 9 pa­tients died in one arm of their AC­TR087 tri­al. The FDA would hand down 3 dif­fer­ent holds, two for AC­TR087 and an­oth­er for its ex­per­i­men­tal ther­a­py AC­TR707. Adding in­sult to in­jury, Unum shed around 60% of its work­force and jet­ti­soned its old pipeline in fa­vor of a new one a few months ago.

Wil­son, whose last of­fi­cial day at work is to­day, is get­ting $860,737.50 in sev­er­ance pay, ac­cord­ing to an SEC fil­ing, payable over 18 months. And Rob­bins gets an op­tion on 7,442,421 shares $COGT at the cur­rent price which vest over 4 years along with an an­nu­al salary of $575,000 and a bonus up to 60% of that.

Rob­bins makes his way to Co­gent Bio­sciences from Ar­ray Bio­Phar­ma, where he was their COO from 2012 un­til Pfiz­er pur­chased the com­pa­ny in 2019. He’s al­so on the board of di­rec­tors at Har­poon Ther­a­peu­tics.

Jen­nifer Fox

Nu­va­tion Bio, whose CEO David Hung has just fash­ioned an $850 mil­lion SPAC deal merg­ing with Panacea, has brought on Jen­nifer Fox as their CFO. Fox has held lead­er­ship roles in in­vest­ment bank­ing with Deutsche Bank, Bear Stearns, Bank of Amer­i­ca and Pru­den­tial, and is join­ing Nu­va­tion Bio af­ter her tenure with Cit­i­Group as man­ag­ing di­rec­tor and co-head of their health­care cor­po­rate and in­vest­ment bank­ing group.

Richard Ad­cock

Patrick Soon-Sh­iong has hand­ed the CEO reins at Nan­tK­west to Richard Ad­cock, a first-time biotech ex­ec who was at the helm of Ver­i­ty Health Sys­tems be­fore mak­ing the switch. Soon-Sh­iong, a man whose lofty am­bi­tions are of­ten jux­ta­posed with un­even re­sults through­out his ca­reer, steps aside from the top job 5 years af­ter he took Nan­tK­west pub­lic, but he will stay on as ex­ec­u­tive chair­man. Our Ja­son Mast has more per­spec­tive on the tran­si­tion here and on Soon Sh­iong’s Covid-19 cru­sade here.

→ Speak­ing of Nan­tk­west, David Pyrce has been giv­en the nod as CEO of De­va­Cell, a syn­thet­ic vec­tor ther­a­peu­tics play­er out of San Diego. Pyrce was pre­vi­ous­ly Nan­tK­west’s SVP, strat­e­gy, in­no­va­tions and chief com­mer­cial of­fi­cer, and the GSK and Bio­Marin vet found­ed Ge­nom­ic Prin­ci­ples, where he was al­so chair­man and CEO.

Stream Bio­med­ical — fo­cused on the treat­ment of acute stroke and Alzheimer’s dis­ease — has tapped William Schwi­eter­man as its CEO. Schwi­eter­man comes aboard suc­ceed­ing Gary Gage, the com­pa­ny’s founder, who will con­tin­ue to serve as COO. Schwi­eter­man for­mer­ly served at the FDA’s Cen­ter for Bi­o­log­ics and has held roles at Chelsea Ther­a­peu­tics (ac­quired by Lund­beck), Ma­teon Ther­a­peu­tics (merged with On­cotel­ic) and Per­cep­tive Ad­vi­sors.

Min Wang

Ver­sant-backed Monte Rosa Ther­a­peu­tics, fly­ing high with $96 mil­lion in a Se­ries B an­nounced last month, has three new ap­point­ments with Min Wang, COO; Ajim Tam­boli, CFO; and Jul­lian Jones, SVP, head of busi­ness de­vel­op­ment. Wang, who just held the same po­si­tion at Blue­Rock Ther­a­peu­tics, was al­so SVP, gen­er­al coun­sel at Agios and se­nior patent coun­sel at Genen­tech and Mer­ck. Tam­boli helped guide the sale of Rodin Ther­a­peu­tics to Alk­er­mes when he was Rodin’s CFO. And Jones was pre­vi­ous­ly the se­nior di­rec­tor of on­col­o­gy busi­ness de­vel­op­ment at Eli Lil­ly. Be­fore that, she was in busi­ness de­vel­op­ment and li­cens­ing at Boehringer In­gel­heim.

→ Amass­ing a nice chunk of change ($133 mil­lion) over 3 rounds — in­clud­ing one for $50 mil­lion that was an­nounced in June — South San Fran­cis­co biotech Sur­rozen has brought on Charles Williams as CFO. Since 2013, Williams had been the head of cor­po­rate de­vel­op­ment at Jazz Phar­ma­ceu­ti­cals, and he oc­cu­pied lead­er­ship roles in cor­po­rate de­vel­op­ment and fi­nance at MAP Phar­ma­ceu­ti­cals and CV Ther­a­peu­tics. Sur­rozen has 2 IND can­di­dates, one for liv­er dis­ease and the oth­er for IBD.

Michael Amoroso

→ It didn’t take long for Michael Amoroso to earn a pro­mo­tion in the wake of João Sif­fert’s de­par­ture at Abeona Ther­a­peu­tics. In Ju­ly, Amoroso head­ed to Abeona as their chief com­mer­cial of­fi­cer, and this week, he gets the bump to COO. Be­fore the Cel­gene and Sanofi vet got to the gene and cell ther­a­py biotech, Amoroso led com­mer­cial­iza­tion ef­forts for Yescar­ta at Kite and was Ei­sai’s SVP, Amer­i­c­as for the com­mer­cial on­col­o­gy busi­ness group.

→ Long­time Mer­ck vet Jef­frey Fu is em­bark­ing on a new chap­ter as CBO of New York biotech Coda­genix, which bagged a $20 mil­lion Se­ries B round in Jan­u­ary and is prepar­ing a Phase I tri­al for their Covid-19 vac­cine can­di­date CDX-005. Dur­ing his 30 years at the phar­ma gi­ant, Fu held var­i­ous lead­er­ship po­si­tions in busi­ness de­vel­op­ment, R&D and mar­ket­ing and sales. Fu wraps up his Mer­ck tenure as cor­po­rate fi­nance ex­ec­u­tive di­rec­tor, busi­ness de­vel­op­ment and as a mem­ber of the US mar­ket and glob­al vac­cines lead­er­ship teams.

Cather­ine Thut

Adel Na­da’s Boston start­up Gen­tiBio, which launched in Au­gust with $20 mil­lion worth of fund­ing, is fill­ing out its C-suite with Cather­ine Thut as CBO and Thomas Wick­ham as CSO. Thut, a No­var­tis and Mer­ck alum, moves on from her CEO post at Makana Ther­a­peu­tics, a xe­ro­trans­plan­ta­tion biotech that merged with gene edit­ing com­pa­ny Re­com­bi­net­ics ear­li­er this month. Wick­ham has been an R&D ex­ec with Mer­ri­mack Phar­ma­ceu­ti­cals and more re­cent­ly Ru­bius Ther­a­peu­tics. He was al­so se­nior di­rec­tor of pre­clin­i­cal phar­ma­col­o­gy at EMD Serono.

Flo­rence Lor­get

→ A French biotech that launched last week is adding to their per­son­nel as their AAV gene ther­a­py tar­gets re­tini­tis pig­men­tosa: Spar­ingVi­sion has fo­cused their eyes on Flo­rence Lor­get as chief de­vel­op­ment sci­ences of­fi­cer and Ra­jiv Gan­gurde as chief tech­nol­o­gy of­fi­cer. Lor­get, who got her start at Am­gen and was a se­nior sci­en­tist at Bio­Marin and Genen­tech, leaves her role at Sang­amo as se­nior di­rec­tor of non­clin­i­cal safe­ty eval­u­a­tion. Gan­gurde heads over to Spar­ingVi­sion from Voy­ager Ther­a­peu­tics, where he was the Cam­bridge biotech’s se­nior di­rec­tor and head of CMC.

QurAlis, fo­cused on the de­vel­op­ment of treat­ments for ALS and oth­er neu­ro­log­ic dis­eases, has en­list­ed An­gela Genge as CMO. Genge pre­vi­ous­ly served as a clin­i­cal in­ves­ti­ga­tor in No­var­tis‘ Glob­al Neu­ro­science Clin­i­cal De­vel­op­ment Unit in ad­di­tion to di­rect­ing clin­ics at Mon­tre­al Neu­ro­log­i­cal Hos­pi­tal.

→ Plug­ging away in the hema­tol­ogy and on­col­o­gy spaces, with its PLK1 in­hibitor CYC140 for pa­tients with ad­vanced leukemias and MDS among those in the pipeline, NJ-based Cy­cla­cel Phar­ma­ceu­ti­cals has named Mark Kirschbaum CMO. He was pre­vi­ous­ly Ar­Qule’s VP of hema­tol­ogy and on­col­o­gy and has been a se­nior med­ical di­rec­tor in glob­al clin­i­cal de­vel­op­ment with Dai­ichi Sankyo, Tai­ho Phar­ma­ceu­ti­cals and BeiGene.

Jane Robert­son

→ Can­cer and fi­bro­sis-fo­cused Redx Phar­ma has re­cruit­ed Jane Robert­son as its CMO. Robert­son is tak­ing over for An­drew Saun­ders, who’s hit­ting the ex­it to pur­sue oth­er op­por­tu­ni­ties. Cur­rent­ly, Robert­son serves as CMO at Achilles Ther­a­peu­tics and has pre­vi­ous­ly held a stint at As­traZeneca On­col­o­gy.

→ France’s ERY­TECH Phar­ma — which teamed up for a $57 mil­lion cell ther­a­py deal with SQZ Biotech last June — has named Stew­art Craig as its chief tech­ni­cal of­fi­cer. Craig joins the com­pa­ny with ex­pe­ri­ence as chief man­u­fac­tur­ing of­fi­cer at Or­chard Ther­a­peu­tics, as well as roles at Stem­cells, PCT Cell Ther­a­py Ser­vices and Xcyte Ther­a­pies.

Josefin-Beate Holz

Tol­ga Has­san and Josefin-Beate Holz have been in­stalled at Dan­ish biotech Syn­kli­no as CFO and CMO, re­spec­tive­ly. Has­san makes his way to Syn­kli­no, de­vel­op­ing drugs to treat cy­tomegalovirus (CMV) in­fec­tions, af­ter 7 years at F-star Ther­a­peu­tics, first as CFO and then as COO. Holz brings CMO ex­pe­ri­ence from Storm Ther­a­peu­tics, Ca­lyp­so Biotech and Abl­ynx, and she was a project man­age­ment VP at LEO Phar­ma.

→ Af­ter bring­ing in Yann Maz­abraud as their EVP, head of in­ter­na­tion­al last month, Boston biotech Rhythm Phar­ma­ceu­ti­cals is now reel­ing in Jen­nifer Chien as EVP, head of North Amer­i­ca. Chien joins the com­pa­ny af­ter a stint as CCO at Krys­tal Biotech. Pri­or to her time at Krys­tal, Chien served in a va­ri­ety of roles at Sanofi Gen­zyme, in­clud­ing VP, head of ge­net­ic dis­eases.

→ It’s been a busy few months of fill­ing lead­er­ship po­si­tions at Chi­na-based rare dis­ease and on­col­o­gy play­er CAN­bridge Phar­ma­ceu­ti­cals. Af­ter nail­ing down an act­ing CSO in Richard Gre­go­ry and a glob­al head of BD in Car­rie Ann Cook, CAN­Bridge has ap­point­ed Yunx­i­ang Zhu as their head of glob­al re­search. Zhu has spent the last 2 years as an SVP at Shenogen Phar­ma Group out of Bei­jing, and he is a long­time Gen­zyme vet whose re­search was in­stru­men­tal in de­vel­op­ing aval­glu­cosi­dase al­fa, Sanofi’s en­zyme re­place­ment ther­a­py for Pompe dis­ease. The EMA just ac­cept­ed for re­view a mar­ket­ing au­tho­riza­tion ap­pli­ca­tion for the ther­a­py ear­li­er this month.

Don Healey

→ A month af­ter nab­bing Nick Har­vey as their CFO, Adicet Bio has tapped Don Healey as their chief tech­nol­o­gy of­fi­cer. Be­fore mov­ing to the Men­lo Park, CA-based biotech start­up, which de­vel­ops al­lo­gene­ic gam­ma delta T cell ther­a­pies, Healey was SVP, op­er­a­tions and site head at KBI Bio­phar­ma. Be­fore this, he spent more than 10 years at Opexa Ther­a­peu­tics, in­clud­ing 7 as their CSO.

→ Dutch biotech Sapreme, fo­cused on macro­mol­e­cule ther­a­peu­tics, has wel­comed Miri­am Bu­jny as their chief de­vel­op­ment of­fi­cer. Bu­jny was re­cent­ly at Dutch RNA play­er Pro­QR Ther­a­peu­tics, where she was their se­nior di­rec­tor of R&D. She was al­so at Janssen from 2012-16, lead­ing the pre­dic­tive bio­mark­er de­part­ment at the Janssen Pre­ven­tion Cen­ter.

Mi­na Pasta­gia

Mi­na Pasta­gia has been cho­sen as VP of clin­i­cal de­vel­op­ment at Ar­ma­ta Phar­ma­ceu­ti­cals, which is de­vel­op­ing bac­te­rio­phage ther­a­peu­tics such as AP-PA02 for Pseudomonas aerug­i­nosa in­fec­tions in pa­tients with cys­tic fi­bro­sis. Pasta­gia has just com­plet­ed 3 years at Janssen as se­nior med­ical di­rec­tor, in­fec­tious dis­eases and vac­cines, and be­fore that, she was the trans­la­tion­al med­i­cine leader in in­fec­tious dis­eases, im­munol­o­gy and in­flam­ma­tion at Roche.

→ Austin-based gene ther­a­py biotech Gen­prex has pro­mot­ed Er­ic Chapde­laine to VP of man­u­fac­tur­ing. Chapde­laine jumped aboard last year at Gen­prex, where he start­ed as their se­nior di­rec­tor of phar­ma­ceu­ti­cal sci­ences and man­u­fac­tur­ing. He’s al­so been in qual­i­ty con­trol, CMC and man­u­fac­tur­ing at Al­ny­lam and Gen­zyme.

→ Af­ter choos­ing a new CBO, CFO and CMO in short or­der, Boul­der, CO biotech Edge­wise Ther­a­peu­tics keeps the new per­son­nel com­ing with John Moore as gen­er­al coun­sel. Moore jumps to Edge­wise from Pelo­ton Ther­a­peu­tics, where he was gen­er­al coun­sel and sec­re­tary, and for 15 years he held the same posts at Ar­ray Bio­Phar­ma.

James Cor­nelius

James Cor­nelius has been elect­ed to the board of di­rec­tors at drug dis­cov­ery play­er MBX Bio­sciences, which tar­gets rare en­docrine dis­eases. Un­til 2015, Cor­nelius was non-ex­ec­u­tive chair­man at Bris­tol My­ers Squibb af­ter his 2010 re­tire­ment as the Big Phar­ma’s CEO.

→ Ef­fec­tive Sun­day, Robert Ti­jan will re­sign from the board of di­rec­tors at Nurix Ther­a­peu­tics in or­der to chair their sci­en­tif­ic ad­vi­so­ry board. Ti­jan, the for­mer pres­i­dent of the Howard Hugh­es Med­ical In­sti­tute, is a pro­fes­sor of bio­chem­istry and mol­e­c­u­lar bi­ol­o­gy at Cal-Berke­ley.

Brett Mo­nia

Cog­ni­tion Ther­a­peu­tics, which fo­cus­es on neu­rode­gen­er­a­tive and neu­ro-oph­thalmic dis­or­ders and re­ceived a $76 mil­lion grant from the NIH in June, has added Brett Mo­nia to its board of di­rec­tors. Mo­nia was pro­mot­ed to CEO of Io­n­is this year af­ter 2 years as their COO.

Duke spin­out Evecx­ia has brought on Thomas Aasen to its board of di­rec­tors.  Pre­vi­ous­ly, Aasen served as EVP, CFO, CBO and trea­sur­er of ACA­DIA.

→ Mi­cro­bial im­munother­a­py biotech Prokar­i­um out of Lon­don has brought in Hyam Lev­it­sky as a mem­ber of their board if di­rec­tors. A Roche and Juno vet, Lev­it­sky leads R&D at Cen­tu­ry Ther­a­peu­tics.

Health­care Dis­par­i­ties and Sick­le Cell Dis­ease

In the complicated U.S. healthcare system, navigating a serious illness such as cancer or heart disease can be remarkably challenging for patients and caregivers. When that illness is classified as a rare disease, those challenges can become even more acute. And when that rare disease occurs in a population that experiences health disparities, such as people with sickle cell disease (SCD) who are primarily Black and Latino, challenges can become almost insurmountable.

The End­points 11: They've got mad mon­ey and huge am­bi­tions. It's time to go big or go home

These days, selecting a group of private biotechs for the Endpoints 11 spotlight begins with a sprint to get ahead of IPOs and the M&A teams at Big Pharma. I’ve had a couple of faceplants earlier this year, watching some of the biotechs on my short list choose a quick leap onto Nasdaq or into the arms of a buyer.

Vividion, you would have been a great pick for the Endpoints 11. I’m sorry I missed you.

Endpoints Premium

Premium subscription required

Unlock this article along with other benefits by subscribing to one of our paid plans.

Dave Lennon, former president of Novartis Gene Therapies

So what hap­pened with No­var­tis Gene Ther­a­pies? Here's your an­swer

Over the last couple of days it’s become clear that the gene therapy division at Novartis has quietly undergone a major reorganization. We learned on Monday that Dave Lennon, who had pursued a high-profile role as president of the unit with 1,500 people, had left the pharma giant to take over as CEO of a startup.

Like a lot of the majors, Novartis is an open highway for head hunters, or anyone looking to staff a startup. So that was news but not completely unexpected.

Endpoints Premium

Premium subscription required

Unlock this article along with other benefits by subscribing to one of our paid plans.

Jacob Van Naarden (Eli Lilly)

Ex­clu­sives: Eli Lil­ly out to crash the megablock­buster PD-(L)1 par­ty with 'dis­rup­tive' pric­ing; re­veals can­cer biotech buy­out

It’s taken 7 years, but Eli Lilly is promising to finally start hammering the small and affluent PD-(L)1 club with a “disruptive” pricing strategy for their checkpoint therapy allied with China’s Innovent.

Lilly in-licensed global rights to sintilimab a year ago, building on the China alliance they have with Innovent. That cost the pharma giant $200 million in cash upfront, which they plan to capitalize on now with a long-awaited plan to bust up the high-price market in lung cancer and other cancers that have created a market worth tens of billions of dollars.

Endpoints Premium

Premium subscription required

Unlock this article along with other benefits by subscribing to one of our paid plans.

Who are the women su­per­charg­ing bio­phar­ma R&D? Nom­i­nate them for this year's spe­cial re­port

The biotech industry has faced repeated calls to diversify its workforce — and in the last year, those calls got a lot louder. Though women account for just under half of all biotech employees around the world, they occupy very few places in C-suites, and even fewer make it to the helm.

Some companies are listening, according to a recent BIO survey which showed that this year’s companies were 2.5 times more likely to have a diversity and inclusion program compared to last year’s sample. But we still have a long way to go. Women represent just 31% of biotech executives, BIO reported. And those numbers are even more stark for women of color.

FDA+ roundup: Bs­U­FA III ready for show­time, court tells FDA to re-work com­pound­ing plan, new guid­ance up­dates and more

The FDA has now spelled out what exactly will be included in the third iteration of Biosimilar User Fee Act (BsUFA) from 2023 through 2027, which similarly to the prescription drug deal, sets fees that industry has to pay for submitting applications, in exchange for firm timelines that the agency must meet.

This latest deal includes several sweeteners for the biosimilar industry, which has yet to make great strides in the US market, with shorter review timelines for safety labeling updates and updates to add or remove an indication that does not contain efficacy data.

Endpoints Premium

Premium subscription required

Unlock this article along with other benefits by subscribing to one of our paid plans.

Jean Bennett (Brent N. Clarke/Invision/AP Images)

Lux­tur­na in­ven­tor Jean Ben­nett starts a new gene ther­a­py com­pa­ny to tack­le rare dis­eases left be­hind by phar­ma, VCs

A few years ago Jean Bennett found herself in a surprising place for a woman who invented the first gene therapy ever approved in the United States: No one, it seemed, wanted her work.

Bennett, who designed and co-developed Luxturna, approved in 2018 for a rare form of blindness, had kept building new gene therapies for eye diseases at her University of Pennsylvania lab. But although the results in animals looked promising, pharma companies and investors kept turning down the pedigreed ophthalmology professor.

Endpoints News

Keep reading Endpoints with a free subscription

Unlock this story instantly and join 117,900+ biopharma pros reading Endpoints daily — and it's free.

Maureen Hillenmeyer, Hexagon Bio CEO

Hexa­gon Bio rais­es $61M to con­tin­ue ef­forts to turn fun­gi in­to drugs

A year after raising a $47 million launch round, the fungi-loving drug hunters at Hexagon Bio have more than doubled their coffers.

Hexagon announced today that it raised another $61 million for its efforts to design cancer and infectious disease drugs based on insights mined from the DNA in millions of species of fungi. The new financing brings Hexagon’s committed funding to over $108 million.

David Meek, new Mirati CEO (Marlene Awaad/Bloomberg via Getty Images)

Fresh off Fer­Gene's melt­down, David Meek takes over at Mi­rati with lead KRAS drug rac­ing to an ap­proval

In the insular world of biotech, a spectacular failure can sometimes stay on any executive’s record for a long time. But for David Meek, the man at the helm of FerGene’s recent implosion, two questionable exits made way for what could be an excellent rebound.

Meek, most recently FerGene’s CEO and a past head at Ipsen, has become CEO at Mirati Therapeutics, taking the reins from founding CEO Charles Baum, who will step over into the role of president and head of R&D, according to a release.