Cecilia Jones
When
Cecilia Jones
started at
Genzyme
, there was next to nothing in Kendall Square.
“It was just us,” Jones said. “There wasn’t much to even go for lunch.”
Jones would work in Cambridge, MA, for the next 17 years — spending seven at Genzyme and 10 at
Biogen
, where she would go on to hold a VP role in finance — as Kendall Square and Cambridge grew into a biotech hub.
“It’s like night and day,” Jones said of the area now.
On Monday, Jones will return to Cambridge as the CFO of
Agios
, following a two-year stint at
LogicBio
(located less than 10 miles outside Cambridge).
Jones joins Agios as the biotech is going through a period of continuous churn. In late 2020, Agios announced
it was selling off its entire cancer portfolio
, including
Tibsovo
, an AML drug. Since then, it has pivoted to rare diseases, starting with
Pyrukynd
, a drug for pyruvate kinase deficiency, which got its
first approval in February of this year
.
In May, amid a larger market downturn,
Agios laid off some 50 employees
, and then in July, its CSO
Bruce Car
departed. Soon after,
Jackie Fouse
handed the CEO seat to
Brian Goff
, as Fouse transitioned to board chair.
When asked about the turnover at Agios, Jones said, “I asked them the same questions.”
But for Jones, Agios’ new look as a rare disease biotech was an attracting factor. She first worked in rare diseases at Genzyme, where she said she developed her passion for the field. “To me, being part of an organization that has the potential to make this positive impact on people with rare and genetically-defined diseases is incredibly rewarding. Obviously I don’t discover drugs, I don’t work in the lab, but I support the groups that do that,” Jones said.
On Goff coming on as CEO, Jones said, “That was actually one of the things that attracted me to the job too, is Brian has a lot of rare disease expertise and commercial experience with launching rare disease drugs, so I think he was a perfect fit to try to lead the company in the next phases.”
Jones moved to the US in 2000 to get her MBA from Harvard Business School. After graduating, she decided to stay in the US and landed her first job at Genzyme. “I had no background in biotech and had never worked in pharma or anything like that,” Jones said. “It was a completely new challenge for me. And this was also 20 years ago — I feel like biotech has become much more popular and much more known.”
“In Argentina,” Jones said, where she grew up, “definitely, biotech was very nascent, and nobody knew much about it.”
But Jones has stayed with the Boston-area biotechs.
“I question that every winter,” Jones joked. She then added, “I’ve stayed very loyal to Massachusetts. I still have my Argentina roots, and I do go back home every year, but it’s been 22 years now.”
—
Lei Lei Wu
Jay Backstrom
→
Scholar Rock
founder
Nagesh Mahanthappa
took it upon himself to fill in as CEO when
Tony Kingsley
ultimately left for
Versant
protein stabilization biotech
Stablix
. But he’ll soon
roll out the welcome mat
for new chief executive
Jay Backstrom
, the R&D chief at
Acceleron
before
Merck
’s
$11.5 billion M&A play
last year. The ex-
Celgene
CMO and head of global regulatory affairs also adds to his collection of board appointments, which includes
Autolus Therapeutics
,
Be Biopharma
,
Disc Medicine
and
Lava Therapeutics
. When Backstrom gets settled on Oct. 20, Mahanthappa will relinquish his seat on the board of directors and become a strategic advisor.
Rogers Yongqing Luo
→
Everest Medicines
has quickly filled
the CEO slot that
Kerry Blanchard
left vacant in late August.
Rogers Yongqing Luo
had spent the last two years as president and general manager for Greater China at
Brii Biosciences
, and he helped get eight drugs past the finish line as Everest partner
Gilead
’s global VP and China general manager. In June, Everest
celebrated
its
Trodelvy
approval in China, and Gilead
then shelled out $280 million upfront
for rights to the drug in China and select countries in Asia. Ten days after the deal was made, Blanchard
called it quits
.
Mark Rothera
→
Mark Rothera
has resurfaced
as president and CEO of San Diego cancer biotech
Viracta Therapeutics
. In February, Rothera stepped aside as chief executive of UK RNAi player
Silence Therapeutics
and left his CFO,
Craig Tooman
, in charge with little explanation, but our Max Gelman
indicated
that Tooman’s M&A credentials could’ve been a factor in his appointment. Silence has cycled through a number of CEOs in the last five years, from
Ali Mortazavi
to
David Horn Solomon
(now with
Pharnext
) to Rothera’s appointment in September 2020 after his stint as CEO of
Orchard Therapeutics
. Viracta’s lead program, a combination of
nanatinostat
and
valganciclovir
(
nana-val
), is in a Phase II trial for relapsed/refractory Epstein-Barr virus-positive lymphoma.
Abigail Jenkins
→ A new era has dawned at
Gamida Cell
, where
Julian Adams
is retiring and
Abigail Jenkins
has replaced him as president and CEO. Formerly the chief commercial and business officer at
Lyndra Therapeutics
, Jenkins was business unit head of vaccines at
Emergent BioSolutions
, exiting the Baltimore company just as things
really started to go sideways with the production
of
J&J’
s Covid-19 jab. Gamida Cell’s decision day with the FDA on its cell therapy
omidubicel
is Jan. 30, 2023. Amber Tong
has more on Adams’ retirement
.
Matthias Alder
→
Gain Therapeutics
has promoted
Matthias Alder
to CEO, as
Eric Richman
concentrates on his duties as a board member and senior advisor. As we pointed out at the time, Alder came to the protein misfolding biotech almost a year ago as COO,
moving on from
his CBO post at
Autolus
. From 2014-17, he was EVP, business development & licensing, general counsel and corporate secretary for
Sucampo Pharmaceuticals
. Richman is a 12-year
MedImmune
vet who took over as Gain’s CEO in July 2020 and guided the Bethesda, MD biotech to its modest IPO in March 2021, but its stock
$GANX
has taken a beating ever since, an unsurprising turn of events in the current bear market.
Jodie Morrison
→ There’s a changing of the guard at
Q32 Bio
, now teaming up with
Horizon
on the anti-IL-7Rα antibody
ADX-914
:
Atlas Venture
partner
Jodie Morrison
has been named
acting CEO as former
Goldfinch Bio
exec
Michael Broxson
walks out the door. Morrison — the former chief executive at
Cadent Therapeutics
until it was sold to
Novartis
— takes a seat on the board and she’ll also preside over Q32 Bio’s program for complement disorders,
ADX-097
, which is in an early-stage trial.
→ One week removed from ex-
Trillium
chief
Jan Skvarka
’s
appointment
to the board of directors,
Zentalis
has poached
Carrie Brownstein
from
Cellectis
, naming her CMO. While she was medical chief at Cellectis, Brownstein started her tenure inauspiciously when a patient death
prompted a clinical hold
of the French biotech’s off-the-shelf CAR-T drug for multiple myeloma, a study that would resume four months later. Brownstein, a former senior medical director at
Roche
and a
Regeneron
oncology vet, was VP of global clinical R&D during her three years at Celgene.
Piyush Sharma
→
Alnylam
has made a pair
of appointments
as it claims a win
with
patisiran
in ATTR amyloidosis with cardiomyopathy.
Piyush Sharma
(chief ethics & compliance officer) is a
Pfizer
alum who was head of compliance at
Alexion
once it became part of the
AstraZeneca
universe. And
Evan Lippman
(Alnylam’s first chief corporate development and strategy officer) says goodbye to
Alessandro Riva
’s crew at
Intima Bioscience
, where he was president and COO. During a four-year run with
Takeda
, Lippman served as SVP, head of corporate development, M&A and valuation.
Eliseo Salinas
→
Eliseo Salinas
’ next landing spot is with
Delix Therapeutics
, the Boston neuro biotech that launched in 2019 and
nabbed $70 million
in Series A financing almost exactly a year ago. Salinas,
who signed on
as R&D chief at Delix, had the same title at
Passage Bio
and split the scene
in the midst of a reorg
in March that refocused the pipeline and shaved off 13% of the staff. (CEO
Bruce Goldsmith
would later step down.) In May 2021, Salinas
took over as interim medical chief
when
Gary Romano
resigned mere days after CFO
Richard Morris
also decided to pack his bags. Prior to his time at Passage Bio, Salinas was CSO at
Shire
and
Acadia Pharmaceuticals
.
Lisa French
→ Pulled to the surface from the quicksand of bankruptcy and opioid litigation,
Mallinckrodt
has recruited
Lisa French
as chief commercial officer after
last week’s FDA approval
of
terlipressin
. French replaces
Hugh O’Neill
and comes from Merck spinoff
Organon
, where she was the US women’s health business unit lead. She had a nearly 30-year career with the pharma giant that concluded as associate VP, US marketing lead for the HPV franchise before her move to Organon. Branded as
Terlivaz
, terlipressin earned the OK for adults with hepatorenal syndrome, but it does come with a black box warning.
Shulamit Ron-Bigger
→
Aktis Oncology
is on easy street — first house down — following an
$84 million raise in late August
, and as the radiopharmaceuticals space continues to heat up,
Matthew Roden
’s squad
has installed
Shulamit Ron-Bigger
as COO. Leaving Big Pharma behind, Ron-Bigger had led strategy and operations for
Bristol Myers Squibb
’s research and early development organization.
Glenn Pauly
→ As
Alzheon
touts its Alzheimer’s drug
ALZ-801
without any clinical data
to show for it — and the Framingham, MA biotech has a penchant
for patting itself on the back a bit too hard
with the data it does gather —
it’s enlisted
Glenn Pauly
as head of commercial. Pauly has familiarity with the space from his days at Biogen, where he was US western division general manager and VP in charge of commercialization for the ill-fated Alzheimer’s drug
Aduhelm
. After holding sales roles at
Genentech
from 2008-17, Pauly became AstraZeneca’s senior director, market access, respiratory biologics.
Gemma Brown
→ AstraZeneca’s Covid-19 partner
Vaccitech
has elevated
Gemma Brown
to CFO after a year as the Oxford spinout’s head of financial reporting. Brown had previously held a number of roles, including senior manager at
EY
from 2012-21. Despite AstraZeneca’s
clash with the EU
on supply issues, and
concerns over blood clots
with the Covid-19 vaccine it co-invented,
Vaccitech’s IPO
exceeded nine figures in April 2021, but its stock
$VACC
is down more than 75% since its Nasdaq debut. Regarding the development of
Vaxzevria
, AstraZeneca CEO
Pascal Soriot
told the BBC
in June, “I don’t think I would do anything differently from what we did.”
Phillip Samayoa
→ Coming off a major letdown
with its hemophilia A gene therapy
in which shares were routed,
Generation Bio
has promoted
Phillip Samayoa
to chief strategy officer. When he was a principal at Atlas Venture from 2016-18, Samayoa co-founded Generation Bio and
Dyne Therapeutics
, joining Generation Bio’s team as senior director (and then VP) of strategy and portfolio development. After co-founding
Codiak BioSciences
during his time at
Flagship Pioneering
, Samayoa jumped over to Merck as director of
MRL Ventures Fund
.
→ To start this month,
Ashleigh Palmer
’s
Provention Bio
took out a $125 million loan
with
Hercules Capital
before the FDA reaches a verdict on the BLA resubmission for anti-CD3 type 1 diabetes drug
teplizumab
. This week the New Jersey biotech
has lined up
NIBR
human resources vet
Sarah O’Brien
as chief people officer. The former head of HR in North America for
Sobi
, O’Brien had been chief people officer before with
Relay Therapeutics
and, since last year,
Ardelyx
. Provention is trying to get off the mat with teplizumab
after receiving a CRL
for the ex-
Eli Lilly
drug in July 2021.
Cindy Cao
→
Cindy Cao
has replaced
Bill Tente
as chief regulatory officer of
Humacyte
, although Tente will stick around at the
Laura Niklason
-led regenerative medicine shop as an executive advisor. She had led regulatory affairs and quality assurance at
Ascentage Pharma
since 2018, but Cao has plenty of Big Pharma experience from
Sanofi
,
Novo Nordisk
and Bristol Myers. One more quick note: Former Air Force Surgeon General
Bruce Green
has joined Humacyte’s board of directors.
→ Returning from a nearly two-year break that he described on his LinkedIn as, “Retired. Golfed. Shaved a few strokes off my handicap,” ex-Shire HR chief
Peter Lasky
is making all the clutch putts
as chief people officer
of Waltham, MA antibody biotech
DynamiCure
. Before he worked on his golf game, Lasky was SVP, human resources at
Deciphera
and the chief HR officer at
Wave Life Sciences
.
Oliver Ernst
→
Neuway Pharma,
which is working on new ways of delivering drugs to the brain,
is ushering in
some new changes to its exec team with the promotion of
Oliver Ernst
to CEO and the appointment of
Thomas
Christoph
as chief development officer. Ernst joined Neuway in 2019 as COO and managing director — having formerly served in roles at
Brainlab
and
BASF
. Ernst takes over the reins from co-founder
Heiko
Manninga
, who will continue to serve as CSO and managing director. Meanwhile, Christoph joins the German company from
Gruenenthal
, where he led pharmacology and preclinical development teams.
Ruth Thieroff-Ekerdt
→ Aging-focused
Cambrian BioPharma
has pulled in
Ruth Thieroff-Ekerdt
as EVP of clinical development. Thieroff-Ekerdt formerly served as scientific advisor at
Organon
and acting CMO at
Forendo
. Her career also spans stints as CMO at
Sojournix
,
Aptalis
,
Strongbridge
and
Kaleido
, and R&D roles at
Bayer
.
→ Université Libre de Bruxelles spinoff
NeuVasQ Biotechnologies
has locked in
Emmanuel Lacroix
as CEO and company director. Lacroix hails from
UCB
Ventures
, where he was founding VP and partner. Earlier in his career, Lacroix was with
UCB
and Cellectis.
Beth Burnside
→ Austin, TX-based
Maxwell Biosciences
has brought aboard
three new execs with the appointments of
Tony Verco
(CMO),
Beth Burnside
(SVP of R&D strategy), and
Donald Treacy
(SVP, development operations). Verco joins up with the team at Maxwell with experience from roles at
Shelton Clinical Research
Consultants
,
Medwell
Capital
,
Endpoint Research
and AstraZeneca. Meanwhile, Burnside has had gigs at
Lowery Creek Consulting
,
QRxPharma
,
MiddleBrook Pharmaceuticals
and Shire; while Treacy has served at
Magothy Consulting Group
(CEO), MiddleBrook Pharmaceuticals (SVP of development and manufacturing operations), and Shire (senior director of analytical sciences).
Scott Chaplin
→
Berkeley Lights
is bringing in some firepower
with the appointment of
Scott Chaplin
as chief legal officer and corporate secretary. Chaplin joins from
Shield
AI
, where he was chief legal and people officer. Prior to Shield, Chaplin was with
Vista Outdoor
,
Alliant Techsystems
and
Stanley
.
→ CDMO
ViroCell
has brought on
Susan Nichols
as CBO. Nichols currently has a seat on the board of the Alliance for Regenerative Medicine. Nichols brings experience from her time as an executive officer at
Propel BioSciences
and CEO of
Falcon
Therapeutics
.
Sek Kathiresan
→
Jason Coloma
’s
Maze Therapeutics
has reserved space
for
Verve Therapeutics
CEO
Sek Kathiresan
on the board of directors. Verve’s
Phase Ib trial is ongoing
with its cardiovascular drug — a single base editor named
VERVE-101
— and Kathiresan’s crew
has teamed up with
Vertex
in a gene editing deal worth $60 million upfront.
→
Charles Baltic
is succeeding
Christine White
as chair of
MEI Pharma
’s board. A board member at the San Diego cancer biotech since 2011, Baltic had been a senior advisor with
Needham & Company,
where he was also managing director and co-head of healthcare banking.
Eric Ende
→
Eric Ende
will take over for
Herbert Conrad
as chairman of
Matinas BioPharma
on Oct. 1, although Conrad will stay on the board. Ende, an ex-
Merrill Lynch
biotech analyst, also sits on the boards of
Avadel Pharmaceuticals
and
NeuBase Therapeutics
.
→ One of the few biotechs willing to brave the Nasdaq elements
with an IPO this year
,
PepGen
has welcomed
Habib Dable
to the board of directors. This is the third time in as many months that the former Acceleron CEO has popped up in this part of Peer Review after board appointments at
Blueprint Medicines
and
Albireo
.
Lauren Silvernail
→
Under the leadership of CEO
Julie Eastland
,
Harpoon Therapeutics
has elected
ex-
Revance
CFO and CBO
Lauren Silvernail
to the board of directors. The
Allergan
vet just spent four years as CFO and EVP of corporate development at
Evolus
.
→
Winston Kung
is headed to
the board of directors at
Merck’s T cell engager partner
Janux Therapeutics
. Kung is a Celgene vet who handles the roles of COO and CFO at p53 biotech
PMV Pharma
.
→ CNS-focused
Pasithea Therapeutics
has brought in
ex-
Biosense
CEO
Alfred Novak
to the board of directors after
Yassine Bendiabdallah
’s exit. Last week, Pasithea named
Merit Cudkowicz
to its scientific advisory board.