Giuseppe Ciaramella, the leader of Moderna Therapeutics’ infectious diseases business, has jumped to an as yet unnamed “stealth-mode biotech startup,” leaving a long list of clinical programs behind, according to healthcare news site STAT.
As CSO of the vaccines business, Ciaramella was responsible for Moderna’s most advanced programs, including vaccines against CMV, HMPV/PIV3, influenza, Zika and chikungunya, as well as undisclosed targets under a Merck partnership.
Ciaramella joined the mRNA biotech back in 2014. He has about two decades of biopharma industry experience, having previously served at AstraZeneca, Boehringer Ingelheim, Pfizer and Merck, with a focus on antivirals and biotherapeutics.
He was tasked to lead Valera, part of the Moderna family, when the unicorn biotech launched it in early 2015 to focus exclusively on prophylactic and therapeutic vaccines against infectious diseases. But the biotech later ditched the venture-based R&D model in favor of a therapeutic area-oriented approach, bringing all four units, Valera included, under one single corporation.
Moderna actually used its mRNA-based H10N8 flu vaccine as the first clinical project to lay the groundwork for its entire pipeline. At least according to CMO Tal Zaks, M.D., Ph.D., interim data from a phase 1 study released last April “provide important validation of our core mRNA platform.”
In 2016, the company received an award of up to $125 million from the Biomedical Advanced Research and Development Authority for the development of Zika vaccines. The more advanced Zika candidate it in-licensed, mRNA-1325, is expected to have a phase 1 readout later this year, and the company also has a preclinical backup made of its proprietary formulations.
Other than those programs, Moderna pushed a chikungunya vaccine into the clinic last August with financial backing from the Department of Defense’s Defense Advanced Research Projects Agency. It also advanced a CMV vaccine and a HMPV/PIV3 combination vaccine into human testing in November and December, respectively.
The news, first broken by STAT, could add to questions around the biotech’s technology. It comes after a trio of top R&D departures from the biotech last year: Matthew Staton, Ph.D., who was head of chemistry; Barry Ticho, M.D., Ph.D., who once headed up cardiovascular and metabolic diseases; and Arian Pano, Ph.D., who led clinical development for rare diseases.
Despite the doubts, Moderna still retains the charm to attract big investments, having just raised $500 million in a series G round to reach a value of $7 billion.
It is unclear why Ciaramella left, and Moderna didn’t immediately respond to a request for confirmation. Ciaramella’s LinkedIn page already shows him as the CSO of a “stealth mode biotech startup” since February. His name also disappeared from Moderna’s website.
By Angus Lui
Source: Fierce Pharma
Giovanni Caforio, the former CEO of Bristol Myers Squibb, is set to become the next board chairman of Novartis, which on Tuesday proposed the pharmaceutical industry veteran as its pick to replace Joerg Reinhardt in the role next year. Reinhardt has served as Novartis’ chair since 2013 and plans to retire when his 12-year term ends in 2025.
GE HealthCare has raised the curtain on two ultrasound systems equipped with artificial intelligence programs designed to assist in diagnosing conditions in women’s health, including obstetric exams. The Voluson Signature 20 and 18 imaging systems include AI tools capable of automatically identifying and annotating measurements of fetal anatomy.
Scientists from the University of Edinburgh’s School of Chemistry have revealed a new sustainable method of manufacturing complex molecules that could reduce waste produced during drug production. The method published in Nature Chemistry could help to prevent severe side effects caused by drugs that can exist as enantiomers.
