Sector News

Relay adds execs as it transitions to the development stage

December 5, 2018
Life sciences

Former Fierce 15 winner Relay Therapeutics has brought on Verastem’s Mahesh Padval, Ph.D., and Eli Lilly’s Mary Mader, Ph.D., to boost its drug discovery and development operations in oncology as it begins to transition to an R&D-stage biotech.

Padval was appointed as Relay’s senior VP of pharmaceutical drug development, while Mader was named VP of chemistry.

At Verastem, Padval served as VP of pharmaceutical sciences and product development, helping to oversee preclinical development, CMC and clinical pharmacology activities—including for the September approval and launch of Copiktra in third-line chronic lymphocytic leukemia, small lymphocytic leukemia and follicular lymphoma, which is expected to reach between $500 million and $850 million in peak sales.

Prior to Verastem, Padval was VP of preclinical development and formulations at Zalicus, and he also held roles at Charles River Discovery and Development Services and Genzyme Transgenics.

Mader previously served as a senior research advisory and a research fellow at Eli Lilly, where she worked on the discovery and development of multiple clinical candidates. Before that, she was a visiting research scientist at the Bayer Research Center and an associate professor at Grinnell College in Iowa.

Relay’s pipeline focuses on studying the movement of proteins within cells in real-time. Its discovery engine examines the full mobility of a protein and the ways that motion can regulate function.

The company’s head of R&D, Don Bergstrom, M.D., Ph.D., said the company plans to expand its protein motion platform to an “expanding array of therapeutic targets” as it transitions to the development stage.

By Conor Hale

Source: Fierce Biotech

comments closed

Related News

July 21, 2024

CordenPharma invests €900m in peptide platform expansion

Life sciences

CordenPharma announced its largest strategic investment to date, committing to spend ~€900m over the next three years to enhance its peptide technology platform. The planned investment consists of two major expansion initiatives occurring in parallel in the US and Europe, including both existing facilities and new constructions.

July 21, 2024

DSM-Firmenich to sell MEG-3 fish oil business to KD Pharma Group

Life sciences

DSM-Firmenich has announced the sale of its MEG-3 fish oil business to KD Pharma Group, a contract development and manufacturing organisation that is active in pharmaceutical and nutritional lipids. As part of the transaction, DSM-Firmenich will obtain a minority stake of 29% in KD Pharma’s parent company O³ Holding GmbH.

July 21, 2024

Veranova appoints Cécile Maupas as Senior Vice President, Chief Commercial Officer

Life sciences

Veranova, a development and manufacturing of specialist and complex APIs for the pharmaceutica l and biotech sectors, recently announced the appointment of Cécile Maupas as Senior Vice President, Chief Commercial Officer. Cécile will join the executive team and assume responsibility for business development, marketing, project management, commercial operations, and product management.

How can we help you?

We're easy to reach