Third Harmonic Bio Announces Leadership Changes
31 Outubro 2023 - 9:30AM
Third Harmonic Bio, Inc. (Nasdaq: THRD), a biopharmaceutical
company focused on advancing the next wave of medicine for
inflammatory diseases, today announced the transition of Adrian S.
Ray, Ph.D., from Chief Scientific Officer to Scientific Advisor,
effective November 1, 2023. In his new role, Dr. Ray will continue
support the company’s Investigational New Drug (IND) application
for THB335, which is expected to be filed during the first half of
2024. Additionally, the company announced that Robert Ho, Chief
Financial Officer, will depart the organization on November 10,
2023. The company has initiated executive searches for their
successors.
“On behalf of Third Harmonic Bio, I would like to thank Adrian
and Bob for their contributions to the company, including Adrian’s
scientific expertise in our efforts to rapidly identify our new
development candidate, THB335, and Bob’s support in capitalizing
the company during our initial public offering, which is reflected
today in our strong cash position,” said Natalie Holles, Chief
Executive Officer of Third Harmonic Bio. “With our continued
progress toward advancing THB335 into the clinic in the first half
of next year, our ample financial resources, and an eye toward
potentially expanding the scope of our work through strategic
business development, we are excited to assemble an enterprise
leadership team that is purpose-built for the next phase of our
company’s growth.”
About Third Harmonic Bio, Inc.Third Harmonic
Bio is a biopharmaceutical company focused on advancing the next
wave of medicine for inflammatory diseases through the development
of novel highly selective, oral small-molecule inhibitors of KIT, a
cell surface receptor that serves as the master regulator of mast
cell function and survival. Early clinical studies demonstrate that
KIT inhibition has the potential to revolutionize the treatment of
a broad range of mast-cell-mediated inflammatory diseases, and that
a titratable, oral, intracellular small molecule inhibitor may
provide the optimal therapeutic profile against this target. Third
Harmonic Bio’s lead product candidate THB335 is expected to enter
clinical trials during the first half of 2024. For more
information, please visit the Third Harmonic Bio
website: www.thirdharmonicbio.com.
Forward-Looking Statements This press release
contains “forward-looking” statements within the meaning of the
safe harbor provisions of the U.S. Private Securities Litigation
Reform Act of 1995, including, but not limited to, statements
regarding the expected transition dates for Dr. Ray and Mr. Ho, the
expected timing of filing a U.S. IND application for THB335, the
sufficiency of Third Harmonic Bio’s financial resources, and the
expected timing for clinical activities related to THB335.
Forward-looking statements can be identified by words such as:
“anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,”
“project,” “estimate,” “expect,” “strategy,” “future,” “likely,”
“may,” “should,” “will” and similar references to future periods.
These statements are subject to numerous risks and uncertainties,
including risks and uncertainties related to Third Harmonic Bio’s
cash forecasts, ability to advance its product candidates, the
receipt and timing of potential regulatory submissions,
designations, approvals and commercialization of product
candidates, our ability to protect our intellectual property, the
timing and results of preclinical and clinical trials, changes to
laws or regulations, market conditions, geopolitical events, and
further impacts of pandemics or health epidemics, that could cause
actual results to differ materially from what Third Harmonic Bio
expects. Further information on potential risk factors that could
affect Third Harmonic Bio’s business and its financial results are
detailed under the heading “Risk Factors” included in Third
Harmonic Bio’s Quarterly Report on Form 10-Q for the six months
ended June 30, 2023, filed with the U.S. Securities and Exchange
Commission (SEC) on August 10, 2023, and in Third Harmonic Bio’s
other filings filed from time to time with the SEC. Third Harmonic
Bio undertakes no obligation to publicly update any forward-looking
statement, whether written or oral, that may be made from time to
time, whether as a result of new information, future developments
or otherwise.
Investor & Media Contact:Lori
Murraylori.murray@thirdharmonicbio.com
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