Dianthus Therapeutics, Inc. (Nasdaq: DNTH), a clinical-stage
biotechnology company dedicated to advancing the next generation of
antibody complement therapeutics to treat severe autoimmune
diseases, today announced the appointment of John C. King as Chief
Commercial Officer. Mr. King brings more than 25 years of global
commercial leadership experience within biotechnology, including
complement inhibitor experience in neuromuscular and hematological
rare diseases. In this newly created position, Mr. King will play a
critical role in the Company’s corporate and commercial strategy.
“I’m excited to welcome John to the Dianthus executive team and
I look forward to partnering with him as we move DNTH103 forward
across three neuromuscular indications and prepare for our first
top-line data in 2H’25 from our Phase 2 clinical trial in gMG,”
said Marino Garcia, Chief Executive Officer of Dianthus
Therapeutics. “John is a strong, strategic leader who played a key
role in establishing the foundation for the blockbuster gMG market
and the multi-billion dollar C5 complement inhibitor franchise at
Alexion, which continues to grow as first-line gMG therapy today.
John then took on the role of CCO of Ra Pharma as it was developing
the first FDA-approved, self-administered, subcutaneous biologic
for the gMG market, leading to Ra Pharma’s acquisition by UCB for
$2.5 billion. This wealth of experience will be highly valued at
Dianthus as we continue to build an exciting late-stage biotech
company.”
“I strongly believe DNTH103 has the potential to be a highly
differentiated, first-line therapy and provide meaningful benefits
for patients suffering from classical pathway-driven diseases,
including gMG, CIDP and MMN. DNTH103’s best-in-class target profile
would provide a unique combination of potency, safety and
convenience with a patient-friendly, infrequent, self-administered
subcutaneous auto-injector,” said John C. King, Chief
Commercial Officer of Dianthus Therapeutics. “This is a
transformational time for Dianthus and I’m thrilled to join the
executive team ahead of key data readouts starting with gMG later
this year.”
Mr. King started his biotech career at Wyeth Pharmaceuticals
working on Enbrel® before he joined Alexion Pharmaceuticals, where
he was Vice President, U.S. Neurology Business Unit responsible for
building and leading the commercial team and strategy that launched
Soliris® (eculizumab) into the generalized Myasthenia Gravis
market as the first approved biologic and complement
inhibitor. At Alexion, he also served as Vice President, Head
of Global Hematology Franchise, among other leadership roles. Mr.
King then joined Ra Pharma as the Chief Commercial Officer where he
played a crucial role as part of the executive team in developing
the commercial strategy for its C5 complement inhibitor in gMG and
in its acquisition by UCB for $2.5 billion. Most recently, he was
the Chief Commercial Officer at Vor Bio where he led commercial
planning and business development for engineered cell therapies for
patients with blood cancer. Mr. King began his career at Ernst
& Young LLP and holds a Bachelor of Science in Business
Logistics and a Master of Business Administration from Pennsylvania
State University.
In addition, Sujay Kango has joined the Company’s Board of
Directors. Mr. Kango is an experienced executive with more than 26
years of experience in the pharmaceutical and biotechnology sector.
His vast, results-oriented experience ranges from serving as both
public and private company board member to being a C-suite
executive of multi-billion dollar public companies. He
previously served on the boards of MEI Pharma and Infinity
Pharmaceuticals, and currently serves as a board member of Adanate,
Inc. Mr. Kango was the President and Chief Executive Officer of
Tmunity Therapeutics, a clinical stage research and development
CAR-T therapy company that was acquired by Gilead Sciences in
February 2023 for an undisclosed amount. From 2018-2021, he served
as the EVP, Chief Commercial Officer of Acceleron Pharma, which was
acquired by Merck & Co. for over $11.5 billion. Mr. Kango has
been responsible for over 5 blockbuster products and launches,
including Reblozyl, Nexavar, Kyprolis, Peg-Intron, and Remicade. He
earned a B.S. in Microbiology and an M.B.A. from McNeese State
University.
Dianthus also announced that Tomas Kiselak will transition from
the Board of Directors. Mr. Kiselak is a co-founder of Fairmount
Funds and has served as a member of the Board since co-founding
Dianthus.
About Dianthus TherapeuticsDianthus
Therapeutics is a clinical-stage biotechnology company dedicated to
designing and delivering novel, best-in-class monoclonal antibodies
with improved selectivity and potency. Based in New York City and
Waltham, Mass., Dianthus is comprised of an experienced team of
biotech and pharma executives who are leading the development of
next-generation antibody complement therapeutics, aiming to deliver
transformative medicines for people living with severe autoimmune
and inflammatory diseases.
To learn more, please visit www.dianthustx.com and follow us on
LinkedIn.
Cautionary Statement Regarding Forward-Looking
Statements Certain statements in this press release, other
than purely historical information, may constitute “forward-looking
statements” within the meaning of the federal securities laws,
including for purposes of the safe harbor provisions under the
United States Private Securities Litigation Reform Act of 1995,
express or implied statements regarding future plans and prospects,
including statements regarding the expectations or plans for
discovery, preclinical studies, clinical trials and research and
development programs, in particular with respect to DNTH103, and
any developments or results in connection therewith, including the
target product profile of DNTH103; the anticipated timing of the
initiation and results from those studies and trials; expectations
regarding the time period over which the Company’s capital
resources are expected to be sufficient to fund its anticipated
operations; and expectations regarding the market and potential
opportunities for complement therapies, in particular with respect
to DNTH103. The words “opportunity,” “potential,” “milestones,”
“runway,” “will,” “anticipate,” “achieve,” “near-term,”
“catalysts,” “pursue,” “pipeline,” “believe,” continue,” “could,”
“estimate,” “expect,” “ intend,” “may,” “might,” “plan,”
“possible,” “predict,” “project,” “ should,” “strive,” “would,”
“aim,” “target,” “commit,” and similar expressions (including the
negatives of these terms or variations of them) generally identify
forward-looking statements, but the absence of these words does not
mean that statement is not forward looking.
Actual results could differ materially from those included in
the forward-looking statements due to various factors, risks and
uncertainties, including, but not limited to, that preclinical
testing of DNTH103 and data from clinical trials may not be
predictive of the results or success of ongoing or later clinical
trials, that the development of DNTH103 or the Company's other
compounds may take longer and/or cost more than planned, that the
Company may be unable to successfully complete the clinical
development of the Company’s compounds, that the Company may be
delayed in initiating, enrolling or completing its planned clinical
trials, and that the Company's compounds may not receive regulatory
approval or become commercially successful products. These and
other risks and uncertainties are identified under the heading
"Risk Factors" included in the Company’s Annual Report on Form 10-K
for the period ended December 31, 2023, and other filings that the
Company has made and may make with the SEC in the future. Nothing
in this press release should be regarded as a representation by any
person that the forward-looking statements set forth herein will be
achieved or that any of the contemplated results of such
forward-looking statements will be achieved.
The forward-looking statements in this press release speak only
as of the date they are made and are qualified in their entirety by
reference to the cautionary statements herein. Dianthus undertakes
no obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise, except as required by law.
Contact Jennifer Davis RuffDianthus
Therapeuticsjdavisruff@dianthustx.com
Dianthus Therapeutics (NASDAQ:DNTH)
Gráfico Histórico do Ativo
De Fev 2025 até Mar 2025
Dianthus Therapeutics (NASDAQ:DNTH)
Gráfico Histórico do Ativo
De Mar 2024 até Mar 2025