– USA, NC – Areteia Therapeutics, Inc. today announced the appointment of Dr. Dan Becker (MD, Ph.D.) to its Board of Directors, effective immediately.
Dr. Dan Becker will also the audit committee.
“I am excited that Dan has been appointed to our board. He is an incredibly accomplished executive whose depth of biotech experience, proven leadership and scientific expertise will be invaluable to me and the Board of Directors as we focus on delivering on the Company’s strategy and further advancing the Phase III program for dexpramipexole, the first potential oral drug for eosinophilic asthma,” said CEO, Jorge Bartolome.
About Dr. Daniel Becker
Dr. Dan Becker is a managing director at Access Biotechnology. Before joining Access in 2019, he was a Principal at New Leaf Venture Partners, where he played a key role in multiple private and public biopharma investments, and a Principal in the healthcare practice at the Boston Consulting Group, where he led projects across the health care sector with an emphasis on biopharma R&D.
Dr. Dan Becker said, “I am thrilled to serve as a director and look forward to continuing to work with Jorge and the team. This is a compelling opportunity to address a high unmet need for severe asthmatics by bringing a new oral medicine to market and offer patients and health systems an alternative to injectable biologics.”
Dr. Becker trained clinically in internal medicine and nephrology at Brigham and Women’s Hospital and Massachusetts General Hospital and was a Research Fellow at Harvard Medical School. He obtained both his M.D. and Ph.D. (Cellular and Molecular Biology) degrees from the University of Michigan and received his B.S. in Physiology from the University of Illinois at Urbana-Champaign.
About Areteia Therapeutics
Areteia Therapeutics, Inc. is a clinical-stage biotechnology company whose purpose is to develop and deliver novel Inflammation and Immunology therapies that put respiratory patients in better control of their disease and back in control of their lives. Our initial focus is developing the first potential oral drug for severe eosinophilic asthma.
Areteia’s lead drug candidate is dexpramipexole, and if approved, will be a first-in-class oral eosinophil maturation inhibitor that targets eosinophilic inflammation by lowering blood and tissue eosinophils.
Areteia was created by Population Health Partners and Knopp Biosciences. A syndicate of leading life sciences and strategic investors led by Bain Capital Life Sciences with participation from Access Biotechnology, GV, ARCH Venture Partners, Saturn Partners, Sanofi, Maverick Capital, and Population Health Partners, committed to investing up to $350 million in Series A financing to establish Areteia and advance dexpramipexole through Phase III clinical trials, secure commercial supply, and pursue potential next-generation medicines. $75MM in expanded financing has now been committed by Viking Global Investors, Marshall Wace, and the original syndicate. As a result, the Series A total financing now commits up to $425MM.
Areteia has initiated late-stage development of dexpramipexole in eosinophilic asthma, including three Phase III clinical trials in partnership with Population Health Partners’ development unit, Validae Health.
For more information: https://areteiatx.com/
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