– USA, CA – Atomwise today announced the addition of Mike Varney, Andrew Lo, and John Hamer to its Board of Directors, bringing deep expertise in technology, drug discovery, and corporate leadership to the Board.
About Mike Varney
Mike Varney, who was most recently head of Genentech’s Research and Early Development and a member of the Roche Executive Committee. Dr. Varney had been recruited to Genentech to build its small molecule discovery capability, which now accounts for more than 40% of Genentech’s development pipeline and has delivered Erivedge and Cotellic to the market. Earlier in his career, Dr. Varney pioneered structure-based drug design as a founding employee at Agouron, which delivered Viracept, Xalkori, and Inlyta. He was named a Hero of Chemistry in 2018 by the American Chemical Society.
“Atomwise has extensively validated its AI platform, repeatedly demonstrating the ability to identify novel and differentiated molecules for challenging targets. The time is right for Atomwise to focus on developing its own assets. As AI continues to make critical breakthroughs in accuracy and scale, it has never been a more exciting moment for structure-based drug design,” said Dr. Varney.
About Andrew W. Lo
Andrew Lo, who is a professor at the MIT Sloan School of Management and the Director of the MIT Laboratory for Financial Engineering. Prof. Lo founded AlphaSimplex Group LLC and QLS Advisors, co-founded BridgeBio Pharma, is a Director of Roivant Sciences, a member of the Board of Overseers of Beth Israel Deaconess Medical Center, a Research Associate of the National Bureau of Economic Research, an advisory board member of the NIH National Center for Advancing Translational Sciences, and a member of the NIH Cures Acceleration Network Review Board. His awards include Batterymarch, Guggenheim, and Sloan Fellowships; the Paul A. Samuelson Award; the Eugene Fama Prize; the IAFE-SunGard Financial Engineer of the Year; the Global Association of Risk Professionals Risk Manager of the Year; the Harry M. Markowitz Award; the Managed Futures Pinnacle Achievement Award; and he has been named one of TIME’s “100 most influential people in the world.”
About John Hamer
John Hamer, who is a managing partner at DCVC Bio. Previously, Dr. Hamer was a Managing Director of Monsanto Growth Ventures and a Managing Director at Burrill & Company. He founded and served as CEO of Arête Therapeutics and was the CSO and eventually President and CEO of Paradigm Genetics. Earlier, Dr. Hamer was a Professor of Biological Sciences at Purdue University, where he was a David and Lucille Packard Fellow and an NSF Presidential Faculty Fellow.
About Atomwise
Atomwise is a preclinical pharma company revolutionizing how drugs are discovered with AI. We invented the use of deep learning for structure-based drug discovery, today developing a pipeline of small-molecule drug candidates advancing into preclinical studies. Our AtomNet technology has been used to unlock more undruggable targets than any other AI drug discovery platform. We are tackling over 600 unique disease targets with more than 250 partners around the world, including leading pharmaceutical, agrochemical, and emerging biotechnology companies. Atomwise has raised over $174 million from leading venture capital firms to advance our mission to make better medicines, faster.
For more information: https://www.atomwise.com/
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