ChromaCode, a private, California-based molecular diagnostics company with founders out of Illumina, Google[x], and Luminex, has appointed Mark McDonough as CEO. Investors include NEA, Northpond Ventures, Vensana Capital, and Adjuvant Capital.
Mark is an accomplished, commercially-oriented serial CEO with more than two decades of achievement in molecular diagnostics. Most recently, he was CEO of PierianDx, a private, genomic SaaS solution provider in the cancer diagnostic space. Earlier, Mark served as CEO of CombiMatrix, a public company and leader in high complexity reproductive health testing. He orchestrated that company’s sale to Invitae in 2017.
This is Occam’s second Dx CEO placement in a matter of months. Last year, Dave Mullarkey was appointed CEO of ClearNote Health, a Stephen Quake company.
Ryan Kruger joins Anagenex, a cutting-edge platform company marrying Machine Learning with DNA-encoded libraries to discover the next generation of small molecule medicines at scale. Anagenex, a Lux investment, recently closed a $30 million Series A financing round led by Catalio Capital Management.
Kruger joins Anagenex from Foghorn Therapeutics, a clinical-stage biotech, where he served as Vice President, Head of Biology overseeing all aspects of discovery biology, translational medicine, and early clinical development. Previously, Ryan spent fifteen years at GSK, most recently as Vice President, Head of the Cancer Epigenetics Research Unit, Oncology R&D where he shepherded six novel small molecule therapies from discovery to clinical development.
In Kruger, Anagenx captures a creative drug hunter with a demonstrated record of success assembling robust pipelines of programs and pushing them forward into the clinic in both large and small company settings. As CSO, Ryan will partner closely with Joe Franklin, SVP & Head of Early Discovery, whom Occam also placed at Anagenex in 2020. Finally, Kruger will doubtlessly benefit from wisdom at the Board level in Tito Serafini whom Occam also placed in 2020.
Occam’s enduring relationship with LabGenius, a UK-based AI-enabled protein drug discovery platform company, has yielded a second C-suite placement in Leo Wossnig as CTO. Leo will work in close partnership with Gino Van Heeke, the CSO, whom Occam placed as CSO in 2021.
Wossnig comes to LabGenius by way of Odyssey Therapeutics following the acquisition of his company, Rahko, a leading quantum machine learning company which Leo co-founded and led as CEO.
In Wossnig, LabGenius captures an intellectual heavyweight, content expert and accomplished entrepreneur with demonstrated success building and leveraging sophisticated computational technologies in the service of expediting drug discovery at scale.
Geron Corporation (Nasdaq: GERN), a late-stage clinical biopharmaceutical company focused on the development and potential commercialization of a first-in-class telomerase inhibitor, imetelstat, in hematologic malignancies, has appointed John F. McDonald to its Board.
John currently serves as Corporate Vice President, Global R&D Business Development, for Novo Nordisk A/S, where he leads R&D business development activities and investment strategies. From 2011 to 2018, John was Vice President, Business Development, at Biogen Inc. and prior to that role, served as Managing Director at MPM Capital LP. His earlier career includes roles across business development, corporate strategy, and legal at various biopharmaceutical companies.
John holds a J.D. from University of California Hastings College of the Law and an M.B.A. and B.S. from the Haas School of Business, University of California, Berkeley.
Geron is a longstanding client for whom Occam had previously placed two independent Board members, Dawn Bir and Liz O’Farrell, and more recently, Chief Business Officer Edward Koval and VP Investor Relations & Corporate Communications Aron Feingold.
Bimal Shah joins Corium, a commercial-stage CNS biopharma and Gurnet Point Capital investment, as Chief Financial Officer, bringing with him substantial experience in healthcare private equity investments, M&A, and other strategic transactions. He also has industry experience in corporate strategy and commercial assessments with expertise in specialty pharmaceuticals, biotech, medical devices, contract research and manufacturing services, clinical and lab services, and distribution.
Prior to joining Corium, Bimal served as Senior Vice President, Corporate Finance and Strategy, for Sumitovant Biopharma, a wholly-owned subsidiary of Sumitovant Dainippon Biopharma, one of Japan’s largest pharmaceutical companies. While at Sumitovant, he had oversight for financial planning and analysis, corporate finance and strategy, among other responsibilities.
Bimal previously held roles in the business development, finance and strategic functions at various biotech companies, including Genentech. His earlier career occurred on Wall Street with Goldman Sachs and Warburg Pincus, where he focused on the life sciences and healthcare verticals and was responsible for a wide range of creative transactions, including financings, investments, acquisitions and alliances.
Bimal received his Master’s in Business Administration, Master of Arts in International Policy Studies and bachelor’s degrees from Stanford University.
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