FORE Biotherapeutics, announced the appointment of William R. Hinshaw as the Chief Executive Officer and Director of the Board.
Mr. Hinshaw is a 30+-year veteran of the biotechnology and pharmaceutical industries. Prior to joining Fore, he was the President, CEO and Board member of Axcella Therapeutics, a clinical-stage and publicly traded biopharmaceutical company developing novel therapies for complex diseases. Prior to Axcella, Mr. Hinshaw led all aspects of Novartis’ >$6B revenue U.S. Oncology business, including products such as Tasigna®, Gleevec®, and Kymriah®, as well as the integration of the GSK oncology portfolio, including Tafinlar® and Mekinist®. He also played a key role on the Global Oncology Executive Committee, including leading crucial strategic programs to maximize the portfolio and develop the pipeline.
Prior to this role, Mr. Hinshaw held a number of leadership positions of increasing responsibility and expanding global scope at Novartis, including Head of the NCE (Northern and Central Europe) Region for Novartis Oncology, GEM (Group Emerging Markets), Head of the Hematology Business Franchise, and Global Head of Infectious Disease and Transplantation (IDTI). Before joining Novartis, Bill worked at the former Schering Plough Corporation where he held a series of commercial roles, including the Head of US Oncology. Mr. Hinshaw holds a B.S. in Molecular Biology from the University of Wisconsin.
Dieter Weinand, the Chairman of the Board of Directors commented: “After an extensive search, we are delighted and very excited to welcome Bill as our next CEO. Bill brings highly relevant experience to grow and scale Fore given his track record in both large and emerging life sciences companies. He is the right leader for this stage of our company’s journey and the Board and I are delighted to partner with Bill to navigate Fore’s path to continued success.”
“I am privileged and excited to lead Fore and work alongside the talented and committed team and build upon what has been accomplished to date. Fore is poised to develop targeted treatments that can have a transformational impact on the lives of patients suffering from cancer,” said Mr. Hinshaw.
“On behalf of the Board of Directors, I would like to sincerely thank Dr. Shawn M. Leland, PharmD, RPh for his leadership, dedication and many contributions during this transitionary period toward the advancement of plixorafenib to its next seminal phase of clinical development as Advisor and Interim CEO to the Company,” said Dieter Weinand, Chairman of the Board of FORE Biotherapeutics. “We welcome Bill as CEO and Board member as we enter this next phase of growth for the company.”
SOURCE : BusinessWire