Frazier Life Sciences Welcomes Two Leading Biotech Experts

Frazier Life Sciences Expands Team with New Appointments

Palo Alto, California - Frazier Life Sciences (FLS), an esteemed investment firm focusing on innovative therapeutics, has announced the exciting appointments of Dr. Mitchell H. Gold and Dr. Stanford L. Peng as Venture Partners. This strategic move aims to bolster Frazier Life Sciences’ capabilities in nurturing and creating transformative biopharmaceutical companies.

Expertise and Vision in Biotech

In a recent statement, Jamie Topper, M.D., Ph.D., Managing Partner at FLS, emphasized the exceptional leadership and experience that Mitch and Stanford bring to the firm. He noted that Dr. Gold's remarkable background in founding successful companies, coupled with his relentless commitment to scientific excellence, makes him a prime asset for the Frazier team. Furthermore, Dr. Peng's insights as a physician-scientist and his extensive experience in developing innovative therapies are set to enhance FLS's efforts in advancing world-class life sciences companies.

Dr. Mitchell H. Gold's Impressive Track Record

Before joining Frazier Life Sciences, Dr. Gold was the Co-Founder, CEO, and Executive Chairman of Alpine Immune Sciences (NASDAQ: ALPN). Under his leadership, the company focused on developing revolutionary protein-based immunotherapies, culminating in a significant $4.9 billion acquisition by Vertex Pharmaceuticals. Dr. Gold also held leadership roles at Alpine Biosciences, which was dedicated to cancer and orphan disease treatments and was subsequently acquired by Cascadian Therapeutics. His educational background includes an M.D. from Rush Medical College, a urology residency at the University of Washington Medical Center, and a Bachelor of Science in Biology from the University of Wisconsin-Madison.

Passionate Commitment to Transformative Companies

Expressing his enthusiasm, Dr. Gold stated, “I am honored to join Frazier Life Sciences, a firm I deeply respect for its long-term vision. My passion lies in building science-driven organizations that significantly impact patient lives, and I believe FLS is the perfect environment for that mission.”

Dr. Stanford L. Peng: A Leader in Drug Development

Dr. Peng joins Frazier Life Sciences with a robust background in drug discovery and clinical development. Previously, he served as President and Head of Research and Development at Alpine Immune Sciences. Dr. Peng played a vital role in discovering and introducing several drug candidates, including the promising povetacicept. His extensive career features positions at leading biotech and pharmaceutical companies, such as Seagen, Roche, and Stemcentrx, alongside significant academic roles. He holds dual degrees from Stanford University as well as an M.D. and Ph.D. from Yale University and completed his residency at the University of Pennsylvania.

A Shared Vision for Patient-Centric Innovations

Dr. Peng expressed his excitement about joining FLS, saying, “This opportunity allows me to focus on what I enjoy most: identifying promising scientific advances and translating them into meaningful patient treatments.” Having collaborated with the Frazier team previously, he respects their strategic approach towards impactful innovation.

About Frazier Life Sciences

Frazier Life Sciences is dedicated to investing globally in companies that innovate in biopharmaceuticals, managing over $3.9 billion in capital. Their investment strategy includes venture funds focused on company creation and a public fund aimed at small and mid-cap public entities. As of today, over 60 portfolio companies have either completed IPOs or M&A transactions, highlighting the firm’s success in biotechnology investments. With a strong team of over 40 professionals, Frazier has established a presence in key markets, primarily anchored in Palo Alto but extending to San Diego, Seattle, Boston, New York, and London.

Frequently Asked Questions

What is Frazier Life Sciences known for?

Frazier Life Sciences specializes in investing in companies focused on biopharmaceutical innovations.

Who are the new Venture Partners at FLS?

Dr. Mitchell H. Gold and Dr. Stanford L. Peng are the newly appointed Venture Partners.

What was Dr. Gold's previous position?

Dr. Gold was the Co-Founder, CEO, and Executive Chairman at Alpine Immune Sciences.

What is Dr. Peng's area of expertise?

Dr. Peng brings expertise in drug discovery and clinical development from his roles at leading biotech firms.

How does Frazier Life Sciences support its portfolio companies?

Frazier Life Sciences provides strategic support and funding to help companies develop and commercialize innovative therapies.

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