Halda Therapeutics Welcomes Christian Schade as New CEO
Halda Therapeutics Welcomes New Leadership
Halda Therapeutics, a pioneering biotechnology company focused on developing innovative cancer therapies known as RIPTAC™ (Regulated Induced Proximity Targeting Chimeras), has announced a significant leadership change. The company has appointed Christian Schade as its President and Chief Executive Officer, along with a position on the Board of Directors. Chris boasts over two decades of extensive experience in the pharmaceutical and biotechnology sectors, making him an ideal fit to lead Halda into its next chapter of clinical development.
Experience and Vision of Christian Schade
Christian Schade’s robust history in the biotechnology field includes vast experience in building and leading companies through critical stages of development. His prior role as President and CEO of Aprea Therapeutics (Nasdaq: APRE) saw him guide the firm through its IPO and toward the advancement of its anti-cancer therapies. As a growth partner at Flagship Pioneering, and through various leadership roles in other biotech firms, Schade has demonstrated a consistent ability to foster innovative developments and drive successful outcomes.
Looking Forward to Clinical Trials
In his announcement, Schade expressed enthusiasm about joining Halda, particularly as the company is gearing up for its first clinical trials of the RIPTAC therapeutic platform. The anticipated trials will focus on addressing significant unmet medical needs in prostate cancer and breast cancer, two prevalent conditions that currently pose challenges for patients worldwide. With over 20 years of experience under his belt, Schade aims to ensure that Halda effectively translates its groundbreaking research into viable treatment options.
Insights from Tim Shannon
Tim Shannon, Chair of Halda’s Board of Directors, spoke highly of Schade’s appointment, emphasizing the competencies that he brings to the company. Shannon noted, "We are excited to welcome Chris to the role of Halda’s CEO and member of the Board. His strong track record building and leading biotech companies is ideally suited to Halda’s next stage of evolution to a clinical-stage cancer company.” This sentiment reflects the board’s confidence in his leadership as they look to expand their clinical pipeline.
About Halda Therapeutics
Halda Therapeutics stands at the forefront of innovative cancer treatment solutions. Founded by Professor Craig Crews from Yale University, the company has established a pioneering RIPTAC™ modality. This technology employs a unique "hold and kill" mechanism specifically designed for precise cancer treatment. The RIPTAC therapeutics uniquely confront cancer’s adaptive resistance mechanisms, which often hinder traditional precision oncology approaches.
Currently, Halda is focused on advancing its lead RIPTAC programs that target major solid tumors. The company is committed to initiating a Phase 1 clinical trial in metastatic, castration-resistant prostate cancer (mCRPC) and exploring additional therapeutic avenues to tackle unmet medical needs in oncology. With a seasoned leadership team skilled in drug discovery and clinical development, Halda Therapeutics is poised for exciting advancements in the field of cancer therapeutics.
Frequently Asked Questions
Who is the new CEO of Halda Therapeutics?
Christian Schade has been appointed as the new President and Chief Executive Officer of Halda Therapeutics.
What is RIPTAC™?
RIPTAC™ stands for Regulated Induced Proximity Targeting Chimeras, a novel class of cancer therapies developed by Halda to precisely target cancer cells.
What are the main therapeutic areas Halda is focusing on?
Halda Therapeutics is primarily focusing on prostate cancer and breast cancer with its RIPTAC therapeutic programs.
What prior experience does Christian Schade have?
Schade has over 20 years of experience in the biotech industry, previously serving as CEO of Aprea Therapeutics and working in various leadership roles at other biotech firms.
When will Halda's clinical trials begin?
The first clinical trials for Halda’s RIPTAC therapeutic are expected to commence in the first half of 2025.
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