Deep Genomics, a leading AI drug development company focused on decoding biology to program life-changing medicines, announced that as part of its strategic plan to evolve into a forward-integrated biopharmaceutical company, Brian O’Callaghan has been appointed chief executive officer (CEO) and member of the board of directors. Mr. O’Callaghan, who most recently served as CEO of ObsEva SA has extensive experience in the biotech, pharmaceutical and clinical research organization industries with previous responsibilities managing multiple businesses and programs across many therapeutic areas, from concept through to commercialization. Brian’s business leadership will focus on strategic execution of company activities toward defined points of value inflection, and developing assets in pursuit of industry-leading R&D partnerships.
“I am impressed with the work underway at Deep Genomics and see tremendous opportunity to build on the technology innovations spearheaded by Brendan and the team to achieve value for patients, partners and investors,” said Brian O’Callaghan, chief executive officer at Deep Genomics. “I look forward to leading Deep Genomics into the next phase of growth and working with such a visionary and committed team as we advance multiple RNA-targeted therapeutics across a range of potential indications.”
As chief innovation officer and board member, company founder Brendan Frey, PhD, FRSC, will continue to advance the Company’s mission and AI technology in support of the broader business initiatives directed by the new CEO. “I look forward to continuing to provide leadership in technology strategy and innovation as the company leverages AI to decode RNA biology for novel drug development,” said Brendan. “I’m proud of the team, the progress we have made, and the molecules we are advancing through animal studies, and I look forward to sharing updates on recent achievements in the months ahead. Our ability to attract someone of Brian’s caliber speaks to the quality of our efforts and I look forward to our collaboration in my new role, along with the Board and the Deep Genomics team.”
In addition, current lead independent board member William (Chip) Baird has been appointed chair of the Deep Genomics board of directors. Chip currently serves as chief operating officer at 2Seventy Bio, a commercial stage oncology cell therapy company. Prior to 2Seventy, Chip served as CFO for Bluebird Bio, Amicus Therapeutics, and PTC Therapeutics. Chip has more than 20 years of experience leading innovative biotech companies and also serves as a director of Axcella Health. He joined the Deep Genomics board in April 2022.
“This is an exciting evolution in Deep Genomics’ goal to revolutionize drug development – as we unite Brian’s stellar life science industry business experience with Brendan’s leadership in AI and drug discovery. Brian’s appointment as CEO comes after a thorough succession discussion with the board and with Brendan’s full approval,” said Chip Baird, chairman of the board at Deep Genomics. “Artificial intelligence has achieved significant momentum across multiple sectors and industries, and Deep Genomics is well-positioned to play a key role in applying this innovative technology to RNA-based drugs. Having Brian as chief executive officer and Brendan as chief innovation officer positions the company for success in business and innovation, now and into the future.”
SOURCE: BusinessWire
