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Frazier Life Sciences Adds Experienced Biopharmaceutical Executive to Team

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Frazier Life Sciences has appointed Jan Møller Mikkelsen as a Senior Advisor, enhancing its leadership team. Mikkelsen, with over 30 years in the biopharmaceutical sector, is the founder and CEO of Ascendis Pharma (NASDAQ: ASND) and has held senior positions at several notable companies. Frazier Life Sciences, managing over $3.3 billion in capital, focuses on innovative biopharmaceutical investments, boasting 62 portfolio companies that have achieved IPOs or M&As since 2005.

Positive
  • Jan Møller Mikkelsen joins as Senior Advisor, bringing extensive biopharmaceutical experience.
  • Mikkelsen is the founder and CEO of Ascendis Pharma, adding credibility and expertise to Frazier Life Sciences.
  • Frazier Life Sciences has raised over $3.3 billion in capital, indicating strong financial backing.
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  • None.

MENLO PARK, Calif.--(BUSINESS WIRE)-- Frazier Life Sciences announced the addition of Jan Møller Mikkelsen as a Senior Advisor. He has over 30 years of experience as a biopharmaceutical executive.

Mr. Mikkelsen founded Ascendis Pharma (NASDAQ: ASND) and currently serves as full-time President and Chief Executive Officer, as well as a board member. He previously served as President and Chief Executive Officer of LifeCycle Pharma A/S (acquired by Asahi Kasei Pharma), as well as President of the Pharmaceutical Division of Maxygen, Inc. Prior to that, Mr. Mikkelsen co-founded ProFound Pharma A/S (acquired by Maxygen, Inc.), where he served as Co-Chief Executive Officer. He has also held various positions at Novo Nordisk A/S, including Vice President of Protein Discovery. In addition, Mr. Mikkelsen serves as Chairman of the board of directors for Hummingbird Bioscience.

Mr. Mikkelsen received a Cand. Scient. degree in Biochemistry from the University of Odense, Denmark, and pursued his post-doctoral research at Children’s Hospital in Oakland, CA.

“I have known Jan for many years and am very excited to have him join Frazier,” said Managing Partner Albert Cha. “He is a highly experienced biopharmaceutical executive, and we look forward to working with him to identify and evaluate attractive life sciences investment opportunities.”

About Frazier Life Sciences

Frazier Life Sciences invests globally in private and publicly-traded companies that discover, develop, and commercialize innovative biopharmaceuticals. Frazier Life Sciences funds comprise over $3.3 billion in capital raised, including venture funds focusing on company creation and private companies, and a public fund focused on small and mid-cap public companies. Since 2005, 62 Frazier Life Sciences portfolio companies, many of which were created or seeded by Frazier, have completed IPOs or M&As. The Frazier Life Sciences team consists of over 40 professionals with deep expertise in biopharmaceuticals, primarily located in Menlo Park, California (headquarters), San Diego, Seattle, Boston, New York, and London.

For more information about Frazier Life Sciences, please visit www.frazierls.com.

Frazier Life Sciences

Kate Schykerynec

Phone: 650.325.5156

Email: kate@frazierls.com

Source: Frazier Life Sciences

FAQ

Who is Jan Møller Mikkelsen and his relevance to Ascendis Pharma (ASND)?

Jan Møller Mikkelsen is the founder and CEO of Ascendis Pharma (NASDAQ: ASND) and has been appointed as a Senior Advisor to Frazier Life Sciences.

What experience does Jan Møller Mikkelsen bring to Frazier Life Sciences?

Mikkelsen has over 30 years of experience in the biopharmaceutical industry, having held leadership positions in various companies.

What is the investment focus of Frazier Life Sciences?

Frazier Life Sciences invests in private and publicly-traded companies that develop and commercialize innovative biopharmaceuticals.

How much capital has Frazier Life Sciences raised?

Frazier Life Sciences has raised over $3.3 billion in capital, supporting its investment strategy.

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