STOCK TITAN

Forma Therapeutics Announces Appointment of Acclaimed Global Sickle Cell Disease Leader Ifeyinwa Osunkwo, MD, MPH, as Senior Vice President, Chief Patient Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Forma Therapeutics (NASDAQ: FMTX) has appointed Dr. Ifeyinwa Osunkwo as the inaugural chief patient officer and senior vice president, effective Q1 2022. Dr. Osunkwo's role aims to enhance patient access and care, focusing on sickle cell disease. With over 25 years of experience, she has a track record in health equity and chronic disease management. This strategic appointment underscores Forma's commitment to patient-centered care and aims to strengthen partnerships with global stakeholders to improve treatment outcomes.

Positive
  • Appointment of Dr. Ifeyinwa Osunkwo as chief patient officer highlights commitment to patient-centered care.
  • Dr. Osunkwo brings over 25 years of experience in sickle cell disease and chronic pain management.
Negative
  • Concerns over the potential continuity and experience gap with new leadership in patient-centered initiatives.

WATERTOWN, Mass.--(BUSINESS WIRE)-- Forma Therapeutics Holdings, Inc. (Nasdaq: FMTX), a clinical-stage biopharmaceutical company focused on rare hematologic diseases and cancers, today announced the appointment of Ifeyinwa (Ify) Osunkwo, MD, MPH, to the executive leadership team as the company’s inaugural chief patient officer and senior vice president. In this role, Dr. Osunkwo will be responsible for realizing Forma’s vision to transform the lives of patients by improving access and care through partnerships with global patient and community stakeholders. She will join Forma in the first quarter of 2022.

“This appointment of a chief patient officer boldly represents our commitment to advancing both patient access and care as well as potential innovative treatments. We are honored that Ify has chosen to join Forma at this critical time in the growth of our organization as a trusted patient-centered company,” said Frank Lee, president and chief executive officer of Forma. “Ify understands what it’s like to care for people living with sickle cell disease firsthand because she’s dedicated her professional life to it. Her role is crucial to our mission to transform patient lives. We have no doubt the impact she will have at a global level.”

Dr. Osunkwo is an internationally acclaimed expert in the research, treatment and care delivery of sickle cell disease (SCD), pediatric to adult care transition, and the management of chronic pain. She has a passion for health equity and has focused her research on identifying the comparative effectiveness of interventions in eliminating health disparities in black and brown populations. She has more than 25 years of experience in clinical management, population health using the chronic disease management model and health literacy. She is an accomplished clinician educator adept at training clinical and non-clinical audiences and is also a visionary leader in pragmatic program development and implementation using quality improvement.

“I am thrilled to be able to continue building meaningful partnerships with patient and community stakeholders in my role at Forma,” said Dr. Osunkwo. “Improving the overall patient experience in sickle cell disease has been my career passion; this is an opportunity to really focus on the delivery of new treatments for patients around the world. My vision is that everyone living with sickle cell disease has access to basic care and disease management. My hope is to amplify the impact I can have on the community.”

Dr. Osunkwo is the Founder & Director of the Sickle Cell Disease Enterprise at Levine Cancer Institute and a Professor of Medicine and Pediatrics at Atrium Health - a vertically integrated healthcare system serving 1400+ adults and 400+ children with sickle cell disease in NC/SC/GA. Previously, she was the medical director of the Comprehensive Sickle Cell Disease Program at Children’s Healthcare of Atlanta @ Egleston and Assistant Professor of Pediatrics at Emory University. She directed the Teen Scene Transition Program that provided care coordination and education to facilitate the smooth transition of young adults from pediatrics to adult care. Dr. Osunkwo earned a medical degree from the University of Nigeria College of Medical Sciences and Dentistry and an MPH from Johns Hopkins University School of Hygiene and Public Health. She received her pediatric residency training at the University of Medicine and Dentistry of New Jersey and completed her fellowship in pediatric hematology, oncology and bone marrow transplantation at Columbia University College of Physicians and Surgeons. Dr. Osunkwo is board certified in pediatric hematology oncology and has led a robust research enterprise garnering over $15 million in research funding and has served as principal investigator on numerous clinical trials over the course of her career.

About Forma Therapeutics

Forma Therapeutics is a clinical-stage biopharmaceutical company focused on the research, development and commercialization of novel therapeutics to transform the lives of patients with rare hematologic diseases and cancers. Our R&D engine combines deep biology insight, chemistry expertise and clinical development capabilities to create drug candidates with differentiated mechanisms of action focused on indications with high unmet need. Our work has generated a broad proprietary portfolio of programs with the potential to provide profound patient benefit. For more information, please visit www.FormaTherapeutics.com or follow us on Twitter @FORMAInc and LinkedIn.

Forward-looking Statements

This press release may contain forward-looking statements and information within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. The use of words such as “may,” “will,” “could,” “would,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “seeks,” “endeavors,” “potential,” “continue,” “target” or the negative of such words or other similar expressions can be used to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The express or implied forward-looking statements included in this press release are only predictions and are subject to a number of risks, uncertainties and assumptions, including, without limitation risks set forth under the caption “Risk Factors” in Forma’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, as well as other risks detailed in our subsequent filings with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although Forma believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, except as required by law, neither Forma nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements included in this press release. Any forward-looking statement included in this press release represents Forma’s views only as of the date on which it was made. Forma undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Media:

Adam Silverstein, +1 917-697-9313

Porter Novelli

adam.silverstein@porternovelli.com

Investor:

Mario Corso, +1 781-366-5726

Forma Therapeutics

mcorso@formatherapeutics.com

Source: Forma Therapeutics Holdings, Inc.

FAQ

Who is Dr. Ifeyinwa Osunkwo and what is her role at Forma Therapeutics?

Dr. Ifeyinwa Osunkwo is the newly appointed chief patient officer and senior vice president at Forma Therapeutics, responsible for enhancing patient access and care.

What are Dr. Osunkwo's qualifications and experience?

Dr. Osunkwo has over 25 years of experience in sickle cell disease management and is the founder of the Sickle Cell Disease Enterprise at Levine Cancer Institute.

When will Dr. Osunkwo start her role at Forma Therapeutics?

Dr. Osunkwo is expected to join Forma Therapeutics in the first quarter of 2022.

What is the significance of Dr. Osunkwo's appointment for Forma Therapeutics?

Her appointment signifies Forma Therapeutics' commitment to patient-centered care and aims to strengthen partnerships with global stakeholders to improve treatments.

FMTX

NASDAQ:FMTX

FMTX Rankings

FMTX Latest News

FMTX Stock Data

1.01B
45.32M
5.13%
91.07%
2.66%
Biotechnology
Healthcare
Link
United States
Watertown