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Fulcrum Therapeutics Appoints Judith A. Dunn, Ph.D. as President of Research and Development

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Fulcrum Therapeutics, a biopharmaceutical firm focused on genetically defined rare diseases, has appointed Dr. Judith A. Dunn as President of Research and Development. Dr. Dunn brings over 25 years of experience in global drug development, previously serving as Vice President at Roche. Her expertise will support Fulcrum's losmapimod and FTX-6058 programs. The company aims to advance these programs, including two INDs in the next 24 months, leveraging its proprietary FulcrumSeek platform for drug target identification.

Positive
  • Appointment of Dr. Judith A. Dunn enhances R&D leadership with over 25 years of drug development experience.
  • Fulcrum plans to advance losmapimod and FTX-6058 programs, with expectations to file two INDs in the next 24 months.
Negative
  • Potential concerns regarding continuity in leadership may arise with the new appointment.

CAMBRIDGE, Mass., March 24, 2021 (GLOBE NEWSWIRE) -- Fulcrum Therapeutics, Inc. (Nasdaq: FULC), a clinical-stage biopharmaceutical company focused on improving the lives of patients with genetically defined rare diseases, today announced that Judith A. Dunn, Ph.D. has been appointed President of Research and Development. Dr. Dunn has held multiple leadership roles in global research and drug development spanning from discovery through commercialization. Most recently, she supported the development of new companies targeting areas of unmet need in neuroscience as an Entrepreneur in Residence at Atlas Venture.

“We are honored to have Dr. Dunn join Fulcrum to expand our R&D leadership team, particularly as we move toward significant advancements with our losmapimod and FTX-6058 development programs,” said Bryan E. Stuart, Fulcrum’s incoming president and chief executive officer. “Our product engine and industry collaborations position us to advance many new opportunities in discovery and drug development in the months and years ahead. Judy’s outstanding experience with over 25 years in drug discovery and clinical development will be an important resource for us as we work to advance these programs.”

“I am thrilled to take on this role at Fulcrum,” said Dr. Dunn. “I was very impressed with the productivity and potential of Fulcrum’s product engine, which has already generated two important programs for FSHD and select hemoglobinopathies, including sickle cell disease. I’m also excited for the advances in research and development, including bringing forward two INDs over the next 24 months. FulcrumSeek’s ability to generate and integrate functional, morphological and transcriptional data with great precision enables rapid identification of novel targets across a wide variety of diseases. I look forward to working with the team to continue to advance programs to treat the root causes of genetically defined rare diseases.”

Prior to Atlas, Dr. Dunn served as Vice President of Clinical Development at Roche and was previously head of the Roche Innovation Center in New York City. She also supported the establishment of the Empire Discovery Institute, a New York State initiative to support progression of early stage research to clinical application. She has additionally held positions in both the research and commercial divisions of Pfizer and led clinical programs in psychiatry at Sunovion (Sepracor). Dr. Dunn received a postdoctoral fellowship in new drug development from Pfizer, a training fellowship in neuropharmacology from the Center for Brain Research, a Doctor of Philosophy, Developmental Neurobiology from Wesleyan University and a Bachelor of Science, Neurobiology from the University of Rochester.

About Fulcrum Therapeutics
Fulcrum Therapeutics is a clinical-stage biopharmaceutical company focused on improving the lives of patients with genetically defined rare diseases in areas of high unmet medical need. Fulcrum’s proprietary product engine identifies drug targets which can modulate gene expression to treat the known root cause of gene mis-expression. The company has advanced losmapimod to Phase 2 clinical development for the treatment of facioscapulohumeral muscular dystrophy (FSHD). Fulcrum has also advanced FTX-6058, a small molecule designed to increase expression of fetal hemoglobin for the treatment of sickle cell disease and beta-thalassemia into Phase 1 clinical development.

Please visit www.fulcrumtx.com.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. Any forward-looking statements are based on management’s current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in, or implied by, such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause the Company’s actual results to differ from those contained in the forward-looking statements, see the “Risk Factors” section, as well as discussions of potential risks, uncertainties, and other important factors, in the Company’s most recent filings with the Securities and Exchange Commission.

Contact:

Investors:
Christi Waarich
Director, Investor Relations and
Corporate Communications
617-651-8664
cwaarich@fulcrumtx.com

Stephanie Ascher
Stern Investor Relations, Inc.
stephanie.ascher@sternir.com
212-362-1200

Media:
Kaitlin Gallagher
Berry & Company Public Relations
kgallagher@berrypr.com
212-253-8881


FAQ

Who is Dr. Judith A. Dunn, and what is her role at Fulcrum Therapeutics?

Dr. Judith A. Dunn has been appointed President of Research and Development at Fulcrum Therapeutics, bringing extensive experience in drug discovery and clinical development.

What are the key programs mentioned in the Fulcrum press release?

The key programs mentioned are losmapimod for facioscapulohumeral muscular dystrophy and FTX-6058 for sickle cell disease.

What is the significance of the FulcrumSeek platform?

The FulcrumSeek platform enables the identification of novel drug targets, improving the potential for new treatments for genetically defined rare diseases.

How will Dr. Dunn's appointment impact Fulcrum Therapeutics?

Dr. Dunn's extensive background in research and development is expected to strengthen Fulcrum's ability to advance its drug development programs.

What are Fulcrum Therapeutics' plans over the next 24 months?

Fulcrum Therapeutics plans to file two INDs over the next 24 months as part of its ongoing drug development initiatives.

Fulcrum Therapeutics, Inc.

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Biotechnology
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United States of America
CAMBRIDGE