Incendia Therapeutics Appoints Bradford Smith as Chief Financial Officer

Rhea-AI Summary

Incendia Therapeutics has appointed Bradford Smith as Chief Financial Officer. Smith brings over 30 years of strategic and operational leadership experience in healthcare companies, having previously served as CFO at companies including Homology Medicines, Ocular Therapeutix, and NeuroMetrix. Throughout his career, Smith has raised more than $1 billion in financing. He currently serves as board member and Audit Committee Chair for Lyra Therapeutics and eGenesis. In his new role, Smith will oversee all financial functions, including equity financing, investor relations, and business development, reporting directly to CEO Dr. Wendye Robbins.

Positive

• Appointment of experienced CFO with over 30 years in healthcare sector
• Track record of raising over $1 billion in financing
• First CFO appointment indicates company growth phase
• Extensive experience in both public and private companies

Negative

• None.

• Accomplished financial executive with extensive strategic and operational leadership in emerging growth and commercial stage healthcare companies
• Extensive experience in private and public equity financings with more than $1 billion raised

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Incendia Therapeutics, a clinical-stage biotechnology company discovering and developing novel monoclonal antibody therapies that disrupt the tumor microenvironment (TME) to improve cancer outcomes, today announced the appointment of Bradford Smith as Chief Financial Officer (CFO). Smith is an accomplished financial executive with more than 30 years of strategic and operational leadership in emerging growth and commercial stage healthcare companies. He has previously served in CFO roles with publicly traded and privately held companies that include Homology Medicines, Ocular Therapeutix, OmniGuide, NeuroMetrix, and Synarc. Smith also serves as a board member and Audit Committee Chair for Lyra Therapeutics (Nasdaq: LYRA) and eGenesis. He holds a Bachelor of Science degree in biology from Tufts University and a Master of Business Administration from the Whittemore School at the University of New Hampshire.

“Brad’s deep experience in company building, infrastructure, and finance will be critical as we advance our clinical-stage and pipeline programs and grow the organization” said Wendye R. Robbins, M.D., president and CEO of Incendia. “During the course of his career, Brad has raised more than $1 billion of financing and delivered value for investors and patients. I am delighted to welcome him to the Incendia team.”

“I’m thrilled to join Incendia as the company advances its pipeline of therapies that disrupt the tumor microenvironment, enabling better treatment of solid tumors,” said Smith. “I look forward to working with Wendye and the talented team at Incendia. It’s an exciting time as the company advances its lead program toward phase 2 and pipeline programs prepare for the clinic.”

Smith will report to Dr. Robbins as the Company’s first CFO. He will oversee all financial functions within Incendia, including equity financing, investor relations, business development, financial planning and analysis, budgeting and forecasting, and accounting.

About Incendia Therapeutics

Incendia Therapeutics is a clinical-stage biotechnology company discovering and developing novel monoclonal antibody therapies that reengineer the tumor microenvironment (TME) to improve cancer outcomes. The company’s approach targets immune-excluded solid tumors, an identifiable, prevalent tumor phenotype with high treatment relapse rates. By breaking down barriers in the TME, immune cells can reach tumors and improve treatment outcomes in solid cancers. The Company’s most advanced investigational therapeutic, PRTH-101, is in a Phase 1c clinical trial for the treatment of patients with advanced solid tumors. The Company is targeting initiation of Phase 2 in 2H2025. For more information visit incendia.com and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241203831306/en/

Michael Blash

michael.blash@incendiatx.com

Source: Incendia Therapeutics

FAQ

Who is the new CFO of Incendia Therapeutics?

Bradford Smith has been appointed as the new Chief Financial Officer of Incendia Therapeutics. He brings over 30 years of experience in healthcare companies.

What is Bradford Smith's role on Lyra Therapeutics (LYRA) board?

Bradford Smith serves as a board member and Audit Committee Chair for Lyra Therapeutics (NASDAQ: LYRA).

How much financing has Bradford Smith raised in his career?

Throughout his career, Bradford Smith has raised more than $1 billion in financing.

What companies has Bradford Smith previously worked for as CFO?

Bradford Smith has previously served as CFO at Homology Medicines, Ocular Therapeutix, OmniGuide, NeuroMetrix, and Synarc.