5AM’s Chaurushiya becomes senior partner at Westlake
Plus Berkeley Lights shares sharply lower on CEO transition, Street misses and updates from Anavex, Notable Labs and more
After six years at 5AM Ventures, Mira Chaurushiya became senior partner at Westlake Village BioPartners. During her time at 5AM, Chaurushiya invested and served on the boards at Precision NanoSystems Inc., Ideaya Biosciences Inc. (NASDAQ:IDYA), Enliven Therapeutics, Escient Pharmaceuticals Inc., Magnetic Insight, Novome Biotechnologies Inc., Purigen Biosystems Inc. and TMRW Life Sciences.
Eric Hobbs is moving from his CEO post at Berkeley Lights Inc. (NASDAQ:BLI) to become president of the antibody therapeutics business line. The update comes as the digital cell biology company missed consensus revenue estimates and received multiple analyst downgrades, according to FactSet; shares fell 39% to $9.88. A search for a new CEO has begun...