Daniel Welch, the man who previously headed up several biotechs that were sold to pharma majors over the past several years, has joined privately-held US biopharma company InCarda Therapeutics as executive chairman.
Mr Welch possesses more than 30 years of experience in both multinational pharmaceutical and biotechnology companies.
During his career, Mr Welch has led multiple biopharmaceutical companies that achieved significant value creation during his tenure. He was chairman of AveXis when the company was acquired by Novartis (NOVN: VX) for $8.7 billion in 2018, served as president, chief executive and chairman of InterMune when the company was sold to Roche (ROG: SIX) for $8.3 billion in 2014 and served as chairman and chief executive of Triangle Pharmaceuticals when it was acquired by Gilead Sciences (Nasdaq: GILD) in 2003 for $464 million.
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