Fibrocor Therapeutics, a privately-held Canadian developer of therapeutics to treat fibrosis, has named William Newsome III as president and chief executive and Piet Wigerinck as chief scientific advisor.
William P Newsome III was one of the co-founders of Fibrocor when he was with German drug discovery firm Evotec (ETR: EVT) and he has remained closely involved with the company as a non-executive director since 2018.
Dr Wigerinck is a highly experienced drug hunter, having taken four drugs - Prezista (darunavir), Olysio (simeprevir), Jyseleca (filgotinib) and Rekambys (rilpivirine) - to market.
Fibrocor focuses on rare fibrotic indications, including idiopathic pulmonary fibrosis, genetic kidney disorders, chronic allograph nephropathy and primary sclerosing cholangitis, a type of chronic bile duct disease which often leads to liver failure.
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