Karyopharm plunges as CMO steps down; clinical appointments

23 February 2022

US cancer therapies specialist Karyopharm Therapeutics (Nasdaq: KPTI) saw its shares drop as much as 31% Tuesday, on the news that its chief medical officer was stepping down, even though it also announced two prominent research appointments.

Karyopharm announced changes to its clinical leadership team, including the appointment of Dr Patricia Judson as senior vice president of medical strategy and Stuart Poulton as SVP of strategy and portfolio management.

In addition, the company revealed that Dr Jatin Shah, executive VP and chief medical officer has stepped down to pursue other professional opportunities, but he will continue to serve Karyopharm in an advisory capacity.

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