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Design Therapeutics
chairman
Pratik Shah
has succeeded
João Siffert
as CEO while teasing a “strategic realignment” that won’t be revealed until early 2024,
according to its Q3 report
. Design does elaborate on the status of its cash runway, which is projected to keep the lights on “through 2028” as a result of the changes. Shah has chaired the board since 2017 and is connected to two
Laura Shawver
biotechs as the ex-chairman of
Synthorx
—
purchased by
Sanofi
— and the current chairman at
ARS Pharmaceuticals
, which
merged with
Shawver-led
Silverback Therapeutics
last year. Siffert took the top spot at Design in October 2020 after resigning as CEO, head of R&D and CMO at
Abeona Therapeutics
.