Iambic Therapeutics Appoints Michael Secora as CFO and Chief Corporate Development Officer
Portfolio - People | Jan 06, 2025 | Abingworth LLP

Iambic Therapeutics, a San Diego-based clinical-stage biotechnology company, has announced the appointment of Michael Secora, Ph.D., as its new Chief Corporate Development Officer and Chief Financial Officer. Dr. Secora, who brings a wealth of experience from his previous role at Recursion, will oversee Iambic's finance and corporate development activities. His responsibilities will include positioning the company's innovative AI-driven platform to potential partners, investors, and stakeholders. Iambic's technology platform, which integrates AI with drug discovery processes, has purportedly accelerated the transition from program onset to Phase 1 clinical trials. The article highlights Dr. Secora's enthusiasm for Iambic's leadership, experimental approach, and swift clinical pipeline advancement. Dr. Secora emphasized Iambic's potential for substantial, positive impact in the biotechnology field.
Sectors
- Biotechnology
- Artificial Intelligence
- Healthcare
Geography
- United States – Iambic Therapeutics is headquartered in San Diego, California, and the article primarily discusses activities in this region.
Industry
- Biotechnology – The article revolves around Iambic Therapeutics, a biotechnology company that is leveraging AI in drug discovery and development.
- Artificial Intelligence – Iambic's AI-driven discovery platform and its integration into the drug development process are central to the company's operations.
- Healthcare – The article discusses the development of novel medicines and clinical trials, which are part of the healthcare sector.
Financials
- $1.3 billion – The amount raised by Recursion in private and public fundraising rounds under Michael Secora's leadership.
Participants
Name | Role | Type | Description |
---|---|---|---|
Iambic Therapeutics | Company | Target | A clinical-stage biotechnology company developing novel medicines using an AI-driven discovery and development platform. |
Michael Secora, Ph.D. | Person | People | Appointed as Chief Corporate Development Officer and Chief Financial Officer at Iambic Therapeutics. |
Abingworth LLP | Company | PE Firm | Private equity firm backing Iambic Therapeutics. |
Recursion | Company | Previous Employer | Michael Secora's former company where he served as CFO and Executive Leader of Value Translation. |
Tom Miller, Ph.D. | Person | Executive | Co-Founder and CEO of Iambic Therapeutics. |