OMass: Leadership Promotions Bolster Team for Strategic Advances

Portfolio - People | Dec 06, 2024 | oxford sciences innovation

OMass Therapeutics, a biotechnology firm focused on developing medicines against complex biological targets, has announced two key leadership promotions. Dr. Hsin Loke has been promoted to the role of Chief Operating Officer, while Jon Roffey, Ph.D., has been elevated to Senior Vice President of Discovery and Non-Clinical operations. Both leaders bring a wealth of experience from notable biotech and pharmaceutical roles, enhancing OMass's capabilities in areas such as finance, operations, and drug discovery. Hsin Loke, who joined the company in 2018, has a strong background in finance and operational leadership, particularly within GSK's Rare Diseases Unit. Her appointment as COO reflects her effectiveness in advancing strategic goals at OMass. Jon Roffey, bringing over two decades of drug discovery experience from roles in oncology and CNS disorders, was previously the head of medicinal chemistry at OMass. His new title will see him continue to leverage the company's OdyssION platform in the development of innovative treatments for rare diseases. The OdyssION platform distinguishes itself by using advanced mass spectrometry techniques, allowing for precise drug-target interaction studies, leading to groundbreaking therapeutic solutions. These leadership changes occur as OMass continues to advance its pipeline, particularly with its MC2 receptor antagonist programs targeted at rare diseases like Congenital Adrenal Hyperplasia and Cushing's Syndrome. The company, headquartered in Oxford, UK, continues to enjoy substantial financial backing, having raised over $160 million from a mix of international investors.

Sectors

  • Biotechnology
  • Pharmaceuticals

Geography

  • United Kingdom – OMass Therapeutics is headquartered in Oxford, United Kingdom, and the leadership changes are occurring within this geographic context.

Industry

  • Biotechnology – The article is focused on OMass Therapeutics, which operates in the biotechnology sector by developing medicines against complex biological targets.
  • Pharmaceuticals – OMass's development of small molecule therapeutics for diseases like Congenital Adrenal Hyperplasia and Cushing's Syndrome places it in the pharmaceutical industry.

Financials

  • $160M (129M GBP) – The amount raised by OMass Therapeutics from its investor syndicate.

Participants

NameRoleTypeDescription
OMass TherapeuticsTarget CompanyCompanyA biotechnology company focused on discovering medicines against complex biological targets.
Dr. Hsin LokeChief Operating OfficerPersonRecently promoted to COO at OMass, bringing extensive experience in finance and operations.
Jon Roffey, Ph.D.Senior Vice President, Discovery and Non-ClinicalPersonPromoted to SVP, Discovery and Non-Clinical, with over 20 years in drug discovery.
Oxford Sciences InnovationPrivate Equity FirmCompanyA key investor involved in funding OMass Therapeutics.
SynconaInvestorCompanyPart of the investment syndicate backing OMass Therapeutics.
Oxford Science EnterprisesInvestorCompanyInvested in OMass Therapeutics.
GVInvestorCompanyParticipated in funding rounds for OMass.
Northpond VenturesInvestorCompanyInvested in OMass Therapeutics.
Sanofi VenturesInvestorCompanyPart of the financial backing for OMass.
British Patient CapitalInvestorCompanyAn investor in OMass Therapeutics.