CAMBRIDGE, England– Crescendo Biologics Ltd (Crescendo), a clinical-stage immuno-oncology company developing novel, targeted T cell enhancing therapeutics, today announces the appointment of Dr Michael Booth as Chief Financial Officer (CFO). Mike joins with over 20 years’ experience in corporate finance within the biopharmaceutical industry.
Mike joins Crescendo at an important stage of its development, following the initiation of its Phase Ia/Ib trial for Crescendo’s lead Humabody® programme, CB307, a first-in-class PSMA x CD137 T cell enhancer. Mike will be responsible for Crescendo’s financial strategy and reporting, as well as global investor relations.
Prior to joining Crescendo, Mike served as Division Vice President, Investor Relations & Corporate Responsibility at Incyte (NASDAQ: INCY). Before that, he was Senior Vice President, Communications & Corporate Affairs at Algeta ASA, where he was responsible for corporate communications and capital markets strategies. Prior to Algeta, Mike was Managing Director at The Trout Group, where he helped build the European client base of biotech and healthcare companies, delivering strategic and investor relations consultancy services. He has also held pan-European biotechnology equity research roles at Canaccord, Bank of America, and UBS Investment Bank. Mike earned his DPhil in Neuroscience from the University of Oxford and graduated from the University of St Andrews with a BSc in Psychology.
“We are delighted to welcome Mike to the team. His proven track record and wide-ranging financial expertise and relationships will be crucial as Crescendo enters its next phase of growth.” commented Theodora Harold, CEO of Crescendo. “We now have a highly experienced team in place, committed to progressing our pipeline of innovative, first-in-class, T cell enhancing programmes. I am confident Mike will add tremendous value as Crescendo looks to achieve its full potential.”
Dr Michael Booth, CFO of Crescendo, said: “Crescendo is an ambitious company with a unique platform and an innovative pipeline of T cell enhancing therapeutics. This is a very exciting time to join the team, given that the first clinical trial for CB307, the lead Humabody® programme, is now underway.”
