BMY - Evelo Biosciences names former Alnylam MyoKardia CEOs as strategic advisors
John Maraganore and Tassos Gianakakos, the former CEOs of, respectively, Alnylam Pharmaceuticals (ALNY) and MyoKardia, are joining Evelo Biosciences (NASDAQ:EVLO) as strategic advisors. Maraganore was Alnylam's founding CEO and just left the company last year, while Gianakakos served as MyoKardia CEO for eight years until the company was acquired by Bristol-Myers Squibb (BMY) in 2020. Evelo (EVLO) is focused on inflammatory diseases. Its latest stasge candidate, EDP1815, is in phase 2 for psoriasis and atopic dermatitis. Shares are up 12% in Friday afternoon trading. Seeking Alpha's Quant Ratings views Evelo (EVLO) as a strong sell.
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Evelo Biosciences names former Alnylam, MyoKardia CEOs as strategic advisors