Founder‑CEO Dr. Andrea Pfeifer has historically secured multiple large‑pharma deals and owns meaningful equity; however, she announced plans to retire at the upcoming 2026 AGM, with the board chair to serve as interim CEO during the search. Governance includes experienced industry figures, though the transition adds uncertainty before pivotal data.
Insider and major holders include BVF and dievini Hopp BioTech. On balance, the track record on partnering is strong, but leadership transition ahead of key readouts tempers our score.







