leadership
confidence high
sentiment neutral
materiality 0.55
Terns CEO Senthil Sundaram resigns for health reasons; Erin Quirk assumes leadership as principal executive officer
Terns Pharmaceuticals, Inc.
- Senthil Sundaram resigned as CEO and Board member due to health reasons previously disclosed in January 2022.
- Erin Quirk, M.D., President and Head of R&D, assumed leadership effective immediately as principal executive officer.
- Sundaram will remain as a Senior Advisor to the company.
- Company plans three key clinical data readouts across three programs by end of 2024; balance sheet supports milestones.