Bright Peak Therapeutics Appoints John Schmid to its Board of Directors

Core Insights - Bright Peak Therapeutics has appointed John Schmid to its Board of Directors, bringing extensive experience in the biotechnology sector [1][2] - Schmid has over 35 years of financial and senior management experience, having raised over $900 million through various financing methods [2][4] - The company is focused on developing multifunctional immunotherapies for cancer, with its lead program BPT567 currently in Phase 1/2a clinical trials [5] Company Overview - Bright Peak Therapeutics is a clinical-stage biotechnology company specializing in multifunctional immunotherapies for cancer [5] - The company utilizes innovative protein engineering and a proprietary chemical conjugation platform to develop its pipeline [5] - Bright Peak operates from dual locations in San Diego, California, and Basel, Switzerland [5] Leadership and Experience - John Schmid has a proven track record, having guided two companies through successful IPOs and participated in six additional IPOs as an independent board member [2][4] - His previous roles include CFO of Auspex Pharmaceuticals, which went public in 2014 and was sold to Teva for$3.5 billion, and co-founder of Trius Therapeutics, acquired for over $700 million [4] - Schmid currently serves on the boards of several biotechnology companies and acts as Audit Chair for each [3]