Salute e Benessere
AstronauTx appoints Jane Rhodes as Chief Executive Officer and Expands Executive Team
A neuroscientist by training, Jane began her career in the field of discovery research and worked on novel therapies for Alzheimer's disease, Parkinson's disease, amyotrophic lateral sclerosis (ALS), stroke and multiple sclerosis (MS). She has contributed to the development and launch of several marketed products for neurological indications over the span of her career.
She co-founded Qr8 Health, a digital health company, and currently serves as Chair of the Board of Pheno Therapeutics and as a Non-Executive Director at Turbine AI. Jane holds an undergraduate degree in Pharmacology and Physiology, and has a Ph.D. in Neurophysiology, both from the University of Manchester , and a Masters in Business Administration from the Babson College F.W. Olin School of Business.
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Magnus is a seasoned drug developer with more than 20 years of experience in the global pharmaceutical and biotechnology industry. He has held a range of senior research leadership roles, with responsibilities ranging from early discovery, translation and early clinical development for both small molecules and biologics with a focus on sleep, EEG and neurodegeneration.
Magnus's career includes more than a decade at large pharmaceutical companies Pfizer, Merck and AstraZeneca. Over the last 10+ years, he has held senior leadership positions at multiple successful biotechnology companies in Boston , including Aliada Therapeutics, Vesalius Therapeutics, Alkermes Plc, Rodin Therapeutics and Proteostasis Therapeutics. In these roles, Magnus has been pivotal in advancing both small molecules and biologics into the clinic, and he played a key role in the acquisition of Rodin by Alkermes in 2019.
He has been an honorary associate professor at University of Melbourne , Australia, a research fellow at University College London, UK , and earned his Ph.D. from Lund University in Sweden .
AstronauTx is a biotech company developing novel treatments for Alzheimer's disease and other neurodegenerative disorders, based on amplifying the brain's own physiological protective mechanisms.
AstronauTx was created by SV Health Investors' Dementia Discovery Fund in 2019 with additional seed stage funding from the UCL Technology Fund and the UK Future Fund, and completed a £48 million/$61milion Series A financing in October 2023 . The syndicate was led by the Novartis Venture Fund, with participation from SV's Dementia Discovery Fund and new investors MPM BioImpact, Brandon Capital, EQT Life Sciences and Bristol Myers Squibb.
In July 2023 , AstronauTx announced a partnership with Saniona, a Danish biotechnology company, to identify new treatments by modulating a novel, undisclosed ion channel target, expanding the Company's portfolio of programmes. In September 2023 , AstronauTx was awarded an Innovate UK grant to fund preclinical work on one of its programmes.
For more information, please go to www.AstronauTx.Bio .
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