Form 8-K · Current Report · Filed 2024-09-17
Crinetics Pharmaceuticals Announces Departure of Chief Commercial Officer
On September 13, 2024, Crinetics Pharmaceuticals, Inc.
- Filer
- Crinetics Pharmaceuticals Inc. CRNX · NASDAQ
- Filed
- Accession
- 0000950170-24-107259
- CIK
- 0001658247
- Signal
- High impactHealthcare
- Source
- Official filing on sec.gov ↗
Details
announced the departure of James Hassard, its Chief Commercial Officer, effective October 14, 2024. As per the Employment Agreement dated February 16, 2022, Mr. Hassard is entitled to receive termination payments and benefits if certain conditions are met.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$53.94
Next session
-2.2%
Since filing
+54.8%
Latest close
$83.52
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CRNX reporting the same item, with the next session's move:
About Crinetics Pharmaceuticals Inc.
Crinetics Pharmaceuticals Inc. is a biopharmaceutical company dedicated to the development of novel therapeutics for patients with endocrine conditions and other rare diseases. The primary focus of Crinetics is on crafting oral therapies that target hormone receptors, offering significant potential to transform the treatment landscape for several disorders. The company's pipeline includes investigational drugs such as paltusotine and CRN04894, aimed at addressing conditions like acromegaly and congenital adrenal hyperplasia, respectively. Crinetics combines cutting-edge drug discovery with an in-depth understanding of disease biology to impact the field of endocrinology substantially. By specializing in small molecules, Crinetics Pharmaceuticals seeks to provide new treatment options that enhance patient quality of life and address significant unmet medical needs. Headquartered in San Diego, California, the enterprise collaborates with academic institutions and industry partners to position its innovations at the forefront of medical advancement. Its work holds significant potential to influence the pharmaceutical industry, contributing to the expansion of targeted therapies within niche markets where few options currently exist.
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