CAMBRIDGE, Mass., Aug. 27, 2019 (GLOBE NEWSWIRE) -- Scholar Rock Holding Corporation (Nasdaq: SRRK), a clinical stage biopharmaceutical company, announced today that its Chief Financial Officer, Rhonda Chicko, will be leaving the Company to pursue other opportunities. She will continue in the position through September 30, 2019 as she works with Scholar Rock’s senior management team to ensure a smooth transition. The Company has initiated a search for a new Chief Financial Officer.
“Scholar Rock’s Board of Directors, management team, and employees are sincerely grateful to Rhonda for her many contributions to the company and we wish her well in her future endeavors,” said Nagesh Mahanthappa, Ph.D., President and CEO of Scholar Rock. “Rhonda played a key role in Scholar Rock’s initial public offering, subsequent financing, and has led the buildout of our financial and operational infrastructure to strengthen our financial processes. Scholar Rock is well positioned to continue executing towards our research, development and financial goals.”
“I’ve thoroughly enjoyed my time as part of the Scholar Rock team and am proud to have been a part of the Company’s many recent accomplishments,” said Ms. Chicko. “I am confident that the strong foundation that we’ve established will serve the Company well for many years to come.”
About Scholar Rock
Scholar Rock is a clinical-stage biopharmaceutical company focused on the discovery and development of innovative medicines for the treatment of serious diseases in which signaling by protein growth factors plays a fundamental role. Scholar Rock is creating a pipeline of novel product candidates with the potential to transform the lives of patients suffering from a wide range of serious diseases, including neuromuscular disorders, cancer, fibrosis and anemia. Scholar Rock’s newly elucidated understanding of the molecular mechanisms of growth factor activation enabled it to develop a proprietary platform for the discovery and development of monoclonal antibodies that locally and selectively target these signaling proteins at the cellular level. By developing product candidates that act in the disease microenvironment, the Company intends to avoid the historical challenges associated with inhibiting growth factors for therapeutic effect. Scholar Rock believes its focus on biologically validated growth factors may facilitate a more efficient development path. For more information, please visit www.ScholarRock.com
