On February 6, 2025 Tubulis reported the appointment of Matthew Norkunas, MD, MBA, as Chief Financial Officer (CFO) and President of Tubulis Inc., further strengthening its management team at a pivotal stage of growth. Dr. Norkunas’ proven track record of achieving financial and corporate goals for rapidly evolving biotechs will be instrumental in advancing Tubulis’ strategic objectives (Press release, Tubulis, FEB 6, 2025, View Source [SID1234650093]). His unique background as a physician-turned-business executive will support the company’s position as a leader and innovator in ADC drug development. Based in Tubulis’ U.S. Cambridge office, Dr. Norkunas’ appointment also expands the company’s U.S. presence.
Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:
Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing
Schedule Your 30 min Free Demo!
"Tubulis has built a strong financial position to advance its portfolio of ADC drug candidates and Matt’s impressive expertise in finance, business operations and capital markets, combined with his deep understanding of value creation in the biotech sector, makes him an outstanding addition to our team," said Dominik Schumacher, PhD, CEO and Co-founder of Tubulis. "As we focus on the next stage of corporate and pipeline development, his strategic insights and financial acumen will be critical in positioning Tubulis for long-term success."
"Tubulis is rapidly emerging as a front-runner in the ADC space, with a differentiated approach and cutting-edge technologies designed to overcome long-standing challenges in the field," said Matthew Norkunas, MD, MBA, CFO of Tubulis. "I am genuinely excited to join the company and look forward to working with the entire Tubulis team to further accelerate its innovative pipeline, which has the potential to make a profound difference in patients’ lives."
Dr. Norkunas brings extensive experience in financial leadership within the life sciences industry, having served as CFO at publicly listed and private biotech companies. Most recently, he was CFO at Generation Bio (Nasdaq: GBIO), where he oversaw financial operations and strategy for over four years. Before that, he served as CFO and Head of Corporate & Business Development at SomaLogic, driving key corporate growth initiatives. His career also includes experience in healthcare investment and operational roles, providing a broad perspective on biotech financial strategy. In addition to his position at Tubulis, Matthew Norkunas currently serves as a Board Member at oncology-focused cell and gene therapy company Obsidian Therapeutics. He is a trained anesthesiologist with an MD from the University of Maryland School of Medicine and an MBA from the Columbia Business School.