Arch Oncology Appoints Laurence Blumberg, M.D. President and CEO

On April 7, 2021 Arch Oncology, Inc., a clinical-stage immuno-oncology company focused on the discovery and development of anti-CD47 antibody therapies, reported the appointment of Laurence Blumberg, M.D. as President and Chief Executive Officer and Board Member (Press release, Arch Oncology, APR 7, 2021, View Source;utm_medium=rss&utm_campaign=arch-oncology-appoints-laurence-blumberg-president-and-ceo [SID1234577679]). Dr. Blumberg has over thirty years of biotechnology industry experience leading companies as an executive, founder, analyst, and board member.

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"On behalf of the Board, I welcome Laur to Arch Oncology as he brings extensive industry experience to lead the Company’s plans for AO-176, a novel anti-CD47 therapy for patients with cancer," said John McKearn, Ph.D., Managing Director, RiverVest Venture Partners and Chairman of the Board of Arch Oncology. "AO-176 has a differentiated and potentially best-in-class profile among anti-CD47 biologic therapies and we look forward to Laur leading the team’s progress as they work to deliver this novel therapy to patients."

Dr. Blumberg, added, "I am excited to join this team to build on the important work underway. With the ongoing clinical trials for AO-176 in patients with solid tumors and hematologic malignancies, I look forward to reaching multiple upcoming milestones, including the first reported clinical data mid-year 2021. This is an exciting moment in our Company’s evolution as we continue our mission on behalf of patients with cancer who need better therapeutic options."

He received a B.A. from Brandeis University, an M.D. from Temple University School of Medicine, and an Executive MBA from Columbia University School of Business. He completed an Internship in Surgery at Abington Memorial Hospital and was an Otolaryngology resident at Geisinger Medical Center prior to his biotechnology career.