logo
Mirum Pharmaceuticals Appoints Doug Sheehy, JD, as Chief Legal Officer

Mirum Pharmaceuticals Appoints Doug Sheehy, JD, as Chief Legal Officer

Business Wire19-05-2025
FOSTER CITY, Calif.--(BUSINESS WIRE)--Mirum Pharmaceuticals, Inc. (NASDAQ: MIRM) today announced the appointment of Doug Sheehy, JD, as chief legal officer. Mr. Sheehy brings nearly two decades of experience leading global legal and compliance operations for biopharmaceutical companies.
Mr. Sheehy was most recently chief legal officer and secretary at Sonoma Biotherapeutics, Inc., which is developing regulatory T cell therapies for autoimmune and inflammatory diseases. Prior to Sonoma, from 2016 to 2020, he served as general counsel and secretary for Aimmune Therapeutics, Inc., a biopharmaceutical company that specialized in the development and commercialization of treatments for life-threatening food allergies. Mr. Sheehy served at Aimmune until its acquisition by Nestle Health Science in 2020. Before Aimmune, from 2007-2016, he was executive vice president, chief administrative officer, general counsel, and secretary of Codexis, Inc., a company focused on the development of synthetic enzymes for the pharmaceutical and food industries. Earlier in his career, he served in several roles within the legal department at CV Therapeutics. Mr. Sheehy began his career as a corporate and securities lawyer in Silicon Valley representing emerging growth companies and venture funds. Mr. Sheehy received an A.B. in History from Dartmouth College and a J.D. from American University's Washington College of Law.
'Doug brings extensive global legal experience that will strengthen Mirum's capabilities as we continue to grow our commercial business and advance our rare disease pipeline,' said Chris Peetz, chief executive officer at Mirum. 'Doug will be a great addition to Mirum's leadership team, and I look forward to leveraging his experience in guiding transformative growth for the company.'
'Mirum is an impressive company that has established its place as a leader in rare disease, and I am excited to have the opportunity to join the leadership team and contribute to the exciting work underway,' said Doug Sheehy. 'The company has a focused growth strategy and is poised for continued success as it works to make a meaningful difference in the lives of people impacted by rare disease.'
About Mirum Pharmaceuticals, Inc.
Mirum Pharmaceuticals, Inc. is a biopharmaceutical company dedicated to transforming the treatment of rare diseases affecting children and adults. Mirum has three approved medications: LIVMARLI® (maralixibat) oral solution/LIVMARLI® (maralixibat) tablets, CHOLBAM® (cholic acid) capsules, and CTEXLI™ (chenodiol) tablets.
LIVMARLI, an IBAT inhibitor, is approved for the treatment of two rare liver diseases affecting children and adults. It is approved for the treatment of cholestatic pruritus in patients with Alagille syndrome in the U.S. (three months and older), in Europe (two months and older), and in other regions globally. It is also approved in the U.S. in cholestatic pruritus in PFIC patients 12 months of age and older; in Europe, it is approved for patients with PFIC three months of age and older. Mirum has initiated the Phase 3 EXPAND study, a label expansion opportunity for LIVMARLI in additional settings of cholestatic pruritus. CHOLBAM is FDA-approved for the treatment of bile acid synthesis disorders due to single enzyme deficiencies and adjunctive treatment of peroxisomal disorders in patients who show signs or symptoms of liver disease.
CTEXLI is FDA-approved for the treatment of cerebrotendinous xanthomatosis (CTX) in adults.
Mirum's late-stage pipeline includes two investigational treatments for several rare diseases.
Volixibat, an IBAT inhibitor, is being evaluated in two potentially registrational studies including the Phase 2 VISTAS study for primary sclerosing cholangitis (PSC) and Phase 2b VANTAGE study for primary biliary cholangitis. Volixibat has been granted Breakthrough Therapy Designation for the treatment of cholestatic pruritus in patients with PBC. Mirum is also planning for a Phase 2 study evaluating MRM-3379, a PDE4D inhibitor for the treatment of Fragile X syndrome, a rare genetic neurocognitive disorder.
To learn more about Mirum, visit mirumpharma.com and follow Mirum on Facebook, LinkedIn, Instagram and Twitter (X).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Does Neogen Corporation (NEOG) Have a Significant Upside?
Does Neogen Corporation (NEOG) Have a Significant Upside?

Yahoo

time9 minutes ago

  • Yahoo

Does Neogen Corporation (NEOG) Have a Significant Upside?

Baron Funds, an investment management company, released its 'Baron Small Cap Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter of 2025, the fund was up 10.38%% (Institutional Shares) compared to the Russell 2000 Growth Index's (the Index) 11.97% return. Year to date, the Fund is up 0.36% compared to the index's (0.48)% return. Small-cap stocks recovered well during the quarter and performed in line with the overall market but have significantly trailed larger-cap stocks this year. In addition, please check the fund's top five holdings to know its best picks in 2025. In its second-quarter 2025 investor letter, Baron Small Cap Fund highlighted stocks such as Neogen Corporation (NASDAQ:NEOG). Neogen Corporation (NASDAQ:NEOG) engages in the development of various products and services dedicated to food and animal safety. The one-month return of Neogen Corporation (NASDAQ:NEOG) was -2.68%, and its shares lost 69.06% of their value over the last 52 weeks. On August 8, 2025, Neogen Corporation (NASDAQ:NEOG) stock closed at $5.08 per share, with a market capitalization of $1.103 billion. Baron Small Cap Fund stated the following regarding Neogen Corporation (NASDAQ:NEOG) in its second quarter 2025 investor letter: "Shares of Neogen Corporation (NASDAQ:NEOG), a leading provider of food and animal safety products, detracted from performance. The company reported weak fiscal Q3 2025 earnings, lowered its fiscal 2025 guidance, and announced that its CEO will step down later this year. Several years of M&A integration and operational hiccups have cratered the stock. We expect near-term volatility to persist but retain long-term conviction. We added to our position as shares have significant upside. The company is selling non-core businesses at goal prices, which is de-levering its balance sheet and should enhance the growth profile. We are hopeful that the company is nearing the end of its transition and will revert to nice growth shortly." A research laboratory showing advanced diagnostic equipment used to protect public health. Neogen Corporation (NASDAQ:NEOG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 15 hedge fund portfolios held Neogen Corporation (NASDAQ:NEOG) at the end of the first quarter, which was 15 in the previous quarter. While we acknowledge the potential of Neogen Corporation (NASDAQ:NEOG) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Neogen Corporation (NASDAQ:NEOG) and shared Conestoga Capital Advisors' views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

CMB International Securities Raised the Firm's PT on Meta Platforms (META)
CMB International Securities Raised the Firm's PT on Meta Platforms (META)

Yahoo

time9 minutes ago

  • Yahoo

CMB International Securities Raised the Firm's PT on Meta Platforms (META)

Meta Platforms, Inc. (NASDAQ:META) is one of the Good Stocks to Invest in Now. On August 1, Saiyi He from CMB International Securities raised the firm's price target on Meta Platforms, Inc. (NASDAQ:META) from $760 to $860, while maintaining a Buy rating on the stock. The analyst noted that the company's Q2 revenue grew by 22% year-over-year, driven by AI-enhanced ad impressions and pricing. Moreover, the net income grew by 36%, which was well above expectations. Saiyi noted that the management is expecting continued revenue growth in the third quarter as well, beating the market expectations. A team of developers working in unison to create the company's messaging application. The analyst highlighted that AI advancements are central to Meta Platforms, Inc.'s (NASDAQ:META) business. The company has improved AI-powered ad recommendation models, leading to better ad conversions on Facebook and Instagram. It is also investing in AI talent and infrastructure, which Saiyi believes will help the company maintain its AI leading position. Meta Platforms, Inc. (NASDAQ:META) is a tech company that connects people through social media and immersive experiences. While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Morgan Stanley Raised the Firm's PT on Broadcom Inc. (AVGO), Kept an Overweight Rating
Morgan Stanley Raised the Firm's PT on Broadcom Inc. (AVGO), Kept an Overweight Rating

Yahoo

time9 minutes ago

  • Yahoo

Morgan Stanley Raised the Firm's PT on Broadcom Inc. (AVGO), Kept an Overweight Rating

Broadcom Inc. (NASDAQ:AVGO) is one of the Good Stocks to Invest in Now. On July 30, Joseph Moore from Morgan Stanley raised the firm's price target on Broadcom Inc. (NASDAQ:AVGO) from $270 to $338, while keeping an overweight rating on the stock. The bullish sentiment is based on the company's position in the AI semiconductor market. The firm believes that the increased enthusiasm for AI semiconductors is justified by the long-term strength of Broadcom Inc.'s (NASDAQ:AVGO) business. Morgan Stanley sees the company as one of the most uncontroversial names in the AI market. The firm has also raised price targets for AI-linked semiconductor companies in its coverage. A technician working at a magnified microscope, developing a new integrated circuit. Broadcom Inc. (NASDAQ:AVGO) is an international technology company that designs and supplies a wide range of semiconductor chips. While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store