REDWOOD CITY, CA--(Marketwired - Dec 16, 2013) - Versartis, Inc. today announced the expansion of its management team with the appointment of Joshua T. Brumm as its first Chief Financial Officer. Mr. Brumm will report to Chief Executive Officer Jeffrey L. Cleland, PhD, and will lead the company's financial operations including responsibility for investor relations.
"Josh has a strong track record of building successful companies and building great finance teams," commented Dr. Cleland. "His knowledge and experience in corporate finance, investment banking and commercialization will be invaluable to our management team as we continue to advance Versartis towards a commercial business and further prepare for Phase 3 clinical trials for VRS-317, our long-acting treatment for growth hormone deficiency," Dr. Cleland continued. "His appointment comes during a particularly exciting stage of development for Versartis and will significantly strengthen our management team."
Mr. Brumm was most recently Executive Vice President of Finance at Pharmacyclics Inc. (
Versartis, Inc. is an endocrine-focused biopharmaceutical company initially developing VRS-317, a novel long-acting form of human growth hormone, for the treatment of growth hormone deficiency. The company is currently conducting a Phase 2 clinical trial of VRS-317 in children with growth hormone deficiency. Further information on Versartis can be found at www.versartis.com.