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ALGS Positive Sentiment

Heather Preston

Key Takeaway: Heather Preston is a seasoned healthcare investor with over 30 years of experience. Currently, she serves as a Senior Advisor to TPG Biotech and holds board positions at several biotech companies. Her previous roles include Managing Partner at Pivotal BioVentures and extensive experience in consulting and investing. Dr. Preston has a strong academic background in biochemistry and medicine.
Price reaction · baseline $12.325 (2024-08-14 close) · hit after-hours · 5 other ALGS headline(s) in the window, move may be shared
day 0 close
-2.6%
day 1
+6.5%
day 3 · peak
+17.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Heather Preston has over 30 years of industry experience.
  • She has held significant roles in reputable biotech firms.
  • Her academic background includes prestigious scholarships and degrees.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+153%
120-day peak, hindsight
Typical move
6.1%
average across 6 past catalysts
Cash runway
~3 mo
High dilution risk
Lead asset
ALG-055009
Phase 2 · NASH

Full Press Release Details

Heather Preston is an experienced healthcare investor and company builder, with more than 30 years of industry experience. She is currently a Senior Advisor to TPG Biotech and serves on the Boards of Oxford Biomedica (OXB:LSE), Oxford Nanopore Technologies (ONT:LSE), and Azura Opthalmics. Previously, she was a Managing Partner of Pivotal BioVentures and a Firm Partner and Managing Director of TPG Biotech. She also held investing roles at JP Morgan Partners and New Enterprise Associates. Prior to her investing career, Dr. Preston spent five years at McKinsey & Co, where she was a leader of their pharmaceutical and medical products consulting practice. Dr. Preston has an undergraduate degree in biochemistry from the University of London and a medical degree from the University of Oxford. Dr. Preston completed a post-doctoral fellowship in molecular biology at the Dana Farber Cancer Institute, Harvard University and trained in Internal Medicine at the Massachusetts General Hospital and subspecialized in Gastroenterology and Hepatology at UCSF. During her academic medical career, she was the recipient of a Fulbright Scholarship, a Fulbright Cancer Research Scholarship, a Harlech Scholarship and a Science and Engineering Research Council Post-Doctoral Fellowship Award.

Frequently Asked Questions

What is Heather Preston's current role?

Heather Preston is currently a Senior Advisor to TPG Biotech.

How many years of experience does Heather Preston have?

Heather Preston has over 30 years of experience in the healthcare industry.

Which companies does Heather Preston serve on the board?

She serves on the boards of Oxford Biomedica, Oxford Nanopore Technologies, and Azura Opthalmics.

What is Heather Preston's academic background?

She holds an undergraduate degree in biochemistry and a medical degree from the University of Oxford.

Last updated: Aug 14, 2024