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Biomea Fusion Appoints Julianne Averill to its Board of Directors

Key Takeaway: Biomea Fusion, Inc. has appointed Julianne Averill to its Board of Directors, effective July 22, 2025. Averill, a seasoned finance and strategy executive with over 20 years in the life sciences and digital health sectors, succeeds Bihua Chen, who has stepped down after four years. The company believes Averill's expertise will significantly contribute to advancing its diabetes and obesity care programs as it prepares for future growth.

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POSITIVE FACTORS

  • Appointment of Julianne Averill brings extensive expertise to the Board.
  • Averill's background in finance and healthcare innovation aligns well with Biomea's mission.
  • The company expresses optimism about future growth with Averill's contributions.

Full Press Release Details

Biomea Fusion Appoints Julianne Averill to its Board of Directors
SAN CARLOS, Calif., July 24, 2025 (GLOBE NEWSWIRE) Biomea Fusion, Inc. ( Biomea, Biomea Fusion or the Company )
(Nasdaq: BMEA), a clinical-stage diabetes and obesity medicines company, today announced the appointment of Julianne Averill to its Board of Directors (the Board ), effective July 22, 2025. Ms. Averill has also been appointed to
serve as a member of the Audit Committee. She succeeds Bihua Chen, who has stepped down from the Board after more than four years of dedicated service.
Julianne is an accomplished leader whose extensive financial, operational, and strategic expertise in the life sciences and digital health industries
will be a tremendous asset to Biomea. Her proven track record in capital markets, governance, and healthcare innovation aligns with our mission to transform diabetes and obesity care. We look forward to Julianne s contributions as we advance
our programs and prepare for future growth, said Mick Hitchcock, Interim Chief Executive Officer and member of the Board. On behalf of the entire team and our Board, I would like to thank Bihua Chen for her many years of continued
commitment to Biomea, her professional and expert guidance, and her ongoing support.
Ms. Averill is a seasoned finance and strategy executive
with over two decades of experience in high-growth life sciences and digital health companies across private, public, and global markets. She currently serves as Managing Director at Danforth Advisors, where she drives business growth on the West
Coast and serves as interim Chief Financial Officer and strategic advisor to late-stage biopharma organizations. Her expertise spans capital markets, M&A, organizational design and operational scale, with direct involvement in transactions and
strategic initiatives exceeding $10 billion in aggregate value.
Ms. Averill earned her B.S. in Business Administration and an M.S. in
Accountancy, both from California State University. She is also a licensed CPA in California, is a Society of Human Resources Certified Professional, and holds the National Association of Corporate Directors Directorship Certification.
Biomea Fusion is a clinical-stage
diabetes and obesity medicines company focused on the development of its oral small molecules, icovamenib and BMF-650, both being developed to significantly improve the lives of patients with diabetes,
Meichiel Jennifer Weiss
Sr. Director, Investor
Relations and Corporate Development

Frequently Asked Questions

Who has been appointed to Biomea's Board of Directors?

Julianne Averill has been appointed to Biomea Fusion's Board of Directors.

When did Julianne Averill join Biomea's Board?

Julianne Averill joined Biomea's Board on July 22, 2025.

What role will Julianne Averill serve in Biomea?

She will also serve on the Audit Committee at Biomea Fusion.

What is Biomea Fusion focused on developing?

Biomea Fusion develops oral small molecules for diabetes and obesity care.

What prior experience does Julianne Averill have?

She has over twenty years of experience in life sciences and digital health.

Last updated: Jul 24, 2025