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Kymera Therapeutics Appoints Felix J. Baker, Ph.D., as Chairman of the Board of Directors

Key Takeaway: Kymera Therapeutics has appointed Felix J. Baker, Ph.D., as the new Chairman of the Board, succeeding Bruce Booth, who will remain as an Independent Director. Dr. Baker, who has been with the board since 2024, brings valuable experience in scaling innovative companies. The company aims to enhance its oral small molecule degrader pipeline to improve treatment options for patients.
Price reaction · baseline $99.87 (2026-06-24 close) · hit after-hours · 1 other KYMR headline(s) in the window, move may be shared
day 0 close · peak
+16.6%
day 1
+8.3%
day 3
+14.8%

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of a highly engaged strategic partner as Chairman.
  • Dr. Baker's extensive experience in scaling innovative companies.
  • Continued leadership from Bruce Booth as Independent Director.
  • Kymera's focus on advancing its oral degrader pipeline.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+111%
120-day peak, hindsight
Typical move
4.3%
average across 7 past catalysts
Cash runway
~83 mo
Minimal dilution risk
Lead asset
KT-621
Phase 2 · Atopic Dermatitis

Full Press Release Details

Bruce Booth, DPhil, Co-Founder and Chairman, to remain an Independent Director
WATERTOWN, Mass., June 24, 2026 (GLOBE NEWSWIRE) --Kymera Therapeutics, Inc.(NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing a new class of oral small molecule degrader medicines for immunological diseases, today announced the appointment of Felix J. Baker, PhD, as Chairman of the Board of Directors. Dr. Baker succeeds Bruce Booth, DPhil, who has served as Chairman since co-founding Kymera in 2016 and will remain an Independent Director.
“Since joining our Board in 2024, Felix has been a highly engaged strategic partner, with extensive experience in helping innovative companies scale and translate novel science into medicines. His insights have been invaluable as we advance multiple mid- to late-stage programs, expand our oral degrader pipeline and support Kymera’s next phase of growth,” said Nello Mainolfi, PhD, Founder, President and CEO, Kymera Therapeutics. “From the beginning, Bruce has been a visionary leader and collaborator, helping guide our evolution from an emerging technology into a clinical-stage organization. I am deeply grateful for his leadership as Chairman over the past decade and look forward to continuing to work together to transform treatment paradigms for patients around the world.”
Dr. Baker has served as Kymera’s Lead Independent Director since 2024. Dr. Baker is a Managing Member of Baker Brothers Investments which Dr. Baker founded, together with his brother Julian Baker, in 2000. He holds a BS and a PhD in Immunology from Stanford University, where he also completed two years of medical school. He also serves on the boards of BeOne Medicines Ltd., Bicycle Therapeutics PLC, Kodiak Sciences, Inc., and Kiniksa Pharmaceuticals International, plc.
About Kymera TherapeuticsKymera is a clinical-stage biotechnology company pioneering the field of targeted protein degradation (TPD) to develop medicines that address critical health problems and have the potential to dramatically improve patients’ lives. Kymera is deploying TPD to address disease targets and pathways inaccessible with conventional therapeutics. Having advanced the first degrader into the clinic for immunological diseases, Kymera is focused on building an industry-leading pipeline of oral small molecule degraders to provide a new generation of convenient, highly effective therapies for patients with these conditions. Founded in 2016, Kymera has been recognized as one of Boston’s top workplaces for the past several years. For more information about our science, pipeline and people, please visitwww.kymeratx.comor follow us onXorLinkedIn.

Frequently Asked Questions

Who has been appointed as the new Chairman of Kymera Therapeutics?

Felix J. Baker, Ph.D., has been appointed as the new Chairman of Kymera Therapeutics.

What role will Bruce Booth continue to serve at Kymera?

Bruce Booth will remain as an Independent Director after stepping down as Chairman.

When did Felix Baker join the Board of Kymera?

Felix Baker joined the Board of Kymera in 2024.

What is Kymera Therapeutics focused on developing?

Kymera Therapeutics is focused on developing oral small molecule degrader medicines.

Last updated: Jun 24, 2026