Recent Updates
Recently added Catalysts
RARE Positive Sentiment Score: 80/100

Ultragenyx Appoints Howard Horn as Chief Financial Officer and Executive Vice President, Corporate Strategy NOVATO, Calif. &#x2014

Key Takeaway: Ultragenyx Pharmaceutical Inc. has announced the appointment of Howard Horn as Chief Financial Officer and Executive Vice President, Corporate Strategy, effective October 16, 2023. Horn, who previously served as CFO at Vir Biotechnology, will oversee finance, accounting, corporate strategy, and investor relations as Ultragenyx prepares for significant growth. The company's pipeline is currently maturing, indicating a promising future in the rare disease space. Horn expressed enthusiasm for Ultragenyx's mission to aid patients with rare diseases.

Market Sentiment Analysis

POSITIVE FACTORS

  • Ultragenyx has appointed Howard Horn, a seasoned financial leader, as CFO.
  • The company is entering a pivotal period of growth with a robust late-stage pipeline.
  • Horn's extensive experience in strategic finance will support Ultragenyx's mission to help rare disease communities.

Full Press Release Details

Ultragenyx Appoints Howard Horn as Chief Financial Officer and Executive Vice President, Corporate Strategy
NOVATO, Calif. July 12, 2023 Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel therapies for rare and ultrarare diseases, today announced that it has appointed Howard Horn as executive vice president and chief financial officer (CFO) effective October 16, 2023. Mr. Horn will be responsible for leading the finance, accounting, corporate strategy and investor relations functions.
Howard is joining Ultragenyx and its leadership team during a pivotal period as our robust late-stage pipeline is maturing and we are preparing for the next phase of company growth, said Emil D. Kakkis, M.D., Ph.D., chief executive officer and president of Ultragenyx. Howard is a seasoned leader with strategic finance and business planning expertise, which will support our efforts to deliver multiple promising therapies to the global rare disease community over the next several years.
Mr. Horn joins Ultragenyx from Vir Biotechnology, where he served as CFO from 2017 to 2023. As a member of Vir's founding management team, he successfully led a series of private and public financings and executed multiple foundational transactions that supported the rapid transformation of Vir to a public, commercial-stage organization. Prior to Vir, Mr. Horn served as vice president, business planning at Biogen where he led Biogen's resource allocation processes across all functions and regions. Mr. Horn also served as Biogen's vice president, strategic corporate finance, where he led Biogen's corporate capital allocation processes. Previously, he held positions of increasing responsibility as a consultant in the Pharmaceutical and Medical Products Practice at McKinsey & Company, and as an equity research analyst in the Life Sciences group at UBS Group AG. Mr. Horn received his B.A. in Economics from Princeton University and his M.B.A. from the Wharton School of the University of Pennsylvania.
I have long admired Ultragenyx and am greatly inspired by the company's mission and the tremendous potential to help rare disease communities with limited options, said Mr. Horn. This is an exciting time to join the company, which I believe is poised for global commercial leadership in rare disease, and I'm looking forward to working closely with the leadership team and board on the next phase of growth.
About Ultragenyx Pharmaceutical Inc.
Ultragenyx is a biopharmaceutical company committed to bringing novel products to patients for the treatment of serious rare and ultrarare genetic diseases. The company has built a diverse portfolio of approved therapies and product candidates aimed at addressing diseases with high unmet medical need and clear biology for treatment, for which there are typically no approved therapies treating the underlying disease.
The company is led by a management team experienced in the development and commercialization of rare disease therapeutics. Ultragenyx's strategy is predicated upon time- and cost-efficient drug development, with the goal of delivering safe and effective therapies to patients with the utmost urgency.
For more information on Ultragenyx, please visit ultragenyx.com.
Ultragenyx Pharmaceutical, Inc.

Frequently Asked Questions

Who is the new CFO of Ultragenyx?

Howard Horn has been appointed as the CFO of Ultragenyx, effective October 16, 2023.

What will Howard Horn oversee at Ultragenyx?

He will lead finance, accounting, corporate strategy, and investor relations.

Where did Howard Horn work before Ultragenyx?

He was previously the CFO at Vir Biotechnology from 2017 to 2023.

What is Ultragenyx focused on?

Ultragenyx develops and commercializes therapies for rare and ultrarare diseases.

What is the goal of Ultragenyx's strategy?

The goal is efficient drug development to deliver safe and effective therapies quickly.

Last updated: Jul 12, 2023