HotSpot Therapeutics Appoints Niti Goel, M.D., as Chief Medical Officer
Seasoned drug development leader to drive clinical development of small molecule IRF5 inhibitor, HST-2011, nominated as Development Candidate for lupus and other autoimmune diseases
"Niti has deep, multi-faceted expertise in immunology clinical development, and this expertise will be vital as we prepare to advance our IRF5 inhibitor, HST-2011, into the clinic for lupus and other autoimmune diseases," said
"I am excited to join HotSpot at such an important stage in the Company's evolution, with their small molecule IRF5 inhibitor, HST‑2011, poised to enter the clinic as a potential once-daily oral option for people living with lupus and other autoimmune diseases," said
HotSpot also announced it has nominated HST-2011, a small molecule interferon regulatory factor 5 (IRF5) inhibitor, as the Development Candidate for its IRF5 inhibitor program. IRF5 is a transcription factor involved in a diverse range of biological activities in which it functions as a master regulator of innate immunity. Genome-wide association studies have established compelling evidence as to the involvement of IRF5 in multiple inflammatory and immune system disorders, including systemic lupus erythematosus (SLE), Sjögren's disease, rheumatoid arthritis, systemic sclerosis, and myositis. Leveraging the Company's proprietary Smart Allostery™ platform, HotSpot has developed HST-2011 as a potent and selective small molecule IRF5 inhibitor that effectively drugs the target.
About HotSpot Therapeutics, Inc.
HotSpot Therapeutics, Inc. is a biotechnology company that is pioneering a new class of allosteric drugs that target certain naturally occurring pockets on proteins called "natural hotspots." These pockets are decisive in controlling a protein's cellular function and have significant potential for new drug discovery by enabling the systematic design of potent and selective small molecules with novel pharmacology. The Company's proprietary Smart Allostery™ platform combines computational approaches and AI-driven data mining of large and diverse data sets to uncover hotspots, as well as tailored pharmacology toolkits and bespoke chemistry to drive the rapid discovery of novel hotspot-targeted small molecules. Leveraging this approach, HotSpot is building a broad pipeline of novel allosteric therapies for the treatment of autoimmune diseases. To learn more, visit www.hotspotthera.com.
HotSpot Investor & Media Contact:
Natalie Wildenradt
[email protected]
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SOURCE HotSpot Therapeutics
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