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Palleon Pharma Promotes Li Peng to Chief Scientific Officer

Palleon Pharma Promotes Li Peng to Chief Scientific Officer
By: biot11 Posted On: February 13, 2020 View: 6

Palleon Pharma Promotes Li Peng to Chief Scientific Officer

Xconomy Boston — 

Li Peng is taking on a new role at Palleon Pharmaceuticals as the company’s first chief scientific officer. Peng was previously Palleon’s vice president of research and early product development. Before joining the company, Peng held various roles at AstraZeneca (NYSE: AZN). Palleon is developing drugs that target the Siglec-Sialoglycan axis, a mechanism of immune suppression, as an approach to treating cancer and other diseases characterized by immune system dysfunction. In 2017, the Waltham, MA-based biotech closed a $47.6 million Series A round of financing.

Frank Vinluan is an Xconomy editor based in Research Triangle Park. You can reach him at fvinluan [[at]] xconomy.com. Follow @frankvinluan

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