Cadrenal Therapeutics appoints Dr. Lee Scott Golden to its Board of Directors, enhancing expertise in cardiovascular and anticoagulation development.
Quiver AI Summary
Cadrenal Therapeutics, Inc. has appointed Dr. Lee Scott Golden, an experienced medical executive, to its Board of Directors as an independent director. Dr. Golden, who is currently the Executive Vice President and Chief Medical Officer at PTC Therapeutics, has significant expertise in clinical development for rare diseases and cardiovascular conditions. His previous roles include Chief Medical Officer at Espero BioPharma and Gemphire Therapeutics, as well as senior positions at several major pharmaceutical companies. Cadrenal Therapeutics focuses on developing innovative anticoagulation therapies to address unmet medical needs, such as tecarfarin and frunexian. Dr. Golden expressed enthusiasm for contributing to the company's mission and strategy, aiming to provide better treatment options for patients with complex cardiovascular issues.
Potential Positives
- Appointment of Dr. Lee Scott Golden to the Board of Directors enhances the company's leadership with extensive experience in cardiovascular and hematologic drug development.
- Dr. Golden's expertise in guiding therapies through clinical development aligns well with Cadrenal Therapeutics' mission to develop innovative anticoagulants.
- The addition of a seasoned CMO from PTC Therapeutics, a company with a strong clinical pipeline, may attract investor confidence and interest.
- Dr. Golden's background in managing global clinical development could lead to improved strategic direction for Cadrenal’s clinical programs and growth opportunities.
Potential Negatives
- The appointment of a new independent director, while positive in intent, may indicate a need for fresh expertise to address existing challenges in the company's pipeline or strategy.
- The company has two clinical-stage assets, raising concerns about the potential risks and uncertainties associated with the success of these products in reaching the market.
- The press release heavily emphasizes future potential and includes multiple forward-looking statements, which may signal underlying uncertainties about actual outcomes and the company's current trajectory.
FAQ
Who is Dr. Lee Golden?
Dr. Lee Golden is the newly appointed independent director on Cadrenal Therapeutics' Board and currently serves as Chief Medical Officer at PTC Therapeutics.
What experience does Dr. Golden bring to Cadrenal Therapeutics?
Dr. Golden has over 25 years of experience in clinical development, particularly in cardiovascular medicine and anticoagulation therapies.
What is Cadrenal Therapeutics' mission?
Cadrenal Therapeutics aims to develop novel anticoagulants that provide better predictability, stability, and control for patients with significant unmet needs.
What products are in Cadrenal's pipeline?
Cadrenal Therapeutics has two clinical-stage assets: tecarfarin for chronic use and frunexian for acute hospital applications.
How can I find more information about Cadrenal Therapeutics?
More information is available on Cadrenal Therapeutics' website at https://www.cadrenal.com/ and their LinkedIn page.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CVKD Insider Trading Activity
$CVKD insiders have traded $CVKD stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.
Here’s a breakdown of recent trading of $CVKD stock by insiders over the last 6 months:
- MATTHEW K SZOT (Chief Financial Officer) has made 0 purchases and 11 sales selling 23,400 shares for an estimated $328,222.
- QUANG X PHAM (CEO and Chairman) has made 0 purchases and 11 sales selling 22,244 shares for an estimated $312,355.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CVKD Hedge Fund Activity
We have seen 8 institutional investors add shares of $CVKD stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 19,864 shares (+inf%) to their portfolio in Q3 2025, for an estimated $274,719
- LPL FINANCIAL LLC added 14,200 shares (+inf%) to their portfolio in Q3 2025, for an estimated $196,386
- JPMORGAN CHASE & CO added 7,500 shares (+inf%) to their portfolio in Q3 2025, for an estimated $103,725
- VANGUARD GROUP INC added 5,644 shares (+11.6%) to their portfolio in Q3 2025, for an estimated $78,056
- RAYMOND JAMES FINANCIAL INC removed 1,917 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $26,512
- MORGAN STANLEY added 450 shares (+104.7%) to their portfolio in Q3 2025, for an estimated $6,223
- ROCKEFELLER CAPITAL MANAGEMENT L.P. added 300 shares (+inf%) to their portfolio in Q3 2025, for an estimated $4,149
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
PONTE VEDRA, Fla., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Cadrenal Therapeutics, Inc. (Nasdaq: CVKD), a biopharmaceutical company developing transformative therapeutics to overcome current gaps in anticoagulation therapy, today announced the appointment of Lee Scott Golden, M.D., to its Board of Directors, effective immediately. Dr. Golden will serve as an independent director.
Dr. Golden currently serves as Executive Vice President and Chief Medical Officer at PTC Therapeutics, Inc. (Nasdaq: PTCT), where he leads global clinical development across a broad rare disease pipeline. Before joining PTC, Dr. Golden served as the Chief Medical Officer at Espero BioPharma, Inc., a development-stage cardiovascular pharmaceutical company focused on developing drugs for unmet needs in thrombosis and cardiac rhythm control, and as Chief Medical Officer at Gemphire Therapeutics, Inc. He also serves as Chairman of the Advisory Board for Coagulation Sciences LLC. Previously, Dr. Golden held senior roles at Pfizer, Actelion, Eisai, Mesoblast, and others, with a long-standing focus on cardiovascular and hematologic drug development.
“We are delighted to welcome Dr. Golden to our Board,” said Quang X. Pham, Chairman and Chief Executive Officer of Cadrenal Therapeutics. “Lee’s deep experience in late-stage clinical development, particularly in cardiovascular medicine and anticoagulation, is highly aligned with our mission to deliver safer, more predictable anticoagulant options for patients with significant unmet needs. His track record in guiding therapies through clinical development and regulatory pathways will be invaluable as we continue to advance tecarfarin and our broader pipeline.”
“Cadrenal Therapeutics is working in an area of high clinical importance, where better anticoagulation options could meaningfully impact outcomes for patients with complex cardiovascular conditions,” said Dr. Golden. “I look forward to working with the Board and the leadership team to help guide the Company’s strategy and clinical programs as we seek to bring differentiated therapies to patients and create value for shareholders.”
Dr. Golden has more than 25 years of industry experience, with increasing responsibilities, managing global, cross-functional teams responsible for creating and deploying strategic and clinical development plans. He has extensive experience across multiple therapeutic areas and with orphan diseases. Dr. Golden received a B.S. from the University of Michigan and an MD from New York University School of Medicine, where he also completed his Internal Medicine residency. He then completed Fellowships in Cardiology at the University of Miami and Interventional Cardiology at George Washington University Hospital, where he also served as an adjunct instructor.
About Cadrenal Therapeutics, Inc.
Cadrenal Therapeutics, Inc. is a biopharmaceutical company with a mission to develop novel and differentiated biopharmaceutical products that bridge critical gaps in current acute and chronic anticoagulant therapy. We bridge these gaps by developing novel and differentiated anticoagulants, or blood thinners, designed to provide greater predictability, increased stability, more precise control, and fewer bleeding complications. We currently have two clinical-stage assets: tecarfarin, an oral vitamin K antagonist (VKA) for chronic use, and frunexian, a parenteral small-molecule Factor XIa antagonist for use in acute hospital settings. By targeting underserved patient populations and advancing therapies designed for both chronic and acute use, we aim to reshape standards of care in anticoagulation. For more information, visit https://www.cadrenal.com/ and connect with the Company on LinkedIn .
Safe Harbor
Any statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include statements regarding developing transformative therapeutics to overcome current gaps in anticoagulation therapy, the expected contribution of Dr. Golden and continuing to advance tecarfarin and the Company’s broader pipeline. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the ability to develop transformative therapeutics to overcome current gaps in anticoagulation therapy, Dr. Golden’s ability to help guide the Company’s strategy and clinical programs, the ability to successfully complete clinical trials on time and achieve desired results and benefits as expected and the other risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and the Company’s subsequent filings with the Securities and Exchange Commission, including subsequent periodic reports on Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statements contained in this press release speak only as of the date hereof and, except as required by federal securities laws, the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.
For more information, please contact:
Lytham Partners, LLC
Robert Blum, Managing Partner
602-889-9700
[email protected]