Vera Therapeutics appoints James R. Meyers to its Board of Directors to support the launch of atacicept for autoimmune diseases.
Quiver AI Summary
Vera Therapeutics, a biotechnology company specializing in treatments for serious immunological diseases, has appointed James R. Meyers to its Board of Directors. Meyers, who has over 30 years of experience in the biopharmaceutical industry, previously held senior roles at Gilead Sciences and brings valuable expertise in commercial leadership and market access, which will be crucial as Vera prepares to launch its potential first-in-class dual BAFF/APRIL inhibitor, atacicept, aimed at treating IgA nephropathy and other autoimmune diseases. The company's CEO, Marshall Fordyce, expressed excitement about Meyers joining the board at this critical juncture, emphasizing the importance of his background in driving the upcoming launch and growth strategies. Vera Therapeutics is also advancing several other treatments for autoimmune diseases, including a next-generation fusion protein and a monoclonal antibody designed for kidney transplant recipients.
Potential Positives
- Appointment of James R. Meyers to the Board of Directors, bringing over three decades of commercial leadership experience in the biopharmaceutical industry.
- Strategic expansion as the company prepares to launch atacicept, a potential first-in-class treatment for IgA nephropathy and other autoimmune diseases.
- The new board member's track record includes leading successful product launches and significant revenue generation, which may positively impact Vera Therapeutics’ growth trajectory.
- Commitment to transforming the treatment landscape for patients with serious immunological diseases through innovative therapies.
Potential Negatives
- The announcement emphasizes the company's dependence on the successful launch of atacicept, which poses a significant risk if the product fails to gain market traction or faces regulatory hurdles.
- The language used in the press release, particularly the phrases indicating future potential and expectations, highlights the uncertainty surrounding the company's capability to deliver on its promises, which could concern investors.
- The company’s mention of its transformation into a commercial organization suggests that it may not yet have a proven track record in commercialization, leading to apprehension about its future performance in a competitive market.
FAQ
Who has joined Vera Therapeutics' Board of Directors?
James R. Meyers, an experienced biopharmaceutical executive, has joined the Board of Directors.
What is Vera Therapeutics' main focus?
Vera Therapeutics focuses on developing transformative treatments for serious immunological diseases.
What is atacicept used for?
Atacicept is being developed as a potential treatment for IgA nephropathy and other autoimmune diseases.
What is the significance of Meyers' appointment?
Meyers' expertise in commercial leadership is crucial for the anticipated launch of atacicept.
What are Vera Therapeutics' future plans?
Vera Therapeutics plans to rapidly develop atacicept and explore additional disease areas for treatment.
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.
$VERA Insider Trading Activity
$VERA insiders have traded $VERA stock on the open market 6 times in the past 6 months. Of those trades, 4 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $VERA stock by insiders over the last 6 months:
- PATRICK G ENRIGHT has made 4 purchases buying 250,000 shares for an estimated $5,277,311 and 0 sales.
- JOSEPH R YOUNG (SVP, FINANCE, CHIEF ACCT OFFCR) sold 15,000 shares for an estimated $435,874
- JASON S CARTER (Chief Legal Officer) sold 3,864 shares for an estimated $107,498
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VERA Hedge Fund Activity
We have seen 103 institutional investors add shares of $VERA stock to their portfolio, and 106 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VESTAL POINT CAPITAL, LP removed 2,340,000 shares (-75.5%) from their portfolio in Q3 2025, for an estimated $68,000,400
- HOLOCENE ADVISORS, LP removed 2,199,292 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $51,815,319
- MORGAN STANLEY removed 1,963,729 shares (-87.7%) from their portfolio in Q3 2025, for an estimated $57,065,964
- WOODLINE PARTNERS LP removed 1,870,794 shares (-71.7%) from their portfolio in Q3 2025, for an estimated $54,365,273
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,675,367 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $39,471,646
- POINT72 ASSET MANAGEMENT, L.P. added 1,272,027 shares (+inf%) to their portfolio in Q3 2025, for an estimated $36,965,104
- CITADEL ADVISORS LLC added 1,052,472 shares (+187.0%) to their portfolio in Q3 2025, for an estimated $30,584,836
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VERA Analyst Ratings
Wall Street analysts have issued reports on $VERA in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 11/10/2025
- JP Morgan issued a "Overweight" rating on 11/07/2025
- Scotiabank issued a "Sector Outperform" rating on 06/02/2025
To track analyst ratings and price targets for $VERA, check out Quiver Quantitative's $VERA forecast page.
$VERA Price Targets
Multiple analysts have issued price targets for $VERA recently. We have seen 4 analysts offer price targets for $VERA in the last 6 months, with a median target of $53.5.
Here are some recent targets:
- Arthur He from HC Wainwright & Co. set a target price of $90.0 on 11/10/2025
- Anupam Rama from JP Morgan set a target price of $52.0 on 11/07/2025
- Dina Ramadane from B of A Securities set a target price of $48.0 on 10/16/2025
- Greg Harrison from Scotiabank set a target price of $55.0 on 06/02/2025
Full Release
BRISBANE, Calif., Nov. 26, 2025 (GLOBE NEWSWIRE) -- Vera Therapeutics, Inc. (Nasdaq: VERA), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today announced the appointment of James R. Meyers, an accomplished biopharmaceutical executive with over three decades of commercial leadership experience to Vera Therapeutics’ Board of Directors.
"We are thrilled to welcome Jim to our Board of Directors at this pivotal point in Vera Therapeutics’ history as we prepare to launch a potential first-in-class dual BAFF/APRIL inhibitor to transform the treatment of IgA nephropathy and other autoimmune diseases looking ahead," said Marshall Fordyce, M.D., Founder and Chief Executive Officer of Vera Therapeutics. Jim brings exceptional expertise in commercial, public policy, and access that will be integral to our current stage of growth focusing on the immediate need to support an anticipated launch of atacicept for patients with IgA nephropathy.”
“It is a privilege to join the talented board members at Vera Therapeutics and be a part of the company’s exciting growth trajectory. This is a transformational moment as the company prepares to launch atacicept next year, with goals to rapidly develop this high-potential therapy in other disease areas leading a paradigm shift in how patients with autoimmunity will be treated,” said Jim Meyers, former Executive Vice President at Gilead Sciences and Senior Advisor at BCG. “I am attracted to Vera Therapeutics’ focus on changing the course of immunological diseases for patients who would otherwise be facing devastating outcomes. Vera Therapeutics is thoughtfully managing its transformation into a commercial organization while executing its strategy for atacicept as a potential pipeline in a therapy.”
Mr. Meyers has over thirty years of commercial leadership experience in the biopharmaceutical industry and worked at Gilead from 1996 until December 2021, most recently serving as a Senior Advisor. During his time at Gilead, he served as Executive Vice President of Worldwide Commercial Operations, where he was responsible for global commercial activities, including pricing and market access in North America, Europe, Middle East, Australia, and Japan. Mr. Meyers led some of the most important and successful product launches in the history of the biopharmaceutical industry, most notably in the therapeutic areas of HIV and HCV. Over the course of more than two decades at Gilead, Mr. Meyers was part of a small group of executives who led the transition of the company from an innovative start-up to a profitable and successful global biopharmaceutical company that delivered more than $28 billion in revenue in 2024 and more importantly, has changed the course of disease in HIV and HCV. Prior to Gilead, Mr. Meyers held positions of increasing responsibility with AstraZeneca. Most recently, Mr. Meyers served as President and Chief Executive Officer of IntraBio Ltd. from 2020 to 2024. Mr. Meyers currently serves on the Board of Directors of two public companies, Sangamo Therapeutics, Inc. and CytomX Therapeutics, Inc. He also remains a Senior Advisor at BCG to several major biopharmaceutical companies. Mr. Meyers holds a B.S. in Economics from Boston College.
About Vera Therapeutics
Vera Therapeutics is a late clinical-stage biotechnology company focused on developing treatments for serious immunological diseases. Vera Therapeutics’ mission is to advance treatments that target the source of disease in order to change the standard of care for patients. Vera Therapeutics’ lead product candidate is atacicept, a fusion protein self-administered at home as a subcutaneous once weekly injection that blocks both BAFF and APRIL, which stimulate B cells to produce autoantibodies contributing to certain autoimmune diseases, including IgAN and lupus nephritis. Beyond IgAN, Vera Therapeutics is evaluating additional diseases where the reduction of autoantibodies by atacicept may prove clinically meaningful. In addition, Vera Therapeutics holds an exclusive license agreement with Stanford University for a novel, next generation fusion protein targeting BAFF and APRIL, known as VT-109, with wide therapeutic potential across the spectrum of B-cell–mediated diseases. Vera Therapeutics is also developing MAU868, a monoclonal antibody designed to neutralize infection with BK virus, which can have devastating consequences in kidney transplant recipients. Vera Therapeutics retains all global developmental and commercial rights to atacicept, VT-109, and MAU868. For more information, please visit www.veratx.com .
Forward-looking Statements
Statements contained in this press release regarding matters, events or results that may occur in the future are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, Vera Therapeutics’ ability to launch a potential first-in-class dual BAFF/APRIL inhibitor and transform the treatment of IgA nephropathy and other autoimmune diseases; the new board member’s ability to support Vera Therapeutics’ launch of atacicept; Vera Therapeutics’ ability to rapidly develop atacicept in other disease areas and change how patients with autoimmunity will be treated; and the plans, commitments, aspirations and goals under the caption “About Vera Therapeutics”. Words such as “believe,” “expect,” “may,” “plan,” “potential,” “will” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon Vera Therapeutics’ current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks related to the regulatory approval process, results of earlier clinical trials may not be obtained in later clinical trials, preliminary results may not be predictive of topline results, risks and uncertainties associated with Vera Therapeutics’ business in general, the impact of macroeconomic and geopolitical events, and the other risks described in Vera Therapeutics' filings with the U.S. Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management’s assumptions and estimates as of such date. Vera Therapeutics undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
Investor Contact:
Joyce Allaire
LifeSci Advisors
212-915-2569
[email protected]
Media
Contact:
Debra Charlesworth
Vera Therapeutics
415-854-8051
[email protected]