Aileron Therapeutics CEO Joseph Yanchik Resigns

Joseph Yanchik has resigned as president and CEO of Aileron Therapeutics (NASDAQ: [[ticker:ALRN]]) after 12 years at the Cambridge, MA, biotech company. He has also stepped down from the company’s board of directors. Aileron gave no reason for the changes. John Longenecker, founder and president of biopharmaceutical consulting firm JPL Biotech, has been named interim CEO. Aileron develops drugs that target p53, a tumor suppressor protein. The company’s lead drug, ALRN-6924, is being tested in multiple clinical trials as a treatment for acute myeloid leukemia, advanced myelodysplastic syndrome, and peripheral T-cell lymphoma.

Author: Frank Vinluan

Xconomy Editor Frank Vinluan is a business journalist with experience covering technology and life sciences. Based in Raleigh, he was a staff writer at the Triangle Business Journal covering technology, biotechnology and energy before joining MedCityNews.com as North Carolina bureau chief. Prior to moving to North Carolina’s Research Triangle in 2007 he held business reporting positions at The Des Moines Register and The Seattle Times.