Five Prime Therapeutics Taps Foundation Med’s Thomas Civik as New CEO

Thomas Civik has been appointed president and CEO of Five Prime Therapeutics (NASDAQ: [[ticker:FPRX]]). He comes to the South San Francisco biotech from Foundation Medicine, where he was chief commercial officer. Civik will also join Five Prime’s board of directors. William Ringo, interim CEO since last September, will step down from the C-suite and continue as chairman of the company’s board. Five Prime, a cancer drug developer, has partnerships with Zai Lab and Bristol Myers Squibb (NYSE: [[ticker:BMY]]). In February, one of the partnered Bristol programs, cabiralizumab, failed a Phase 2 study in pancreatic cancer.

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.