Coulter Partners places former Evotec executives as Chief R&D Officer and SVP Biology, Discovery Strategy group at Dalriada

London, 6 July 2023 – Coulter Partners, the global experts in Executive Search and Leadership Development in Life Sciences, Health, and Tech, is pleased to announce the placements at Dalriada of Adam Davenport, Ph.D. as Chief Research & Development Officer (CRDO), and Frosty Loechel, Ph.D. as SVP Biology, Discovery Strategy group.

Dalriada, through its TURN-KEY™ Drug Discovery services model, provides a full suite of drug discovery, medicinal chemistry, and intellectual property services for semi-virtual, lean biotechnology clients who focus on developing small molecule therapies.
Both Dr. Davenport and Dr. Loechel join Dalriada from Evotec and bring decades of experience working in pharma, biotech, and contract research organizations.

Dalriada’s Chief Executive Officer and co-founder, Dr. Diana Kraskouskaya commented: “I am thrilled to welcome Dr. Davenport to Dalriada as its new CRDO. Throughout his outstanding career at Evotec, Dr. Davenport has been at the forefront of drug discovery. He is a renowned chemist and authority in his area of expertise, and we believe his addition to the team will further strengthen our strategies and capabilities, as we strive to become the partner of choice for our biotech partners and clients.”

She added: “I am delighted to have Dr. Loechel join Dalriada. Dr. Loechel brings not only heaps of industry experience in small molecule discovery, but also importantly, effective strategies in enabling innovative discovery programs and bringing them to the clinic.”

Commenting on her experience working with Coulter Partners, she said: “We are always impressed by the professionalism of the Coulter Partners team and by the quality of the candidates presented to us. This is why we continue working with them on our growing executive recruitment needs.”

Dr. Davenport will assume strategic and scientific execution responsibility for all of Dalriada’s programs, as well as its current and future R&D capabilities. Serving most recently as Head of Global Molecular Discovery at Evotec where he spent his whole career, Dr. Davenport is a seasoned drug discovery leader and innovator who brings over 22 years of hands-on life science and partnership organization experience, having contributed to drug candidates and clinical assets through both governance and scientific leadership roles. Dr. Davenport has a strong track record of progressing multiple projects through discovery into clinical evaluation and is lead inventor of P2X3R antagonists Eliapixant and Filopixant, achieving Phase 2a PoCs in Persistent Chronic Cough (PCC), and Bradykinin B1R antagonist Fulimetibant, undergoing a Phase 2a study to treat diabetic neuropathic pain (DNP).

Dr. Loechel will be responsible for scientific strategy in biology for drug discovery programs. With 20 years’ academic experience and 25 years working in pharma, biotech, and contract research organizations, Dr. Loechel brings a wealth of experience across multiple areas and therapeutic modalities of drug discovery, from target validation to preclinical development. His areas of expertise include in vitro pharmacology, small molecules, CNS, and metabolic therapy areas. First as a VP, Metabolic Diseases, and then as SVP, Therapeutic Area Lead and Scientific Director, he built up a large department at Evotec and led new collaborative drug discovery agreements with pharma/biotech partners and on the strategy of project portfolio in major multi-target collaborations. Prior to this Dr. Loechel spent his career at Lundbeck, Thermo Fisher, Neurosearch, and BioImage.

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Notes to editors:

About Dalriada Drug Discovery Inc.
Dalriada, through its TURN-KEY™ Drug Discovery services model, provides a full suite of drug discovery, medicinal chemistry and intellectual property services for semi-virtual, lean biotechnology clients who focus on developing small molecule therapies. With R&D operations in Mississauga, Canada, Dalriada builds focused teams with expertise in MedChem, Biology, and ADME to allow for the most rapid and cost-effective project execution and value building. Dalriada has niche expertise in several areas including covalent drug discovery, GPCR programs, targeted protein degradation, novel hetero-bifunctional modalities, and CNS programs, with proprietary screening platforms in several of these areas.
For more information: www.dalriadatx.com

About Coulter Partners
We are executive search and leadership development specialists working to build a better future. As advisors and consultants to companies at the cutting edge of Life Sciences, Health, and Technology, we are united by our mission to build teams that change the world. Operating uniquely as one global team, we have honed our expertise, platform, and data for over two decades, working across three continents, and in 40 countries. Applying what we learn through our work with boards, leadership teams, and investors in the world’s most innovative companies, we bring together and develop the right people at the right time to propel them to achieve their worthwhile goals.