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Helus Pharma co-founders step down from executive roles, new board chair appointed as company advances clinical programs.

Company Fundamentals
27 Oct 2026, 15:00 WIB
GlobeNewsWire
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Bullish
Helus Pharma co-founders step down from executive roles, new board chair appointed as company advances clinical programs.

Helus Pharma announced that co-founders Eric So and Paul Glavine have stepped down from their executive roles but remain on the Board of Directors, marking a transition as the company moves into its next growth phase. Mark Lawson has been appointed as the new independent Chair of the Board, bringing over 20 years of investment experience. The company is focused on advancing its clinical programs, including the Phase 3 study of HLP003 for major depressive disorder, with topline data expected in Q4 2026. This leadership change aims to support Helus Pharma's strategic priorities and commercialization efforts in mental health treatments.

Helus Pharma's leadership transition comes as a backdrop to the health sector's mixed performance on Pluang. For readers following health stocks, here is Pluang's market snapshot as of Oct 27, 2026 18:51 WIB: out of 150 priced health-sector US stocks, 77 rose and 66 fell. Notable movers include NUWE at USD 3.21 with a 4.90% increase and a typical hold time of 29 days, AMWL at USD 14.20 up 4.87% with a 62-day hold time, and INO at USD 0.90 rising 3.78% with 87% buy order activity and a 43-day hold time.

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