Infinity Pharmaceuticals, Inc. (NASDAQ:INFI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On December 30, 2016, Julian Adams, Ph.D., informed Infinity Pharmaceuticals, Inc. (the “Company”) of his decision to retire effective January 6, 2017.

(c) On December 31, 2016, the Company’s Board of Directors promoted Lawrence Bloch, M.D., J.D., to President effective immediately. Dr. Bloch will continue to serve as the Company’s Principal Financial Officer and Principal Accounting Officer and report to Adelene Perkins, the Company’s Chief Executive Officer.

Dr. Bloch served as Executive Vice President, Chief Financial Officer and Chief Business Officer of the Company from July 2012 through December 2016. Prior to joining the Company, Dr. Bloch served as Chief Executive Officer of NeurAxon, Inc., a privately held biopharmaceutical company, from 2007 to 2011. Previously, he served as Chief Financial Officer and Chief Business Officer of NitroMed, Inc., a publicly held biopharmaceutical company, from 2004 to 2006. From 2000 to 2004, Dr. Bloch served as Chief Financial Officer, and from 1999 to 2002 as Vice President, Business Development, of Applied Molecular Evolution, Inc., a publicly held biopharmaceutical company. Dr. Bloch began his career as an emergency medicine resident physician at Massachusetts General Hospital and Brigham & Woman’s Hospital. Dr. Bloch served as director of NeurAxon, Inc., a privately held biopharmaceutical company, from 2007 to 2011. He holds a J.D. from Harvard Law School, an M.D. from Harvard Medical School and an M.B.A. from Harvard Business School.

About Infinity Pharmaceuticals, Inc. (NASDAQ:INFI)

Infinity Pharmaceuticals, Inc. is a biopharmaceutical company. The Company is engaged in the discovery, development and delivery of medicines to treat diseases. The Company develops small molecule drugs that target disease pathways for potential applications in oncology. Its product candidate is duvelisib, also known as IPI-145, is an oral, dual-inhibitor of the delta and gamma isoforms of phosphoinositide-3-kinase (PI3K), for the treatment of hematologic malignancies, or blood cancers. The Company is also developing IPI-549, which is an orally administered, clinical-stage, immuno-oncology product candidate that selectively inhibits the gamma isoform of PI3K. In addition to duvelisib, the Company focuses to generate new product candidates for potential investigation in oncology. The Company also focuses on developing DYNAMO, CONTEMPO, BRAVURA, FRESCO, DYNAMO+R, DUO, SYNCHRONY and Duvelisib + Venetoclax.

Infinity Pharmaceuticals, Inc. (NASDAQ:INFI) Recent Trading Information

Infinity Pharmaceuticals, Inc. (NASDAQ:INFI) closed its last trading session up +0.03 at 1.41 with 190,464 shares trading hands.