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CEO Sells Shares, Keeps Stake in Biotech Firm

Published 10 hours ago
Description

Claire Mazumdar, CEO of Bicara Therapeutics, sold 8,234 shares, totaling $154,000, following a preset trading plan. This represents less than 2.5% of her direct ownership, maintaining her significant stake in the company. Bicara, focused on bifunctional antibody treatments for solid tumors, has a market value of $1.04 billion, up 45% in the past year. Their lead drug has breakthrough therapy status, with trial results expected mid-2027.

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