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Athira Taps Alder Ex-Alder Bio Exec Litton as Chief Operating Officer

Xconomy Seattle — 

Mark Litton has been appointed chief operating officer of Seattle-based Athira Pharma. Litton is the co-founder of Alder BioPharmaceuticals (NASDAQ: ALDR), and was chief business officer at that company until last July. Athira, previously known as M3 Biotechnology, is developing treatments for neurodegenerative disorders. The company is currently enrolling patients in a Phase 1b study testing lead drug NDX-1017 as a treatment for Alzheimer’s disease.