WALTHAM, Mass., Aug. 17, 2020 (GLOBE NEWSWIRE) — Danforth Advisors, LLC, the life science industryâs leading resource for operational accounting, finance support and strategic CFO advisory, today announced the appointment of Stephen J. Hoffman, MD, PhD, to its board of directors and to a senior advisory role for the firmâs clients. An accomplished life science entrepreneur, executive and investor, he brings three decades of knowledge and influential relationships to his position as a strategic thought partner to scientific founders and CEOs navigating all stages of corporate evolution. His initial focus will be assistance with fundraising for earlier stage companies.
âHaving worked with Danforth for many years as a client CEO, board member or investor, Iâve been impressed by the teamâs grasp of life sciences; how the industry works and what it takes for a company to advance â whether starting up or operating commercially,â said Dr. Hoffman. âWe collectively understand the importance of the end game â getting life-changing therapeutics to patients â and our efforts are entirely focused on providing companies with the financial and operational foundation to support this mission.â
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