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Coave Therapeutics Expands into the US with Strategic Appointment of Romain Pettenaro as VP of Business Development

by GlobeNewswire
April 23, 2025
in Top News
Reading Time: 3 mins read

Highly experienced in gene therapy dealmaking, Pettenaro will be driving Coave’s business development activities and establish its presence in the Boston biotech hub 


Paris, France, and Cambridge, MA, USA – April 23, 2025 – Coave Therapeutics (‘Coave’), a company pioneering the future of genetic medicines, today announces the appointment of Mr. Romain Pettenaro as Vice President of Business Development. Based in Kendall Square, Cambridge MA, Romain will be responsible for leading Coave’s business development and partnering strategy, with a focus on strategic collaborations that accelerate the development of novel gene therapies based on its proprietary ALIGATER™ (Advanced Vectors-Ligand Conjugates) platform.

A highly experienced business development executive, Romain brings a strong track record in corporate strategy, business development, and operations, with particular expertise in AAV gene therapies. He joins Coave from Alexion, AstraZeneca Rare Disease, where he led or co-led major strategic transactions, including a $1 billion AAV gene therapy portfolio purchase and licensing agreement focused on rare cardiovascular and neurological diseases. His experience also includes M&A and corporate development at LogicBio Therapeutics, where he supported the company’s acquisition by Alexion and multiple licensing partnerships.

Romain holds dual Master’s degrees in Bioengineering and Business from AgroParisTech and HEC Paris, respectively.

“Romain brings a rare combination of business development expertise and scientific understanding in the genetic medicine space, along with the entrepreneurial drive that makes him an ideal fit for Coave,” said Rodolphe Clerval, CEO of Coave Therapeutics. “His appointment not only adds significant experience to our team but also marks an important step in establishing our presence in the US, with a base in Boston — a key hub for innovation and partnering in genetic medicine. As we advance our ALIGATER™ platform and pipeline, Romain will play a central role in shaping and executing our strategic growth through partnerships.”

Romain Pettenaro, VP of Business Development, added: “Coave’s ALIGATER™ platform and targeted AAV approach represent a differentiated and highly promising strategy for addressing unmet needs in CNS and ocular diseases. I’m excited to join the team and lead strategic partnering efforts that will help advance the platform and accelerate the development of transformative gene therapies for patients.”

***

Photo of Romain Pettenaro available on request

About ALIGATER™
Coave’s proprietary ALIGATER™ (Advanced Vectors-Ligand Conjugates) platform is a breakthrough technology addressing key limitations in the delivery of genetic payloads to extra-hepatic tissues, including limited tissue specificity, delivery efficiency and safety. ALIGATER™ enables conjugation of targeting ligands, such as small molecules, peptides, or antibody fragments, on AAV or non-viral vectors, offering superior delivery efficiency, tissue specificity and safety profile for a broad range of diseases. Importantly, the platform streamlines the manufacturing process by avoiding prior AAV capsid modifications. These capabilities will enable Coave to develop best-in-class gene therapies designed for specific indications.

About Coave Therapeutics
Coave Therapeutics is a genetic medicine company pioneering the development of innovative solutions to enhance the precision, safety, efficacy and manufacturability of genetic medicines. With its proprietary ALIGATER™ platform, Coave is at the forefront of addressing challenges in gene therapy delivery to extra-hepatic tissues, creating a robust pipeline targeting CNS, neuromuscular and eye diseases.

Headquartered in Paris, France, Coave Therapeutics is backed by leading international life sciences investors. For more information about the science, pipeline, and people, please visit coavetx.com and follow us on LinkedIn. 

CONTACTS 

Coave Therapeutics 
Rodolphe Clerval, CEO 
contact@coavetx.com   

MEDiSTRAVA
Sylvie Berrebi, Mark Swallow 
coavetx@medistrava.com  

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GlobeNewswire
GlobeNewswire
GlobeNewswire,is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
GlobeNewswire
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