Fred B.  Craves net worth and biography

Fred Craves Biography and Net Worth

Fred Craves, Ph.D. has served on Madrigal’s Board of Directors since July 2016. Dr. Craves co-founded and served as Chairman of the Board of Private Madrigal, a privately-held biopharmaceutical company, from its inception in September 2011 through the Merger involving Synta, in July of 2016. Dr. Craves is a Managing Director and co-founder of Bay City Capital. In the course of his career, Dr. Craves has founded and managed several biotechnology companies. Dr. Craves previously served on the boards of directors of several privately-held and publicly-held companies. Dr. Craves currently serves as a member of the board of directors of Synchronicity Pharma, Inc. and IMIDomics, Inc., each a privately-held life science company. During the past five years, Dr. Craves served as a member of the board of directors of Dermira, Inc., KBP Pharmaceuticals, Inc. and Twist Bioscience, Inc., each a publicly-held life science company. Dr. Craves earned a B.S. degree in biology from Georgetown University, an M.S. in biochemical pharmacology from Wayne State University and a Ph.D. in pharmacology and experimental toxicology from the University of California, San Francisco.

What is Fred B. Craves' net worth?

The estimated net worth of Fred B. Craves is at least $96.52 million as of May 14th, 2024. Dr. Craves owns 413,362 shares of Madrigal Pharmaceuticals stock worth more than $96,515,893 as of September 22nd. This net worth approximation does not reflect any other assets that Dr. Craves may own. Learn More about Fred B. Craves' net worth.

How do I contact Fred B. Craves?

The corporate mailing address for Dr. Craves and other Madrigal Pharmaceuticals executives is 200 BARR HARBOR DRIVE SUITE 400, WEST CONSHOHOCKEN PA, 19428. Madrigal Pharmaceuticals can also be reached via phone at (267) 824-2827 and via email at [email protected]. Learn More on Fred B. Craves' contact information.

Has Fred B. Craves been buying or selling shares of Madrigal Pharmaceuticals?

Fred B. Craves has not been actively trading shares of Madrigal Pharmaceuticals in the last ninety days. Most recently, Fred B. Craves sold 22,489 shares of the business's stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $212.88, for a transaction totalling $4,787,458.32. Following the completion of the sale, the director now directly owns 413,362 shares of the company's stock, valued at $87,996,502.56. Learn More on Fred B. Craves' trading history.

Who are Madrigal Pharmaceuticals' active insiders?

Madrigal Pharmaceuticals' insider roster includes Fred Craves (Director), James Daly (Director), Paul Friedman (Director), Richard Levy (Director), Brian Lynch (SVP), William Sibold (CEO), Remy Sukhija (Sr. VP & Chief Commercial Officer), Rebecca Taub (Director, Founder, Chief Medical Officer and President of Research & Development), and Robert Waltermire (VP). Learn More on Madrigal Pharmaceuticals' active insiders.

Are insiders buying or selling shares of Madrigal Pharmaceuticals?

During the last twelve months, Madrigal Pharmaceuticals insiders bought shares 4 times. They purchased a total of 226,067 shares worth more than $43,382,043.47. During the last twelve months, insiders at the biopharmaceutical company sold shares 15 times. They sold a total of 188,584 shares worth more than $40,797,262.98. The most recent insider tranaction occured on September, 9th when CEO William John Sibold sold 6,363 shares worth more than $1,551,490.29. Insiders at Madrigal Pharmaceuticals own 23.9% of the company. Learn More about insider trades at Madrigal Pharmaceuticals.

Information on this page was last updated on 9/9/2024.

Fred B. Craves Insider Trading History at Madrigal Pharmaceuticals

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/14/2024Sell22,489$212.88$4,787,458.32413,362View SEC Filing Icon  
8/19/2020Sell30,000$109.74$3,292,200.00281,683View SEC Filing Icon  
11/19/2018Buy2,000$124.69$249,380.00View SEC Filing Icon  
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Fred B. Craves Buying and Selling Activity at Madrigal Pharmaceuticals

This chart shows Fred B Craves's buying and selling at Madrigal Pharmaceuticals by year and by quarter.

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Madrigal Pharmaceuticals Company Overview

Madrigal Pharmaceuticals logo
Madrigal Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development of therapeutics for the treatment of non-alcoholic steatohepatitis (NASH) in the United States. Its lead product candidate is resmetirom, a liver-directed thyroid hormone receptor beta agonist, which is in Phase 3 clinical trials for treating NASH. The company is headquartered in West Conshohocken, Pennsylvania.
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Today's Range

Now: $233.49
Low: $233.00
High: $244.23

50 Day Range

MA: $255.47
Low: $233.00
High: $287.24

2 Week Range

Now: $233.49
Low: $119.76
High: $299.98

Volume

530,021 shs

Average Volume

440,606 shs

Market Capitalization

$4.98 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A