James Richard  Porter net worth and biography

James Porter Biography and Net Worth

CEO of Nuvalent

Jim is an accomplished cancer researcher with two decades of oncology drug development experience. He joined Nuvalent during company creation in 2018 and became Chief Executive Officer and named to the Nuvalent Board of Directors in January 2020.

Jim began his career at Infinity Pharmaceuticals as one of the initial scientists to join the company in its first year of operation. Over the course of his 15 years at Infinity, he obtained a wide array of company building experience, helping to build the infrastructure and leading high-performing teams in medicinal chemistry, pharmaceutical development, alliance management, program management, and product development. At Infinity, he contributed to the research and development programs of six different compounds entering clinical trials, helped secure business development agreements and lead corporate alliances for multiple development compounds, and held increasing roles of responsibility up to Vice President of Product Development. As the duvelisib Product Development team leader, Jim led a cross-functional development team from development candidate nomination through NDA submission, resulting in the FDA approval of COPIKTRA® for patients with follicular lymphoma, small lymphocytic lymphoma and chronic lymphocytic leukemia. Jim led the transition, Product Development team, and NDA submission at Verastem Oncology upon the company’s acquisition of the duvelisib program during Phase 3 clinical development. He earned his PhD in Organic Chemistry from Boston College.

What is James Richard Porter's net worth?

The estimated net worth of James Richard Porter is at least $19.50 million as of October 15th, 2024. Dr. Porter owns 188,113 shares of Nuvalent stock worth more than $19,503,556 as of October 18th. This net worth evaluation does not reflect any other assets that Dr. Porter may own. Additionally, Dr. Porter receives a salary of $1,050,000.00 as CEO at Nuvalent. Learn More about James Richard Porter's net worth.

How old is James Richard Porter?

Dr. Porter is currently 48 years old. There are 4 older executives and no younger executives at Nuvalent. Learn More on James Richard Porter's age.

What is James Richard Porter's salary?

As the CEO of Nuvalent, Inc., Dr. Porter earns $1,050,000.00 per year. Learn More on James Richard Porter's salary.

How do I contact James Richard Porter?

The corporate mailing address for Dr. Porter and other Nuvalent executives is , , . Nuvalent can also be reached via phone at 857-357-7000 and via email at [email protected]. Learn More on James Richard Porter's contact information.

Has James Richard Porter been buying or selling shares of Nuvalent?

Over the course of the past ninety days, James Richard Porter has sold $2,761,560.00 of Nuvalent stock. Most recently, James Richard Porter sold 27,000 shares of the business's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $102.28, for a transaction totalling $2,761,560.00. Following the completion of the sale, the chief executive officer now directly owns 188,113 shares of the company's stock, valued at $19,240,197.64. Learn More on James Richard Porter's trading history.

Who are Nuvalent's active insiders?

Nuvalent's insider roster includes Alexandra Balcom (CFO), Emily Conley (Director), Andrew Hack (Director), Deborah Miller (insider), Darlene Noci (insider), Henry Pelish (Insider), James Porter (CEO), Matthew Shair (Director), and Christopher Turner (Insider). Learn More on Nuvalent's active insiders.

Are insiders buying or selling shares of Nuvalent?

During the last year, insiders at the sold shares 44 times. They sold a total of 1,658,129 shares worth more than $121,085,925.90. The most recent insider tranaction occured on October, 15th when CEO James Richard Porter sold 27,000 shares worth more than $2,761,560.00. Insiders at Nuvalent own 12.5% of the company. Learn More about insider trades at Nuvalent.

Information on this page was last updated on 10/15/2024.

James Richard Porter Insider Trading History at Nuvalent

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/15/2024Sell27,000$102.28$2,761,560.00188,113View SEC Filing Icon  
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James Richard Porter Buying and Selling Activity at Nuvalent

This chart shows James Richard Porter's buying and selling at Nuvalent by year and by quarter.

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Nuvalent Company Overview

Nuvalent logo
Nuvalent, Inc., a clinical stage biopharmaceutical company, engages in the development of therapies for patients with cancer. Its lead product candidates are NVL-520, a novel ROS1-selective inhibitor to address the clinical challenges of emergent treatment resistance, central nervous system (CNS)-related adverse events, and brain metastases that may limit the use of ROS1 tyrosine kinase inhibitors (TKIs) for patients with ROS proto-oncogene 1 (ROS1)-positive non-small cell lung cancer (NSCLC) which is under the phase 2 portion of the ARROS-1 Phase 1/2 clinical trial; NVL-655, a brain-penetrant ALK-selective inhibitor, to address the clinical challenges of emergent treatment resistance, CNS-related adverse events, and brain metastases that might limit the use of first-, second-, and third-generation ALK inhibitors that is under the phase 2 portion of the ALKOVE-1 Phase 1/2 clinical trial; and NVL-330, a brain-penetrant human epidermal growth factor receptor 2 (HER2)-selective inhibitor designed to treat tumors driven by HER2ex20, brain metastases, and avoiding treatment-limiting adverse events including due to off-target inhibition of wild-type EGFR, which is expected to initiate phase 1 trial. The company was incorporated in 2017 and is headquartered in Cambridge, Massachusetts.
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Today's Range

Now: $103.68
Low: $101.91
High: $104.81

50 Day Range

MA: $92.41
Low: $70.00
High: $112.17

2 Week Range

Now: $103.68
Low: $49.02
High: $113.51

Volume

258,460 shs

Average Volume

432,982 shs

Market Capitalization

$6.69 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.29