Richard Aldrich - Concert Pharmaceuticals Chairman of the Board, Co-Founder

CNCEDelisted Stock  USD 8.37  0.01  0.12%   

Chairman

Mr. Richard H. Aldrich is an Independent Chairman of the Board, CoFounder of Concert Pharmaceuticals Inc. Mr. Aldrich is a cofounder and was a Partner of Longwood Fund, a VC firm, since December 2010. Mr. Aldrich was an employee of Longwood Management LLC since August 2015. Mr. Aldrich founded RA Capital Management LLC, a hedge fund, in 2001 and served as a Managing Member from 2001 to 2008 and as a CoFounding Member from 2008 until 2011. Mr. Aldrich has cofounded and helped to build several biotechnology companies including Sirtris Pharmaceuticals, Inc.,, Alnara Pharmaceuticals, Inc., Verastem, Inc., OvaScience, Inc. and Flex Pharma, Inc. Mr. Aldrich was also a founding employee of Vertex Pharmaceuticals Incorporated, where he held the position of Senior Vice President and Chief Business Officer and managed all commercial and operating functions from 1989 to 2001. Prior to joining Vertex, Mr. Aldrich held several management positions at Biogen Inc. Mr. Aldrich also serves on the boards of a number of private biotechnology companies. During the last five years, Mr. Aldrich also served as a member of the board of directors of PTC Therapeutics, Inc. and Verastem, Inc., both of which are public biopharmaceutical companies, as well as OvaScience, Inc., a public biopharmaceutical company at the time of its merger with Millendo Therapeutics, Inc. in 2018 since 2017.
Age 63
Tenure 7 years
Professional MarksMBA
Phone781 860 0045
Webhttps://www.concertpharma.com
Aldrich received his B.S. in Management from Boston College and an M.B.A. from the Amos Tuck School at Dartmouth College. We believe Mr. Aldrich’s broadbased experience in business, including his leadership and board experience at life science companies, and his familiarity with our business as a cofounder of our company allow him to be a key contributor to our Board of Directors.

Concert Pharmaceuticals Management Efficiency

The company has return on total asset (ROA) of (0.3853) % which means that it has lost $0.3853 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0868) %, meaning that it created substantial loss on money invested by shareholders. Concert Pharmaceuticals' management efficiency ratios could be used to measure how well Concert Pharmaceuticals manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 14.51 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Concert Pharmaceuticals has a current ratio of 9.83, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Concert Pharmaceuticals until it has trouble settling it off, either with new capital or with free cash flow. So, Concert Pharmaceuticals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Concert Pharmaceuticals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Concert to invest in growth at high rates of return. When we think about Concert Pharmaceuticals' use of debt, we should always consider it together with cash and equity.

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Concert Pharmaceuticals, Inc. operates as a clinical stage biopharmaceutical company that develops novel small molecule drugs for the treatment of autoimmune diseases. The company was incorporated in 2006 and is headquartered in Lexington, Massachusetts. Concert Pharmaceutic operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 64 people. Concert Pharmaceuticals (CNCE) is traded on NASDAQ Exchange in USA and employs 64 people.

Management Performance

Concert Pharmaceuticals Leadership Team

Elected by the shareholders, the Concert Pharmaceuticals' board of directors comprises two types of representatives: Concert Pharmaceuticals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Concert. The board's role is to monitor Concert Pharmaceuticals' management team and ensure that shareholders' interests are well served. Concert Pharmaceuticals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Concert Pharmaceuticals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Meghan FitzGerald, Director
Marc Becker, Chief Officer
Richard Aldrich, Chairman of the Board, Co-Founder
Scott Weintraub, Vice President - Commercial and Product Strategy
Ian Silverman, Senior Vice President and General Counsel
Wendall Wierenga, Director
Jeffrey Munsie, Chief Sec
Roger Tung, Co-Founder, CEO and President and Director
Christine Heek, Director
Mba MBA, CoFounder Chairman
Ryan Lynch, Principal Financial Officer, Principal Accounting Officer
Wendell Wierenga, Director
Peter Hutt, Director
Ronald Barrett, Director
Nancy Stuart, Chief Officer
James Cassella, Senior Vice President chief development officer
Lynette Herscha, General Counsel, Secretary
Robert Silverman, Senior Vice President and General Counsel
Justine Koenigsberg, VP of Corporate Communications and Investor Relations
Nabil PharmD, VP Devel
Ryan Daws, CFO
Wilfred Jaeger, Director
Thomas Auchincloss, Director
Jesper Hoiland, Director
Christine Boisclair, Vice President - Regulatory Affairs
Helmut Schuhsler, Director

Concert Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Concert Pharmaceuticals a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Concert Pharmaceuticals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Concert Pharmaceuticals' short interest history, or implied volatility extrapolated from Concert Pharmaceuticals options trading.

Pair Trading with Concert Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Concert Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Concert Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Concert Stock

  0.77ARTE Artemis StrategicPairCorr

Moving against Concert Stock

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The ability to find closely correlated positions to Concert Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Concert Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Concert Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Concert Pharmaceuticals to buy it.
The correlation of Concert Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Concert Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Concert Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Concert Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Concert Pharmaceuticals information on this page should be used as a complementary analysis to other Concert Pharmaceuticals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Other Consideration for investing in Concert Stock

If you are still planning to invest in Concert Pharmaceuticals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Concert Pharmaceuticals' history and understand the potential risks before investing.
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