David Madden - Dicerna Pharmaceuticals Independent Chairman of the Board

Chairman

Mr. David M Madden is the Independent Chairman of the Board of the Company. Mr. Madden is a founder and principal of Narrow River Management, LP, a management company with a focus in the emerging pharmaceutical industry, where he was since 2004. Mr. Madden served as chief executive officer and a member of the board of directors of River Vision Development Corporation from 2011 until its sale to Horizon Pharma in May 2017. Mr. Madden previously served as interim president and chief executive officer of Adolor Corporation from August 2005 to December 2006 and the chairman of its board of directors until it was acquired by Cubist Pharmaceuticals, Inc. in December 2011. Mr. Madden was cochief executive officer of Royalty Pharma AG, a private investment management firm specializing in the acquisition of royalty interests in pharmaceutical products, from October 2000 to 2003, and a member of its board of directors until March 2004. From 1997 to October 2000, he served as a managing member of Pharmaceutical Partners, LLC. From 1992 to 1995, Mr. Madden was president and chief executive officer and a member of the board of directors of Selectide Corporation since 2009.
Age 54
Tenure 15 years
Professional MarksMBA
Phone617 621-8097
Webwww.dicerna.com
Madden has a B.S. in Electrical Engineering from Union College and an M.B.A. from Columbia University. The nominating and corporate governance committee believes that Mr. Madden’s diversified experience in the pharmaceutical, healthcare and financial services industries, particularly his experience of serving as an executive officer and director of several pharmaceutical companies, provide him with the qualifications and skills to serve as a member of our board of directors.

Dicerna Pharmaceuticals Management Efficiency

The company has return on total asset (ROA) of (10.43) % which means that it has lost $10.43 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (95.22) %, meaning that it created substantial loss on money invested by shareholders. Dicerna Pharmaceuticals' management efficiency ratios could be used to measure how well Dicerna Pharmaceuticals manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 64.42 M in liabilities with Debt to Equity (D/E) ratio of 0.6, which is about average as compared to similar companies. Dicerna Pharmaceuticals has a current ratio of 2.41, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Dicerna Pharmaceuticals until it has trouble settling it off, either with new capital or with free cash flow. So, Dicerna 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 Dicerna Pharmaceuticals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dicerna to invest in growth at high rates of return. When we think about Dicerna Pharmaceuticals' use of debt, we should always consider it together with cash and equity.

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Dicerna Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercializing of ribonucleic acid interference -based pharmaceuticals. As of December 27, 2021, Dicerna Pharmaceuticals, Inc. operates as a subsidiary of Novo Nordisk AS. Dicerna Pharmaceutic operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 302 people. Dicerna Pharmaceuticals (DRNA) is traded on NASDAQ Exchange in USA and employs 302 people.

Management Performance

Dicerna Pharmaceuticals Leadership Team

Elected by the shareholders, the Dicerna Pharmaceuticals' board of directors comprises two types of representatives: Dicerna Pharmaceuticals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dicerna. The board's role is to monitor Dicerna Pharmaceuticals' management team and ensure that shareholders' interests are well served. Dicerna 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, Dicerna Pharmaceuticals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruce Peacock, Independent Director
Dennis Langer, Independent Director
David Madden, Independent Chairman of the Board
Steven Kates, Vice President - Regulatory Affairs
Douglas Fambrough, President CEO, Director
Theodore Ashburn, Senior Vice President - Product Strategy & Operations
Martin Freed, Independent Director
Kevin Buchi, Independent Director
Peter Kolchinsky, Independent Director
Bob Brown, Chief Scientific Officer and Sr. VP
Brian Halak, Independent Director
Adam Koppel, Independent Director
Ralf Rosskamp, Chief Medical Officer
Rob Ciappenelli, Chief Commercial Officer
Marc Kozin, Director
James Weissman, Chief Bus. Officer
Hardean Achneck, Vice President Head of Medical Development
John Green, Interim CFO
Rebecca Peterson, Head of Corporate Communications
Stephen Hoffman, Independent Director
Anna Protopapas, Director
Cynthia Smith, Independent Director
Robert Ciappenelli, Chief Commercial Officer
David Caponera, Head of Patient Advocacy and Patient Services
Regina Paglia, Senior Vice President of Human Resources
Pankaj Bhargava, Chief Medical Officer

Dicerna 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 Dicerna 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 Dicerna 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, Dicerna Pharmaceuticals' short interest history, or implied volatility extrapolated from Dicerna Pharmaceuticals options trading.

Pair Trading with Dicerna 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 Dicerna 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 Dicerna Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Biogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biogen 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 Biogen - 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 Biogen Inc to buy it.
The correlation of Biogen 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 Biogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biogen Inc 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 Biogen 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 Investing Opportunities 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 board of governors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Consideration for investing in Dicerna Stock

If you are still planning to invest in Dicerna 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 Dicerna Pharmaceuticals' history and understand the potential risks before investing.
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