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Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 23, 2021



BridgeBio Pharma, Inc.

(Exact name of registrant as specified in its charter)




Delaware   001-38959   84-1850815

(State or other jurisdiction

of incorporation)



File Number)


(IRS Employer

Identification No.)

421 Kipling Street

Palo Alto, CA

(Address of principal executive offices)   (Zip Code)

(650) 391-9740

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):



Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)



Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)



Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))



Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class





Name of each exchange

on which registered

Common Stock   BBIO   The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐




Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) Effective as of October 23, 2021, the Board of Directors (the “Board”) of BridgeBio Pharma, Inc. (the “Company”) increased the size of the Company’s Board from fourteen to fifteen directors (the “Board Increase”). The Company effected the Board Increase pursuant to Article VI, Section 3 of the Company’s Amended and Restated Certificate of Incorporation and Article II, Section 2 of the Company’s Amended and Restated Bylaws.

Effective as of October 23, 2021, the Board, upon the recommendation of the Nominating and Corporate Governance Committee, appointed Dr. Hannah A. Valantine to the Board. Dr. Valantine will serve as a Class I director of the Company, to hold office until the date of the annual meeting of stockholders during the year ending December 31, 2023 or until her earlier death, resignation or removal.

Pursuant to the Company’s Director Compensation Policy, effective as of October 25, 2021, the Board granted to Dr. Valantine an option to purchase $1,200,000 of shares of the Company’s common stock at an exercise price equal to $48.45, the closing market price per share of the Company’s common stock on the Nasdaq Stock Market on the date of grant. The options will vest in three equal annual installments over a three-year period, subject to Dr. Valantine’s continued service on the Board.

Dr. Valantine has entered into the Company’s standard form of indemnification agreement, which is filed as Exhibit 10.4 to Amendment No. 4 to the Company’s Registration Statement on Form S-1 filed on June 25, 2019 and incorporated herein by reference.

Dr. Valantine currently serves as Professor of Medicine at Stanford University School of Medicine, where she has been a faculty member since 1987. From April 2014 to September 2020, Dr. Valantine served as Chief Officer for Scientific Workforce Diversity at the National Institutes of Health, and as a Senior Investigator in the Intramural Research Program at the National Heart, Lung, and Blood Institute. From November 2004 to April 2014, Dr. Valantine was Professor of Cardiovascular Medicine and the Senior Associate Dean for Diversity and Leadership at Stanford. In collaboration with her colleagues at Stanford, Dr. Valantine co-invented the technology for donor derived cell-free DNA for diagnosis of transplant rejection, which is currently licensed and used to monitor patients for early detection of acute rejection. Dr. Valantine has served on the board of directors of Pacific Biosciences of California, Inc. (Nasdaq: PACB) since June 2021, and of CareDx, Inc. (Nasdaq: CDNA) since July 2021. Dr. Valantine also serves as Principal and Founder of HAV LLC, a consulting company for diversity, equity and inclusion that she founded in January 2021. Dr. Valantine received her M.B.B.S., M.R.C.P. and M.D. at St Georges Hospital/London University. Dr. Valantine’s qualifications to serve on our Board of Directors include her extensive experience in the life sciences industry and background in academic medicine.

There are no arrangements or understandings between Dr. Valantine and any other persons pursuant to which Dr. Valantine was appointed as a member of the Board. There are also no family relationships between Dr. Valantine and any director or executive officer of the Company or any other person nominated or chosen by the Company to become a director or executive officer, and she does not have a direct or indirect interest in any transaction or proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.


Item 7.01

Regulation FD Disclosures.

On October 25, 2021, the Company issued a press release announcing the appointment of Dr. Valantine to the Board. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information in Item 7.01 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”) or otherwise subject to the liability of that section, nor shall such information be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.


Item 9.01

Financial Statements and Exhibits

(d) Exhibits.


99.1    Press Release, dated October 25, 2021
104    Cover Page Interactive Data file (embedded within the Inline XBRL document)


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



BridgeBio Pharma, Inc.

Date: October 26, 2021      

/s/ Brian C. Stephenson


Brian C. Stephenson

Chief Financial Officer


Exhibit 99.1

BridgeBio Pharma, Inc. Appoints Pioneering National Leader in Genomics and Workforce Diversity Hannah Valantine to its Board of Directors

PALO ALTO, Calif., Oct. 25, 2021 /PRNewswire/ — BridgeBio Pharma, Inc. (Nasdaq: BBIO), a commercial-stage biopharmaceutical company focused on genetic diseases and cancers, today announced that it has added a new independent director to its board: Hannah Valantine, M.D., a national leader in organ transplant genomics who led the National Institutes of Health’s efforts to promote diversity, equity, and inclusion in biomedical research. Dr. Valantine currently serves as a professor of medicine at Stanford University School of Medicine, where she has been a faculty member since 1987. Dr. Valantine was elected to the National Academy of Medicine in 2020 for her research in organ transplantation and her work to promote workforce diversity.

“From her groundbreaking discovery of a new technology to help transplant patients, to her meaningful efforts to support and encourage diversity within biomedical sciences, Dr. Valantine’s impact on our industry is far-reaching,” said BridgeBio founder and CEO Neil Kumar, Ph.D. “We are proud to have Dr. Valantine join our board and we feel privileged to have the opportunity to learn from her as we work to build the next great genetic medicine company together.”

At the National Institutes of Health, Dr. Valantine served as the inaugural chief officer for scientific workforce diversity, and as a senior investigator in the intramural research program at the National Heart, Lung, and Blood Institute from 2014 to 2020. Prior to that, she was a professor of cardiovascular medicine and the senior associate dean for diversity and leadership at Stanford.

In collaboration with her colleagues at Stanford, Dr. Valantine co-invented the technology for organ donor derived cell-free DNA for diagnosis of transplant rejection, which is currently licensed and used to monitor patients for early detection of acute organ rejection. Dr. Valantine also serves as the principal and founder of HAV LLC, a consulting company for diversity, equity and inclusion that she founded in January 2021. Dr. Valantine serves on the board of directors of Pacific Biosciences of California, Inc. and of CareDx, Inc. Dr. Valantine received her M.B.B.S., M.R.C.P. and M.D. at St. Georges Hospital/London University.

“As someone who has been focused throughout my career on improving patient outcomes, I am impressed and inspired by BridgeBio’s commitment to helping people living with genetic diseases and cancers. I look forward to supporting the company in its efforts to develop meaningful medicines for patients around the world, and fostering an environment where diverse perspectives are heard and harnessed as we advance promising biomedical research for patients in need,” said Dr. Valantine.

About BridgeBio Pharma, Inc. BridgeBio Pharma, Inc. (BridgeBio) is a biopharmaceutical company founded to discover, create, test and deliver transformative medicines to treat patients who suffer from genetic diseases and cancers with clear genetic drivers. BridgeBio’s pipeline of over 30 development programs ranges from early science to advanced clinical trials and its commercial organization is focused on delivering the company’s two approved therapies. BridgeBio was founded in 2015 and its team of experienced drug discoverers, developers and innovators are committed to applying advances in genetic medicine to help patients as quickly as possible. For more information visit bridgebio.com.

BridgeBio Media Contact:

Grace Rauh


(917) 232-5478

BridgeBio Investor Contact:

Katherine Yau


(516) 554-5989