Ambrosia Biosciences

Enduring Health, Designed from the Molecule Up

About Us

Ambrosia Biosciences is a drug discovery company developing orally delivered, small molecule-based therapies for obesity and other metabolic disorders.

Our scientific team brings deep expertise across every stage of structure-based drug discovery, with contributions to 30 IND filings, 25 new molecular entities, and 7 FDA approvals.

With fully integrated U.S.-based biology and chemistry laboratories, a dedicated NMR facility, and advanced structural biology and computational chemistry capabilities, we can rapidly iterate and advance programs from initial hit to IND with exceptional speed and capital efficiency.

Our Science

Nearly 40% of approved drugs target GPCRs

Yet, despite their roles in diseases such as diabetes and other cardiometabolic conditions, Class B GPCRs have few small-molecule therapies available.

With approved peptide drugs validating these receptors clinically, a major opportunity remains for first or best-in-class, orally bioavailable small-molecule medicines.

Ambrosia integrates cryo-EM–enabled structural biology, biophysical binding assays, and AI-powered molecular design to accelerate GPCR drug discovery. Our platform generates novel compound ideas, focuses medicinal chemistry efforts, and leverages high-throughput screening when necessary, to rapidly identify, synthesize and test differentiated drug scaffolds.

Pipeline

Small Molecule Oral Discovery Pipeline

GLP1R Agonist

DC/IND-enabling studies

Developing a differentiated GLP-1 molecule demonstrating best-in-class potential, based on a novel structural approach and emphasis on lower effective human dosing, superior 24-hour target coverage, and improved combinability.

GIPR Antagonist

Discovery

Combination dosing with GLP1-RA to amplify efficacy while maintaining tolerability, as well as potential for maintenance dosing.

Amylin Agonist

Discovery

Once daily monotherapy or in combination with synergistic therapies, such as GLP-1RA.

Who we are

Meet the team

Together, we are united in our goal to deliver enduring health through safe, effective, and affordable small molecule drugs.

Nick Traggis

Founder and Chief Executive Officer

Nick Traggis

Founder and Chief Executive Officer

Nick Traggis is a serial entrepreneur with a track record of building and scaling companies across biotech, diagnostics, and other physical sciences. Most recently, he served as CEO of Lightdeck Diagnostics, where he led development of a point-of-care diagnostics platform and negotiated the company’s successful acquisition by Heska in 2023. Prior to that, he worked as the General Manager of Precision Photonics;  ultimately selling to IDEX Corporation, where he remained as the Chief Technology Officer. Nick has led or advised on seven M&A transactions, over 20 technology licensing agreements, and raised over $130 million in financing. He holds a BS in Metallurgical and Materials Engineering from the Colorado School of Mines.

Patrice Lee, PhD

President, Research & Development, Head of Pharmacology

Patrice Lee, PhD

President, Research & Development, Head of Pharmacology

Patrice Lee leads preclinical and translational R&D focused on therapies for metabolic disorders. She brings deep expertise in drug discovery, pharmacology, toxicology, and regulatory strategy, with more than 30 Investigational New Drug (IND) applications filed over her career. Prior to Ambrosia, Patrice held senior research roles at Pfizer and Array BioPharma, contributing to the development of small molecule targeted therapies across oncology and other therapeutic areas. She earned her PhD from Duke University and plays a central role in advancing Ambrosia’s orally delivered small-molecule pipeline.

Erik Hicken, PhD

Head of Chemistry

Erik Hicken, PhD

Head of Chemistry

Erik Hicken leads Ambrosia’s medicinal chemistry efforts supporting the company’s small-molecule discovery pipeline. He brings deep experience in small molecule drug discovery, including the development of brain-penetrant therapies and targeted inhibitors for difficult-to-treat cancers. Prior to Ambrosia, Erik held senior research roles at Array BioPharma and Pfizer, where he contributed to the discovery of irreversible covalent inhibitors targeting KRAS G12C and advanced multiple clinical candidates. He earned his PhD in Organic Chemistry from Brigham Young University and completed postdoctoral research at Harvard University.

Andrea Flynn, PhD

Chief Business Officer

Andrea Flynn, PhD

Chief Business Officer

Andrea brings deep expertise in investor relations, corporate communications, business strategy, and life sciences. She has raised over $7 billion in equity and debt financing across the biotechnology and pharmaceutical sectors. Prior to Ambrosia, Andrea held senior leadership roles at Jazz Pharmaceuticals, ArcherDX, Array BioPharma (acquired by Pfizer), and Novavax, where she led investor relations and corporate communications through periods of significant growth and strategic change. She holds a Ph.D. from the University of Iowa and completed postdoctoral research at Columbia University and the University of Arizona.

Faraz Naqvi, MD

Founder and Medical Director

Faraz Naqvi, MD

Founder and Medical Director

Faraz brings a rare combination of clinical practice, healthcare investing, and strategic insight into metabolic disease therapeutics. He is also a practicing physician at Sequence Health, where he treats patients with GLP-1–based therapies, providing real-world clinical perspective. Previously, Faraz held senior healthcare investment and advisory roles at Pictet Asset Management, Allianz-Dresdner Asset Management, Pequot Capital, and Bank of America Securities, managing and advising on billions of dollars in healthcare assets. He holds an MD from Harvard Medical School and completed clinical training at UCSF and UCHealth, positioning him to bridge clinical practice, research, and strategy at Ambrosia.

Ben Carver

General Counsel

Ben Carver

General Counsel

Ben Carver oversees the company’s legal, governance, and people operations. A seasoned life sciences and technology executive, he brings deep expertise in M&A, securities, corporate governance, and complex commercial transactions in high-growth environments. Previously, he served as General Counsel at ArcherDX through its acquisition by Invitae, began his legal career at Wilson Sonsini and Cooley LLP, and holds a JD from Stanford Law School with a background in engineering.

Kenny Edwards

Vice President, Finance

Kenny Edwards

Vice President, Finance

Kenny Edwards leads financial strategy, planning, and accounting at Ambrosia. He brings extensive experience guiding venture-backed companies through multiple stages of growth, with a strong background in finance and operations leadership. Previously, he served as CFO of LightDeck Diagnostics, where he helped scale the company through the pandemic and its 2023 acquisition by Heska. Earlier in his career, Kenny served as CFO for Exactis.com through its IPO and held senior finance leadership roles through other private and public market exits.

Matthew Martinson

Vice President, Operations

Matthew Martinson

Vice President, Operations

Matthew Martinson leads operational strategy, infrastructure, and cross-functional execution supporting the company’s R&D programs. He brings hands-on expertise in biochemistry, laboratory operations, and scaling research environments to enable efficient development of small-molecule therapies. Prior to his current role, Matthew previously held roles at Array BioPharma and Pfizer, contributing to the advancement of targeted small molecule therapies. He holds a BS in Biochemistry from the University of Colorado Boulder.

Kyle Lefkoff

Founder and Chairman

Kyle Lefkoff

Founder and Chairman

Kyle Lefkoff is Executive Chairman and Founder of Ambrosia Biosciences and Founder and General Partner of Boulder Ventures Ltd., with nearly four decades of experience investing in and building life sciences companies. Over his career, he has invested in more than 60 Colorado-based companies, including numerous successful life sciences exits and public companies. He is a founder and former Chairman of Array BioPharma, which was acquired by Pfizer for $11.8 billion, and served as Chairman of ArcherDX through its $2.7 billion acquisition by Invitae. Kyle holds a BA in Economics from Vassar College and an MBA in Finance from the University of Chicago, and brings deep board-level and venture leadership to Ambrosia.

Nick Traggis

Founder and CEO

Nick Traggis

Founder and CEO

Nick Traggis is a serial entrepreneur with a track record of building and scaling companies across biotech, diagnostics, and other physical sciences. Most recently, he served as CEO of Lightdeck Diagnostics, where he led development of a point-of-care diagnostics platform and negotiated the company’s successful acquisition by Heska in 2023. Prior to that, he worked as the General Manager of Precision Photonics;  ultimately selling to IDEX Corporation, where he remained as the Chief Technology Officer. Nick has led or advised on seven M&A transactions, over 20 technology licensing agreements, and raised over $130 million in financing. He holds a BS in Metallurgical and Materials Engineering from the Colorado School of Mines.

David Snitman, PhD

Founder and Director

David Snitman, PhD

Founder and Director

David Snitman was a Co-Founder of Array BioPharma, where he served as Chief Operating Officer and Vice President of Business Development from 1998 to 2015 and helped shape the company’s long-term strategy. He played a central role in building Array into a leading biopharmaceutical company, securing strategic partnerships and advancing multiple drug discovery programs. Prior to Array, Dr. Snitman held senior roles at Amgen, including Associate Director of New Products and Technology and Manager of the Boulder research facility. He holds a PhD in Chemistry from the University of Colorado, completed postdoctoral training at MIT as an NIH Fellow, and brings deep business development expertise to Ambrosia Biosciences.

William Marshall, PhD

Founder and Director

William Marshall, PhD

Founder and Director

William Marshall is a seasoned life sciences executive with more than three decades of experience in RNA therapeutics, drug discovery, and biotech leadership. He currently serves as Chief Executive Officer of Ribometrix Inc., where he is advancing a leading RNA-targeting small-molecule platform and a growing preclinical pipeline. Previously, William was CEO and Co-Founder of miRagen Therapeutics (NASDAQ: MGEN), which merged with Viridian Therapeutics, and held senior leadership roles at Dharmacon, Thermo Fisher Scientific, and Amgen. He holds a PhD in Chemistry from the University of Colorado Boulder, has authored over 50 scientific publications and 70 patents, and serves on the boards of multiple biotechnology companies.

John Orwin

Founder and Director

John Orwin

Founder and Director

John Orwin is a Venture Partner at Samsara BioCapital. Previously, he served as CEO of Relypsa, where he led the launch of Veltassa® (patiromer) and the company’s acquisition by Galenica for more than $1.5 billion. His career also includes CEO of Altreca, CEO of Affymax, Senior Vice President of BioOncology at Genentech, and senior leadership roles at Johnson & Johnson, Alza Pharmaceuticals, Sangstat Medical, Rhone-Poulenc Rorer, and Schering-Plough. John currently chairs the boards of AnaptysBio and Nested Therapeutics, serves on the boards of CARGO Therapeutics (as chair), Seagen, and Array BioPharma.

Jason Haddock

Director

Jason Haddock

Director

Jason Haddock is a seasoned biopharmaceutical finance and operations executive with more than 25 years of industry experience. He previously served as Chief Financial Officer of Array BioPharma, where he helped execute an oncology-focused R&D and commercialization strategy that led to the successful launch of two drugs and the company’s acquisition by Pfizer. Earlier in his career, Jason held senior finance, strategic, and operational leadership roles at Bristol Myers Squibb across Asia Pacific, Europe, and the United States, including CFO and COO positions. He currently serves on the boards of PYC Therapeutics and Merus N.V. and holds a bachelor’s degree in accountancy and an EMBA from Washington University in St. Louis.

John Mayer, PhD

Founder and Scientific Advisory Board Chairman

John Mayer, PhD

Founder and Scientific Advisory Board Chairman

John Mayer brings decades of experience in peptide chemistry and metabolic disease drug development. He began his career at Amgen and later led peptide chemistry groups at Eli Lilly and Novo Nordisk, where he contributed to the development of GLP-1 and related therapeutics. In 2017, John joined the faculty of Molecular, Cellular & Developmental Biology at the University of Colorado Boulder and continues to contribute to academic and industry drug discovery efforts. His scientific leadership and strategic guidance are central to advancing Ambrosia’s research and development programs in obesity and metabolic disease.

Richard DiMarchi, PhD

Scientific Advisory Board

Richard DiMarchi, PhD

Scientific Advisory Board

Richard DiMarchi is a Distinguished Professor of Chemistry and the Linda & Jack Gill Chair in Biomolecular Sciences at Indiana University, and a globally recognized leader in metabolic disease therapeutics. He is renowned for pioneering work in GLP-1 and incretin-based therapies and has contributed to the discovery and development of Humalog®, rGlucagon®, and Forteo®. Richard is a member of the National Academy of Medicine and the National Inventors Hall of Fame, and has co-founded multiple successful biotechnology companies, including Marcadia and Calibrium. He has authored more than 250 scientific publications, holds over 100 U.S. patents, and continues to shape the field of diabetes and obesity drug development through both academic and commercial innovation.

Thomas Hughes, PhD

Scientific Advisory Board

Thomas Hughes, PhD

Scientific Advisory Board

Tom Hughes is a veteran metabolic disease and drug development executive with more than 35 years of experience advancing therapies for diabetes and obesity. He has served as Chief Executive Officer of Navitor Pharmaceuticals since 2018 and currently serves on the boards of Totus Medicines and Eikonizo Therapeutics, and is an advisor of several biotechnology companies and venture capital firms. Previously, Tom was President, Chief Scientific Officer, and CEO of Zafgen, where he led the advancement of beloranib through clinical development. Earlier in his career, he held senior leadership roles at Novartis, including Global Head of Cardiovascular and Metabolic Diseases at the Novartis Institutes for BioMedical Research.

Kieran Chacko, PhD

Strategic Advisor

Kieran Chacko, PhD

Strategic Advisor

Kieran Chacko is Executive Vice President of Data Science and Corporate Strategy at Harbinger Health and a co-founder and Advisory Board member of Ambrosia Biosciences. He brings deep experience in biotechnology venture creation, company building, and corporate strategy. As a founding member of Harbinger Health, he has helped lead corporate strategy and raise approximately $200 million in private financing, and previously served as a Principal at Flagship Pioneering, where he helped create and build multiple oncology-focused platform companies. Kieran began his career in investment banking at J.P. Morgan and holds a doctorate in Computational Biology from the Icahn School of Medicine at Mount Sinai.

Nick Saccomano, PhD

Strategic Advisor

Nick Saccomano, PhD

Strategic Advisor

Nick Saccomano is President and Chief Executive Officer of OnKure, Inc., and a biopharmaceutical executive with nearly 35 years of experience leading pharmaceutical research and development. Previously, he served as Chief Science Officer and Site Head at Pfizer’s Boulder facility, overseeing a 170-scientist organization advancing small-molecule drug programs. Earlier in his career, Nick was Chief Science Officer at Array BioPharma, where he helped create and advance ten clinical-stage compounds, seven of which have achieved drug approval, and served as Chief Technology Officer at SomaLogic. He holds a PhD in Organic Chemistry from Columbia University and continues to advise multiple innovative biotechnology companies.

Investors

We partner with seasoned biotech investors and industry partners who share our purpose, leveraging their expertise to advance our drug discovery programs.

Corporate Overview
Jan 23, 2026
Our Investors
Careers

Join our team

 

We operate on a foundation of integrity, curiosity, and collaboration where inclusion and respect define our team.

(We also have a beer named after us.)

Senior Associate Scientist / Scientist, Medicinal Chemistry
Senior / Principal Scientist, Medicinal Chemistry

Ambrosia Biosciences is an equal opportunity employer, and we are committed to a work environment free of discrimination, harassment and retaliation. Employment opportunity is based on an individual’s capabilities, experience and qualifications, without regard to protected characteristics established by law.

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