Mr. Modig is a co-founder of Pharvaris and has served as Chief Executive Officer since its inception. Prior to Pharvaris, Berndt served as Chief Financial Officer of Prosensa Holding N.V., a biopharmaceutical company focusing on novel RNA modulating treatments for rare diseases like Duchenne muscular dystrophy, from March 2010 through its IPO on the NASDAQ in 2013 until its acquisition by BioMarin Pharmaceutical Inc. in January 2015 for up to USD 840 mln. From October 2003 to November 2008, he was Chief Financial Officer at Jerini AG through its IPO on the Frankfurt exchange in 2005 and sale to Shire plc in 2008. Jerini developed and launched icatibant for the treatment of hereditary angioedema (HAE), now currently marketed by Shire plc under the FIRAZYR brand name. Before Jerini, he served as Chief Financial Officer at Surplex AG from 2001 to 2003 and as Finance Director Europe of U.S.-based Hayward Industrial Products Inc. from 1999 to 2001.
In previous positions, Mr. Modig was a Partner in the Brussels-based private equity firm Agra Industria from 1994 to 1999 and a Senior Manager in the Financial Services Industry Group of Price Waterhouse LLP in New York from 1991 to 1994. Berndt also serves as a director and Audit Committee chair of Axovant Sciences Ltd., member of the Audit Committee of Affimed N.V., director and chair of the Audit Committee of Kiadis Pharma N.V. all publicly held pharmaceutical companies. Berndt received a bachelor’s degree in business administration, economics and German from the University of Lund, Sweden, and an M.B.A. from INSEAD, Fontainebleau, France. He is a certified public accountant (inactive).