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- Courage Therapeutics has appointed biopharma veteran Giovanni Ferrara as CEO following a significant investment from Arsenal Bridge Ventures in May. - The company is developing novel treatments for obesity and eating disorders by targeting the central melanocortin system, specifically MC3 and MC4 receptors that regulate energy balance. - Ferrara brings extensive experience from leading Medeor Therapeutics through Phase 3 cell therapy development and founding NeuroVia as a partner at Novartis Venture Funds. - The leadership change positions Courage to accelerate clinical development of its selective MC4R and MC3R compounds while raising additional seed funding.