Kenneth Bate Biography and Net Worth



Mr. Bate currently works as an independent consultant. Previously, Mr. Bate was the President and Chief Executive Officer of Archemix Corp., a privately held biopharmaceutical company, from April 2009 through December 2011. From 2006 to April 2009, he served in various positions at NitroMed, Inc., a publicly held pharmaceutical company, most recently as President and Chief Executive Officer. From 2002 to 2005, Mr. Bate served as Head of Commercial Operations and Chief Financial Officer at Millennium Pharmaceuticals, Inc., a biopharmaceutical company. Prior to joining Millennium Pharmaceuticals, Mr. Bate co-founded JSB Partners, LLC, a banking and advisory services firm for biopharmaceutical and life sciences companies. From 1990 to 1996, Mr. Bate was employed with Biogen, Inc., a publicly traded biotechnology company, first as its Chief Financial Officer and then as head of the commercial organization responsible for launching Biogen’s multiple sclerosis business. Mr. Bate has served as a member of the board of directors of Astria Therapeutics, Inc., a publicly traded biopharmaceutical company, since January 2014, as co-chair from February 2016 to February 2019, and as chair since February 2019. Mr. Bate previously served on the boards of directors of Genocea Biosciences, Inc., a publicly traded biopharmaceutical company, from 2014 to 2022, and AVEO Pharmaceuticals, Inc., a publicly traded biopharmaceutical company, from 2008 until its merger with LG Chem, Ltd. in 2023. Mr. Bate holds a B.A. in Chemistry from Williams College and an M.B.A. from The Wharton School of the University of Pennsylvania.

What is Kenneth Bate's net worth?

The estimated net worth of Kenneth Bate is at least $1.54 million as of November 5th, 2025. Mr. Bate owns 2,627 shares of Madrigal Pharmaceuticals stock worth more than $1,539,974 as of December 4th. This net worth evaluation does not reflect any other assets that Mr. Bate may own. Learn More about Kenneth Bate's net worth.

How do I contact Kenneth Bate?

The corporate mailing address for Mr. Bate and other Madrigal Pharmaceuticals executives is 200 BARR HARBOR DRIVE SUITE 400, WEST CONSHOHOCKEN PA, 19428. Madrigal Pharmaceuticals can also be reached via phone at (267) 824-2827 and via email at [email protected]. Learn More on Kenneth Bate's contact information.

Has Kenneth Bate been buying or selling shares of Madrigal Pharmaceuticals?

During the past quarter, Kenneth Bate has sold $8,027,272.50 of Madrigal Pharmaceuticals stock. Most recently, Kenneth Bate sold 16,575 shares of the business's stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $484.30, for a transaction totalling $8,027,272.50. Following the completion of the sale, the director now directly owns 2,627 shares of the company's stock, valued at $1,272,256.10. Learn More on Kenneth Bate's trading history.

Who are Madrigal Pharmaceuticals' active insiders?

Madrigal Pharmaceuticals' insider roster includes Kenneth Bate (Director), Fred Craves (Director), James Daly (Director), Paul Friedman (Director), Carole Huntsman (Chief Commercial Officer), Shannon Kelley (General Counsel), Richard Levy (Director), Brian Lynch (SVP), William Sibold (CEO), Remy Sukhija (Sr. VP & Chief Commercial Officer), Rebecca Taub (Director, Founder, Chief Medical Officer and President of Research & Development), and Robert Waltermire (VP). Learn More on Madrigal Pharmaceuticals' active insiders.

Are insiders buying or selling shares of Madrigal Pharmaceuticals?

During the last twelve months, Madrigal Pharmaceuticals insiders bought shares 3 times. They purchased a total of 165,683 shares worth more than $61,921,142.32. During the last twelve months, insiders at the biopharmaceutical company sold shares 30 times. They sold a total of 378,525 shares worth more than $142,205,800.83. The most recent insider tranaction occured on December, 4th when CEO William John Sibold sold 2,400 shares worth more than $1,380,816.00. Insiders at Madrigal Pharmaceuticals own 21.5% of the company. Learn More about insider trades at Madrigal Pharmaceuticals.

Information on this page was last updated on 12/4/2025.

Kenneth Bate Insider Trading History at Madrigal Pharmaceuticals

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/5/2025Sell16,575$484.30$8,027,272.502,627View SEC Filing Icon  
8/15/2025Sell10,000$365.20$3,652,000.002,627View SEC Filing Icon  
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Kenneth Bate Buying and Selling Activity at Madrigal Pharmaceuticals

This chart shows Kenneth Bate's buying and selling at Madrigal Pharmaceuticals by year and by quarter.

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Madrigal Pharmaceuticals Company Overview

Madrigal Pharmaceuticals logo
Madrigal Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development of therapeutics for the treatment of non-alcoholic steatohepatitis (NASH) in the United States. Its lead product candidate is resmetirom, a liver-directed thyroid hormone receptor beta agonist, which is in Phase 3 clinical trials for treating NASH. The company is headquartered in West Conshohocken, Pennsylvania.
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Today's Range

Now: $586.21
Low: $573.00
High: $594.27

50 Day Range

MA: $485.24
Low: $412.35
High: $601.03

2 Week Range

Now: $586.21
Low: $265.00
High: $605.00

Volume

219,562 shs

Average Volume

339,166 shs

Market Capitalization

$13.31 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A