Venatorx Pharmaceuticals Announces Organizational Changes

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Venatorx Pharmaceuticals, a late-stage pharmaceutical company focused on advancing new therapies for infectious diseases, today announced two organizational changes: the retirement of its Chief Medical Officer, Timothy Henkel, M.D., Ph.D., and the step-down of Vincent Milano from the Board of Directors.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, December 20, 2022
Information
Tags: 
General Health, Pharmaceutical, Health, Clinical Trials, Pyelonephritis, Infection, Patient, BARDA, Food, Tuberculosis verrucosa cutis, Retirement, Melioidosis, Medication, FDA, Degenerative disease, Urinary tract infection, Research, Bacteria, Regulation of tobacco by the U.S. Food and Drug Administration, Pharmaceutical industry
Geotags: 
PENNSYLVANIA, UNITED STATES, NORTH AMERICA
Organisation: 
VENATORX PHARMACEUTICALS
Summary
Key Points: 
  • Venatorx Pharmaceuticals, a late-stage pharmaceutical company focused on advancing new therapies for infectious diseases, today announced two organizational changes: the retirement of its Chief Medical Officer, Timothy Henkel, M.D., Ph.D., and the step-down of Vincent Milano from the Board of Directors.
  • “Tim’s contributions to Venatorx have been invaluable across our drug candidate pipeline, most notably in guiding the strategy and clinical development programs for both cefepime-taniborbactam and ceftibuten-ledaborbactam,” said Christopher J. Burns, Ph.D. , President and CEO of Venatorx.
  • “On behalf of the entire Venatorx team, I would like to thank Tim for his commitment and leadership over nearly a decade.
  • For more information about Venatorx and its anti-infectives portfolio, please visit www.venatorx.com .


Venatorx Pharmaceuticals, a late-stage pharmaceutical company focused on advancing new therapies for infectious diseases, today announced two organizational changes: the retirement of its Chief Medical Officer, Timothy Henkel, M.D., Ph.D., and the step-down of Vincent Milano from the Board of Directors. Dr. Henkel will continue to serve as a strategic advisor to the company.

“Tim’s contributions to Venatorx have been invaluable across our drug candidate pipeline, most notably in guiding the strategy and clinical development programs for both cefepime-taniborbactam and ceftibuten-ledaborbactam,” said Christopher J. Burns, Ph.D., President and CEO of Venatorx. “On behalf of the entire Venatorx team, I would like to thank Tim for his commitment and leadership over nearly a decade. We wish him the very best in his retirement and look forward to continued interaction through his advisory role.

“Just as importantly, I would like to thank Vin Milano for his impactful leadership during his tenure on the Board at Venatorx, a period that spanned the evolution of the Company from a preclinical focus through clinical to now FDA pre-registration. Vin’s unique blend of operational, governance, and transactional experience has critically supported our Board and our leadership team as Venatorx has grown to become a world leader in infectious disease research and development.”

About Venatorx Pharmaceuticals

Venatorx is a private, late-stage clinical pharmaceutical company focused on improving health outcomes for patients with multidrug-resistant bacterial infections and hard-to-treat viral infections. Venatorx’s lead program, cefepime-taniborbactam, is a clinical-stage antibiotic that completed a Phase 3 study in adults with complicated urinary tract infections (cUTI), including pyelonephritis. Based on positive results from the CERTAIN-1 Phase 3 clinical trial, the Company expects to submit a New Drug Application with the U.S. Food and Drug Administration for cefepime-taniborbactam in the first half of 2023. In October 2022, BARDA awarded a contract of up to $318M for development and procurement of cefepime-taniborbactam for the treatment of melioidosis and multi-drug resistant infections. Venatorx is also developing an oral antibacterial, ceftibuten-ledaborbactam, for the treatment of cUTI, including pyelonephritis, caused by certain bacteria in adult patients with limited treatment options; this product is nearing completion of Phase 1. For more information about Venatorx and its anti-infectives portfolio, please visit www.venatorx.com.

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