CUMBERLAND, RI–(WIRE WIRE)–Neurotech Prescription drugs, Inc., a clinical-stage biotechnology firm, introduced at this time the enlargement of its govt crew with the appointment of Scott Hunter as Chief Industrial Officer, bringing twenty years of eye care expertise in each uncommon ailments and specialty markets.
“The appointment of Scott because the Firm’s first Chief Industrial Officer marks an vital milestone for Neurotech. “Scott will assist us enhance our enterprise technique and construct our enterprise infrastructure,” mentioned Richard Small, Neurotech Chief Government Officer. “His confirmed success in bringing merchandise to market that deal with unmet wants is in good concord with our imaginative and prescient and tradition, devoted to slowing illness development whereas serving to sufferers keep their imaginative and prescient and high quality of life.”
“I’m extraordinarily excited to hitch the Neurotech crew and arrange the industrial group,” mentioned Scott Hunter. “Starting with the science behind the NT-501, I imagine Neurotech can drastically change the administration of vision-threatening retinal situations like MacTel.”
Scott joins Neurotech with a confirmed observe document in international uncommon and unique eye care expertise. Most just lately at Novartis as International Head of Advertising for Luxturna (voretigene neparvovec-rzyl), he was chargeable for advancing the worldwide technique for the primary commercially authorized ocular gene remedy. Previous to Novartis, Scott was within the Shire, the place he was instrumental in establishing the US ophthalmic franchise and launching Xiidra, ensuing within the divestment of Novartis for as much as $5.3 billion. Beforehand he spent 12 years at Bausch & Lomb the place he assumed rising accountability in analysis and growth (R&D) and advertising and marketing. After graduating from the College of South Florida with a BA in Biology, Scott earned a grasp’s diploma in Pharmacoeconomics from the College of Florida and an MBA from the College of Tampa.
About macular telangiectasia sort 2
Macular telangiectasia sort 2 (MacTel) or idiopathic juxtafoveal macular telangiectasia sort 2 is a uncommon neurodegenerative illness with attribute modifications within the retinal vasculature and localized retinal degeneration.one MacTel usually impacts each eyes and causes a gradual deterioration in central imaginative and prescient.
Concerning the NT-501 Implant
Designed to be implanted within the vitreous cavity of the attention, the investigational NT-501 implant is a small hole cylindrical membrane encapsulating human epithelial cells genetically engineered to constantly produce ciliary neurotrophic issue (CNTF), a protein at present clinically validated in Section 3 clinics. Makes an attempt to gradual MacTel’s progress.
About Encapsulated Cell Remedy
Encapsulated Cell Remedy (ECT) is an investigational, first-in-class platform expertise that helps the continual manufacturing of eye therapeutic proteins with the potential to deal with all kinds of ocular ailments. It makes use of a proprietary, well-characterized retinal pigment epithelial cell line that has been genetically engineered to provide therapeutically energetic organic merchandise. The cells are encapsulated in a semipermeable membrane that enables selective passage of therapeutic proteins. The ECT platform is inserted by way of a small scleral incision throughout a single outpatient surgical process and may be faraway from the identical incision if desired. ECT has the potential to handle the present limitations of intraocular drug supply by guaranteeing and sustaining affected person compliance and lowering the therapy burden with a single surgical process that may ship medicine for a minimum of 2 years.
Neurotech Prescription drugs Inc. About
Neurotech Prescription drugs, Inc. is a privately owned clinical-stage biotechnology firm targeted on creating transformative remedies for power eye ailments. The core platform expertise, ECT, permits the continual manufacturing of therapeutic proteins to the attention. Neurotech is at present clinically engaged on ECT candidates to deal with Macular telangiectasia sort 2 and glaucoma. Go to to study extra www.neurotechpharmaceuticals.com.
Charbel Issa P, Gillies MC, Chew EY, Heeren TFC, Chook AC, Peto T, Holz FG, Scholl HPN (2013) Macular Telangiectasia Sort 2. Prog. your retina. Eye Resolve. 34:49-77.
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