FOR IMMEDIATE RELEASE
Contact:
Greg Turner, Ball Consulting Group, LLC
Phone: 617-243-9950
Email: greg@ballcg.com
CUTISPHARMA ANNOUNCES EXECUTIVE TEAM AND BOARD APPOINTMENTS
Robert M. Palladino named as Chief Financial Officer, Dr. Yatindra Joshi as Special Advisor to the Board of Directors to accelerate Strategic Growth Plan activitiesWILMINGTON, Mass. (August 1, 2017) – CutisPharma today announced the appointments of Robert M. Palladino as Chief Financial Officer and Yatindra Joshi, Ph.D., as a Special Advisor to the Board of Directors.
“With our recent filing of our first New Drug Application (NDA) submission to the FDA, I am pleased to have Bob on my management team as our first CFO and Yatindra on our Board to assist in executing our long-term growth plans,” said Neal I. Muni, MD, MSPH, Chief Executive Officer of CutisPharma. “Their strategic acumen and deep background in the pharmaceutical industry provide the company with valuable insight and capabilities to achieve our goals.”
Palladino has over 35 years of global strategic and operating experience in the life sciences industry. He has served as CFO for 480 Biomedical, Claritas Genomics, BioNevia, Corrona, PatientsLikeMe and Biosphere Medical. Palladino also founded Oxus Medical (oximetry in cardiac resynchronization) and Tesa Medical (orthopedics).
“I am excited to join CutisPharma at such an important inflection point in its history,” said Palladino. “The Company has had a great track record of fully executing on its ambitious growth plans to date, and I look forward to supporting the Company’s expansion.”
Joshi is a Partner at YMJ Consultants LLC. He also serves as Chairman of the Board of Neoprol Ltd. and is a member of the Board of Directors of Tapemark, InvaGen and Virtus Pharmaceuticals. Joshi has over 30 years of pharmaceutical industry experience, including Senior Vice President, Generic R&D - North America, at Teva Pharmaceuticals, and senior leadership roles at Bristol-Myers Squibb and Novartis.
“The CutisPharma story and the quality of its management team are quite impressive, and I look forward to my role in advising the Company’s Board to help optimize its strategic positioning in the industry,” said Joshi. “The Company has innovated by creating a specialized platform in an underserved niche of the pharmaceutical industry, and is benefiting greatly from its position.”
CutisPharma has recently undertaken several significant initiatives to expand the business from its historical base in the pharmacy compounding market and toward development and commercialization of FDA-approved drugs. The filing of the Company’s first NDA, by its RM Therapeutics subsidiary, is a key milestone in the Company’s expansion goals.
“With our recent filing of our first New Drug Application (NDA) submission to the FDA, I am pleased to have Bob on my management team as our first CFO and Yatindra on our Board to assist in executing our long-term growth plans,” said Neal I. Muni, MD, MSPH, Chief Executive Officer of CutisPharma. “Their strategic acumen and deep background in the pharmaceutical industry provide the company with valuable insight and capabilities to achieve our goals.”
Palladino has over 35 years of global strategic and operating experience in the life sciences industry. He has served as CFO for 480 Biomedical, Claritas Genomics, BioNevia, Corrona, PatientsLikeMe and Biosphere Medical. Palladino also founded Oxus Medical (oximetry in cardiac resynchronization) and Tesa Medical (orthopedics).
“I am excited to join CutisPharma at such an important inflection point in its history,” said Palladino. “The Company has had a great track record of fully executing on its ambitious growth plans to date, and I look forward to supporting the Company’s expansion.”
Joshi is a Partner at YMJ Consultants LLC. He also serves as Chairman of the Board of Neoprol Ltd. and is a member of the Board of Directors of Tapemark, InvaGen and Virtus Pharmaceuticals. Joshi has over 30 years of pharmaceutical industry experience, including Senior Vice President, Generic R&D - North America, at Teva Pharmaceuticals, and senior leadership roles at Bristol-Myers Squibb and Novartis.
“The CutisPharma story and the quality of its management team are quite impressive, and I look forward to my role in advising the Company’s Board to help optimize its strategic positioning in the industry,” said Joshi. “The Company has innovated by creating a specialized platform in an underserved niche of the pharmaceutical industry, and is benefiting greatly from its position.”
CutisPharma has recently undertaken several significant initiatives to expand the business from its historical base in the pharmacy compounding market and toward development and commercialization of FDA-approved drugs. The filing of the Company’s first NDA, by its RM Therapeutics subsidiary, is a key milestone in the Company’s expansion goals.