Kamada Ltd. (NASDAQ:KMDA) (TASE:KMDA), a plasma-derived protein
therapeutics company focused on orphan indications, announces that the
Company has strengthened its senior leadership team with the appointment
of Eran Schenker, M.D. to the newly created position of Vice
President-Medical Director Dr. Schenker will report to David Tsur,
co-founder and CEO of Kamada.
“We are very pleased to welcome Dr. Schenker to our senior management
team as he brings relevant experience and significant expertise in areas
key to Kamada’s continued growth and leadership in plasma-derived
protein therapeutics,” stated Mr. Tsur. “As we expand our core
commercial business, increase our revenues and advance our clinical
development programs in important areas of unmet medical need such as
Type 1 Diabetes and Graft versus Host Disease (GvHD), I am confident Dr.
Schenker's contribution will be instrumental in assisting us to achieve
our clinical, commercial and corporate objectives. As the leaders in the
clinical development of AAT for multiple indications, we are
strengthening our medical leadership to support this growing pipeline
and to assist us in bringing these innovative therapeutics to patients
around the globe.”
Eran Schenker, M.D. - Vice President-Medical Director
Dr. Schenker joins Kamada with more than 15 years of experience in
international medical affairs and business development for biotechnology
and pharmaceutical companies. Prior to Kamada, from 2007 to 2014, Dr.
Schenker was with Neurim Pharmaceuticals, where he initially served as
the Medical Director and Business Development Manager and later as Vice
President, where he completed the launch of the company's flagship CNS
product in more than 40 countries. From 2005 to 2006, Dr. Schenker
served as the CEO and Medical Director of Collplant LTD. (TASE: CLPT), a
company focused on the development of plant-driven, recombinant,
genetically-modified biomaterials technology for the production of human
collagen. From 1995 to 2005 Dr. Schenker served as the CEO and Medical
Director of MedicTouch Ltd., a mobile health device and
application company that designs, develops and markets mobile health
applications. Dr. Schenker earned his Bachelor of Science degree in
Medical Science and his M.D. from the School of Medicine at the Ben
Gurion University in Israel.
About Kamada
Kamada Ltd. is focused on plasma-derived protein therapeutics for orphan
indications, and has a commercial product portfolio and a robust
late-stage product pipeline. The Company uses its proprietary platform
technology and know-how for the extraction and purification of proteins
from human plasma to produce Alpha-1 Antitrypsin (AAT) in a
highly-purified, liquid form, as well as other plasma-derived proteins.
AAT is a protein derived from human plasma with known and
newly-discovered therapeutic roles given its immunomodulatory,
anti-inflammatory, tissue-protective and antimicrobial properties. The
Company’s flagship product is Glassia®, the first and only liquid,
ready-to-use, intravenous plasma-derived AAT product approved by the
U.S. Food and Drug Administration. Kamada markets Glassia in the U.S.
through a strategic partnership with Baxter International. In addition
to Glassia, Kamada has a product line of nine other pharmaceutical
products that are marketed through distributors in more than 15
countries, including Israel, Russia, Brazil, India and other countries
in Latin America, Eastern Europe and Asia. Kamada has five late-stage
plasma-derived protein products in development, including an inhaled
formulation of AAT for the treatment of AAT deficiency that completed a
pivotal Phase 2/3 clinical trials in Europe and has initiated Phase 2
clinical trials in the U.S. Kamada also leverages its expertise and
presence in the plasma-derived protein therapeutics market by
distributing 10 complementary products in Israel that are manufactured
by third parties.
Cautionary Note Regarding Forward-Looking Statements
This release includes forward-looking statements within the meaning of
Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E
of the US Securities Exchange Act of 1934, as amended, and the safe
harbor provisions of the U.S. Private Securities Litigation Reform Act
of 1995. Forward-looking statements are statements that are not
historical facts, such as statements regarding assumptions and results
related to financial results forecast, commercial results, clinical
trials, Intellectual Property, the EMA and U.S. FDA filings and
authorizations and timing of clinical trials. Forward-looking statements
are based on Kamada’s current knowledge and its present beliefs and
expectations regarding possible future events and are subject to risks,
uncertainties and assumptions. Actual results and the timing of events
could differ materially from those anticipated in these forward-looking
statements as a result of several factors including, but not limited to,
unexpected results of clinical trials, delays or denial in the U.S. FDA
or the EMA approval process, additional competition in the AATD market
or further regulatory delays. The forward-looking statements made herein
speak only as of the date of this announcement and Kamada undertakes no
obligation to update publicly such forward-looking statements to reflect
subsequent events or circumstances, except as otherwise required by law.
Copyright Business Wire 2015