Healthcare Industry News: VaxInnate
News Release - July 19, 2010
Phage Pharmaceuticals Appoints David Jackson as Vice President, Operations PlanningSeasoned Manufacturing Executive Joins Manufacturer of Therapeutic Proteins
SAN DIEGO & NEW YORK--(HSMN NewsFeed)--Phage Pharmaceuticals, Inc., a clinical-stage developer and manufacturer of therapeutic proteins, announced today that it has appointed David Jackson to the position of Vice President, Operations Planning. In this role, Mr. Jackson is responsible for oversight of the company’s cGMP-certified therapeutic protein manufacturing facility in San Diego. He reports to Robert J. Beckman, CEO of Phage Pharmaceuticals.
About Phage Pharmaceuticals
Phage Pharmaceuticals makes use of a proprietary production method that improves upon well-established approaches for the manufacture of targeted proteins and results in the production of properly-folded therapeutic proteins at high yields. The production method results in lower manufacturing costs with fewer waste by-products and impurities compared with current conventional methods used in the manufacture of similar therapeutics.
Phage Pharmaceuticals has two product candidates in clinical development, Human Growth Hormone ("hGH") and Fibroblast Growth Factor-1 ("FGF-1"). Both product candidates have open, active INDs with the FDA. Phase I clinical trials of the company’s hGH drug candidate have been completed successfully, and the company is positioned to begin further clinical development of hGH as a biosimilar. FGF-1 manufactured at Phage Pharmaceuticals' facilities has been assessed successfully in a Phase I clinical trial for treatment of wounds and was shown to be safe and well-tolerated. Other preparations of FGF-1 prepared in Phage Pharmaceuticals' facilities in the same manner were assessed in Phase I safety and Phage II efficacy trials for the treatment of severe Coronary Heart Disease. Phage Pharmaceuticals has other therapeutic proteins in various stages of pre-clinical development. Among the programs are those involving Beta Interferon, G-CSF, Parathyroid Hormone, EGF, the various forms of FGF (1 to 22), and pegylated versions of Interferon Alpha, hGH, C-CSF, Beta Interferon, EPO, Coagulation Factor VIII, Coagulation Factor IX, FGF-1, Interferon Gamma, Interleukin-12, and Insulin-Like Growth Factor-1.
Source: Phage Pharmaceuticals
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