Healthcare Industry News: cannabinoid
News Release - October 26, 2017
Intec Pharma Names Walt Linscott as Chief Administrative OfficerMr. Linscott brings three decades of broad experience to new role
JERUSALEM, October 26, 2017 -- (Healthcare Sales & Marketing Network) -- Intec Pharma Ltd. (Nasdaq: NTEC) (TASE: NTEC), a clinical-stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill™ platform technology, today announced it has named Mr. Walt Linscott to the position of Chief Administrative Officer. Mr. Linscott brings to Intec three decades of global leadership, entrepreneurial and professional experience with broad business development, operational, regulatory, and transactional experience in the Life Sciences sector.
"We are delighted to welcome Walt to Intec. He is an accomplished executive with senior executive experience that will be invaluable to us as we build our organization and advance our Accordion Pill platform technology," said Jeffrey A. Meckler, Chief Executive Officer of Intec Pharma. "We look forward to his contributions and guidance as we approach significant clinical milestones and near the completion of a pivotal Phase 3 clinical trial of our Accordion Pill Carbidopa/Levodopa."
Mr. Linscott joins Intec after having co-founded a global consulting enterprise providing strategic advice to developing companies. Prior to his consulting role, Mr. Linscott held senior level executive positions at public and private medical device and pharmaceutical companies, including Cocrystal Pharma, Inc., Carestream Health, Inc. and Solvay Pharmaceuticals, Inc. In addition to this experience, he was partner at Thompson Hine LLP for seventeen years collectively, where he served as Partner in Charge and Chair of the firm's Life Science Practice Group. Mr. Linscott holds a Postgraduate Diploma in Global Business from the University of Oxford and a Postgraduate Diploma in Entrepreneurship from Cambridge University. He earned a bachelor's degree from Syracuse University and a Juris Doctor from the University of Dayton School of Law. Mr. Linscott served on active duty as an Officer in the United States Marine Corps.
About Intec Pharma Ltd.
Intec Pharma is a clinical-stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill platform technology. The Company's Accordion Pill is an oral drug delivery system that is designed to improve the efficacy and safety of existing drugs and drugs in development by utilizing an efficient gastric retention and specific release mechanism. The Company's product pipeline includes two product candidates in clinical trial stages: Accordion Pill Carbidopa/Levodopa, or AP-CD/LD, which is being developed for the treatment of Parkinson's disease symptoms in advanced Parkinson's disease patients, and AP-CBD/THC, an Accordion Pill with the two primary cannabinoids contained in Cannabis sativa, cannabidiol (CBD) and tetrahydrocannabinol (THC), which is being developed for various indications including low back neuropathic pain and fibromyalgia.
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Source: Intec Pharma
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