– USA, MD – Altimmune, Inc. (Nasdaq:ALT), a clinical-stage immunotherapeutics company focused on infectious disease, today announced it has appointed Mitchel Sayare, Ph.D., as Executive Chairman of the Board, effective immediately.
Dr. Sayare originally joined PharmAthene’s Board of Directors in April 2010. He became Chairman of merger partner Altimmune’s Board of Directors in January 2018. Dr. Sayare will work closely with management to effect important changes in strategic focus, financing efforts and partnering initiatives.
Relevant to these efforts, the Company is pleased to announce the hiring of José Ochoa as Chief Business Officer of Altimmune. Mr. Ochoa joined Altimmune from IDT Biologika Corporation where he served as Chief Business Officer & Head of Animal Health Americas. Prior to IDT, Mr. Ochoa spent over a decade at Emergent BioSolutions, having served as Vice President Strategic Alliances, and as Vice President, Business Development & Alliance Management, where he led mergers & acquisitions, in-licensing, corporate strategy and alliance management functions. Mr. Ochoa initially served as General Counsel at BioPort (Emergent’s predecessor) and General Counsel for East West Resources Corporation.
William Enright, CEO, added, “José brings substantial transactional experience as a veteran of the industry, and I am confident that he will successfully lead development and execution of our partnering strategy with particular regard to our key anthrax and influenza programs.”
About Altimmune
Altimmune is a clinical-stage immunotherapeutics company focused on the development of products to stimulate robust and durable immune responses for the prevention and treatment of infectious disease. NasoVAX, our influenza vaccine candidate, has unique characteristics, stimulating multiple arms of the immune system that offer the potential to stop infection and the spread of flu, while being easier to administer through an intranasal spray. NasoShield and SparVax-L are two next-generation anthrax vaccine candidates that are intended to improve protection and safety while having favorable dosage and storage requirements compared to other anthrax vaccines.
For more information : http://www.altimmune.com
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