– USA, MA – CoLucid Pharmaceuticals, Inc. (NASDAQ:CLCD), a Phase 3 clinical-stage biopharmaceutical company that is developing its lead product candidate, lasmiditan, for the acute treatment of migraine headaches in adults, announced today that Mark Corrigan M.D., has been elected by the Board of Directors to serve as a director. Dr. Corrigan is filling a seat created by the resignation of Richard Markham, and will serve as a class II director of the Company with a term expiring at the annual meeting of stockholders to be held in 2017. In addition, Dr. Corrigan has been elected as Chairman of the Compensation Committee. CoLucid’s Board remains at seven directors, six of whom are independent.
Dr. Corrigan serves as a director of EPIRUS Biopharmaceuticals, Inc., and Cardiome Pharma Corp. Previously, he served as president and chief executive officer of Zalicus, Inc., a predecessor of EPIRUS Biopharmaceuticals, from January 2010 until the two companies merged in July 2014. Dr. Corrigan was Executive Vice President, Research & Development of Sunovion Pharmaceuticals Inc. (formerly Sepracor Inc.) from April 2003 until December 2009. Prior to joining Sunovion Pharmaceuticals, he spent 10 years with Pharmacia & Upjohn, Inc., most recently as Group Vice President of Global Clinical Research and Experimental Medicine. Prior to joining the pharmaceutical industry, Dr. Corrigan spent five years in academic research at the University of North Carolina Medical School, focusing on psychoneuroendocrinology. Dr. Corrigan served on the board of directors of Cubist Pharmaceuticals, Inc. (acquired by Merck & Co., Inc.), from 2008 until 2015, and Avanir Pharmaceuticals (acquired by Otsuka), from 2014 until 2015.
“We would like to thank Dick Markham for his enthusiastic service as a member of our Board of Directors,” said Art Pappas, Chairman of the Board of Directors. “We are thrilled to have Mark join our board, as he provides a tremendous depth of clinical, regulatory and commercial expertise and experience in the neurology and migraine fields.”
“I am very excited to be working with the CoLucid team to support the Company’s efforts to bring Lasmiditan to patients suffering from migraines,” said Dr. Corrigan. “Lasmiditan represents the first novel mechanism treatment developed for migraines in over 20 years, and offers the potential to treat patients that might otherwise be prevented from taking existing therapies due to cardiovascular risk factors and disease.”
About CoLucid Pharmaceuticals, Inc.
CoLucid was founded in 2005 and is developing oral lasmiditan for the acute treatment of migraine headaches in adults and intravenous lasmiditan for the acute treatment of unspecified headache pain in adults in emergency room and other urgent care settings.
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
