– USA, NY – ProJenX, Inc., a clinical-stage biotechnology company developing novel, brain-penetrant therapies targeting biologically-defined pathways for the treatment of amyotrophic lateral sclerosis and other debilitating brain diseases, today announced the appointment of Rick Hartz to its Board of Directors, and the initial closing of a $15 million Series A financing led by Medical Excellence Capital.
About Rick Hart
Rick is currently SVP of Global Pharma & Human Health Business Development at Merck & Co., Inc. Rick has more than 30 years of commercial, marketing, and business development leadership experience across multiple therapeutic areas. At Merck, he leads a global commercial team responsible for cardiovascular, respiratory, metabolic, infectious disease, hospital/specialty, immunology, and neuroscience. Previous positions at Merck include SVP for Global Oncology Partnerships, SVP for US Managed Markets, and CMO, US Market. He earned a bachelor’s degree in economics from Dickinson College and an MBA from The Wharton School of the University of Pennsylvania.
“I am excited to join the ProJenX Board and contribute to its mission to advance promising therapies for ALS and other neurodegenerative diseases,” added Mr. Hartz. “With an orphan drug designation, prosetin is poised to advance toward a global pivotal trial next year and I look forward to working with my fellow board members and the ProJenX team to help guide the growth of the company.”
About ProJenX
ProJenX is a clinical-stage biotechnology company developing novel, brain-penetrant, targeted therapies to address untreatable brain diseases, with an initial focus on ALS. ProJenX was created out of a long-term research collaboration between Project ALS and researchers at Columbia University to rapidly develop and commercialize its lead therapy candidate, prosetin, for people living with ALS. At the heart of ProJenX’s approach is an innovative, patient-specific, cell-based drug discovery platform that can be leveraged for research and drug development for ALS and other debilitating brain diseases.
For more information: https://projenx.com/
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