Proteon Therapeutics appoints Scott Canute to its Board of Directors

– USA, MA – Proteon Therapeutics Inc. (Nasdaq:PRTO), a company developing novel, first-in-class therapeutics to address the medical needs of patients with kidney and vascular diseases, today announced the appointment of Scott Canute to its Board of Directors. Mr. Canute has more than 30 years of experience in the life science industry, with particular expertise in manufacturing and operations. Mr. Canute is the former President of Global Manufacturing Operations at Eli Lilly and Company and former President of Global Manufacturing and Corporate Operations at Genzyme Corporation.

“Scott brings significant experience in general management and global manufacturing from two top pharmaceutical companies,” said Timothy Noyes, President and Chief Executive Officer. “His deep expertise in manufacturing late-stage and commercial products will be invaluable as we prepare for the potential commercialization of vonapanitase.”

Mr. Canute spent 25 years at Eli Lilly, ultimately serving as President, Global Manufacturing Operations from 2004 until 2007. In this capacity, he directed all manufacturing and supply chain activities for Lilly’s global operations. Following his distinguished career at Lilly, he served as President of Global Manufacturing and Corporate Operations at Genzyme from 2010 until 2011. In this role, Mr. Canute was the architect and leader of the organizational evolution that resulted in the supply of life-saving products to patients in need. Mr. Canute currently serves as a member of the Board of Directors of Flexion Therapeutics, Inc. (FLXN) and Oncobiologics, Inc.

“I am thrilled to be joining the Proteon Board of Directors at this exciting time for the Company,” remarked Mr. Canute. “I look forward to contributing as Proteon continues its efforts to commercialize vonapanitase, if approved by FDA.”

About Proteon Therapeutics

Proteon Therapeutics is committed to improving the health of patients with kidney and vascular diseases through the development of novel, first-in-class therapeutics. Proteon’s lead product candidate, vonapanitase (formerly PRT-201), is designed to improve arteriovenous fistula (AVF) patency, the period of time during which an AVF remains open with adequate blood flow to enable hemodialysis. Proteon is currently evaluating vonapanitase in a Phase 3 clinical trial in patients with chronic kidney disease (CKD) undergoing surgical creation of a radiocephalic AVF for hemodialysis and a Phase 1 clinical trial in patients with symptomatic peripheral artery disease (PAD).

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Talent4Boards Team

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