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Amogen Pioneer Newly Onboard with Actinogen Medical

  • Published November 16, 2017 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

KEY TAKEAWAYS:

  • Dr George Morstyn is joining Actinogen Medical as a non-executive director as of December 1, 2017.
  • He brings extensive drug development experience to the role, with many new products receiving marketing approval.
  • Dr Morstyn will work with Actinogen’s high calibre team to guide and optimise the development of XanamemTM.

As announced November 2, 2017, Actinogen Medical (ASX: ACW) proudly welcomes Dr George Morstyn, as a non-executive director on the board, beginning December 1, 2017. Dr Morstyn, a pioneer drug developer and former Amgen Inc. Executive, usher extensive drug development studies to the role with massive new products receiving approval of the market and launching products during his tenureship at Amgen.

Having worked in the 1980’s with the legendary Professor Don Metcalf  “Order of Australia and Companion of the Order, regarded as the father of modern haematology”, at the Walter and Eliza Hall Institute. Dr Morstyn actively assisted establishing and pioneering the clinical development of the haemopoietic colony stimulating factors, the present champion in the standard treatment of patients suffering from cancer after chemotherapy. He worked as esteemed Senior Vice-President of Development and Chief Medical Officer at US biotech tower, Amgen (NASDAQ: AMGM, market capitalisation: US$128 billion), upon joining Amgen in its early formative years in 1991, when the company was a blossoming biotech. At Amgen, he was the key person for the development of medications, treatments across all therapeutic areas, including neuroscience as well.

Dr Morstyn will join with Actinogen’s highly renowned team to lead and optimise the development of XanamemTM for Alzheimer’s disease and various neurodegenerative conditions. Under his strong leadership in the medical arena, he dominated the marketing approval of many new products and subsequent successful commercial launches.

About Actinogen Medical Ltd (ASX: ACW)

Actinogen Medical Limited (ASX:ACW) is an Australian, publicly-listed early clinical-stage biotechnology company focused on the treatment of cognitive impairment and Alzheimer’s disease.

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