March 26, 2024

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Business is my step

EOM Pharmaceuticals Appoints Business enterprise Veteran Wayne I. Danson as Chief Fiscal Officer and Treasurer

4 min read

MONTVALE, N.J.–(Organization WIRE)–EOM Prescribed drugs, a privately held, medical-stage corporation, introduced currently the appointment of small business veteran Wayne I. Danson, CPA, as Main Money Officer and Treasurer. Mr. Danson will be responsible for major the Company’s economic operations which include monetary arranging and analysis, funds marketplaces, trader relations, accounting, tax and treasury.

Mr. Danson has in excess of 35 a long time of practical experience in economic management and management. He was most recently President and Main Government Officer of Danson Companions, LLC, a money advisory and organization consulting business, specializing in finance, mergers and acquisitions (M&A), company method, interim CEO/CFO and turnaround consulting as properly as tax expert services, which he started in 1999.

Prior to that he was a Spouse in significant multinational accounting corporations and a previous Main Government Officer and Board Member of one of the most significant reverse logistics companies in the state. He co-founded JDAP Cash Advisors, LLC a personal investment decision administration organization and started Encompass Group Affiliate marketers, Inc., a publicly traded logistics business that as President, CEO and Chairman of the Board, he grew the organization to above $100 million in profits. Mr. Danson also at present serves as the Chairman of the Board of The Baby Foundation, a nationwide charitable organization focused to building cures for all sorts of children’s interstitial and subtle lung diseases. Mr. Danson joins an completed executive crew with a deep legacy in many therapeutic places as properly as small business good results, together with:

  • Irach Taraporewala, Ph.D.: EOM Main Government Officer and Director, has multiple accomplishments in drug discovery, advancement and delivery, formulation, health-related equipment, radiopharmaceutical and DNA diagnostics, and regulatory affairs. His R&D contributions span numerous therapeutic parts, like ophthalmology, cancer, irritation, immunology, endocrine, CNS, infectious disorder, malaria and cachexia. Dr. Taraporewala also was the founder, CEO, President, and Board member of OHR Prescription drugs, Inc. (NASDAQ-OHRP).
  • Eli Goldberger: EOM’s Founder, Chairman and Main Operating Officer, a thriving entrepreneur, focusing on advancing innovations in pharmaceuticals, women’s overall health, and strength.
  • Shalom Z. Hirschman, M.D.: EOM Co-Founder, Main Scientific Officer and Professional medical Director, served for over 30 several years as the Director of Infectious Diseases and Vice Chairman of the Mount Sinai College of Drugs, was a founder of Touro University and the first to acknowledge HIV/AIDS. Dr. Hirschman also served as CEO, President, and Main Scientific Officer of Highly developed Viral Investigation Corp.

Wayne provides a prosperity of money working experience and government management to EOM as we put together to safe further funding to further commit in medical trial improvement for our guide compounds, EOM613 and EOM147, both of which have currently been in Phase 2 scientific trials and have shown improved relevant medical steps and tolerability,” explained Dr. Taraporewala, EOM Main Executive Officer and Director. “We are fortunate to have somebody of Wayne’s caliber be a part of our management workforce and I’m delighted to have him direct our financial strategy and endeavours at this important time for our increasing enterprise.”

I am thrilled to sign up for the seasoned and achieved crew at EOM as we embark on creating our ground breaking therapeutic suite of goods developed to make improvements to the wellness and wellbeing of people,” stated Mr. Danson.

About EOM613

EOM613 is an investigational, initially-in-class, twin-acting, broad-spectrum immunomodulator designed to give the two an anti-inflammatory effect at the web site of cytokine and chemokine overactivity, and a pro-inflammatory impact, when essential. By re-creating equilibrium, EOM613 could rescue, mend, and restore an immune program that has been confronted by an invading antigen, pathogen, or virus. This twin-acting, wide-spectrum solution might overcome a crucial limitation of regular immunomodulators. EOM613 has presently shown scientific enhancements in different condition states, and immune-connected biomarkers and normal tolerability throughout 5 Phase 2 medical trials in individuals with cachexia related with AIDS and cancer, and in clients with rheumatoid arthritis. EOM613 is successfully manufactured from commonly available materials. Medical trials are at this time staying planned to review EOM613 to handle people with the most critical results of COVID-19 and for people with most cancers cachexia, a chemokine-associated human body-wasting syndrome.

About EOM147

EOM147 is being created as a proprietary, recently reformulated squalamine-primarily based eye drop, containing a steroid-polyamine conjugate compound with wide-spectrum antimicrobial exercise and anti-angiogenic activity. Extra clinical trials in India and Mexico are prepared to evaluate EOM147 in the treatment method of various retinal conditions that can lead to blindness, together with age-linked macular degeneration (AMD) and diabetic retinopathies. The novel formulation represents a potential breakthrough because it does not demand intraocular injection into the eye and, if permitted, would be the very first topically administered eye fall to handle retinal illnesses.

About EOM Prescription drugs

EOM Prescribed drugs is a privately held, medical-stage pharmaceutical business with a pipeline of items that have presently revealed clinical relevance in several Stage 2 scientific trials. The Company’s mission is to go after innovative techniques with novel types of tiny molecule therapeutics to remedy the difficulties of some of today’s most urgent and unmet medical requires. EOM’s pipeline is designed on proprietary innovations created to rescue, fix, and restore health. These improvements consist of the progress of the very first-and-only twin-acting, wide-spectrum immunomodulator EOM613, which has the possible to treat systemic illness due to an intense inflammatory immune reaction, including COVID-19, influenza, and most cancers cachexia, and its highly developed formulation of EOM147, the very first opportunity topically administered eye fall to handle retinal illnesses. Multiple Stage 2 trials counsel EOM613 and EOM147 have improved suitable clinical steps and are very well tolerated.

For additional information about EOM Pharmaceuticals, you should check out www.eompharma.com.

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