September 26, 2023

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Business is my step

EOM Prescription drugs Appoints Company Veteran Wayne I. Danson as Main Economical Officer and Treasurer

4 min read

EOM Prescribed drugs, a privately held, medical-phase organization, announced today the appointment of enterprise veteran Wayne I. Danson, CPA, as Main Economical Officer and Treasurer. Mr. Danson will be accountable for primary the Firm’s monetary operations together with monetary arranging and investigation, cash markets, trader relations, accounting, tax and treasury.

Mr. Danson has around 35 several years of expertise in fiscal management and management. He was most recently President and Main Govt Officer of Danson Associates, LLC, a economical advisory and enterprise consulting agency, specializing in finance, mergers and acquisitions (M&A), enterprise tactic, interim CEO/CFO and turnaround consulting as perfectly as tax expert services, which he started in 1999.

Prior to that he was a Husband or wife in substantial multinational accounting corporations and a former Main Govt Officer and Board Member of one of the major reverse logistics corporations in the nation. He co-founded JDAP Capital Advisors, LLC a personal investment management business and established Encompass Group Affiliate marketers, Inc., a publicly traded logistics group that as President, CEO and Chairman of the Board, he grew the small business to in excess of $100 million in income. Mr. Danson also presently serves as the Chairman of the Board of The Kid Basis, a countrywide charitable organization devoted to creating cures for all varieties of kid’s interstitial and diffused lung health conditions. Mr. Danson joins an accomplished govt workforce with a deep legacy in numerous therapeutic locations as effectively as company achievements, like:

  • Irach Taraporewala, Ph.D.: EOM Main Government Officer and Director, has several accomplishments in drug discovery, improvement and supply, formulation, healthcare devices, radiopharmaceutical and DNA diagnostics, and regulatory affairs. His R&D contributions span numerous therapeutic regions, like ophthalmology, cancer, swelling, immunology, endocrine, CNS, infectious disease, malaria and cachexia. Dr. Taraporewala also was the founder, CEO, President, and Board member of OHR Prescribed drugs, Inc. (NASDAQ-OHRP).
  • Eli Goldberger: EOM’s Founder, Chairman and Main Functioning Officer, a successful entrepreneur, focusing on advancing improvements in pharmaceuticals, women’s wellbeing, and strength.
  • Shalom Z. Hirschman, M.D.: EOM Co-Founder, Main Scientific Officer and Health care Director, served for over 30 years as the Director of Infectious Health conditions and Vice Chairman of the Mount Sinai Faculty of Drugs, was a founder of Touro College or university and the very first to recognize HIV/AIDS. Dr. Hirschman also served as CEO, President, and Main Scientific Officer of Sophisticated Viral Investigation Corp.

“Wayne brings a wealth of monetary knowledge and government leadership to EOM as we prepare to protected added funding to further more invest in scientific demo development for our direct compounds, EOM613 and EOM147, equally of which have previously been in Stage 2 clinical trials and have demonstrated improved related clinical actions and tolerability,” claimed Dr. Taraporewala, EOM Chief Executive Officer and Director. “We are fortunate to have another person of Wayne’s caliber be part of our management workforce and I’m delighted to have him guide our monetary strategy and attempts at this essential time for our expanding organization.”

“I am enthusiastic to sign up for the seasoned and attained staff at EOM as we embark on producing our ground breaking therapeutic suite of goods built to strengthen the health and wellbeing of individuals,” said Mr. Danson.

About EOM613

EOM613 is an investigational, very first-in-course, twin-performing, broad-spectrum immunomodulator designed to offer both of those an anti-inflammatory influence at the web page of cytokine and chemokine overactivity, and a professional-inflammatory effect, when needed. By re-setting up stability, EOM613 may possibly rescue, fix, and restore an immune program that has been confronted by an invading antigen, pathogen, or virus. This twin-performing, broad-spectrum method may get over a essential limitation of typical immunomodulators. EOM613 has already demonstrated scientific improvements in many disorder states, and immune-relevant biomarkers and basic tolerability across five Section 2 clinical trials in sufferers with cachexia linked with AIDS and most cancers, and in individuals with rheumatoid arthritis. EOM613 is successfully manufactured from conveniently offered supplies. Clinical trials are presently becoming planned to examine EOM613 to address individuals with the most serious effects of COVID-19 and for individuals with cancer cachexia, a chemokine-relevant entire body-wasting syndrome.

About EOM147

EOM147 is currently being produced as a proprietary, freshly reformulated squalamine-dependent eye drop, that contains a steroid-polyamine conjugate compound with broad-spectrum antimicrobial activity and anti-angiogenic activity. Supplemental scientific trials in India and Mexico are planned to appraise EOM147 in the cure of a number of retinal ailments that can direct to blindness, such as age-associated macular degeneration (AMD) and diabetic retinopathies. The novel formulation represents a prospective breakthrough for the reason that it does not demand intraocular injection into the eye and, if authorized, would be the initially topically administered eye drop to treat retinal ailments.

About EOM Prescription drugs

EOM Prescription drugs is a privately held, medical-stage pharmaceutical enterprise with a pipeline of merchandise that have now demonstrated medical relevance in numerous Section 2 clinical trials. The Company’s mission is to pursue innovative approaches with novel varieties of little molecule therapeutics to clear up the challenges of some of present day most urgent and unmet clinical needs. EOM’s pipeline is crafted on proprietary innovations developed to rescue, mend, and restore health and fitness. These improvements contain the advancement of the to start with-and-only twin-performing, wide-spectrum immunomodulator EOM613, which has the possible to deal with systemic disease thanks to an rigorous inflammatory immune response, together with COVID-19, influenza, and cancer cachexia, and its sophisticated formulation of EOM147, the to start with potential topically administered eye drop to address retinal illnesses. Various Period 2 trials recommend EOM613 and EOM147 have enhanced relevant scientific actions and are nicely tolerated.

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