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August 29, 2015 4:48 AM ET


Company Overview of Neurotech Pharmaceuticals, Inc.

Company Overview

Neurotech Pharmaceuticals, Inc., a biotechnology company, engages in the development of transformative therapies for chronic eye diseases. Its products are based on encapsulated cell therapy (ECT), which is a genetically engineered ocular implant that enables continuous production of therapeutic proteins to the eye for a period of two years. The company offers NT-503 ECT, which is intended for use in the treatment of neo-vascular age-related macular degeneration; NT-506 ECT, which delivers anti-platelet-derived and anti-vascular endothelial growth factor proteins in a single implant; and NT-501 ECT, which is intended for use in treatment of retinal degenerative diseases. Neurotech Pharmaceut...

900 Highland Corporate Drive

Building 1

Suite 101

Cumberland, RI 02864

United States

Founded in 1995





Key Executives for Neurotech Pharmaceuticals, Inc.

Chief Executive Officer, President and Director
Age: 64
Executive Chairman
Age: 58
Chief Financial Officer and Vice President
Age: 60
Chief Medical Officer
Age: 64
Vice President of Core Technology Development
Compensation as of Fiscal Year 2015.

Neurotech Pharmaceuticals, Inc. Key Developments

Neurotech Pharmaceuticals, Inc. Announces FDA Acceptance of Investigational New Drug Application and Clinical Trial Initiation of Novel Therapy for Wet Amd

Neurotech Pharmaceuticals, Inc. accepted and communicated Neurotech's ability to proceed with it's Investigational New Drug (IND) application to conduct a Phase 2 clinical study of NT-503 Encapsulated Cell Therapy (ECT) for the treatment of recurrent subfoveal choroidal neovascularization secondary to age related macular degeneration (wet AMD). The Phase 2, randomized, active-controlled, masked study will commence immediately and enroll 150 patients. The safety and efficacy of one NT-503 ECT implant will be compared to aflibercept intravitreal injections every 8 weeks in patients who have been treated with at least 3 anti-VEGF injections and still have active disease. Patients will be followed for 2 years with a 12-month interim assessment.

Neurotech Pharmaceuticals, Inc. Appoints Charles A Johnson, MD, as Chief Medical Officer

Neurotech Pharmaceuticals, Inc. announced that Charles A Johnson, MD, has assumed the role of Chief Medical Officer. Dr. Johnson is an accomplished physician and pharmaceutical executive with over four decades of experience in clinical practice and the biotech sector. Dr. Johnson was most recently the Vice President of Global Medical Affairs at Vertex.

Neurotech Pharmaceuticals, Inc. Announces New Appointments

Neurotech Pharmaceuticals, Inc. announced that renowned ophthalmology experts Eugene de Juan, Jr., M.D., and Lester Kaplan, Ph.D., have joined the company's board of directors. In addition, former Allergan Vice President and Therapeutic Area Head for ophthalmology, Rhett Schiffman, M.D., M.S., M.H.SA. has joined the company as its Chief Medical Officer. Along with the Neurotech team, Drs. de Juan and Kaplan will help advance the company's technology platform through the clinical development stage toward market availability. As CMO, Dr. Schiffman will lead the overall clinical development strategy as well as the design and execution of the various clinical programs at Neurotech. Eugene de Juan is a retinal surgeon, inventor and entrepreneur. He serves as Vice-Chairman of ForSight Labs. Lester Kaplan was Executive Vice President and President, Research & Development, and a board member of Allergan, Inc. Rhett Schiffman was most recently Vice President of Global Drug Development and Therapeutic Area Head of Ophthalmology at Allergan.

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