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July 29, 2015 3:58 AM ET

Biotechnology

Company Overview of Envisia Therapeutics Inc.

Company Overview

Envisia Therapeutics Inc. is engaged in the discovery and development of ocular therapeutics for the critical needs in ophthalmology. The company offers ENV515, a prostaglandin analogue that uses a biodegradable PRINT particle formulation to provide sustained intraocular pressure reduction over months. It also provides glaucoma drug therapies that include PRINT particle therapeutics to overcome biologic, chemical, or other barriers that limit existing ocular therapies; therapeutics based on biocompatible polymers for the delivery of medicines with extended-release kinetics; and topical therapies for treating ocular diseases. The company was founded in 2013 and is based in Morrisville, North ...

419 Davis Drive

Suite 100

Morrisville, NC 27560

United States

Founded in 2013

Phone:

919-973-1440

Fax:

919-973-1441

Key Executives for Envisia Therapeutics Inc.

Chief Executive Officer and Director
Age: 53
Co-Founder, President and Chief Scientific Officer
Age: 49
Executive Chairman
Age: 49
Chief Financial Officer
Chief Medical Officer
Compensation as of Fiscal Year 2015.

Envisia Therapeutics Inc. Key Developments

Envisia Therapeutics Names Eric Linsley as Chief Financial Officer

Envisia Therapeutics announced that it has named Eric Linsley as the company’s Chief Financial Officer. Prior to Envisia, Mr. Linsley was a managing partner at Pappas Ventures.

Envisia Therapeutics Appoints Rhett M. Schiffman as Chief Medical Officer and Senior Vice President of Development

Envisia Therapeutics announced that it has named Rhett M. Schiffman M.D., M.S., M.H.S. A as Chief Medical Officer and Senior Vice President of Development. Prior to Envisia, Dr. Schiffman was the Chief Medical Officer at Neurotech Pharmaceuticals where he led the company’s NT-503 program. He brings with him more than 20 years of expertise and achievements in ophthalmology. Prior to Neurotech, Dr. Schiffman was Vice President of Global Drug Development and Therapeutic Area Head of Ophthalmology at Allergan where he was instrumental in the global development and approval of many successful products including Restasis®, Combigan®, Lumigan®, Acuvail®/Acular®, Zymaxid®/Zymar®, as well as Lumigan® and Ganfort® unit dose products.

Envisia Therapeutics Announces Management Changes

Envisia Therapeutics announced that it has named Benjamin Yerxa, PhD as the company’s president, effective immediately. Dr. Yerxa joined Liquidia Technologies in August 2012 and was critical to the company’s formation of Envisia in November 2013 where he has since served in the dual role of chief scientific officer for both companies. Neal Fowler will remain chief executive officer of Liquidia Technologies and serve as a director on the Envisia Board of Directors. Throughout his 25-year career in the pharmaceutical and biotechnology industry, Dr. Yerxa has been involved with the discovery and development of several investigational new drugs (INDs), phase 3 clinical programs, new drug applications (NDAs) and drug approvals. His experience spans a variety of therapeutic areas including ophthalmology, pulmonary, cardiovascular and HIV. Dr. Yerxa has more than 50 U.S. patents to his name, led a variety of licensing deals and has built several R&D and corporate functions from inception. The company also announced the appointment of Gary Phillips, M.D. as executive chairman of the company’s board of directors. Dr. Phillips has been a director of the board since July 2014 and brings more than 20 years of experience in strategy, business development and licensing, commercial operations, business analytics, and clinical medicine in the pharmaceutical and healthcare industries. He is currently the senior vice president and chief strategy officer at Mallinckrodt Pharmaceuticals.

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