March 03, 2015 9:00 AM ET


Company Overview of Celtaxsys, Inc.

Company Overview

Celtaxsys, Inc., a biopharmaceutical company, engages in developing and testing drug compounds for treating cancer, and inflammatory and autoimmune diseases. Its technology manipulates immune cell migration as a treatment for cancer, inflammation, and organ/tissue rejection. The company’s drug compounds are designed to block the protective mechanisms created by certain tumors to prevent attack by immune system cells. It also offers CTX-4430, an oral leukotriene A4 hydrolase inhibitor for the treatment of cystic fibrosis. Celtaxsys, Inc. was founded in 2007 and is based in Atlanta, Georgia.

311 Ferst Drive

Atlanta, GA 30332

United States





Key Executives for Celtaxsys, Inc.

Chief Executive Officer, President and Director
Founder and Chief Financial Officer
Director of Operations
Chairman of Medical Advisory Panel and Chief Medical Officer
Chief Medical Officer
Compensation as of Fiscal Year 2014.

Celtaxsys, Inc. Key Developments

U.S. Food and Drug Administration Grants Orphan Drug Designation to Celtaxsys, Inc.'s Once Daily, Oral Leukotriene A4 Hydrolase Inhibitor

Celtaxsys, Inc. announced that the U.S. Food and Drug Administration has granted orphan drug designation (ODD) to its once daily, oral leukotriene A4 hydrolase inhibitor (CTX-4430) for the treatment of cystic fibrosis (CF). The U.S. orphan designation complements the orphan designation for use of CTX-4430 in the treatment of CF in the European Union granted late last year by the European Medicines Agency. Orphan drug designation is granted by the FDA Office of Orphan Products Development to novel drugs or biologics that treat rare diseases or conditions affecting fewer than 200,000 patients in the US. The designation provides the drug developer with a seven-year period of U.S. marketing exclusivity upon approval, as well as certain financial incentives that can help support its future development.

Celtaxsys Announces Sanjeev Ahuja as Chief Medical Officer

Celtaxsys, Inc. announced the appointment of Sanjeev Ahuja, MD, MBA, FACP as Chief Medical Officer, effective November 1, 2014. Sanjeev most recently Chief Medical Officer at On Target Laboratories.

Celtaxsys, Inc. Appoints Greg Duncan as President and Chief Executive Officer

The Celtaxsys Board of Directors announced that Greg Duncan has been appointed as President and Chief Executive Officer (CEO) and will join the board of directors effective immediately. Mr. Duncan joins the company following his most recent role as an Executive Committee member and President of North America for Brussels based UCB, prior to which he served as a Senior Vice-President at Pfizer where his duties included leading US marketing, as well as President of their Latin America operations. Greg will be based in Atlanta, Georgia. Greg most recently served as an Executive Vice President at UCB, a member of UCB's Executive Committee, and President of North American Operations for UCB, Inc.

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