October 01, 2016 6:49 AM ET

Pharmaceuticals

Company Overview of PLx Pharma Inc.

Company Overview

PLx Pharma Inc., a specialty pharmaceutical company, focuses on developing oral drugs for cardiovascular disease, as well as pain and inflammation for the prescription and over-the-counter markets in the United States. The company’s products include PL2200 Aspirin 325 mg, a novel formulation of aspirin that uses the PLxGuard delivery system to reduce acute GI side effects while providing antiplatelet effectiveness for cardiovascular disease prevention; and PL2200 Aspirin 81 mg that is in late-stage development. PLx Pharma Inc. was founded in 2002 and is headquartered in Houston, Texas.

8285 El Rio

Suite 130

Houston, TX 77054

United States

Founded in 2002

6 Employees

Phone:

713-842-1249

Fax:

713-842-3052

Key Executives for PLx Pharma Inc.

Chief Executive Officer, President and Director
Age: 56
Executive Chairman
Age: 62
Founder, Senior Advisor and Director
Age: 63
Scientific Founder and Chairman of Scientific Advisory Board
Acting Chief Financial Officer and Director
Age: 54
Compensation as of Fiscal Year 2016.

PLx Pharma Inc. Key Developments

PLx Pharma Inc. Announces Management Changes

PLx Pharma Inc. announced that Natasha Giordano has been appointed as President and Chief Executive Officer, and as a member of the company's Board of Directors, effective January 1, 2016. Ms. Giordano will be replacing Ronald R. Zimmerman, who will remain on the Board of Directors and continue in a role as Founder and Senior Advisor providing support for pre-commercialization activities, regulatory affairs, and business development. Ms. Giordano joins PLx Pharma with over 25 years’ experience as an accomplished and versatile senior leader successfully achieving enterprise-wide strategic and financial goals across industries with a focus on Pharmaceuticals and Healthcare Technologies. Ms. Giordano is proficient in building commercialization plans including developing sales forces, raising capital, and is a skilled turnaround specialist known for her novel risk mitigation approaches. Prior to joining PLx Pharma, Ms. Giordano was President and CEO of Clear Point Learning.

PLx Pharma Mulls Acquisitions

PLx Pharma Inc. is seeking acquisitions. The company intends to use net proceeds from its Initial Public Offer for acquisitions, it said in its filing on stock exchange.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 23, 2016
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