AmacaThera Welcomes Dr. Eyal S. Ron to Its Board to Propel Strategic Growth
On January 9, 2025, AmacaThera, a pioneering clinical-stage biotechnology firm known for redefining long-acting therapies, announced the appointment of Dr. Eyal S. Ron to its board of directors. With over thirty years of experience as an entrepreneur and strategist in the life sciences sector, Dr. Ron's extensive knowledge is expected to serve as a significant asset in advancing the company’s clinical pipeline and forming global partnerships.
Dr. Ron expressed his excitement about joining the board during this critical juncture for AmacaThera. Having collaborated closely with the management team, he looks forward to playing a more active role as the company progresses into Phase 2 clinical trials for AMT-143, a solution aimed at addressing postoperative pain. Additionally, he is keen to support the development of further innovative therapies based on AmacaThera's proprietary AmacaGel™ platform, a hydrogel technology designed to address substantial challenges in pharmaceutical care across various indications.
Dr. Mike Cooke, CEO of AmacaThera, highlighted Dr. Ron's unique combination of scientific expertise and successful management experience, categorizing him as a vital force for innovation and growth within the organization. Dr. Cooke pointed out that Dr. Ron's remarkable capacity for fostering innovation, forging strategic partnerships, spearheading business development initiatives, and assuming a strong leadership role is crucial to advancing the company's strategic objectives and expediting the development of groundbreaking therapeutics.
The commitment to harnessing the transformative AmacaGel™ platform is evident as AmacaThera endeavors to meet global patient needs. The company focuses on advanced hydrogel formulations that enable a controlled and prolonged release of drugs, addressing intrinsic challenges in therapeutic delivery. Their flagship product, AMT-143, is currently in Stage 2 of clinical trials where it has demonstrated superior pharmacokinetics, showing promise as an alternative to opioid-based treatments for postoperative pain management.
AmacaGel™ is designed to rapidly form a depot in response to body temperature, utilizing a combination of well-established polymers to create a gel that can be administered through a conventional syringe. This technology can play a significant role in enhancing patient outcomes while reducing systemic side effects.
Dr. Eyal S. Ron has a proven track record in driving biotech startups towards successful exits while providing impactful solutions for patients and stakeholders alike. His notable contributions include the development of innovative products involving delayed-release oral formulations and biodegradable implantable products. Over the years, Dr. Ron has guided numerous companies towards success with exits totaling over $1 billion.
With a momentum that is underscored by its reputable investors—such as Lumira Ventures, BDC Capital, StandUp Ventures, MaRS IAF, and Changrong Capital—AmacaThera is poised to leverage Dr. Ron's expertise to further enhance its groundbreaking capabilities in the biotech sector.
For additional details, visit www.amacathera.ca. Media inquiries can be directed to Michael J. Cooke, CEO and Co-Founder, via [email protected]
The addition of Dr. Ron to the board reflects AmacaThera's ongoing commitment to delivering innovative therapeutic solutions that have the potential to improve patient care significantly. As the company progresses through its clinical stages, the team's focus is solidly placed on developing safe and effective therapies that may redefine pain management practices in clinical settings worldwide.