Veteran Pharma Executive Ashish Patel, PhD, Joins Nanoscope as New Senior Vice President
Nanoscope Therapeutics Inc., a leading player in the biotech industry focused on developing innovative therapies for vision restoration, has announced the appointment of Ashish Patel, PhD, as its new Senior Vice President of Sales and Marketing. Dr. Patel brings with him extensive expertise and experience in the pharmaceutical sector, having held significant roles in multiple organizations, including notable startups known for their contributions to biotechnology and pharmaceuticals.
Dr. Patel's impressive background spans a wealth of experience in both scientific and commercial dimensions. As a former Vice President of Sales at Iveric Bio, which is now part of Astellas, he played a key role in the launch of IZERVAY™, a therapy designed to address geographic atrophy. His innovative marketing approach and keen understanding of customer needs have set benchmarks in the industry, proving that he is well-suited for his new role at Nanoscope.
Before joining Iveric, Patel led critical marketing strategies at Novartis for BEOVU®, a medication for chronic eye conditions, gaining a reputation for his efficacy in launching substantial medical products. His tenure at Bayer also showcases a decade of his contributions where he successfully managed various brand, sales, and research initiatives. Notably, he excelled as the global launch lead for EYLEA®, which is considered one of Bayer's fastest-growing retina treatments. His career commenced at Novartis, where he worked as a senior research and development scientist, setting a strong foundation for his future endeavors.
With a PhD in physiology and biophysics from Stony Brook University and an MBA from New York University's Stern School of Business, Dr. Patel's educational background complements his professional journey. He also honed his research skills as a graduate fellow in molecular biology at the Massachusetts Institute of Technology, ultimately receiving his Bachelor of Science degree in biophysics from the University of Southern California.
As Dr. Patel joins the highly-driven team at Nanoscope Therapeutics, he expresses enthusiasm for the innovative work being done at the company. "Nanoscope is on the brink of delivering groundbreaking, mutation-independent therapies to the many patients facing critical challenges associated with retinal degenerative diseases," he stated. Patel's excitement underscores his commitment to not just enhance the commercialization of these new therapies but also to ensure they reach the patients who currently have no treatment options.
The company aims to transform the landscape for patients suffering from diseases like retinitis pigmentosa, for which conventional therapies are inadequate. Following successful results from the RESTORE Phase 2b trial, Nanoscope plans to advance their promising optogenetic therapy, MCO-010, toward a BLA submission in H1 2025. Patel’s leadership is anticipated to propel the marketing strategies and sales initiatives essential for these efforts.
With Dr. Patel at the helm of sales and marketing, Nanoscope is poised for significant advancements, ensuring that the innovative therapies developed can reach those patients in dire need of effective treatments. As the company steps closer to revolutionizing care for retinal degenerative disease sufferers, Dr. Patel's strategic thinking and management skills will be vital in catalyzing growth and building a strong market presence for their groundbreaking therapies.
In summary, the appointment of Ashish Patel as Senior Vice President at Nanoscope Therapeutics not only reflects the company's commitment to fostering leadership with robust industry experience but also its resolve to address the unmet medical needs facing patients worldwide suffering from vision loss. As they prepare to roll out critical new therapies, Patel's role will be integral in navigating this challenging yet promising landscape.