EOM Prescription drugs Appoints Enterprise Veteran Wayne I. Danson as Main Fiscal Officer and Treasurer

MONTVALE, N.J.–(Business enterprise WIRE)–Dec 17, 2020–

EOM Prescribed drugs, a privately held, clinical-stage business, declared right now the appointment of business enterprise veteran Wayne I. Danson, CPA, as Main Economical Officer and Treasurer. Mr. Danson will be dependable for main the Company’s fiscal functions which include economical planning and assessment, capital marketplaces, investor relations, accounting, tax and treasury.

Mr. Danson has more than 35 many years of working experience in economic management and management. He was most a short while ago President and Chief Govt Officer of Danson Partners, LLC, a economic advisory and business enterprise consulting firm, specializing in finance, mergers and acquisitions (M&A), small business approach, interim CEO/CFO and turnaround consulting as well as tax providers, which he started in 1999.

Prior to that he was a Associate in massive multinational accounting companies and a former Main Government Officer and Board Member of 1 of the largest reverse logistics businesses in the state. He co-launched JDAP Money Advisors, LLC a non-public financial investment management organization and started Encompass Team Affiliates, Inc., a publicly traded logistics firm that as President, CEO and Chairman of the Board, he grew the business to about $100 million in sales. Mr. Danson also currently serves as the Chairman of the Board of The Kid Foundation, a countrywide charitable organization focused to building cures for all kinds of children’s interstitial and subtle lung disorders. Mr. Danson joins an achieved govt team with a deep legacy in a number of therapeutic regions as very well as small business results, like:

  • Irach Taraporewala, Ph.D.:
    EOM Chief Executive Officer and Director, has several accomplishments in drug discovery, advancement and shipping, formulation, professional medical equipment, radiopharmaceutical and DNA diagnostics, and regulatory affairs. His R&D contributions span many therapeutic locations, such as ophthalmology, cancer, irritation, immunology, endocrine, CNS, infectious sickness, malaria and cachexia. Dr. Taraporewala also was the founder, CEO, President, and Board member of OHR Prescription drugs, Inc. (NASDAQ-OHRP).
  • Eli Goldberger: EOM’s Founder, Chairman and Main Functioning Officer, a thriving entrepreneur, concentrating on advancing improvements in pharmaceuticals, women’s health and fitness, and power.
  • Shalom Z. Hirschman, M.D.: EOM Co-Founder, Main Scientific Officer and Professional medical Director, served for about 30 years as the Director of Infectious Disorders and Vice Chairman of the Mount Sinai College of Medicine, was a founder of Touro College and the very first to realize HIV/AIDS. Dr. Hirschman also served as CEO, President, and Main Scientific Officer of Highly developed Viral Research Corp.

“Wayne delivers a wealth of fiscal practical experience and executive management to EOM as we get ready to secure more funding to further make investments in medical demo enhancement for our direct compounds, EOM613 and EOM147, both equally of which have now been in Section 2 medical trials and have shown enhanced pertinent scientific steps and tolerability,” reported Dr. Taraporewala, EOM Main Government Officer and Director. “We are fortunate to have an individual of Wayne’s caliber be a part of our leadership team and I’m delighted to have him direct our economic technique and endeavours at this important time for our rising business.”

“I am enthusiastic to join the skilled and attained staff at EOM as we embark on building our modern therapeutic suite of items made to strengthen the health and wellbeing of people,” explained Mr. Danson.

About EOM613

EOM613 is an investigational, very first-in-class, dual-acting, broad-spectrum immunomodulator intended to give each an anti-inflammatory effect at the web-site of cytokine and chemokine overactivity, and a professional-inflammatory influence, when desired. By re-developing stability, EOM613 could rescue, maintenance, and restore an immune process that has been confronted by an invading antigen, pathogen, or virus. This dual-performing, broad-spectrum strategy may perhaps get over a essential limitation of conventional immunomodulators. EOM613 has now shown scientific advancements in various ailment states, and immune-connected biomarkers and common tolerability across 5 Section 2 clinical trials in sufferers with cachexia related with AIDS and most cancers, and in clients with rheumatoid arthritis. EOM613 is competently manufactured from conveniently offered supplies. Medical trials are presently becoming prepared to research EOM613 to deal with sufferers with the most significant outcomes of COVID-19 and for people with most cancers cachexia, a chemokine-linked entire body-squandering syndrome.

About EOM147

EOM147 is currently being developed as a proprietary, freshly reformulated squalamine-based eye drop, that contains a steroid-polyamine conjugate compound with wide-spectrum antimicrobial action and anti-angiogenic exercise. Added clinical trials in India and Mexico are planned to assess EOM147 in the therapy of quite a few retinal conditions that can direct to blindness, including age-similar macular degeneration (AMD) and diabetic retinopathies. The novel formulation represents a likely breakthrough mainly because it does not have to have intraocular injection into the eye and, if approved, would be the first topically administered eye fall to address retinal health conditions.

About EOM Prescription drugs

EOM Prescribed drugs is a privately held, medical-stage pharmaceutical enterprise with a pipeline of products that have presently revealed scientific relevance in a number of Period 2 scientific trials. The Company’s mission is to go after revolutionary approaches with novel forms of smaller molecule therapeutics to remedy the challenges of some of today’s most urgent and unmet health care demands. EOM’s pipeline is created on proprietary innovations built to rescue, mend, and restore health and fitness. These innovations contain the advancement of the to start with-and-only twin-performing, wide-spectrum immunomodulator EOM613, which has the opportunity to handle systemic health issues thanks to an extreme inflammatory immune reaction, like COVID-19, influenza, and cancer cachexia, and its sophisticated formulation of EOM147, the first opportunity topically administered eye drop to handle retinal diseases. A number of Phase 2 trials recommend EOM613 and EOM147 have improved relevant medical actions and are effectively tolerated.

For additional data about EOM Prescribed drugs, make sure you stop by www.eompharma.com.

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Call: Investor RELATIONS:

Eli Goldberger

EOM Prescription drugs

elig@eompharma.com

201.351.0605, ext. 2MEDIA:

Dawn Maniglia

TogoRun

d.maniglia@togorun.com

917.862.5444

Keyword: UNITED STATES NORTH The us NEW JERSEY

Business Key phrase: INFECTIOUS Conditions Diabetes Medical TRIALS OTHER Health and fitness BIOTECHNOLOGY AIDS General Wellbeing PHARMACEUTICAL Health and fitness ONCOLOGY

Source: EOM Pharmaceuticals

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PUB: 12/17/2020 02:50 PM/DISC: 12/17/2020 02:50 PM

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