August 27, 2014 6:26 PM ET

Pharmaceuticals

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. Celtaxsys, Inc. was founded in 2007 and is based in Atlanta, Georgia.

311 Ferst Drive

Atlanta, GA 30332

United States

Founded in 2007

Phone:

404-920-0702

Fax:

404-920-0701

Key Executives for Celtaxsys, Inc.

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

Celtaxsys, Inc. Key Developments

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.

Celtaxsys, Inc. Initiates First Clinical Trial of Oral CTX-4430 Therapy in Cystic Fibrosis Patients

Celtaxsys, Inc. announced it is now enrolling patients for its first trial of CTX-4430 oral treatment for lung disease in Cystic Fibrosis patients. In this study, the safety and tolerability of CTX-4430 will be assessed at several dose levels when administered orally once-daily for 2 weeks. Additional assessments will include pharmacokinetics and biomarkers, as well as effects on lung function. This first CF study will be conducted at three sites in the U.K. under the oversight of Professor Stuart Elborn, MD, of Queens University, Belfast, and is slated to test four dose levels of oral once-daily CTX-4430 treatment in 36 adult CF patients.

Celtaxsys, Inc. Announces Executive Changes

Celtaxsys, Inc. announced that it has restructured its management and operations to focus on development of its lead clinical stage drug candidate, CTX-4430, for treatment of Cystic Fibrosis (CF) lung disease. As part of the restructuring, Dr. Michael Hanley has retired from his role as CEO and Chairman, and Dr. Brett Premack has stepped down as CTO. Dr. H. Daniel Perez, a member of the Celtaxsys Board and former CEO of Berlex Biosciences and Presidio Pharmaceuticals, is serving as Chairman.

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