Business News
Jim Miller, Ph.D. Joins Insmed Therapeutic Proteins as Vice President of Process Development
2008-07-28 07:00:00
Jim Miller, Ph.D. Joins Insmed Therapeutic Proteins as Vice President of Process Development
Dr. Miller's Work Will Concentrate on the Continued Development of Insmed's
Follow-On Biologics Product Portfolio
RICHMOND, Va., July 28 /EMWNews/ -- Insmed Inc. (Nasdaq:
INSM), a developer of follow-on biologics and biopharmaceuticals, today
announced that Jim Miller, Ph.D. has joined Insmed's management team as
Vice President of Process Development. Dr. Miller will play an important
role in the development of Insmed Therapeutic Proteins' emerging portfolio
of follow-on biologics.
Dr. Miller, 56, brings over 25 years of experience in biopharmaceutical
product research and preclinical development to his new position. Prior to
joining Insmed, he served as Executive Vice President of Product
Development at Saronyx, Inc., a private life sciences company that he also
co-founded. Dr. Miller earlier held senior development, operations and
research positions at both Reneneron Pharmaceuticals, Inc., and Amgen. His
strategic and management expertise, which center around the
biopharmaceutical development process, includes team management, research
design and implementation, strategic planning, product development, and
product marketing.
Dr. Miller received his Ph.D. in Chemistry from the California
Institute of Technology and performed his Postdoctoral work at Yale
University School of Medicine. He has been published on numerous occasions
in well-respected scientific periodicals, including The Journal of
Neuroscience, The Archive of Biochemistry and Biophysics and The Journal of
Molecular Biology.
Doug Farrar, Senior Vice President, Manufacturing Operations for Insmed
commented, "We are excited to have Jim join our experienced team. His
background is well suited to further accelerate progress on our follow-on
biologics portfolio as we reach a critical stage in the development process
of these product candidates."
Dr. Miller commented, "I am pleased to be joining the Insmed team,
which has consistently demonstrated its advanced knowledge of biologics
development, manufacturing capability and its skilled scientific and
technical workforce. I am excited to be a part of the first U.S.-based
biotechnology company to develop a comprehensive portfolio of follow-on
biologics and look forward to working with the team to continue advancing
these product candidates as rapidly as possible through the development
process."
About Insmed
Insmed Inc. is a biopharmaceutical company with unique protein process
development and manufacturing experience and a proprietary protein platform
aimed at niche markets with unmet medical needs. For more information,
please visit http://www.insmed.com.
Forward-Looking Statements
This release contains forward-looking statements which are made
pursuant to provisions of Section 21E of the Securities Exchange Act of
1934. Investors are cautioned that such statements in this release,
including statements relating to planned clinical study design, regulatory
and business strategies, strategic alternatives, plans and objectives of
management and growth opportunities for existing or proposed products,
constitute forward-looking statements which involve risks and uncertainties
that could cause actual results to differ materially from those anticipated
by the forward-looking statements. The risks and uncertainties include,
without limitation, risks that strategic alternatives may never be
consummated, product candidates may fail in the clinic or may not be
successfully marketed or manufactured, we may lack financial resources to
complete development of product candidates, the FDA may interpret the
results of studies differently than us, competing products may be more
successful, demand for new pharmaceutical products may decrease, the
biopharmaceutical industry may experience negative market trends, our
entrance into the follow-on biologics market may be unsuccessful, our
common stock could be delisted from The NASDAQ Capital Market and other
risks and challenges detailed in the Company's filings with the U.S.
Securities and Exchange Commission, including the Company's Annual Report
on Form 10-K for the year ended December 31, 2007. Readers are cautioned
not to place undue reliance on any forward-looking statements which speak
only as of the date of this release. The Company undertakes no obligation
to publicly release the results of any revisions to these forward-looking
statements that may be made to reflect events or circumstances that occur
after the date of this release or to reflect the occurrence of
unanticipated events.
Investor Relations Contact:
Brian Ritchie - FD
212-850-5683
[email protected]
Corporate Communications Contact:
John Procter - Gibraltar Associates
202-879-5808
[email protected]
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