Antibe Therapeutics Inc (TSE:ATE) (OTCQB:ATBPF) (FRA:4B70) is bolstering its advisory team with the appointment of biotech executive Dr Don Haut to its Partnering Advisory Team.
Haut recently served as the chief business officer of AskBio, a clinical-stage developer of gene therapies and technologies. During his tenure at the company, Haut played a key role in pharmaceutical giant Bayer AG’s $4 billion acquisition of AskBio.
Haut earned his PhD in molecular biology from the Medical School at the University of Missouri-Columbia and an MBA from Washington University’s Olin School of Business.
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“I am delighted to welcome another superstar to our Partnering Advisory Team,” said Dan Legault, Antibe’s CEO in a statement. “Don’s broad background and tremendous recent success will add new depth to our business development capability as our partnering activities accelerate in 2021.”
Haut told shareholders that Antibe’s platform “promises a major advance” in the treatment of pain and inflammation-based disease.
“This area is overdue for disruption and represents a massive commercial opportunity,” Haut said. “I’m excited to put my shoulder to the wheel to help Antibe fully capture the value of its pipeline as it enters late-stage development.”
Toronto-based Antibe is developing a platform of unique drugs designed to prevent serious gastrointestinal damage and bleeding caused using non-steroidal anti-inflammatory drugs known as NSAIDs, which are currently the primary therapy for pain relief.
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