AmpliPhi Biosciences appoints Philip J. Young as President and CEO
AmpliPhi Biosciences Corporation has announced the appointment of Philip J. Young as President and Chief Executive Officer (CEO).
Mr. Young, who is based in the US, is a long time executive in the biopharmaceuticals industry. He is the former president and CEO of Osteologix Inc., a global biopharmaceutical company, which is currently based in Ireland. He joined Osteologix in May 2007 and led the multinational company’s efforts to develop a novel therapy for osteoporosis which resulted in a global licensing deal with Servier Laboratories, a private French Pharmaceutical company. He remains on the Board of Directors of Osteologix Holdings Ltd.
Prior to joining Osteologix, Mr. Young held a number of senior executive positions with publicly traded biotechnology companies. From 2004-2007 he was with Insmed Inc., where he served as executive vice president and chief business officer. While at Insmed, Mr. Young led the successful launch and commercialization of a novel biologic growth hormone therapy and assisted the company in raising over $100 million to further the company objectives and expand the drug’s research pipeline to other diseases. Previously, Mr. Young served as president and chief operating officer at several biotechnology companies in the San Francisco Bay area. While serving as a Vice President at Neurex Pharmaceuticals, Mr. Young was a key member of the negotiating team that successfully sold Neurex to Elan for over $700 million.
Edward Cappabianca, the former CEO of AmpliPhi, has left the Company and the Board of Directors to pursue other business interests. The Board wishes to thank him for his time and contribution to the Company.
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