Aquestive Therapeutics Strengthens Board of Directors with Experienced Biotech Executive
01 April 2024 - 2:00PM
Aquestive Therapeutics, Inc. (NASDAQ: AQST) (“Aquestive” or the
“Company”), a pharmaceutical company advancing medicines to bring
meaningful improvement to patients' lives through innovative
science and delivery technologies, today announced the appointment
of Abigail Jenkins to the Company’s Board of Directors, effective
April 1, 2024. Ms. Jenkins has two decades of leadership in large
and small biotech and pharmaceutical companies, with a focus on
commercial launch and corporate strategy roles.
“I am very pleased to welcome Abbey to the
Aquestive Board of Directors. Her two decades of experience in the
commercialization of pharmaceutical products, as well as her
general management and leadership experience in the
biopharmaceutical industry, will make her a vital asset to the
Company, especially as we continue to develop our first and only
orally administered epinephrine product candidate, Anaphylm™,” said
Dan Barber, President and Chief Executive Officer of Aquestive.
“The appointment of Abbey is one of our first steps in
re-establishing our commercial capabilities.”
Aquestive’s Board of Directors will now be
comprised of eight directors, seven of whom are independent
directors.
“We are delighted to welcome Abbey to the Board
of Directors,” said Santo J. Costa, Chairman of the Board of
Aquestive. “Abbey is a highly skilled and experienced leader who
will significantly contribute to the Board of Directors carrying
out its mandate. Her experience with innovative drug delivery
systems and the launches of novel therapeutics will be extremely
valuable to the Company as it moves forward.”
Ms. Jenkins said, “I am pleased to be joining
the Aquestive Board of Directors during these exciting times. I see
great promise in Aquestive’s innovative delivery technologies,
including Anaphylm which has the potential to transform the
treatment of anaphylaxis.”
About Abigail JenkinsAbigail
“Abbey” L. Jenkins, M.S., is President and Chief Executive Officer
of Gamida Cell Ltd. (NASDAQ: GMDA), a pioneer in cell therapies,
and a member of the company’s Board of Directors. Ms. Jenkins
brings more than 20 years of leadership experience in the
biopharmaceutical industry delivering life-enhancing therapies from
research to commercialization for patients in need. Prior to
joining Gamida Cell, Ms. Jenkins served as the chief commercial and
business officer at Lyndra Therapeutics, Inc., a clinical-stage
biopharmaceutical company, where she established and led global
commercial, business development, corporate strategy and portfolio
management across multiple therapeutic areas. Prior to Lyndra
Therapeutics, Ms. Jenkins served as senior vice president and
business unit head of vaccines at Emergent BioSolutions, Inc.
(NYSE: EBS) where she oversaw the company’s largest therapeutic
division from discovery through commercialization. Ms. Jenkins also
served as chief commercial officer and U.S. business head at
Aquinox Pharmaceuticals, Inc. Additionally, Ms. Jenkins has held
senior commercial and business development positions at Relypsa,
Inc., Actavis (now Teva Pharmaceuticals Ltd.), Pfizer and
Medimmune, LLC (now AstraZeneca).
Ms. Jenkins holds a Master of Science in
biotechnology and biotech business enterprise from The Johns
Hopkins University, a Bachelor of Arts in psychology and biology
from Indiana University, and a certificate of achievement in
General Management as a Kellogg Executive Scholar. Ms. Jenkins was
recognized in 2022 as one of the PharmaVoice 100, one of the
industry’s 100 Most Inspiring Leaders, Disrupter Category, for
change agents who define excellence in leadership in biopharma.
About AquestiveAquestive
Therapeutics, Inc. (NASDAQ: AQST) is a pharmaceutical company
advancing medicines to bring meaningful improvement to patients'
lives through innovative science and delivery technologies. The
Company is developing pharmaceutical products to deliver complex
molecules, through administrations that are alternatives to
invasive and inconvenient standard of care therapies. Aquestive has
five commercialized products marketed by its licensees in the U.S.
and around the world and is the exclusive manufacturer of these
licensed products. The Company also collaborates with
pharmaceutical companies to bring new molecules to market using
proprietary, best-in-class technologies, like PharmFilm®, and has
proven drug development and commercialization capabilities.
Aquestive is advancing a late-stage proprietary product pipeline
focused on treating diseases of the central nervous system and an
earlier stage pipeline for the treatment of severe allergic
reactions, including anaphylaxis. For more information, visit
Aquestive.com and follow us on LinkedIn.
Forward-Looking
Statement Certain statements in this press release
include “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. Words such as
“believe,” “anticipate,” “plan,” “expect,” “estimate,” “intend,”
“may,” “will,” or the negative of those terms, and similar
expressions, are intended to identify forward-looking statements.
These forward-looking statements include, but are not limited to,
statements regarding the advancement and related timing of
Anaphylm™ (epinephrine) Sublingual Film for the treatment of severe
allergic reactions, including anaphylaxis, through clinical
development and regulatory approval by the U.S. Food and Drug
Administration, the potential benefits Anaphylm could bring to
patients, and other statements that are not historical facts. These
forward-looking statements are based on our current expectations
and beliefs and are subject to a number of important, factors,
risks and uncertainties that may cause actual events or results to
differ materially from current expectations and beliefs, including,
but not limited to, risks associated with the Company’s development
work, including any delays or changes to the timing, cost and
success of our product development activities and clinical trials
for Anaphylm and other risks and uncertainties affecting the
Company described in the section entitled “Risk Factors” and in
other sections included in Aquestive’s Annual Report on Form 10-K
for the year ended December 31, 2023 filed with the U.S. Securities
and Exchange Commission (SEC), as well as discussions of potential
risks, uncertainties, and other important factors in any subsequent
reports filed with the SEC. These documents contain and identify
important factors that could cause the actual results for Aquestive
to differ materially from those contained in Aquestive’s
forward-looking statements. Given those uncertainties, you should
not place undue reliance on these forward-looking statements, which
speak only as of the date made. All subsequent forward-looking
statements attributable to the Company or any person acting on its
behalf are expressly qualified in their entirety by this cautionary
statement. Aquestive specifically disclaims any obligation to
update any forward-looking statement, except as required by
law.
PharmFilm® and the Aquestive logo are registered
trademarks of Aquestive Therapeutics, Inc.
Investor Inquiries:ICR Westwicke Stephanie
Carrington stephanie.carrington@westwicke.com646-277-1282
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