Acusphere Appoints Mark Leuchtenberger as President and CEO
16 September 2013 - 11:00PM
Business Wire
Acusphere, Inc. (ACUSD.PK) today announced that
Mark Leuchtenberger has been appointed President, Chief Executive
Officer and a Director of the company, succeeding co-founder Sherri
C. Oberg, who will remain on Acusphere’s Board of Directors as Vice
Chairman. Acusphere is currently focused on the development and
regulatory approval of Imagify™ (Perflubutane Polymer Microspheres)
lyophilisate for dispersion for injection, a cardiovascular drug
for the detection of coronary artery disease (CAD), the leading
cause of death in the United States and Europe.
“I am thrilled to join Acusphere at what I
believe is an exciting time in the company’s history,” said Mr.
Leuchtenberger. “I look forward to working with the Acusphere team
to complete the final stages of Imagify’s clinical evaluation and
bringing this program forward to market.”
Martyn Greenacre, chairman of Acusphere’s board
of directors, said, “We are delighted to attract an executive of
Mark’s caliber and experience to lead Acusphere through its next
phase of growth and development. We are indebted to Sherri for her
dedication and years of success in shepherding Acusphere’s
technology, including Imagify as its lead product candidate, to
this pivotal point. Under Mark’s leadership, we are eager to move
ahead with the exciting opportunities that we believe are available
for Acusphere and Imagify.”
Mr. Leuchtenberger most recently served as
President, Chief Executive Officer and a member of the board of
directors at Rib-X Pharmaceuticals, bringing experience in
commercial operations, business development and preparing
biopharmaceutical companies for product approval and
commercialization. Prior to joining Rib-X, Mr. Leuchtenberger
served as President and Chief Executive Officer of Targanta
Therapeutics Corporation, where he led the company’s initial public
offering in 2007 and its acquisition in 2009. Mr. Leuchtenberger
served as the President and Chief Executive Officer of Therion
Biologics Corporation, a privately held cancer vaccine company.
Prior to Therion, Mr. Leuchtenberger was a senior officer at Biogen
Idec Inc., where he led the Avonex® development and launch in the
United States and subsequently managed North American and
international commercial operations. Mr. Leuchtenberger received
his M.B.A. from the Yale School of Management and his B.A. from
Wake Forest University. He is a director and past chairman of the
Massachusetts Biotechnology Council Board of Directors and
currently serves as a trustee for Beth Israel Deaconess Medical
Center. He is a co-founder of Albor Biologics, Inc. and Alvos
Therapeutics, Inc.
Added Ms. Oberg, “I share the Board’s genuine
excitement and enthusiasm in welcoming Mark to Acusphere. His
exceptional capabilities and expertise, particularly in leading one
of the most successful product launches in biotech history with
Avonex, will be critical in driving forward the commercialization
opportunities for Imagify in the years ahead.”
About Acusphere, Inc.
Acusphere, Inc. (ACUSD.PK) is a specialty
pharmaceutical company focused on the development and regulatory
approval of our lead product candidate, Imagify™ (Perflubutane
Polymer Microspheres) lyophilisate for dispersion for injection.
Imagify is a cardiovascular drug for the detection of coronary
artery disease, the leading cause of death in the United States and
Europe. Imagify was created using proprietary technology that
enables Acusphere to control the porosity and size of nanoparticles
and microparticles, which were customized to control the delivery
of gas needed for ultrasound myocardial perfusion assessment. For
more information about Acusphere visit the Company's web site
(www.acusphere.com).
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