EDGEWATER, N.J., Sept. 17, 2013 /PRNewswire/ -- DiaVacs, Inc., a clinical stage biotechnology company focused on the goal of curing autoimmune diseases, with its first indication being Type 1 diabetes mellitus (T1DM), today announced that it has appointed Orville Kolterman, MD, as Chief Medical Officer. In this role, Dr. Kolterman will assume responsibility for the company's Clinical Development and Medical Affairs.
The unique and proprietary core technologies that DiaVacs employs to create its dendritic cell therapies allow the immune system to be "re-trained" so as to halt auto-immune attacks against the body's own tissues. This cell based therapy has been shown to be safe in Phase I human trials and effective at halting disease progression in preclinical models of disease. The FDA has approved, and the company has initiated, Phase II human trials.
"Dr. Kolterman is a highly regarded diabetes expert who not only understands the challenges of Type 1 diabetes, but has hands on experience with all aspects of biopharmaceutical product development. Dr. Kolterman's experience will help strengthen our company's integrated approach in developing a treatment for Type 1 Diabetes," said Dr. Haro Hartounian, President and CEO of DiaVacs, Inc. "He is a great addition to our management team."
The addition of Dr. Kolterman rounds out a team of leaders from across the diabetes and pharmaceutical space. These include Mr. Daniel Bradbury, former President and CEO of Amylin Pharmaceuticals Inc., Mr. Alex Casdin, a noted life sciences investor and executive, Dr. James Gavin III, former Senior Scientific Officer of the Howard Hughes Medical Institute (HHMI) and former President of the American Diabetes Association, Dr. Alan Lewis, CEO of Medistem Inc. and form
|SOURCE DiaVacs, Inc.|
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