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Adeona Announces Proposed Name Change to Synthetic Biologics, Inc., and Appointment of John Monahan, Ph.D., as Senior Vice President of Research & Development
Date:12/21/2011

Vice President - Research and Development at Somatix, another pioneering gene medicine company, Director, Molecular & Cell Biology at Triton Biosciences (since merged with Berlex Laboratories), Research Group Chief, Department of Molecular Genetics at Hoffmann-LaRoche, Inc. and Adjunct Assistant Professor, Department of Cell Biology at New York University. Dr. Monahan was also a pioneer in gene cloning and holds the distinction as the second person in the world to clone a gene mRNA sequence (Chick Ovalbumin).

  • The Company has established a satellite office in Northern Virginia, to further facilitate the Company's focus on synthetic DNA-based therapeutics, the collaboration between the employees of the Company and Intrexon, and the relationship with the Company's regulatory consultants.

Commenting on today's announcements, the Company's Chairman, Jeffrey Riley stated, "These changes should better enable the Company to concentrate its efforts and build core competencies in the emerging field of synthetic biology and DNA-based human therapeutics, areas in their infancy with extraordinary potential."

"By overcoming many of the technical obstacles that limited traditional gene medicine approaches, synthetic DNA-based biologics may allow us to optimize the delivery of therapeutic proteins in a safe, controlled and localized fashion never before possible. In turn, this may provide physicians the ability to radically transform the way in which many serious diseases can be treated. I am pleased to be joining the Company, and to be a part of this innovative new effort and area," stated John Monahan, Ph.D., the Company's Senior Vice President of Research & Development.

James S. Kuo, M.D., M.B.A., Chief Executive Officer of the Company stated, "I am grateful to the Board of Directors for accepting and backing the new vision for the future direction of the Company. This represents an exci
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SOURCE Adeona Pharmaceuticals, Inc.
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