SUNNYVALE, Calif., Dec. 5, 2012 /PRNewswire/ -- Sorbent Therapeutics, Inc., a biopharmaceutical company developing therapies for cardiovascular and renal diseases, today announced that Jason Levin has joined the company as Chief Business Officer.
Mr. Levin brings more than 18 years of industry experience to Sorbent. In this newly created role, he will oversee Sorbent's business development efforts and contribute to corporate strategy. Mr. Levin will report directly to Detlef Albrecht, M.D., Sorbent's President and CEO.
"Jason brings significant business development and corporate strategy expertise to our leadership team, and we have already benefitted from his business acumen in his role as an advisor to Sorbent for the past several months," said Dr. Albrecht. "Sorbent's lead product for heart failure, CLP1001, has achieved promising clinical results and our polymer technology platform allows us to create first-in-class therapeutics addressing significant unmet needs in heart failure, chronic kidney disease and hypertension. Jason's contributions to building alliances and forming partnerships will accelerate the development and commercialization of our pipeline programs."
"With positive Phase 2a data for CLP1001, a solid management team and compelling partnering opportunities, this is an exciting time to join Sorbent. CLP1001 has demonstrated measurable clinical improvements in the quality of life for heart failure patients by reducing fluid overload," said Jason Levin. "Sorbent is well positioned for a variety of strategic collaborations as we commence our planned Phase 2b study for CLP1001, and evaluate opportunities to leverage the company's technology platform to generate non-absorbed polymer-based therapeutics that restore fluid and ion balances."
Mr. Levin has been responsible for the completion of significant strategic transactions across several companies generating m
|SOURCE Sorbent Therapeutics, Inc.|
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