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Enlivex Announces Appointment of New Chief Executive Officer
Nes-Ziona, Israel, Oct. 24, 2019 (GLOBE NEWSWIRE) -- Enlivex Therapeutics, Ltd., a clinical-stage immunotherapy company, today announced the appointment of
About this update from Enlivex Ltd.
[{"type":"text","content":"Nes-Ziona, Israel, Oct. 24, 2019 (GLOBE NEWSWIRE) -- Enlivex Therapeutics, Ltd., a clinical-stage immunotherapy company, today announced the appointment of Dr. Oren Hershkovitz as Chief Executive Officer, effective November 16, 2019. Dr. Hershkovitz served for nearly a decade in managerial and executive roles at PROLOR Biotech, Inc. and OPKO Biologics, Ltd., the biotech subsidiary of OPKO Health, Inc. acting as General Manager of OPKO Biologics for the past four years. Dr. Hershkovitz successfully managed more than 70 employees and led manufacturing, non-clinical and clinical development for various Phase I, II and III programs, including for obesity, hemophilia and growth hormone deficiency. Dr. Hershkovitz obtained his Ph.D. in immunology, with distinction, from Ben Gurion University in Israel.\n Pfizer and OPKO Health announced on October 21, 2019 that PROLOR’s lead drug, Somatrogon, which was partnered to Pfizer in 2014, met the primary endpoint in a pivotal Phase III clinical trial. Mr. Shai Novik, Executive Chairman of Enlivex – who founded PROLOR and led the company through its acquisition by OPKO as well as the execution of the agreement with Pfizer – and Dr. Hershkovitz, are now joining forces again at Enlivex. “We are pleased about the appointment of Dr. Hershkovitz as the new CEO of Enlivex,” stated Shai Novik, Executive Chairman. “I have had the pleasure of working together with Dr. Hershkovitz when he was part of my management team at PROLOR Biotech and watched him develop into one of the leading biotech executives in Israel today. While at PROLOR, we developed Somatrogon, sold the company to OPKO, licensed the product to Pfizer, and now post its successful Phase III we anticipate that, if approved by the regulators, the product will become a winner in the multi-billion dollar growth hormone therapy market. Taking into account Dr. Hershkovitz’s biotech executive experience, coupled with an impressive immunology background, we believe he is well-positioned to provide significant value in his CEO role and to further develop and execute the strategic and operating plan of Enlivex to become a leading immunotherapy company. Commenting on his appointment, Dr. Hershkovitz said “I am excited to join Enlivex at a time in which it is getting ready to initiate two advanced clinical trials, one for the prevention of GvHD post B...