Press release
Oramed Pharmaceuticals Appoints Chief Commercial Officer
NEW YORK, July 29, 2021 /PRNewswire/ -- Oramed Pharmaceuticals Inc. (Nasdaq: ORMP) (TASE: ORMP) (www.oramed.com), a clinical-stage pharmaceutical company
About this update from Oramed Pharmaceuticals Inc.
[{"type":"text","content":"NEW YORK, July 29, 2021 /PRNewswire/ -- Oramed Pharmaceuticals Inc. (Nasdaq: ORMP) (TASE: ORMP) (www.oramed.com), a clinical-stage pharmaceutical company focused on the development of oral drug delivery systems, today announced the appointment of Michael Rabinowitz to the newly created position of Chief Commercial Officer effective August 1, 2021. Mr. Rabinowitz will be responsible for Oramed's overall commercial strategy and execution.\n\"As we move through the Phase III trials of our oral insulin, ORMD-0801, we are looking ahead towards the next step: commercialization. We're very pleased to welcome Michael Rabinowitz as Oramed's first Chief Commercial Officer. Michael's years of global commercial experience make him the ideal leader for Oramed's next phase of growth and development. Throughout his career, he has built a strong track record in successfully launching new products and will certainly play a vital role in commercializing Oramed's pipeline,\" stated Oramed Chief Executive Officer, Nadav Kidron.\nMr. Rabinowitz is a highly accomplished commercial leader having spent over 20 years at the global biopharmaceutical company Merck & Co. serving in marketing, sales, business development, and financial leadership roles in the U.S. and globally. At Merck, he launched and marketed products in over 30 countries across several disease areas, including launching billion-dollar oral agents in diabetes and managing a global business. Mr. Rabinowitz holds a Masters' Degree from The Carlson School of Management, University of Minnesota. He has also participated in executive health care programs at the Harvard Business School.\n\"I am very excited to join Oramed and work with the team to advance healthcare through Oramed's innovative technology,\" said Mr. Rabinowitz.\nAbout Oramed PharmaceuticalsOramed Pharmaceuticals (Nasdaq/TASE: ORMP) is a platform technology pioneer in the field of oral delivery solutions for drugs currently delivered via injection. Established in 2006, with offices in the United States and Israel, Oramed has developed a novel Protein Oral Delivery (POD™) technology. Oramed is seeking to transform the treatment of diabetes through its proprietary lead candidate, ORMD-0801, which is being evaluated in two pivotal Phase III studies and has the potential to be the first commercial oral insulin capsule for the treat...