Business
Unicycive Therapeutics Appoints Douglas Jermasek As Executive Vice President, Corporate Strategy
LOS ALTOS, Calif., Oct. 26, 2021 /PRNewswire/ -- Unicycive Therapeutics, Inc. (Nasdaq: UNCY), a clinical stage biotechnology company developing therapies for
About this update from Unicycive Therapeutics, Inc.
[{"type":"text","content":"LOS ALTOS, Calif., Oct. 26, 2021 /PRNewswire/ -- Unicycive Therapeutics, Inc. (Nasdaq: UNCY), a clinical stage biotechnology company developing therapies for patients with kidney disease, today announced the appointment of Douglas Jermasek as Executive Vice President, Corporate Strategy. In this role, Mr. Jermasek, a seasoned healthcare professional, will have responsibility for Unicycive's corporate and commercial strategy and business development activities.\n\n \n \n \n \n \n \n\n \nDoug has spent the majority of his career focused on drugs for treatment of kidney diseases\"With a career spent in healthcare at some of the largest biopharmaceutical companies, Doug brings a wealth of experience to Unicycive,\" said Shalabh Gupta, M.D., Chief Executive Officer. \"Importantly, he has spent the majority of his career focused on kidney diseases where his responsibilities have included portfolio development and lifecycle management strategy through alignment of marketing, R&D, and business development activities. We are excited to have him join our team and look forward to his contributions.\"\nMr. Jermasek has over 25 years of biopharmaceutical industry experience. Most recently, he was Senior Vice President, Marketing and Strategy at Akebia Therapeutics, a role he assumed after the merger with Keryx Biopharmaceuticals. He spent over a decade at Genzyme (a Sanofi Company) culminating as Senior Vice President and General Manager, Head of Renal Global Business Unit. In that role, he drove sales of over $1 billion, establishing Renvela® as the standard of care for the treatment of hyperphosphatemia for patients with chronic kidney disease (CKD) and achieving \"blockbuster\" status globally.1 Mr. Jermasek was also Head of North America at Intercept Pharmaceuticals, and held management positions at Prometheus Laboratories, Agouron Pharmaceuticals, and Abbott Laboratories. He received a Master of Business Administration and his Bachelor of Science in biological sciences degrees from Brigham Young University.\nCommenting on his appointment, Mr. Jermasek, stated, \"I am thrilled to join the Unicycive team whose mission is to make a meaningful difference in the lives of patients battling kidney diseases. While I am proud of my past accomplishments in this field, I am also humbled by the challenges that remain and know that more can be done ...