Acelrx Pharmaceuticals, Inc. Announces Executive Changes
June 05, 2017 at 06:34 am EDT
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On June 2, 2017, Timothy E. Morris, Chief Financial Officer and Head of Business Development of AcelRx Pharmaceuticals, Inc., notified the company of his resignation from all positions with the company effective immediately. In connection with Mr. Morris' resignation, Vincent J. Angotti, the company's Chief Executive Officer, has been appointed to act as interim Chief Financial Officer of the company.
Talphera, Inc., formerly AcelRx Pharmaceuticals, Inc., is a specialty pharmaceutical company. The Company is focused on the development and commercialization of therapies for use in medically supervised settings. The Company's nafamostat product candidates include Niyad and LTX-608. Niyad is focused on developing regional anticoagulants for injection into the extracorporeal circuit, such as the dialysis circuit during continuous renal replacement therapy (CRRT) for acute kidney injury (AKI) patients in the hospital, and for chronic kidney disease patients undergoing intermittent hemodialysis (IHD) in dialysis centers. LTX-608 is nafamostat formulation for direct intravenous (IV) infusion that shall be investigated and developed as a potential anti-viral for the treatment of COVID, acute respiratory distress syndrome (ARDS) disseminated intravascular coagulation (DIC), and acute pancreatitis. The Company is also engaged in developing two pre-filled syringes, namely Fedsyra and PFS-02.