Reata Pharmaceuticals Appoints Rajiv Patni, M.D., as Executive Vice President, Chief Research & Development Officer
13 Juin 2023 - 12:45PM
Business Wire
Reata Pharmaceuticals, Inc. (Nasdaq: RETA) (“Reata,” the
“Company,” “our,” “us,” or “we”), a global biopharmaceutical
company focused on developing and commercializing novel therapies
for patients with severe diseases, announced the appointment of
Rajiv Patni, M.D., as Executive Vice President, and Chief Research
& Development Officer. Dr. Patni will report to Warren Huff,
Chief Executive Officer, and will be responsible for overseeing the
Company’s research and development functions.
“The team and I are excited to welcome Rajiv to Reata. His
previous experience and his proven track record will help position
the company for future growth,” said Warren Huff, Chief Executive
Officer. “His leadership will allow us to continue with the
development of omaveloxolone and accelerate the development of our
Nrf2 activators in serious neurological and other diseases.”
Dr. Patni brings over 23 years of global product development
experience, including 18 clinical programs in the cardiology,
diabetology, hepatology, neurology, and benign hematology
therapeutic areas. Prior to joining Reata, Dr. Patni was Chief
Medical Officer (CMO) at Global Blood Therapeutics from 2020 to
2023. Prior to that time, he was CMO at Portola Pharmaceuticals and
Adamas Pharmaceuticals. Early in his career, Dr. Patni worked at
Pfizer, Roche, and Actelion, where he held positions of increasing
responsibility. His proven track record in fostering successful
team efforts at these different companies contributed to the
approval of 10 medicines from the U.S. Food and Drug
Administration, European Medicines Agency, and other regulatory
agencies.
“I am excited to join Reata as it enters an inflection point to
become a global, commercial-stage company with an expanding
pipeline in both rare and common serious diseases,” said Dr. Patni,
who also commented. “I am duly impressed by the resilience and
expertise of the Reata team, who have spent up to two decades
expanding the knowledge of its foundational Nrf2 activator
biology.”
Dr. Patni received his MD degree from the Mount Sinai School of
Medicine in New York City, as part of an accelerated BS/MD program.
He completed an internal medicine residency and adult cardiology
fellowship at the Albert Einstein College of Medicine, also in New
York City, where he continued as an attending physician before
joining industry.
About Reata
Reata is a global biopharmaceutical company committed to
developing and commercializing novel therapeutics for patients with
serious or life-threatening diseases with few or no approved
therapies. We focus on molecular pathways involved in the
regulation of cellular metabolism and inflammation. Reata developed
the first and only U.S. Food and Drug Administration approved
product for Friedreich’s ataxia. In addition, Reata is developing
cemdomespib for the treatment of patients with diabetic neuropathic
pain and Nrf2 activators for neurological diseases. Cemdomespib
is an investigational drug, and its safety and efficacy has not
been established by any regulatory agency. For more information
visit www.reatapharma.com and follow us on LinkedIn and
Twitter.
Forward-Looking Statements
This press release includes certain disclosures that contain
“forward-looking statements,” including, without limitation, our
plans and objectives for the commercialization of SKYCLARYS and the
timing thereof, our expectations regarding the size of the patient
population for SKYCLARYS, and our plans to research, develop, and
commercialize our other product candidates. You can identify
forward-looking statements because they contain words such as
“believes,” “will,” “may,” “aims,” “plans,” “model,” and “expects.”
Forward-looking statements are based on Reata’s current
expectations and assumptions. Because forward-looking statements
relate to the future, they are subject to inherent uncertainties,
risks, and changes in circumstances that may differ materially from
those contemplated by the forward-looking statements, which are
neither statements of historical fact nor guarantees or assurances
of future performance. Important factors that could cause actual
results to differ materially from those in the forward-looking
statements include, but are not limited to, (i) the potential
market size and the size of the patient population for SKYCLARYS
and the market opportunities for SKYCLARYS; (ii) our ability to
successfully build our commercial infrastructure to manufacture,
market and sell SKYCLARYS, including the successful development and
implementation of our sales and marketing campaigns for SKYCLARYS;
(iii) the ability of our third-party suppliers and contract
manufacturers to manufacture SKYCLARYS at the required quality and
quantities and in compliance with applicable laws and regulations;
and (iv) other factors set forth in Reata’s filings with the U.S.
Securities and Exchange Commission, including its Annual Report on
Form 10-K for the fiscal year ended December 31, 2022, under the
caption “Risk Factors.” The forward-looking statements speak only
as of the date made and, other than as required by law, we
undertake no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230613584965/en/
Reata Pharmaceuticals, Inc. (972) 865-2219
https://www.reatapharma.com/
Investor Relations & Media Relations: John Hunter
ir@reatapharma.com Wendy Segal media@reatapharma.com
https://www.reatapharma.com/contact-us/
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