NORTH LIBERTY, Iowa, July 15, 2013 /PRNewswire/ -- KemPharm, Inc., a clinical stage biopharmaceutical company focused on the discovery and development of new, safer therapies to treat pain, announced today the appointment of Gordon K. "Rusty" Johnson as Chief Operating Officer (COO) and Chief Financial Officer (CFO).
As COO and CFO of KemPharm, Mr. Johnson will join KemPharm's executive management team and will be responsible for enhancing the company's financial and operational initiatives and the ongoing development of KP201. KP201 is KemPharm's lead clinical candidate in development for the treatment of acute moderate to moderately severe pain. KemPharm anticipates submitting a new drug application (NDA) for KP201 to the FDA in the second quarter of 2014.
Travis C. Mickle, Ph.D., president and CEO of KemPharm, commented, "Adding an executive with Rusty's industry knowledge and transactional expertise is a tremendous achievement for KemPharm as we continue to advance the clinical and regulatory development of KP201 and our entire pipeline. In particular, Rusty's diverse investment banking background is exactly what KemPharm needs to propel our strategy forward as we seek to bring a new class of prescription opioid to the market; one that simultaneously deters abuse and reduces opioid-induced constipation."
Mr. Johnson's career is highlighted by over 30 years of investment banking experience including strategic financial advisory, corporate finance and sales & trading responsibilities at firms that include Piper Jaffray & Co.; WR Hambrecht + Co; Deutsche Bank; Kidder, Peabody & Co. and Credit Suisse First Boston.
Mr. Johnson has led a wide variety of public offerings, private financings and advisory assignments across multiple industries as well as for life sciences companies including, most recently, ADMA Biologics,
|SOURCE KemPharm, Inc.|
Copyright©2012 PR Newswire.
All rights reserved