The Times Australia
News From Asia

.
Times Media

.

Galimedix Appoints Dr. Luciana Summo as Vice President, R&D Operations

  • Brings over 20 years of clinical experience, including management of Phase 1-2 clinical trials in a variety of indications such as ophthalmology
  • Will oversee all R&D operations with focus on clinical development and operations

Kensington, MD, USA - EQS Newswire - 25 October 2023 - Galimedix Therapeutics, Inc.

("Galimedix"), a Phase 2 clinical-stage biotechnology company developing novel oral and topical neuroprotective therapies with the potential to revolutionize the treatment of serious eye and brain diseases, today announced the appointment of Luciana Summo, PhD, as Vice President, R&D Operations. In this newly created position, she will oversee all activities related to R&D operations, with an emphasis on clinical development and operations. This includes spearheading the design, planning, and execution of clinical trials. Dr. Summo reports to Hermann Russ, MD, PhD, Co-founder and Chief Scientific Officer.

"We are delighted to welcome Luciana to Galimedix," said Alexander Gebauer, MD, PhD, Co-founder and Executive Chairman. "She brings strong experience setting up and running clinical trials and ensuring that all of the proper support structures are put in place. As we move our lead product candidate, GAL-101, into Phase 2 testing for the treatment of dry age-related macular degeneration, her skill set is the perfect fit for this next stage in our development. Luciana will play a pivotal role in defining Galimedix's overall R&D strategy and driving our R&D initiatives forward. All of us very much look forward to working with her as we contribute to advancing innovative healthcare solutions that have the potential to improve the lives of patients."

Dr. Summo has over 20 years of experience in clinical development and operations, including the management of Phase 1-2 clinical trials in several indications such as ophthalmology, cardiology, and oncology. Prior to joining Galimedix, she worked in positions of increasing responsibility in the clinical departments at OMEICOS Therapeutics GmbH, NOXXON Pharma AG, and Berlin-Chemie AG/ Menarini Group. She is well versed in setting up and overseeing clinical trials on a global scale and has played a key role in transitioning programs from pre-clinical to clinical stage. She has experience with the entire spectrum of activities related to R&D operations, with a special emphasis on clinical development and clinical operations, including also quality management and CMC. She works closely with cross-functional teams, including CROs, scientists, clinicians, regulatory affairs specialists, and different stakeholders, to ensure that trials are conducted in accordance with rigorous scientific standards and regulatory guidelines. Dr. Summo has experience in submitting Clinical Trial Applications (CTAs) in Europe and Investigational New Drug (IND) applications in the US and prepared for and participated in pre-IND meetings with the US Food and Drug Administration (FDA), as well as regulatory agency meetings in Europe. She also has set up from scratch and run a clinical operations department.

Luciana Summo, PhD, Vice President, R&D Operations, added: "I am truly excited to be joining Galimedix at this important point in the Company's growth. The programs in ophthalmology and Alzheimer's disease have the potential to change the treatment paradigm, and I look forward to working with the rest of the team to bring them forward in the clinic."
Hashtag: #Galimedix

The issuer is solely responsible for the content of this announcement.

About Galimedix Therapeutics, Inc.

Galimedix is a Phase 2 clinical-stage private company developing novel oral and topical neuroprotective therapies with the potential to revolutionize the treatment of serious eye and brain diseases. Founded by a seasoned and highly dedicated team of bio-entrepreneurs, pharmaceutical executives and scientists, Galimedix's groundbreaking small molecules offer the hope of changing the course of disease where amyloid beta (Aβ) plays a role, such as in dry age-related macular degeneration (AMD), glaucoma and Alzheimer's disease - Galimedix's initial areas of focus. The Company's approach targets toxic Aβ oligomers and protofibrils. Many studies have indicated that these oligomers and protofibrils are an underlying cause of neurodegenerative diseases of the eye. And, recent approvals and promising Phase 3 results of anti-Aβ drugs also have validated them as a key target in Alzheimer's disease. Compelling pre-clinical data support the potential of Galimedix's product candidates to slow or stop neurodegeneration and also restore lost neuronal function. A Phase 2 proof-of-concept study in dry AMD with lead program, topical GAL-101, is in preparation with strong support from partner, Théa Open Innovation (TOI). Clinical studies in other indications are planned.

The Times Features

Will the Wage Price Index growth ease financial pressure for households?

The Wage Price Index’s quarterly increase of 0.8% has been met with mixed reactions. While Australian wages continue to increase, it was the smallest increase in two and a half...

Back-to-School Worries? 70% of Parents Fear Their Kids Aren’t Ready for Day On

Australian parents find themselves confronting a key decision: should they hold back their child on the age border for another year before starting school? Recent research from...

Democratising Property Investment: How MezFi is Opening Doors for Everyday Retail Investors

The launch of MezFi today [Friday 15th November] marks a watershed moment in Australian investment history – not just because we're introducing something entirely new, but becaus...

Game of Influence: How Cricket is Losing Its Global Credibility

be losing its credibility on the global stage. As other sports continue to capture global audiences and inspire unity, cricket finds itself increasingly embroiled in political ...

Amazon Australia and DoorDash announce two-year DashPass offer only for Prime members

New and existing Prime members in Australia can enjoy a two-year membership to DashPass for free, and gain access to AU$0 delivery fees on eligible DoorDash orders New offer co...

6 things to do if your child’s weight is beyond the ideal range – and 1 thing to avoid

One of the more significant challenges we face as parents is making sure our kids are growing at a healthy rate. To manage this, we take them for regular check-ups with our GP...

Times Magazine

Photovoltaic in a condominium: what you need to know

In recent years, photovoltaics in Australia has experienced strong growth. The increase in the number of installations is mainly due to the fact that solar energy allows you to save on bills thanks to self-consumption, which can reach 90% with a ...

Shokz Launches OpenFit: The Revolutionary Compact Wireless Earbud Redefining Open-Ear Listening

The pioneers of Open-Ear Listening, Shokz, today announced its first foray into the True Wireless Stereo market with its new compact headphones – OpenFit. Available to purchase from 6 July, these earbuds feature brand-new immersive sound technolo...

Tips on Safer Surfboard Storage

When you’ve invested money to buy the best softboards in Sydney, you want to do everything you can to keep that investment safe and secure, right? A big part of doing that is knowing all the best practices when it comes to safe and proper storage f...

Satisfy the Sweet Tooth with Chocolate Covered Strawberry Near Me

Chocolate-covered strawberries are a classic treat that can be enjoyed any time of year. Whether you’re looking for something sweet to satisfy your sweet tooth or a unique gift for a special someone, this delicious treat is sure to bring a smile to...

Custom Stickers: The Small but Mighty Marketing Tool

In today's fast-paced and highly competitive business landscape, finding innovative and cost-effective ways to promote your brand is crucial.   Custom stickers are a modest but effective marketing technique that frequently goes unnoticed as digita...

Top Tips to Choose the Right Screen Repair for iPhone Service

Screen repair for iPhone is an essential service for anyone who owns an Apple device. Cracked screens, broken LCDs, and other display issues can all be addressed with the help of a qualified technician. Apple's official warranty only covers some ty...