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Advanced Cell Technology grabs Antares CEO

 
• By Madeleine Armstrong

Regenerative medicine company Advanced Cell Technology (ACT) has appointed Paul Wotton CEO and president, six months after starting its search for a new leader. The firm’s most recent chief, Gary Rabin, left the company in January for unspecified reasons and, since then, Edward Myles, CFO and executive vice-president of corporate development, has been interim president. Mr Rabin took the reins in December 2010 after the sudden death of previous CEO William Caldwell. New leader Dr Wotton joins from Antares Pharma, where he has served as president and CEO since October 2008; before this, he was CEO of Topigen Pharmaceuticals and previously was the global head of business development of SkyePharma. Dr Wotton says ACT is at a “pivotal time,” about to go into Phase II clinical trials for age-related macular degeneration (AMD) and Stargardt’s macular dystrophy (SMD), Phase I for myopic macular degeneration (MMD), and to “advance the novel programs in its pre-clinical pipeline.”

Regenerative medicine company Advanced Cell Technology (ACT) has appointed Paul Wotton CEO and president, six months after starting its search for a new leader. The firm’s most recent chief, Gary Rabin, left the company in January for unspecified reasons and, since then, Edward Myles, CFO and executive vice-president of corporate development, has been interim president. Mr Rabin took the reins in December 2010 after the sudden death of previous CEO William Caldwell. New leader Dr Wotton joins from Antares Pharma, where he has served as president and CEO since October 2008; before this, he was CEO of Topigen Pharmaceuticals and previously was the global head of business development of SkyePharma. Dr Wotton says ACT is at a “pivotal time,” about to go into Phase II clinical trials for age-related macular degeneration (AMD) and Stargardt’s macular dystrophy (SMD), Phase I for myopic macular degeneration (MMD), and to “advance the novel programs in its pre-clinical pipeline.”

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