Please login to the form below

Not currently logged in
Email:
Password:

Pfizer forms rare disease unit

Pfizer has created a new unit designed to increase the company's research and development activities for rare diseases

Pfizer has created a new unit designed to increase the company's research and development activities for rare diseases. The Rare Disease Research Unit, which will be part of the company's Worldwide Research and Development operations, will focus on finding therapies for diseases that affect fewer than 200,000 patients in the US.

Drugs for those diseases are eligible for orphan drug status from the US Food and Drug Administration (FDA), a designation that carries a number of potential benefits, including tax breaks and seven years of US market exclusivity.

The unit will be led by Edward Mascioli, a medical doctor who was most recently the founder and CEO of the healthcare private equity firm Dapis Capital. Earlier in his career, Mascioli was vice president of Clinical Affairs at Peptimmune and senior medical director at Paraxel. He will be based out of Pfizer's Cambridge, Massachusetts, offices and will report to Jose Carlos Gutierrez-Ramos, Pfizer's senior vice president of BioTherapeutics Research and Development.

Pfizer said the unit will work closely with patient advocacy groups as it develops its research strategy. The unit will pursue treatments for rare diseases across a range of therapeutic categories, the company added.

15th June 2010

Share

Subscribe to our email news alerts

Featured jobs

PMHub

Add my company
Videum Health

Videum Health is a premium video platform that offers brands innovative engagement strategies to reach targeted healthcare audiences on a...

Latest intelligence

Infographic: Therapy Watch Hyperlipidaemia
Our latest infographic offers an introduction to the real-world insights collected by our Hyperlipidaemia study....
Article: The rise of the healthcare influencer
In our latest article for Pharmaphorum Deep Dive, we explore the opportunities and benefits for healthcare companies in the online influencer space....
Top-10 Reasons Why You Should be Adding Asynchronous Virtual Touchpoints Between Your Real-time Meetings
...