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InvestorNewsBreaks — VistaGen Therapeutics Inc. (NASDAQ: VTGN) Names New Chief Legal Officer
VistaGen Therapeutics (NASDAQ: VTGN), a late clinical-stage, central nervous system (“CNS”) focused biopharmaceutical company aiming to transform the treatment landscape for individuals living with anxiety, depression and other CNS disorders, has announced its new chief legal officer: Reid Adler. According to the announcement, Adler’s new responsibilities will include overseeing the company’s legal affairs and providing strategic guidance to VistaGen’s executive team and board of directors. Adler has spent more than three decades gaining impressive experience in the tech, life science and not-for-profit spaces. He has been deeply involved in strategic planning and developing programs and policies for various types of organizations as well as providing governance advice to senior management, negotiating complex technology transactions and managing intellectual property assets. He has served as senior partner at both Morrison & Foerster and Morgan Lewis; he also served as general counsel at J. Craig Venter Institute, a pioneering genomics firm. As the founding director of the National Institutes of Health (“NIH”) Office of Technology Transfer, Adler created and managed a team of more than 40 people; he also was a key player at the NIH in developing policies and model agreements that are currently used by hundreds of organizations around the world. “We are excited to welcome Reid to VistaGen’s Executive Team,” said VistaGen CEO Shawn Singh in the press release. “He is a visionary, trusted advisor and proven leader who brings deep legal experience across numerous domains as well a passion for helping patients and creating change. We look forward to his perspectives and insights as we continue to grow our business. We are excited about our potential to positively impact millions of people suffering from anxiety and depression disorders, and we are confident Reid is the right legal expert to guide us on our important work.”
To view the full press release, visit https://ibn.fm/g8rUe
About VistaGen Therapeutics Inc.
VistaGen is a late clinical-stage, CNS-focused biopharmaceutical company striving to transform the treatment landscape for individuals living with anxiety, depression and other CNS disorders. The company is advancing therapeutics with the potential to be faster acting and with fewer side effects and safety concerns than those that are currently available. VistaGen’s clinical-stage candidates are targeting multiple forms of anxiety and depression. These candidates belong to a new class of drugs known as pherines, which are odorless, tasteless neuroactive steroids that bind to distinct receptors on chemosensory neurons in the nasal passages and can impact the limbic amygdala without systemic uptake or direct activity on CNS neurons in the brain. VistaGen’s lead candidate, PH94B, is a nasally administered spray currently in multiple phase 3 trials in the United States, with results anticipated in 2022. Should ongoing phase 3 studies be successful, PH94B has the potential to be the first FDA-approved, fast-acting, acute treatment of anxiety for adults with social anxiety disorder. With an experienced leadership team and a steady flow of near- and long-term potential milestones, VistaGen is passionate about transforming mental health care and redefining what is possible in the treatment of anxiety and depression. For more information about the company, please visit www.VistaGen.com.
NOTE TO INVESTORS: The latest news and updates relating to VTGN are available in the company’s newsroom at https://ibn.fm/VTGN
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