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  • Private
  • US
Dow Jones Description

Alseres Pharmaceuticals, Inc. (ALSE) is engaged in the development of therapeutic and diagnostic products primarily for disorders in the central nervous system (CNS). The Company maintains a world-class intellectual property position in the field of regenerative therapeutics. The Company's energy and focus is reflected in several important initiatives. Cethrin, a recombinant-protein-based drug designed to promote nerve repair after acute spinal cord injury, demonstrated positive interim results in a Phase I/IIa clinical trial. The Company's research and pre-clinical programs include, Inosine for the treatment of spinal cord injury and stroke, Oncomodulin for the treatment of ocular injury and disease and research programs directed at a number of regenerative therapies including bone repair. The Company has a robust molecular imaging development program targeting diagnosis of Parkinson's disease and potentially dementia. The Company's lead molecular imaging product candidate is Altropane which is in Phase III clinical trials for the diagnosis of Parkinsonian Syndromes including Parkinson's Disease. The Company has research collaborations with Harvard Medical School and Children's Hospital Boston.

Chairman and Chief Executive Officer
Peter G. Savas
Contact Information

239 S Street

Hopkinton, Massachusetts 01748

alseres.com

1 508 497 2360

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

News & Analysis

alseres pharmaceuticals inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Peter Meltzer President, Organix, Inc., Woburn, MA
Thomas H Tulip President of the Alseres Molecular Imaging Business Unit
Dr Mark R Hurtt Chief Medical Officer
Frank Bobe Executive Vice President and Chief Business Officer
Kenneth L. Rice Executive Vice President and Chief Financial Officer
James Weston Senior Vice President, Regulatory Affairs and Quality
Noel J. Cusack Senior Vice President, Preclinical Development
Richard Thorn Senior Vice President, Program Operations
Susan M Flint Senior Vice President, Drug Development
Daniel P. Lammertse Medical Director , Craig Hospital, Denver, Co
John F Ditunno Professor
Livingston Thomas
Robert L Gipson
Robert S. Langer Jr. Professor
Henry Brem Director

Board of Directors

Name (plus bio) Position
Peter G. Savas Chairman and Chief Executive Officer
William L.S. Guinness Director, Alseres Pharmaceuticals, Inc. Chairman of Sibir Energy Plc
Gary E. Frashier Committee Chair for Nominating and Governance Committee
John Steeves John and Penny Ryan Bc Leadership Chair and Professor
John T Preston Chairman
Michael J. Mullen Chairman
James Fawcett Board of Directors
Joseph R Bianchine Scientific Advisory Board Member
Larry Benowitz Board of Directors
Mark Tuszynski Professor of Neurosciences, University of California, San Diego (Ucsd), Vice-Chair of the Department
Michael G Fehlings Board of Directors

Organization Position Status
Alseres Pharmaceuticals, Inc. Chairman and Chief Executive Officer Current
Boston Life Sciences, Inc. Chairman and Chief Executive Officer Current
Amphora Discovery Corporation Chairman Current
Psivida Limited Board of Directors Current
Aderis Pharmaceuticals, Inc. Chief Executive Officer Former
Unisyn President Former
Aderis Pharmaceuticals, Inc. President Former
Amphora Discovery Corporation Senior Vice President Former
Millipore Corporation Senior Vice President Former
Business Operations Vice President Former
Business Operations General Manager Former
Millipore Corporation General Manager of Business Development and Operations Former
Millipore Corporation Manager of Business Development Former
Genex Inc. Former
Aderis Pharmaceuticals, Inc. Chairman Former
Boston Life Sciences, Inc. Board of Directors Former
Syracuse University BA In Chemistry Former

Organization Position Status
Alseres Pharmaceuticals, Inc. President, Organix, Inc., Woburn, MA Current

Organization Position Status
Alseres Pharmaceuticals, Inc. President of the Alseres Molecular Imaging Business Unit Current
Northwestern University Doctorate Degree In Inorganic Chemistry Former
Northwestern University Master of Science Former
University of Vermont Bachelor of Science In Chemistry Former

Dr. Mark R. Hurtt was named Boston Life Sciences' Chief Medical Officer in October 2005. Most recently, Dr. Hurtt was Senior Director of Clinical Research at Neurogen Corporation in Branford, CT.. Prior to Neurogen, Dr. Hurtt was Director of Drug Development and Director of Clinical Research at Pfizer Global Research and Development in Ann Arbor, MI. During his career, Dr. Hurtt has overseen CNS development programs in Parkinson's Disease, Alzheimer's disease, schizophrenia, pain, anxiety, and depression. Dr. Hurtt is Board certified in Neurology and Neuropathology. He received his medical degree from Jefferson Medical College and served as a Medical Officer in the United States Navy. He trained in neurology and neuropathology and was an assistant professor in the Departments of Neurology and Pathology at the University of Pittsburgh.

Organization Position Status
Boston Life Sciences, Inc. Chief Medical Officer Current
Alseres Pharmaceuticals, Inc. Chief Medical Officer Current
Pfizer Inc. Director of Clinical Research Former
Neurogen Corporation Senior Director of Clinical Research Former
University of Pittsburgh assistant professor Former
Jefferson Medical College of Thomas Jefferson University Degree Former

Organization Position Status
Bioaxone Therapeutique Inc. President and Chief Executive Officer Current
Alseres Pharmaceuticals, Inc. Executive Vice President and Chief Business Officer Current
Novartis AG Chief Executive Officer Former
Novartis AG Vice President of the Canadian Affiliate Former
Novartis AG General Manager Former
Novartis AG Country Head of the South Korean Affiliate Former
University of California, Davis Ph.D. In Bio, Organic Chemistry Former
INSEAD MBA Former

Organization Position Status
Alseres Pharmaceuticals, Inc. Executive Vice President and Chief Financial Officer Current
Boston Life Sciences, Inc. CFO & Executive Vice President, Finance & Admin Current
MacroChem Corporation Chief Financial Officer Former
Aderis Pharmaceuticals, Inc. Chief Commercial Officer Former
Aderis Pharmaceuticals, Inc. Vice President Former
MacroChem Corporation Vice President Former
MacroChem Corporation In, House Counsel Former
Millipore Corporation Former
MacroChem Corporation Treasurer Former
Aderis Pharmaceuticals, Inc. Secretary Former
Boston University School of Law LLM Taxation Former
Babson College MBA and BS, BA Former

Organization Position Status
Alseres Pharmaceuticals, Inc. Senior Vice President, Regulatory Affairs and Quality Current
Special Operations Medical Association Board of Directors Current
Cato Research, Ltd. Vice President, Strategy Former
Biopure Corporation Vice President, Government Affairs and Strategic Policy Former
Cato Research, Ltd. Managing Director of the Boston Office Former

A co-founder, Dr. Cusack has overall responsibility for managing the non-clinical development and drug discovery programs at Aderis Pharmaceuticals. He brings over 30 years of chemistry and pharmacology management experience with expertise in the therapeutic application of adenosine and adenine nucleotide derivatives. He teaches the FDA and ICH non-clinical requirements for international drug development and directs the pharmacology training courses for the Pharmaceutical Education and Research Institute. Dr. Cusack maintains a faculty position as adjunct professor at the University of California, Irvine. Previously he held academic appointments at the University of Cambridge and King's College, London. Dr. Cusack received his Ph. D. in Organic Chemistry from the University of Bradford, U.K.

Organization Position Status
Aderis Pharmaceuticals, Inc. Chief Scientific Officer Current
Alseres Pharmaceuticals, Inc. Senior Vice President, Preclinical Development Current
Boston Life Sciences, Inc. Senior Vice President, Preclinical Development Current
University of California, Irvine Adjunct Professor Current
Aderis Pharmaceuticals, Inc. Vice President Former
Aderis Pharmaceuticals, Inc. Founder Former
University of California Adjunct Prof Former
University of Bradford PhD Former
University of Auckland Msc In Chemistry Former
University of Auckland Bsc and Msc In Chemistry, and Former
University of Cambridge Former
King's College Former

Dr. Thorn was named Senior Vice President of Program Operations in December 2001, after serving as Director of Product Development since 1997. Prior to joining BLSI, Dr. Thorn was Director of Technology Transfer at Boston Biomedica, Inc. from 1995 to 1997, Director of Research and Development at Verigen, Inc. from 1992 to 1995, Director of the Immunology and Antibody Services groups at Baxter Diagnostics, Inc. from 1989 to 1992, and was a Research and Development Scientist at Cambridge BioTech Corporation from 1983 to 1989. From 1979 to 1983, Dr. Thorn was an Assistant Professor at the University of Pennsylvania where he did research on the immune response to Bovine Leukemia Virus. From 1976 to 1979, he did research on the immune response to ultraviolet light-induced tumors in mice. Dr. Thorn did post-doctoral work on T-cell mediated cytolysis at Johns Hopkins University. His Ph.D. was earned at the University of Pennsylvania and his B.A. from the University of California at San Diego. Dr. Thorn has published more than 20 scientific articles in peer-reviewed journals, and holds two patents.

Organization Position Status
Boston Life Sciences, Inc. Senior Vice President, Program Operations Current
Alseres Pharmaceuticals, Inc. Senior Vice President, Program Operations Current
Pressure BioSciences, Inc. Director of Technology Transfer Former
University of Pennsylvania Assistant Professor Former
University of Pennsylvania Ph.D. Was Earned Former
University of California, San Diego B.A. Former

Organization Position Status
Alseres Pharmaceuticals, Inc. Senior Vice President, Drug Development Current
Northeastern University MS In Pharmacology Former

Organization Position Status
Alseres Pharmaceuticals, Inc. Medical Director , Craig Hospital, Denver, Co Current
Craig Hospital Medical Director Current
University of Colorado Associate Clinical Professor Current
Alseres Pharmaceuticals, Inc. Board of Directors Current
The Ohio State University M.D. Former
The Ohio State University B.A Former

William Guinness joined the Board of Directors in July 2006. Mr. Guinness has been Chairman of Sibir Energy plc since 1999 and had additional roles with Pentex Energy plc and Pentex Oil plc. Mr. Guinness has been involved with various private venture capital operations, which cover areas as diverse as metal manufacturing, general aviation, and fine art consultancy. Mr. Guinness is also a director of a number of private companies involved in a wide range of commercial activities. Mr. Guinness previously served on the Company's Board of Directors from June 30, 2003 to September 20, 2003.

Organization Position Status
Alseres Pharmaceuticals, Inc. Director, Alseres Pharmaceuticals, Inc. Chairman of Sibir Energy Plc Current
Sibir Energy Plc Non-Executive Chairman Current
Alseres Pharmaceuticals, Inc. Board of Directors Current

Organization Position Status
Alseres Pharmaceuticals, Inc. Professor Current
Alseres Pharmaceuticals, Inc. Board of Directors Current

Organization Position Status
Alseres Pharmaceuticals, Inc. Current

Organization Position Status
Alseres Pharmaceuticals, Inc. Current

Dr. Langer has served as a scientific consultant and director since June 2002. Dr. Langer is currently the Chairman of the Company s Scientific Advisory Board. Dr. Langer is a co-founder of Sontra Medical, Inc. Since 1979, Dr. Langer has been Germeshausen Professor of Chemical and Biomedical Engineering at the Massachusetts Institute of Technology. Dr. Langer is also currently a director of Momenta Pharmaceuticals, Inc., a biotechnology company developing drugs based on sugar sequencing technology, Boston Life Sciences, Inc., a company focused on research and development of therapeutic and diagnostic products, and Wyeth, a pharmaceutical and consumer healthcare products company. Dr. Langer received his B.S. from Cornell University in 1970 and his Ph.D. from MIT in 1974, both in chemical engineering.

Organization Position Status
Echo Therapeutics, Inc. Co-Founder Current
Acusphere, Inc. co-founder Current
PureTech Ventures Co-Founder Current
Gelesis Inc. Co-Founder, Partner Current
Massachusetts Institute of Technology Professor Current
Massachusetts Institute Institute Prof Current
Alseres Pharmaceuticals, Inc. Professor Current
Analysis Group, Inc. Current
Wyeth Current
RD Legal Funding LLC Current
NYSE Group, Inc. Current
Fda.Com Chairman Current
Echo Therapeutics, Inc. Director Current
Alseres Pharmaceuticals, Inc. Director Current
U.S. Genomics, Inc. Board of Directors Current
Momenta.Com Board of Directors Current
Redchip Companies, Inc. Board of Directors Current
PureTech Ventures Venture Partner Former
Echo Therapeutics, Inc. Director and Chairman of the Scientific Advisory Board Former
Momenta Pharmaceuticals, Inc. Board of Directors Former
Guilford Pharmaceuticals, Inc. Director Former
Warner-Lambert Director Former
Alkermes, Inc. Director Former
Massachusetts Institute of Technology Ph.D. Former
Cornell University B.S. Former
Massachusetts Institute of Technology Sc.D. in Chemical Engineering Former
U.S. Food and Drug Administration member Former

Organization Position Status
Management Associates, LLC President Current
Management Associates, LLC Principal Current
Alseres Pharmaceuticals, Inc. Committee Chair for Nominating and Governance Committee Current
Achillion Pharmaceuticals, Inc Board of Directors Current
Tekmira Pharmaceuticals Corporation Board of Directors Current
Inex Pharmaceuticals Corporation Board of Directors Current
Aderis Pharmaceuticals, Inc. Board of Directors Current
Apex Bioventures Acquisition Corporation Board of Directors Current
Alseres Pharmaceuticals, Inc. Board of Directors Current
Genex Inc. CEO Former
OSI Pharmaceuticals, Inc. Chief Executive Officer Former
Genex Inc. President Former
Apex Bioventures Acquisition Corporation CFO, Secretary & Executive Vice President Former
Millipore Corporation Executive Vice President Former
OSI Pharmaceuticals, Inc. Chairman Former
Texas Tech University B.S In Chemical Engineering Former

Organization Position Status
Icord Professor Current
Alseres Pharmaceuticals, Inc. John and Penny Ryan Bc Leadership Chair and Professor Current
Icord Director Current

Organization Position Status
Massachusetts Institute President Current
C Change Investments, LLC Founder Current
C Change Investments, LLC Managing Partner Current
E-Z-EM, Inc. Principal Accountant Fees and Services Current
Alseres Pharmaceuticals, Inc. Chairman Current
Clean Harbors, Inc. Board of Directors Current
E-Z-EM, Inc. Board of Directors Current
Biomerix Corporation Board of Directors Current
The National Institute for Hometown Security Board of Directors Current
Massachusetts Institute Senior Lecturer Current
Alseres Pharmaceuticals, Inc. Director Current
Atomic Ordered Materials President Former
Northwestern University MBA Former
University of Wisconsin BS In Physics Former

Organization Position Status
Magellan Biosciences, Inc Chief Financial Officer Current
Boston Life Sciences, Inc. Director, Boston Life Sciences, Inc. Chief Financial Officer, Magellan Bioscience, Inc. Current
Alseres Pharmaceuticals, Inc. Chairman Current
Boston Life Sciences, Inc. Board of Directors Current
Alseres Pharmaceuticals, Inc. Director Current
Jmh Capital Chief Financial Officer Former
Jmh Capital Partner Former
Thermo Electron Corporation Former
James Madison University Bba Former

Organization Position Status
Ophthalmology, Ltd. Professor Current
Oncology Inc Professor Current
Johns Hopkins University School of Medicine Professor Current
Alseres Pharmaceuticals, Inc. Director Current
Harvard Medical School Degree Former

James Fawcett is chairman of the Cambridge University Centre for Brain Repair, and director of medical studies at King's College. He qualified as a physician at St Thomas' Hospital, and became a full time researcher after 4 years of clinical practice. His main research interest is in nerve fibre regeneration, and particularly the way in which inhibitory molecules in scar tissue block regeneration after spinal cord injury. He has been responsible for experiments showing that the enzyme chondroitinase can break down inhibitory molecules in scar tissue, and allow nerve fibre regeneration and functional recovery after spinal cord injury.

Organization Position Status
King's College Director of Medical Studies Current
Near Miss Club Current
Spinal Research Current
Alseres Pharmaceuticals, Inc. Board of Directors Current

Organization Position Status
Texas Tech University Founder Current
Alseres Pharmaceuticals, Inc. Scientific Advisory Board Member Current
Aderis Pharmaceuticals, Inc. Board of Directors Current
Aeron Wine Cellars Board of Directors Current
Editorial, LLC Board of Directors Current
American College of Physicians Fellow Current
Texas Tech University Diplomat Former
The Ohio State University College of Medicine Professor Former
Hoffmann-La Roche Inc. Former
Albany Medical College Ph.D. Former
The State University of New York M.D. Former

Organization Position Status
Alseres Pharmaceuticals, Inc. Board of Directors Current

Organization Position Status
Ceregene, Inc. Co-Founder Current
University of California, San Diego Professor Current
Intermixx.Com, Inc. Current
Acorda Therapeutics, Inc. Current
Ceregene, Inc. Board of Directors Current
Alseres Pharmaceuticals, Inc. Professor of Neurosciences, University of California, San Diego (Ucsd), Vice-Chair of the Department Current
Sci-WWW Former
University of California, San Diego PH.D. In Neurosciences Former
University of Minnesota M.D. Former
University of California, San Diego B.S. In Biology Former
University of Minnesota B.S. In Biology Former

Professor of Neurosurgery and McLaughlin Scholar in Molecular Medicine, University of Toronto; Chairman of the Spinal Program, Toronto Western Hospital; Medical Director of the Krembil Neuroscience Center, University Health Network and Krembil Chair in Neural Repair and Regeneration. Michael G. Fehlings M.D. Ph.D. FRCSC FACS is a Professor of Neurosurgery and McLaughlin Scholar in Molecular Medicine at the University of Toronto, Chairman of the Spinal Program at the Toronto Western Hospital, Medical Director of the Krembil Neuroscience Center at the University Health Network and Krembil Chair in Neural Repair and Regeneration. His main clinical interests are in complex spinal neurosurgery, and his research focus is in molecular mechanisms underlying spinal cord injury and translational research related to spine and spinal cord conditions. In this regard, Dr. Fehlings directs a New Emerging Team in Spinal Cord Injury Regenerative Medicine and Nanotechnology which is funded by the Canadian Institutes of Health Research. Dr. Fehlings is a co-principal investigator in the Christopher and Dana Reeve Foundation funded North American Clinical Trials Network, co-director of the Canadian Spinal Cord Injury Translational Research Network and co-chair of the renowned Spine Trauma Study Group. He is the principal investigator in the Cethrin PhaseI/IIa clinical trial.

Organization Position Status
Alseres Pharmaceuticals, Inc. Board of Directors Current
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