Avalon (NASDAQ:AVRX)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more Avalon Charts. Click Here for more Avalon Charts.](/p.php?pid=staticchart&s=N%5EAVRX&p=8&t=15)
Avalon Pharmaceuticals, Inc. (Nasdaq:AVRX), today announced the
appointment of Philip Frost, M.D., Ph.D., to its Board of Directors
effective March 14, 2008. The addition of Dr. Frost brings the Avalon
Board to eight members.
“We are pleased to have Dr. Frost join the
Avalon Board,” stated Kenneth C. Carter,
Ph.D., President and CEO of Avalon Pharmaceuticals. “His
expertise will be a tremendous asset to Avalon as we work toward
advancing our pipeline and ultimately commercializing our oncology
products.”
“I am very excited to join the Board of Avalon
Pharmaceuticals,” stated Dr. Frost. “The
Company’s unique approach to drug discovery
and development, and strong oncology pipeline make for a bright future
ahead.”
About Dr. Frost
Dr. Philip Frost is currently the President of Calesca Pharmaceuticals.
Prior to Calesca, Dr. Frost was Executive Vice President and Chief
Scientific Officer at ImClone Systems, Inc. from 2005 to 2007 where he
oversaw the company’s research, clinical and
regulatory departments. He also served as Interim Chief Executive
Officer at ImClone in 2006. Prior to ImClone Systems, Dr. Frost served
as Vice President of Oncology and Co-Director of the Oncology
Therapeutic Area Leadership Team at Wyeth where he was responsible for
the development of various oncology compounds. Dr. Frost has also held
the positions of Adjunct Professor of Cell Biology and Adjunct Professor
of Medicine at The University of Texas M.D. Anderson Cancer Center since
1992. Dr. Frost has also held other academic positions at the University
of Texas and University of California, Irvine. He is currently a member
of the Board of Directors of Innovive Pharmaceuticals. Dr. Frost earned
his Medical Degree at State University of New York at Buffalo and his
Ph.D. at the Clinical Research Center in London, England.
About Avalon Pharmaceuticals
Avalon is a biopharmaceutical company focused on the discovery,
development and commercialization of first-in-class cancer therapeutics.
Avalon’s lead product candidate, AVN944, an
IMPDH inhibitor, is in Phase II clinical development. Avalon also has
preclinical programs to develop inhibitors of the Beta-catenin and
Aurora/Centrosome pathways, discovery programs for inhibitors of the
Survivin and Myc pathways and partnerships with Merck, MedImmune,
ChemDiv, Medarex, and Novartis. AvalonRx®
is the company’s proprietary platform which
is based on large-scale biomarker identification and monitoring, used to
discover and develop therapeutics for pathways that have historically
been characterized as "undruggable." Avalon is headquartered in
Germantown, MD.