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Calliditas appoints Group General Counsel

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Calliditas Therapeutics announced the appointment of Jonathan Schur as Group General Counsel, effective October 1, 2020. With over 30 years of legal experience, Schur has expertise in the pharmaceutical sector, advising on collaborations, clinical trials, and regulatory compliance. His role is crucial as the company progresses its lead candidate, Nefecon, towards potential commercialization, particularly in the U.S. market. CEO Renée Aguiar-Lucander expressed confidence in Schur's ability to support Calliditas's growth and strategy.

Positive
  • Appointment of Jonathan Schur as Group General Counsel brings extensive legal experience, enhancing in-house legal support.
  • Schur's background in pharmaceutical law aligns with Calliditas's focus on developing innovative treatments.
  • His strategic insights are expected to bolster the company's efforts in advancing Nefecon towards commercialization.
Negative
  • Potential concerns regarding continuity in leadership during a significant growth phase.

STOCKHOLM , Aug. 25, 2020 /PRNewswire/ -- Calliditas Therapeutics AB (publ) ("Calliditas") today announced the appointment of Jonathan Schur as Group General Counsel, effective October 1, 2020.

Jonathan Schur has over 30 years of experience as a lawyer and is a member of the New York and Paris Bars. His practice focuses on work for pharmaceutical companies at all stages of development, from biotech companies advancing breakthrough technologies, to specialty and large pharmaceutical companies building commercial franchises. Having practiced in Paris for most of his career, Jonathan bridges the gap between the US and European legal and regulatory traditions. He advises companies on collaborations, product acquisitions, product distribution, the legal and regulatory aspects of product and pricing authorizations, clinical trials, agreements with hospitals and physicians, marketing practices and privacy compliance.

Prior to joining Calliditas, Mr. Schur was a Partner in the Life Sciences team at Goodwin Procter LLP, and before that a partner and co-managing partner of the Paris Office of Dechert LLP. He is a graduate of Harvard College and Harvard Law School.

"As Calliditas grows its overall footprint and advances its lead product candidate Nefecon towards registration and, if approved, commercialization, the importance of an experienced in-house legal resource becomes increasingly critical. We are excited that Jonathan has agreed to join us and help prepare Calliditas for its next stage of development," said Renée Aguiar-Lucander, Chief Executive Officer.

"The Calliditas management team has demonstrated its ability to identify products and technologies with significant potential and develop and implement approaches that can maximize their chances of success. I am looking forward to helping Calliditas execute its ambitious and exciting strategy," said Jonathan Schur.

For further information, please contact:
Renée Aguiar-Lucander, CEO, Calliditas
Email: renee.lucander@calliditas.com 

Mikael Widell, Communications and IR
Tel.: +46 703 11 99 60, email: mikael.widell@calliditas.com

The information was sent for publication, through the agency of the contact persons set out above, on August 25, 2020 at 08:00 a.m. CET.

About Calliditas

Calliditas Therapeutics is a specialty pharmaceutical company based in Stockholm, Sweden focused on identifying, developing and commercializing novel treatments in orphan indications, with an initial focus on renal and hepatic diseases with significant unmet medical needs. Calliditas' lead product candidate, Nefecon, is a proprietary, novel oral formulation of budesonide, an established, highly potent local immunosuppressant, for the treatment of the autoimmune renal disease IgA nephropathy, or IgAN, for which there is a high unmet medical need and there are no approved treatments. Calliditas is running a global Phase 3 study within IgAN and, if approved, aims to commercialize Nefecon in the United States. Calliditas is listed on Nasdaq Stockholm (ticker: CALTX) and the Nasdaq Global Select Market (ticker: CALT). Visit www.calliditas.com for further information.

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SOURCE Calliditas Therapeutics

FAQ

Who is the new Group General Counsel of Calliditas Therapeutics?

Jonathan Schur has been appointed as the Group General Counsel of Calliditas Therapeutics, effective October 1, 2020.

What experience does Jonathan Schur bring to Calliditas?

Jonathan Schur has over 30 years of legal experience, particularly in the pharmaceutical sector, advising on various legal and regulatory matters.

What is the significance of this appointment for Calliditas?

The appointment of Jonathan Schur is crucial as Calliditas advances its lead product, Nefecon, towards potential commercialization, especially in the U.S. market.

When did Calliditas announce Jonathan Schur's appointment?

Calliditas announced Jonathan Schur's appointment on August 25, 2020.

What product is Calliditas focusing on under Jonathan Schur's legal guidance?

Calliditas is focusing on advancing its lead product candidate, Nefecon, for the treatment of IgA nephropathy.

Calliditas Therapeutics AB American Depositary Shares

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