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Ensysce Biosciences Grows its Management Team with Appointment of Dr. Linda Pestano as Chief Development Officer

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Ensysce Biosciences has appointed Linda Pestano, PhD, as Chief Development Officer effective October 15, 2021. Dr. Pestano brings over 20 years of experience in drug development and has worked on therapies for various indications. CEO Dr. Lynn Kirkpatrick highlighted her expertise as a boon for advancing their opioid products and addressing concerns in the opioid crisis. Ensysce is focused on developing safer prescription drugs through its proprietary platforms aimed at reducing abuse and overdose.

Positive
  • Appointment of Dr. Linda Pestano brings over 20 years of relevant experience in drug development.
  • Dr. Pestano's expertise expected to accelerate development of opioid products and improve patient outcomes.
Negative
  • Concerns about continuity and experience gaps in leadership could arise from the management change.

SAN DIEGO, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Ensysce Biosciences, Inc. (“Ensysce” or the “Company”) (NASDAQ: ENSC, OTC: ENSCW), a clinical stage biotech company with proprietary technology platforms to reduce the economic and social burden of prescription drug abuse and overdose, has appointed Linda Pestano, PhD, Chief Development Officer effective October 15, 2021.

Dr. Pestano has worked through her career to guide the development of novel therapeutics to improve patient outcomes and quality of life. Dr. Pestano received her PhD from Tuffs University and undertook a Post-Doctoral Fellowship with Dana Farber Cancer Institute at the Harvard Medical School in Boston. Her early research was visionary as it focused on the immunoregulation of T-cells which is the key to current day immunotherapies for oncology.   Dr. Pestano has been instrumental in guiding new therapies, including small molecules, nucleic acids, and biologicals through development into clinical trials. Dr. Pestano’s expertise spans lead development, pre-clinical and translational studies, and interacting with multiple regulatory agencies. Dr. Pestano joins Ensysce with 20 years of experience developing vaccines, drugs and novel biologics for a diverse range of indications.

Ensysce CEO Dr. Lynn Kirkpatrick commented: “I’m pleased to welcome Linda to our leadership team, as she brings a wealth of expertise in preclinical drug development that will aid in advancing our lead ‘next-generation’ opioids products through to commercialization. Additionally, our pipeline of ADHD and Opioid Use Disorder products, which are in earlier stage of development, will benefit from her expertise and knowledge. We look forward to her contributions to accelerating our programs to bring our lead products through registration.”

Dr. Pestano commented: “Ensysce is developing unique platforms to curb abuse and overdose of prescription drugs, and its specific focus on the opioid family is a timely response to a dire crisis that has touched all of our lives. With Ensysce’s clinical trials progressing for both PF614 and PF614-MPAR, it is important to ensure all preclinical studies required for regulatory filings have the focus that is needed, and I am pleased to bring this expertise to the table.”

Dr. Kirkpatrick concluded: “Growing our management team with the addition of Dr. Pestano has provided us with a stronger foundation as we move our products forward to provide novel options for both prescribers and patients.”

Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of federal securities laws. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication. Such factors can be found in Ensysce’s most recent annual report on Form 10-K, subsequently filed quarterly reports on Form 10-Q, current reports on Form 8-K, and in the recently filed Form S-1, which are available, free of charge, at the SEC’s website at www.sec.gov. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Ensysce undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise.

About Ensysce Biosciences (NASDAQ: ENSC)
Ensysce Biosciences, San Diego, CA is a clinical-stage biotech company using its proprietary technology platforms to develop safer prescription drugs. Leveraging its Trypsin Activated Abuse Protection (TAAP) and Multi-Pill Abuse Resistance (MPAR™) platforms, the Company is developing a new class of powerful, tamper-proof opioids that prevent both drug abuse and overdoses. Ensysce’s products are anticipated to provide safer options to treat severe pain and assist in preventing deaths caused by opioid abuse, reducing the human and economic cost. The platforms are covered by an extensive worldwide intellectual property portfolio for a wide array of prescription drug compositions. For more information, please visit www.ensysce.com.

Investor Relations Contact:
Gateway Investor Relations
Matt Glover, Alex Thompson
(949) 574-3860
Ensysce@gatewayir.com

 


FAQ

Who is the new Chief Development Officer of Ensysce?

Linda Pestano, PhD, has been appointed as Chief Development Officer effective October 15, 2021.

What will Linda Pestano's role entail at Ensysce?

Dr. Pestano will focus on advancing Ensysce's opioid products and improving their development programs.

How does Dr. Pestano's experience benefit Ensysce?

Her extensive experience in drug development is expected to enhance the company's efforts in bringing safer prescription drugs to market.

What are Ensysce's main focuses in drug development?

Ensysce aims to develop safer prescription drugs to reduce prescription drug abuse and overdose.

What are the implications of Dr. Pestano joining Ensysce on its product pipeline?

Her expertise is anticipated to accelerate the registration process for Ensysce's lead opioid products and support programs for ADHD and Opioid Use Disorder.

Ensysce Biosciences, Inc.

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