Nabriva Therapeutics Appoints Dr. Christine Guico-Pabia, M.D., as Chief Medical Officer

Rhea-AI Summary

Nabriva Therapeutics (NASDAQ: NBRV) announced the appointment of Dr. Christine Guico-Pabia as Chief Medical Officer effective October 1, 2021. Dr. Guico-Pabia brings over 30 years of global biopharmaceutical experience, including leadership roles at major pharmaceutical companies. Nabriva CEO Ted Schroeder expressed confidence in her ability to support the company’s clinical initiatives and drive development of innovative therapies addressing antibiotic resistance. Nabriva is known for its anti-infective agents and received FDA approval for XENLETA, along with ongoing developments for CONTEPO.

Positive

• Appointment of Dr. Christine Guico-Pabia as CMO expected to enhance leadership team.
• Dr. Guico-Pabia has extensive experience across multiple therapeutic areas.
• Focus on innovative therapies to tackle antibiotic resistance.

Negative

• Transition in leadership may present initial adaptation challenges.

DUBLIN, Ireland and FORT WASHINGTON, Pa., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Nabriva Therapeutics plc (NASDAQ: NBRV), a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective agents to treat serious infections, announced the appointment of Dr. Christine Guico-Pabia, M.D., MBA, MPH as Chief Medical Officer (CMO) effective October 1, 2021.

“We are very pleased to have Christine join our senior leadership team. Christine brings a well-rounded profile to the CMO role, with extensive experience across several therapeutic areas from clinical development through to the post-marketing support of multiple commercial stage products over the course of her notable career,” said Ted Schroeder, Chief Executive Officer of Nabriva Therapeutics.

Dr. Guico-Pabia brings over 30 years of global biopharmaceutical experience and extensive expertise in every stage of drug development, pharmacoeconomics and outcomes research, and medical affairs. She has previously held leadership positions at small startups and large multinational companies including McKesson, Merck, Wyeth, Pfizer, and Metagenics. 

Christine completed her MD at the University of Santo Tomas Medical School in Manila, Philippines, obtained her MBA from Temple University Fox School of Business in Philadelphia, PA, and her MPH from Johns Hopkins University Bloomberg School of Public Health in Baltimore, MD.

“I am delighted to join the experienced leadership team at Nabriva Therapeutics during such an exciting time in the company’s growth and evolution. I look forward to working with the team to support the clinical benefits of our currently marketed products. Additionally, I am excited to develop innovative therapies that address the urgent problem of antibiotic resistance and transform the lives of patients with infectious diseases,” said Dr. Guico-Pabia.

About Nabriva Therapeutics plc

Nabriva Therapeutics is a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective agents to treat serious infections. Nabriva Therapeutics received U.S. Food and Drug Administration approval for XENLETA^® (lefamulin injection, lefamulin tablets), the first systemic pleuromutilin antibiotic for community-acquired bacterial pneumonia (CABP). Nabriva Therapeutics is also developing CONTEPO™ (fosfomycin) for injection, a potential first-in-class epoxide antibiotic for complicated urinary tract infections (cUTI), including acute pyelonephritis. Nabriva entered into an exclusive agreement with subsidiaries of Merck & Co. Inc., Kenilworth, N.J., USA to market, sell and distribute SIVEXTRO^® (tedizolid phosphate) in the United States and certain of its territories.

Forward-Looking Statements

Any statements in this press release about future expectations, plans and prospects for Nabriva Therapeutics, including but not limited to statements about the potential benefits to Nabriva Therapeutics under its sales promotion and distribution agreement with the subsidiaries of Merck & Co. Inc., Kenilworth, NJ, USA the potential benefits to patients of SIVEXTRO and XENLETA, the market opportunity for SIVEXTRO and XENLETA, the availability of SIVEXTRO through major U.S. specialty wholesalers, the impact on Nabriva Therapeutics’ reported revenue from anticipated sales of SIVEXTRO, the sufficiency of its cash resources and other statements containing the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “likely,” “will,” “would,” “could,” “should,” “continue,” and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: Nabriva Therapeutics’ ability to maintain the conditions under the distribution agreement to exclusively distribute and promote SIVEXTRO, including its ability to maintain a commercial infrastructure sufficient to promote and distribute SIVEXTRO, the extent of business interruptions resulting from the infection causing the COVID-19 outbreak or similar public health crises, the ability to retain and hire key personnel, the availability of adequate additional financing on acceptable terms or at all and such other important factors as are set forth in Nabriva Therapeutics’ annual and quarterly reports and other filings on file with the SEC. In addition, the forward-looking statements included in this press release represent Nabriva Therapeutics’ views as of the date of this press release. Nabriva Therapeutics anticipates that subsequent events and developments may cause its views to change. However, while Nabriva Therapeutics may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Nabriva Therapeutics’ views as of any date subsequent to the date of this press release.

CONTACTS:

For Investors

Kim Anderson

Nabriva Therapeutics plc

ir@nabriva.com

For Media

Andrea Greif

Ogilvy

andrea.greif@ogilvy.com

914-772-3027

FAQ

What is the significance of Dr. Christine Guico-Pabia's appointment as CMO for Nabriva (NBRV)?

Dr. Guico-Pabia's appointment is significant as she brings over 30 years of experience in biopharmaceuticals, which may strengthen the leadership team and enhance Nabriva's ability to develop innovative therapies.

What experience does Dr. Christine Guico-Pabia have in the biopharmaceutical industry?

Dr. Guico-Pabia has extensive experience in clinical development, pharmacoeconomics, and has held leadership positions at companies like Merck and Pfizer.

What are Nabriva's primary products and their purposes?

Nabriva's key products include XENLETA, the first systemic pleuromutilin antibiotic for bacterial pneumonia, and CONTEPO, an epoxide antibiotic for complicated urinary tract infections.

How might Dr. Guico-Pabia's role impact Nabriva's future initiatives?

Her role may enhance Nabriva's initiatives focused on clinical support and the development of therapies addressing antibiotic resistance, which is a critical issue in healthcare.