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News

CritiTech Announces New Hires

April 20, 2006


FOR IMMEDIATE RELEASE


LAWRENCE, Kan. - CritiTech announced today that Dr. Joseph Fix has joined the company as its new Director of Business and Corporate Development. Dr. Fix has over 25 years experience in the drug delivery and pharmaceutical industry in addition to his experience in working in the micro and nanoparticle pharmaceutical arena. Dr. Fix has held a number of executive positions in the pharmaceutical industry. Most recently he was President and COO of Cydex, Inc. Previously, he was EVP and COO of NanoSystems, Inc., a unit of Elan Corporation. Before joining Elan, he was President and CTO of Yamanouchi Pharma Technologies and Associate Director of Biological Sciences for ALZA Corporation. He began his career with Merck and Company, advancing to Associate Director, Biopharmaceutics for the INTERx research division. Dr. Fix holds a Ph.D. in neurophysiology from the University of Kansas and an MBA from Pepperdine University. He has held adjunct faculty positions at the University of Southern California, Purdue University, and the University of Kansas. He is the author of numerous publications and holds 17 patents in the drug delivery area.

CritiTech also announced today that Dr. John Vandewalle has accepted the position of Director of Product Development. Dr. Vandewalle started work as a biochemist and physician in South Africa, and later entered the pharmaceutical industry when he joined Merrell Dow in South Africa. He moved from R&D to marketing in Switzerland for Europe then on to business management in the US with Merrell Dow. He joined the executive ranks of Marion Merrell Dow as V.P of International Business Management and Global Business Planning, and then became CEO and founder of Teva Marion Partners. John helped grow the company to over $100 million. He went on to become President of North and South American Operations for Quintiles. In addition to Dr. Vandewalles’s work with CritiTech, he also owns and operates iNTouch Consulting and he is a member of various business and non-profit boards.

The company opened its laboratory in June, 2004 at the West Lawrence Labs located at 4950 Research Park Way in Lawrence, Kansas. CritiTech provides critical drug delivery and development technology for the pharmaceutical industry through its patented nanoparticle production technology originally developed at KU. The company also uses its proprietary technology to coat implantable medical devices such as cardiac stents. In addition, CritiTech has an internal drug development program and expects to have its first drug, Nanotax™, in Phase I clinical trials in 2006. Nanotax™ is a pure nanoparticle paclitaxel drug for the treatment of ovarian cancer.

 

 

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