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Monday, 08/31/2015 10:28:48 AM

Monday, August 31, 2015 10:28:48 AM

Post# of 45185
So looks like CX-1739 will be back in the clinic soon. $3 mil in funding is enough to get things moving again, so Ampakines are going to get another chance after all :o)

The new CEO Dr. Manuso has hit the ground running, and put up $250 K of his own money. I like this guy :o)


Here's the full SEC filing for the financing -

http://www.sec.gov/Archives/edgar/data/849636/000149315215004076/form8-k.htm


Dr. Manuso -


>>> Dr. Manuso, the new CEO of Cortex, is the former Chairman of the Board of Directors and Chief Executive Officer of Astex Pharmaceuticals, Inc. ("Astex") (NASDAQ: ASTX), having served in such positions from July 2011 through October 2013, at which time he successfully concluded efforts to sell Astex to Otsuka Pharmaceuticals, Inc. for $886 million. Dr. Manuso had previously served as the President and Chief Executive Officer, as well as Chairman of the Board of Directors, of Astex (formerly SuperGen, Inc.: NASDAQ: SUPG) from January 2004 to July 2011, and as a director of the company since February 2001. Dr. Manuso replaces Arnold S. Lippa, Ph.D., who will remain with Cortex as Executive Chairman of the Board of Directors and Chief Scientific Officer.

Dr. Manuso currently serves on the board of directors of privately-held KineMed, Inc. Previously, Dr. Manuso served on the boards of directors of The Biotechnology Industry Organization (BIO) and its Health Section Governing Board, Novelos Therapeutics, Inc. (NVLT.OB; now Cellectar Biosciences, Inc.), Symbiontics, Inc. (sold to BioMarin as ZyStor, Inc. for $115MM), Quark Pharmaceuticals, Inc., EuroGen, Ltd. (London, UK), where he was chairman, and other industry companies. Dr. Manuso previously served as Vice President and a member of the Board of Trustees of the Greater San Francisco Bay Area Leukemia & Lymphoma Society. Dr. Manuso began his career as vice president and Director of Health Care Planning and Development at The Equitable Companies (now Group Axa), where he also served as an Acting Medical Director.

Dr. Manuso earned a B.A. with Honors in Economics and Chemistry from New York University, a Ph.D. in Experimental Psychophysiology and Genetics from the Graduate Faculty of The New School University, where he was a New School Scholar, a Certificate in Health Systems Management from Harvard University, and an Executive M.B.A. from Columbia Business School, where he was an Equitable Companies Scholar. Dr. Manuso is the author of over 30 chapters, articles and books on various topics, including health care cost containment and biotechnology company management. <<<

















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