Generex Names Former Eli Lilly Senior Medical Director Dr. James H. Anderson, Jr. to its Scientific Advisory Board
Will provide advice & assistance on the Company's clinical, regulatory, & commercialization efforts for Generex Oral-lyn™ & its diabetes pipeline
WORCESTER, Ma., Dec. 9, 2010 /PRNewswire-FirstCall/ -- Generex Biotechnology Corporation (www.generex.com) (OTC Bulletin Board:GNBT) today announced the appointment of Dr. James H. Anderson, Jr., MD, FFPM, FACE to the Company's Scientific Advisory Board. Dr. Anderson will bring his wealth of clinical, regulatory, and commercialization experience in the diabetes field to the SAB to assist Generex with the commercialization of its pipeline of diabetes products including Generex Oral-lyn™, the Company's proprietary buccal insulin spray product.
Commenting on the appointment, Dr. Anderson stated, "Having worked with the Generex team in the fledgling stage of Generex Oral-lyn™ development while at Eli Lilly, I believed then that the product had the potential to become a first-in-class therapeutic insulin treatment even though the companies ultimately headed in different directions as is often the case with early stage collaborations. Over the course of time I have watched Generex overcome a number of hurdles with Generex Oral-lyn™, poised to finally reach its potential in diabetes treatment. I am now privileged to become involved again as Generex Oral-lyn™ approaches the latter stages of the regulatory process en-route to commercialization. It will be a pleasure to come full-circle to finish the work with this important and innovative initiative with tremendous market potential."
Dr. Anderson, a former Lieutenant Colonel in the United States Army's Medical Corps, worked for Eli Lilly and Company from 1985 until 2009. From July 2006 to December 2009, Dr. Anderson served as Eli Lilly's Senior Medical Director, Diabetes and Cardio-metabolic Medicine. Dr. Anderson is presently a Clinical Associate Professor of Medicine in the Division of Endocrinology and Metabolism at Indiana University Medical School, a member of the American Diabetes Association's Community Leadership Board, and a member of the editorial boards of the peer-reviewed journals Diabetes, Technology and Therapeutics and Journal of Diabetes Science and Technology. Dr. Anderson is also an elected Fellow of the Faculty of Pharmaceutical Medicine of the Royal Colleges of Physicians of the United Kingdom and a Fellow of the American College of Endocrinology.
The Company believes that Generex Oral-lyn™ will offer a safe, simple, fast, effective, and pain-free alternative to prandial insulin injections which will improve patient compliance with therapeutic regimes thereby delaying the progress of diabetes and the onset of its myriad complications.