Full Press Release Details
Appoints Former Chief Medical Officer of Schering-Plough, Robert J. Spiegel, MD,
FACP, to Board of Directors
Altos, CA, April 27, 2023 - RenovoRx, Inc. ("RenovoRx" or the "Company") (Nasdaq: RNXT), a biopharmaceutical
company focused on targeted drug-delivery with an initial application in locally advanced pancreatic cancer (LAPC), announced today that
Robert J. Spiegel, MD, has been appointed to the Company's Board of Directors, effective April 25, 2023.
Spiegel brings more than 40 years of biopharmaceutical experience to RenovoRx's Board. He was involved in more than 30 successful
New Drug Application (NDA) approvals by the FDA and the development and launch of multiple products with annual sales exceeding $1B.
While at Schering-Plough, he served as Sr. Vice President of Worldwide Clinical Research and Chief Medical Officer. He was involved in
the development of numerous cancer drugs and led the development of Remicade (infliximab), Temodar (temozolomide),
and alpha-interferon (Intron A) through PH I-III studies, securing the first FDA approval for a biologic protein. After Merck acquired
Schering-Plough in 2009, Dr. Spiegel became Chief Medical Officer at PTC Therapeutics where he led the company to EU Conditional Approval
for the first drug ever approved for Duchene Muscular Dystrophy.
Spiegel currently serves on numerous publicly listed and privately held boards, including Geron Corporation, Cyclacel Pharmaceuticals,
Ayala Pharmaceuticals, Athenex and Sun Pharma Advanced Research Corp (SPARC). He also is an Associate Professor of Medicine at Weill
Cornell Medical College, an Advisor to Warburg Pincus and Israel Biotech Fund, and a member of the Leukemia and Lymphoma Society (LLS)
TAP committee. Dr. Spiegel completed his Medical Oncology fellowship at the National Cancer Institute and received his MD from the University
is a pivotal time in RenovoRx's evolution, and I am excited to help advance its transformative therapies for patients," said
Dr. Spiegel. "The company's randomized Phase III interim efficacy and safety data utilizing RenovoGem to treat patients
with locally advanced pancreatic cancer are very encouraging. The only two FDA approvals in the past decade in pancreatic cancer (Abraxane
and Olaparib) showed a sub-2-month improvement in overall survival. Beyond pancreatic cancer, RenovoRx's drug-delivery platform
has a high potential to impact other cancers and possibly indications outside of oncology."
Chief Executive Officer Shaun Bagai said, "We look forward to Dr. Spiegel's leadership on our Board as we plan on advancing
discussions with the FDA about expediting forward progress with RenovoGem, while continuing our current trial enrollment. Our
team is also engaging with worldwide regulatory agencies and identifying new indications and combination products utilizing our therapy
platform, RenovoTAMP ."
is a late-stage, clinical biopharmaceutical company with a vision to disrupt the current paradigm of biopharmaceutical treatments. Our
mission is to lead a revolution in oncology therapy by delivering its innovative and targeted intra-arterial (IA) delivery of chemotherapy
directly to solid tumors. The proprietary RenovoRx Trans-Arterial Micro-Perfusion (RenovoTAMP ) therapy platform aims
to avoid the harsh side effects typical of the current standard of care, or systemic delivery methods, thus improving patient well-being
and, potentially extension of life, so more time may be enjoyed with loved ones. RenovoTAMP utilizes approved chemotherapeutics with
validated mechanisms of action and well-established safety and clinical use, with the goal of improving their safety, tolerance, and
widening their therapeutic window by providing more targeted delivery at the location of the tumor tissue. RenovoRx's lead product
candidate, RenovoGemTM, is a combination of gemcitabine and its patented delivery system, RenovoCath , and
is regulated by the FDA as a novel oncology drug product to treat unresectable locally advanced pancreatic cancer (LAPC). RenovoGem is
currently being studied in the open label, randomized Phase III TIGeR-PaC clinical trial for the treatment of LAPC.
patent portfolio for its therapy platform and product candidates includes eight issued U.S. patents, one issued European patent, and
several additional patents pending in the US, EU and Asia. RenovoRx has been granted Orphan Drug Designation for intra-arterial delivery
of gemcitabine for the treatment of both pancreatic cancer and bile duct cancer (cholangiocarcinoma).
more by visiting the RenovoRx website or following RenovoRx on Facebook, LinkedIn and Twitter.
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