FORT WASHINGTON, Pa., Aug. 10, 2016 (GLOBE NEWSWIRE) -- Vitae Pharmaceuticals, Inc. (NASDAQ:VTAE), a clinical-stage biotechnology company, today announced the appointment of Scott Applebaum as General Counsel and Corporate Secretary, effective immediately. Mr. Applebaum most recently served as Chief Legal Officer and Corporate Secretary at Medgenics, Inc., a genomics medicine company focused on rare pediatric diseases.
“Scott’s extensive experience in providing legal and corporate compliance guidance will be invaluable to Vitae as our pipeline of first-in-class therapies continues to grow and advance,” said Jeff Hatfield, President and Chief Executive Officer of Vitae. “We are delighted to welcome Scott to the team.”
Mr. Applebaum brings to Vitae nearly 20 years of legal and regulatory experience gleaned from global leadership roles at small and large pharmaceutical companies, including 10 years at Shire in multiple regulatory affairs, corporate compliance and legal positions, from heading its Specialty Pharma Legal department, to heading its Global Regulatory Affairs department, and finally overseeing its Neuroscience Business Unit. Throughout his tenure at Shire, Mr. Applebaum provided counsel to the company’s executive leadership team on key corporate and regulatory compliance matters, in addition to supporting the company’s various acquisitions. Before Shire, he served as Senior Counsel at Bristol-Myers Squibb, where he instituted a U.S. compliance program for the company’s sales and marketing initiatives, in addition to providing legal counsel for the company’s commercial operations.
Mr. Applebaum earned his J.D. from Stanford University Law School, where he was a member of theStanford Law Review. He graduated summa cum laude from The Wharton School of the University of Pennsylvania with a B.S. in economics with a concentration in accounting and finance.
"I am pleased to join Vitae as the company continues making strides in advancing novel and potentially difference-making therapies that have been developed with its proprietary structure-based drug design platform,” said Mr. Applebaum.
About Vitae Pharmaceuticals
Vitae Pharmaceuticals is a clinical-stage biotechnology company developing first-in-class product candidates with potential to transform the treatment paradigm for patients with significant unmet medical needs. Initial indications being pursued include psoriasis, other autoimmune disorders, and atopic dermatitis. Vitae’s lead clinical assets include VTP-43742, an oral RORyt inhibitor currently being studied in patients with moderate to severe psoriasis, and VTP-38543, an LXR? selective agonist being studied in patients with mild to moderate atopic dermatitis.
For additional information, please visit the company's website at www.vitaepharma.com.
