Ocuphire Pharma Announces Appointment Of George Magrath, M.D., M.B.A., M.S., As Chief Executive Officer And Director
Portfolio Pulse from Benzinga Newsdesk
Ocuphire Pharma, Inc. (NASDAQ:OCUP) has appointed George Magrath as its new CEO and member of the Board of Directors. Magrath, who has extensive experience in the pharmaceutical industry, succeeds Rick Rodgers, who has been serving as Interim CEO since April 2023. Magrath was previously the CEO of Lexitas Pharmaceutical Services, where he led significant growth and increased revenue. He will lead Ocuphire in advancing the clinical development of its lead retina asset, APX3330.
November 01, 2023 | 12:24 pm
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POSITIVE IMPACT
The appointment of George Magrath as CEO of Ocuphire Pharma could potentially lead to positive developments for the company. His extensive experience in the pharmaceutical industry and successful track record at Lexitas Pharmaceutical Services could be beneficial for Ocuphire's growth and the advancement of its lead retina asset, APX3330.
George Magrath's appointment as CEO of Ocuphire Pharma is highly relevant as he brings extensive experience and a successful track record in the pharmaceutical industry. His previous role as CEO of Lexitas Pharmaceutical Services saw significant growth and increased revenue, which could potentially be replicated at Ocuphire. This could positively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
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