Visgenx Appoints William Pedranti As Chief Executive Officer

Jun 05, 2023•about 2 years ago

Position

Chief Executive Officer

Company

Visgenx, Inc.

William Pedranti

San DiegoBiotechnologyTherapeuticsHealth Care

Description

Visgenx, Inc., a biotechnology company focused on developing gene therapies for degenerative retinal diseases, today announced the appointment of William Pedranti, J.D., as Chief Executive Officer. Mr. Pedranti will also join the Company's Board of Directors

Company Information

Company

Visgenx, Inc.

Location

3210 Merryfield Row

San Diego, California, United States

About

Visgenx, Inc. is a biotechnology company focused on developing gene-based therapeutics for degenerative retinal diseases. Visgenx' initial product is VGX-0111, a gene therapy candidate being developed for the treatment of dry Age-related Macular Degeneration (AMD). Close to 200 million people suffer from dry AMD globally; it is a leading cause of blindness. VGX-0111 is based on the ELOVL2 gene, which is required for the biosynthesis of lipids necessary for the function and survival of retinal cells. ELVOL2 expression declines with aging which may be an underlying pathology of dry AMD. VGX-0111 is intended to restore a normal level of ELOVL2 expression thereby slowing or halting the vision loss resulting from dry AMD. For more information on Visgenx, visit www.visgenx.com.

Executive Insights

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New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months

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