MARK SKALETSKY NAMED PRESIDENT AND CEO OF GELTEX INC.
LEXINGTON, Mass. May 5 /PRNewswire/ -- GelTex Inc. announced today the appointment of Mark Skaletsky as president and chief executive officer. Skaletsky joins GelTex after more than 10 years in senior executive positions at Enzytech, Inc., Biogen, Inc. and Opta Food Ingredients, Inc. GelTex is a recently established biotechnology company that is developing orally administered therapeutic products that act by binding to and removing harmful substances through the gastrointestinal tract. The company's approach combines molecular recognition technology with polymer science. "Mark Skaletsky brings to GelTex a wealth of expertise and an outstanding record of achievement in building and managing biotechnology companies," said Robert J. Carpenter, chairman of the board of GelTex and company founder. "We are pleased he has joined our effort to develop and commercialize this new class of pharmaceuticals based on therapeutic polymers." Skaletsky is chairman of the board of Opta Food Ingredients and served as chairman of the board of Enzytech until February 1993, when Enzytech was acquired by Alkermes, Inc. Prior to Enzytech, which he joined in 1988, Skaletsky served for five years as president and chief operating officer of Biogen. Skaletsky is also currently a director of ISIS Pharmaceuticals, Inc. Based in Lexington, GelTex was founded in 1992 by Carpenter, former executive vice president of Genzyme Corporation, and chairman and chief executive officer of Integrated Genetics; George Whitesides, Ph.D., Mallinckrodt Professor of Chemistry at Harvard University; Henry Blair, a cofounder of Genzyme; and James Tananbaum, M.D., currently employed at Merck. -0- 5/5/93 /CONTACT: Mark Skaletsky, president and CEO of GelTex Inc., 617-863-1720, or Robert Gottlieb, senior VP of Feinstein Partners, 617-577-8110, for GelTex/
CO: GelTex Inc. ST: Massachusetts IN: MTC SU: PER
AK -- NE003 -- 4701 05/05/93 08:29 EDT
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|Date:||May 5, 1993|
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