Gyre Therapeutics Welcomes Dr. Dan Weng to Its Board of Directors
Gyre Therapeutics Welcomes Dr. Dan Weng to Its Board of Directors
Gyre Therapeutics, a biopharmaceutical company based in San Diego, California, has made a significant leadership addition. The company, committed to fibrosis-first therapies for chronic diseases, has announced the appointment of Dr. Dan Weng, M.D., to its Board of Directors. This move is intended to enhance Gyre's strategic direction and foster its ongoing evolution.
Dr. Dan Weng's Background and Experience
Dr. Weng comes to Gyre with a wealth of experience in the biopharmaceutical and contract research organization sectors. He has been the President and CEO of Medelis, Inc. since 2018, leading a specialty oncology contract research organization. His prior role as Chairman, President, and CEO of EPS International Holding Co. positioned him as a key figure in overseeing growth and strategic development in Asia.
Through his leadership at various international CROs including MedPace, ICON Plc, and Quintiles, Dr. Weng has gained invaluable expertise in managing complex global clinical trials across multiple therapeutic areas. His commitment to research is underscored by his positions at renowned institutions like Harvard Medical School and the University of California.
Educational Qualifications
Dr. Weng holds an M.D. from Tongji Medical University and an M.A. in Health Planning, Policy, and Management from the University of Leeds, making him well-equipped to address the challenges and opportunities in modern biopharmaceutical development.
Strategic Insights for Gyre's Future
Ping Zhang, the Executive Chairman and Interim CEO of Gyre, expressed enthusiasm about Dr. Weng's appointment, highlighting the timing as pivotal for the company. With nearly four decades of experience, Dr. Weng's insights are expected to be instrumental as Gyre continues to expand its commercial reach and accelerate its multi-national pipeline.
Gyre Pharmaceuticals: A Commitment to Fibrosis Therapies
Gyre Pharmaceuticals, the commercial-stage wing of Gyre Therapeutics, is at the forefront of developing innovative solutions for organ fibrosis. The company’s flagship product, ETUARY (Pirfenidone capsule), was the first treatment for Idiopathic Pulmonary Fibrosis (IPF) approved in the PRC back in 2011 and has garnered a strong market position with 2024 net sales reaching $105 million.
In addition to ETUARY, Gyre is advancing promising candidates like Hydronidone, which recently showed statistically significant advancements in treating chronic hepatitis B-associated liver fibrosis in a pivotal Phase 3 clinical trial. With regulatory recognition, Hydronidone received Breakthrough Therapy designation, signaling its critical importance in the therapeutic landscape.
Expanding the Pipeline
As part of its ongoing commitment to tackle fibrosis across various conditions, Gyre is actively developing treatments for chronic diseases such as Parkinson's Disease, Diabetic Kidney Disease, and Chronic Obstructive Pulmonary Disease, among others. This extensive pipeline exemplifies Gyre's dedication to innovation and patient care.
Focus on Liver Fibrosis and Future Directions
Headquartered in San Diego, Gyre Therapeutics focuses heavily on the development of Hydronidone as a treatment for liver fibrosis, including the navigation of complicated conditions like Metabolic Dysfunction-Associated Steatotic Liver Disease (MASH). Gyre’s strategy is underpinned by its expertise in mechanistic studies and clinical trials targeting liver related issues.
The company is also progressing on various initiatives in the People’s Republic of China, leveraging its controlling interest in Gyre Pharmaceuticals to ensure a robust developmental framework for its product pipeline, including therapeutic expansions and innovative programs.
For Investor Inquiries
To learn more about Gyre Therapeutics and its initiatives, investors are encouraged to reach out to:
David Zhang
Gyre Therapeutics
david.zhang@gyretx.com
Frequently Asked Questions
Who is Dr. Dan Weng?
Dr. Dan Weng is a seasoned leader in the biopharmaceutical industry, now serving on the Board of Directors for Gyre Therapeutics, bringing nearly four decades of experience.
What is Gyre Therapeutics focused on?
Gyre Therapeutics is committed to developing and commercializing innovative therapies for organ fibrosis and chronic diseases.
What are Gyre's key products?
Gyre's flagship product is ETUARY (Pirfenidone capsule), the first approved treatment for IPF in the PRC.
What significant achievements does Hydronidone have?
Hydronidone has received Breakthrough Therapy designation and showed promising results in Phase 3 trials for liver fibrosis.
How can investors learn more about Gyre Therapeutics?
Investors can contact David Zhang via email at david.zhang@gyretx.com for inquiries.
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