ALPHARETTA, Ga., Nov. 08, 2016 (GLOBE NEWSWIRE) -- Clearside Biomedical, Inc. (NASDAQ:CLSD), a late-stage clinical biopharmaceutical company developing first-in-class drug therapies to treat blinding diseases of the eye, today announced that Rick McElheny has been named Vice President, Business Development.
Mr. McElheny is a highly accomplished executive with expertise in business development, finance, market research, strategic planning, and supply chain management within the specialty pharmaceutical industry. Most recently, he served as Senior Vice President of Corporate Development at Sarvint Technologies. Prior to Sarvint, Mr. McElheny founded and served as Vice President of Corporate Development and Supply Chain at Vidara Therapeutics. He has also held roles in business development, market research and supply chain management at Meda Pharmaceuticals, Schering-Plough, and Johnson & Johnson. In Mr. McElheny’s role as Vice President, Business Development, he will be responsible for Clearside’s business development outreach, continuing existing collaborations and establishing new collaborations for Clearside’s product candidates and programs.
“I am delighted to have someone with Rick’s caliber join the Clearside team to build out future collaborations with innovative companies as we seek to develop transformative, elegant, precise solutions to restore and preserve vision,” said Daniel White, President and Chief Executive Officer of Clearside Biomedical. “Rick is an accomplished professional in developing partnerships that enhance shareholder value and I am confident he will do the same at Clearside.”
About Clearside Biomedical, Inc.
Clearside Biomedical, Inc., headquartered in Alpharetta, GA, is a publicly traded, ophthalmic biopharmaceutical company that envisions a world without blindness. Clearside relentlessly pursues transformative, elegant, precise solutions to restore and preserve vision. Clearside is developing advanced clinical and pre-clinical product candidates using a proprietary treatment approach offering unprecedented access to the back of the eye through the suprachoroidal space (SCS™). This offers potentially significant treatment to patients suffering from sight threatening diseases like uveitis, retinal vein occlusion, wet age-related macular degeneration and diabetic macular edema. To learn more about how Clearside is changing ophthalmology, please visit us at www.clearsidebio.com
