CNS Protein Therapeutics, Inc., a privately held biotechnology company developing first-in-class disease–modifying treatments that address the underlying cause of cell death associated with a wide range of diseases, has completed a corporate name change to Amarantus Therapeutics, Inc. (“Amarantus”) and appointed prominent biotechnology industry executive, Martin D. Cleary, as Chief Executive Officer. Mr. Cleary succeeds Co-founder Gerald E. Commissiong, who has served as CEO since 2008.
Mr. Commissiong, who will remain with Amarantus as Chief Business Officer, commented, “Derived from the Latin ‘amarantus’, our corporate name means ‘one that does not wither’.” The rebranding and new leadership reflect the Company’s new strategy to apply its proprietary platform technology to develop its first novel high-potential drug candidate AMRS001 to address the apoptotic pathway associated with a wide range of diseases. AMRS001 is a highly potent growth factor in development for the treatment of Parkinson’s disease and Myocardial Infarction.
Mr. Cleary brings nearly three decades of leadership and operational experience in established and early stage biotech companies to Amarantus. He has a history of consistently delivering financial returns to investors. Most recently, he served as President & CEO of Juvaris BioTherapeutics, Inc., a vaccine company that he founded in 2003. Previously, Mr. Cleary was President, CEO & Director of Genteric, Inc; President, CEO & Co-founder of CardioGene Therapeutics; President, CEO & Co-founder of Theragen; Group Vice President & CFO of Cytogen Corp; and Vice President of Operations at Johnson & Johnson’s IOLab.