Amylin Pharmaceuticals Appoints Vincent Mihalik Senior Vice President, Sales and Marketing and Chief Commercial Officer
Mihalik Brings Track Record for Generating Sales and Profits in the Diabetes Arena
SAN DIEGO, Jan. 26 /PRNewswire-FirstCall/ -- Amylin Pharmaceuticals, Inc.
(Nasdaq: AMLN) announced today that Vincent P. Mihalik has been appointed
Senior Vice President, Sales and Marketing and Chief Commercial Officer. Mr.
Mihalik brings more than 30 years of experience across multiple commercial
roles, including global product development, sales and sales management,
product launches and brand management. His career has focused on diabetes,
with numerous leadership roles at leading pharmaceutical companies.
Before joining Amylin, Mr. Mihalik was Vice President of Global Brand
Development Diabetes and Endocrine Platform Team Leader at Eli Lilly and
Company, where he managed the second largest therapeutic area for the company
and was responsible for product development beyond Phase 2b to launch for
lifecycle planning and commercialization. Previously, Mr. Mihalik was Business
Unit Head of Diabetes Care for Lilly U.S., where he was responsible for the
launch, sales and marketing for Actos(R) (pioglitazone), insulin injection
pens (Humulin(R), Humalog(R)) and the preparation for the launch of Cialis(R)
(tadalafil) in the U.S.
Mr. Mihalik has extensive previous experience in diabetes and has a
successful track record in leadership at a number of companies focused on
improving care for patients. These include: Roche Diagnostics Corporation
(Senior Vice President and General Manager for Lab Systems and Molecular
Biochemicals), Boehringer Mannheim Group (Executive Vice President of Human
Resources for BM Global and President Diabetes Care North America) and Baxter
Healthcare (President Scientific Products Biomedical and General Manager,
Pandex Diagnostic Research and Development Center).
"Vince brings extensive sales and marketing expertise in the area of
diabetes, and has a proven track record for increasing sales and profits. He
is a seasoned professional who has successfully managed multiple new product
launches," said Daniel M. Bradbury, President and Chief Executive Officer,
Amylin Pharmaceuticals. "Vince will add significant value to Amylin as we
look to grow BYETTA and SYMLIN revenue and finalize our commercial plans for
exenatide once weekly. As an integral part of our executive committee, we look
forward to the strategic contributions Vince will make, as well as the fresh
perspective he will bring during this exciting time."
Mr. Mihalik will oversee marketing and sales for Amylin's two marketed
products, BYETTA(R) (exenatide) injection and SYMLIN(R) (pramlintide acetate)
injection, as well as the launch and commercialization of exenatide once
weekly, Amylin's lead development compound. He will become a member of
Amylin's executive committee.
About Amylin Pharmaceuticals
Amylin Pharmaceuticals is a biopharmaceutical company committed to
improving lives through the discovery, development and commercialization of
innovative medicines. Amylin has developed and gained approval for two first-
in-class medicines for diabetes, SYMLIN(R) (pramlintide acetate) injection and
BYETTA(R) (exenatide) injection. Amylin's research and development activities
leverage the Company's expertise in metabolism to develop potential therapies
to treat diabetes and obesity. Amylin is headquartered in San Diego,
California. Further information on Amylin Pharmaceuticals is available at
http://www.amylin.com.
This press release contains forward-looking statements about Amylin. The
Company's actual results could differ materially from those discussed in this
press release due to a number of risks and uncertainties, including risks that
BYETTA and SYMLIN, and the revenues we generate from these products, may be
affected by competition, unexpected new data, technical issues, or
manufacturing and supply issues; and risks that our NDAs for product
candidates, such as exenatide once weekly, may not be submitted timely or
receive FDA approval. These and other risks are more fully described in the
Company's recently filed Form 10-Q. Amylin disclaims any obligation to update
these forward-looking statements.