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New American Therapeutics

Biotech & Life Sciences · Parsippany-Troy Hills, United States · Founded 2010

A privately held, specialty pharmaceutical company that acquires, markets and develops products in select therapeutic areas MoreLess

New American Therapeutics, Inc. operates as a specialty pharmaceutical company, focusing on the acquisition, development, and commercialization of therapeutic products. Founded in October 2010 by veteran pharmaceutical executives Alan L. Rubino and Timothy G. Rothwell, the company was established to create an agile business model capable of navigating the dynamic healthcare market. Rubino, a former senior executive at Hoffmann-La Roche, serves as the CEO and President, while Rothwell, previously the Chairman, CEO, and President of sanofi-aventis U.S., acts as the company's Chairman. Their extensive industry experience forms the foundation of the company's strategy.

The company's business model centers on acquiring and marketing products for specific physician specialties and associated patient needs. A significant milestone early in its history was the acquisition of the U.S. rights to manufacture, market, and sell Denavir®, a topical antiviral drug for cold sores, from Novartis in October 2010. This acquisition provided a solid financial base for the company. More recently, in April 2022, New American Therapeutics sold the U.S. rights for TOPROL-XL®, a beta-blocker for cardiovascular conditions, to Melinta Therapeutics. This product, indicated for hypertension, angina pectoris, and heart failure, had been a key part of their portfolio. The company's lead product is now in the cardiovascular area.

The current leadership includes CEO Michael Anderson, a 40-year veteran of the pharmaceutical industry, and COO Phillandas Thompson, who has 18 years of experience in the sector. Anderson previously founded Eclat Pharmaceuticals and served as CEO of Avadel Pharmaceuticals. Thompson has held senior legal and strategic roles at companies like Avadel Pharmaceuticals and West-Ward Pharmaceutical. New American Therapeutics is a privately held company and received initial funding through a partnership with Deerfield Management Company, L.P. Keywords: specialty pharmaceutical, drug commercialization, cardiovascular drugs, therapeutic products, pharmaceutical acquisition, Denavir, TOPROL-XL, Alan L. Rubino, Timothy G. Rothwell, Michael Anderson, Phillandas Thompson, Deerfield Management, drug marketing, pharmaceutical business model, branded products, antiviral drugs, beta-blockers, hypertension treatment, angina treatment, heart failure medication

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1 investor on New American Therapeutics's cap table

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Series B+ 1 investor entered at this stage
Deerfield

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🇺🇸 United States · Parsippany-Troy Hills HQ
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