Orphan
Therapeutics, LLC is a privately held, virtual drug development
company. It was founded in mid 2003 by Peter Teuber, Ph.D. with
the initial purpose to develop and seek FDA approval for its first
product, LUCASSIN® (terlipressin), for the treatment of Hepatorenal
Syndrome (HRS) type 1 in the US. |
Peter
Teuber, Ph.D. (President) has more than 20 years of experience in the
pharmaceutical industry and a proven track record of developing successful
specialty pharmaceuticals (Xeloda®, Angiomax®).
The
business model of Orphan Therapeutics, LLC is to license
niche products currently unavailable in the USA, but with proven
efficacy for high medical need indications from primarily European based
companies and develop those for FDA approval under Orphan Drug protection.
To develop such products efficiently, it is essential to keep the
internal infrastructure at a minimum by leveraging strategic partnerships
with other experienced independent pharmaceutical executives and
organizations (virtual company concept), including the out-licensing
of marketing and sales efforts post-approval. |
Peter
Teuber, Ph.D. |