Momenta Pharmaceuticals Appoints Matthew P. Ottmer as Chief Operating Officer
December 07 2015 - 10:30AM
Momenta Pharmaceuticals, Inc. (Nasdaq:MNTA), a biotechnology
company specializing in the characterization and engineering of
complex drugs, today announced the appointment of Matt Ottmer as
Chief Operating Officer. Mr. Ottmer will oversee the operational
management of strategic product development, research, clinical
development, pharmaceutical sciences and commercial activities. Mr.
Ottmer will report directly to Craig Wheeler, Momenta’s President
and Chief Executive Officer, and will serve as a member of the
Executive Committee.
“Matt joins Momenta after a successful 16 year
career at Biogen, Inc. where he was directly involved in the
company’s global operations, business planning, organizational
development and finances,” said Craig Wheeler, President and CEO,
Momenta Pharmaceuticals. “Our team will greatly benefit from Matt’s
deep cross-functional leadership and operations expertise as we
continue to advance our biosimilar and novel drug programs toward
commercialization in the coming years.”
Mr. Ottmer most recently served as Senior Vice
President, Strategy & Emerging Businesses at Biogen, Inc. where
he led cross-functional assessment, prioritization, and
implementation planning across a broad range of value-creating
opportunities including internal capability building, alliances and
in-licenses, and mergers and acquisitions. Before his promotion to
Senior Vice President, Mr. Ottmer held positions of increasing
responsibility at Biogen from 1999 to 2015 including Head of
Tysabri Business, Chief of Staff to the CEO, President of Syntonix
Pharmaceuticals, Inc. (a wholly owned subsidiary of Biogen), and
Vice President, Global Operations. He received a Bachelor of Arts
degree in political science from the University of Michigan and a
Master’s in Business Administration from Northwestern University’s
Kellogg School of Management.
About Momenta
Momenta Pharmaceuticals is a biotechnology
company specializing in the detailed structural analysis of complex
drugs and is headquartered in Cambridge, MA. Momenta is
applying its technology to the development of generic versions of
complex drugs, biosimilar and potentially interchangeable
biologics, and to the discovery and development of novel
therapeutics for oncology and autoimmune indications.
To receive additional information about Momenta,
please visit the website at www.momentapharma.com, which does
not form a part of this press release.
Our logo, trademarks, and service marks are the
property of Momenta Pharmaceuticals, Inc. All other trade names,
trademarks, or service marks are property of their respective
owners.
Forward Looking Statements
Statements in this press release regarding
management's future expectations, beliefs, intentions, goals,
strategies, plans or prospects, are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including but not limited to statements about Mr. Ottmer
improving efficiencies within the Company’s operations team and
benefitting the Company. Forward-looking statements may be
identified by words such as "anticipate," "believe," "continue,"
"could," "hope," "target," "project," "goal," "objective,"
"guidance," "plan," "potential," "predict," "might," "estimate,"
"expect," "intend," "may," "seek", "should," "will," "would," "look
forward" and other similar words or expressions, or the negative of
these words or similar words or expressions. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors, including those referred to under the section "Risk
Factors" in the Company's Quarterly Report on Form 10-Q for the
quarter ended September 30, 2015, filed with the Securities and
Exchange Commission, as well as other documents that may be filed
by the Company from time to time with the Securities and Exchange
Commission. As a result of such risks, uncertainties and factors,
the Company's actual results may differ materially from any future
results, performance or achievements discussed in or implied by the
forward-looking statements contained herein. The Company is
providing the information in this press release as of this date and
assumes no obligations to update the information included in this
press release or revise any forward-looking statements, whether as
a result of new information, future events or otherwise.
INVESTOR CONTACT:
Sarah Carmody
Momenta Pharmaceuticals
1-617-395-5189
IR@momentapharma.com
MEDIA CONTACT:
Karen Sharma
MacDougall Biomedical Communications
1-781-235-3060
Momenta@macbiocom.com
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