Blue Water Vaccines Announces Appointment of Seasoned Public Market and Private Equity Investment Leader Timothy Ramdeen to Board of Directors
January 17 2023 - 08:30AM
GlobeNewswire Inc.
Blue Water Vaccines Inc. (“BWV” or “Blue Water Vaccines” or the
“Company”), a biopharmaceutical company developing transformational
vaccines to address significant global health challenges, today
announced the appointment of Timothy Ramdeen, seasoned public
market and private equity investment leader, to its board of
directors.
Mr. Ramdeen has nearly a decade of experience in private equity
and hedge fund investing, capital markets, and company formation.
Since June 2022, Mr. Ramdeen has been founder and managing partner
of Dharma Capital Advisors, an investment and advisory firm focused
on early-stage private and public companies. From March 2021 to
March 2022, Mr. Ramdeen was co-founder, chief investment officer,
and portfolio manager at Sixth Borough Capital Management, a
multi-stage, event-driven hedge fund focused on both private and
public equities.
Since 2022, Mr. Ramdeen has been the co-founder of Amplexd
Therapeutics, which is a women’s health/biotechnology company
focused on providing low-cost, effective, safe and accessible
treatments for early cervical and HPV-related cancers worldwide.
Mr. Ramdeen also serves as a corporate advisor/board member to
multiple early-stage companies and investment funds.
Previously, Mr. Ramdeen was the fifth hire at Altium Capital
Management (“Altium”), a healthcare-focused investment firm, where
from July 2019 to March 2021 he served as the sole investment
analyst on the private capital markets/special situations desk
(privately-negotiated financings, direct investments, event-driven
long/short, and private to public investments in micro and
small-cap companies). During his tenure at Altium, Mr. Ramdeen
was instrumental in co-creating the firm’s SPAC and reverse merger
investment efforts and establishing extensive relationships with
sell-side constituents, buy-side counterparts, and hundreds of
private and publicly traded companies across biotechnology,
therapeutics, healthcare services, medical devices and medtech.
Mr. Ramdeen received his B.S. in Biology from Temple University,
where he conducted scientific research across neurology, oncology,
and developmental biology. In addition, Mr. Ramdeen earned his MBA
in Finance from NYU Stern School of Business.
“With his extensive experience in capital advisement and company
development, specifically within the life science industry and for
publicly traded companies, we are delighted to welcome Mr. Ramdeen
to the BWV board of directors,” said Joseph Hernandez, Chairman and
Chief Executive Officer of BWV. “As BWV continues to grow and
establish our footprint in the biotechnology landscape, we are
confident that Mr. Ramdeen will greatly contribute to that
success.”
About Blue Water Vaccines
Blue Water Vaccines Inc. is a biopharmaceutical company focused
on developing transformational vaccines to address significant
health challenges globally. Headquartered in Cincinnati, OH, the
company holds the rights to proprietary technology developed at the
University of Oxford, Cincinnati Children’s Hospital Medical
Center, St. Jude Children’s Hospital, and The University of Texas
Health San Antonio. The Company is developing a universal flu
vaccine that will provide protection from all virulent strains in
addition to licensing a novel norovirus (NoV) S&P nanoparticle
versatile virus-like particle (VLP) vaccine platform from
Cincinnati Children’s to develop vaccines for multiple infectious
diseases, including norovirus/rotavirus and malaria, among others.
Additionally, Blue Water Vaccines is developing a Streptococcus
pneumoniae (pneumococcus) vaccine candidate, designed to
specifically prevent the highly infectious middle ear infections,
known as Acute Otitis Media (AOM), in children, and prevention of
pneumonia in older people at risk for contracting pneumococcal
pneumonia, a significant unmet medical need. The advantage of this
technology includes a serotype independent mucosal immunity that
prevents colonization in the upper respiratory tract as well as
systemic immunity that can confer serotype independent against
invasive pneumococcal disease. The Company is also developing a
Chlamydia vaccine candidate with UT Health San Antonio to prevent
infection and reduce the need for antibiotic treatment associated
with contracting Chlamydia disease. For more information, visit
www.bluewatervaccines.com.
Forward-Looking Statements
Certain statements in this press release are forward-looking
within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements may be identified by the use of
forward-looking words such as “anticipate,” “believe,” “forecast,”
“estimate,” “expect,” and “intend,” among others. These
forward-looking statements are based on BWV’s current expectations
and actual results could differ materially. There are a number of
factors that could cause actual events to differ materially from
those indicated by such forward-looking statements. These factors
include, but are not limited to, risks related to the development
of BWV’s vaccine candidates; the failure to obtain FDA clearances
or approvals and noncompliance with FDA regulations; delays and
uncertainties caused by the global COVID-19 pandemic; risks related
to the timing and progress of clinical development of our product
candidates; our need for additional financing; uncertainties of
patent protection and litigation; uncertainties of government or
third party payor reimbursement; limited research and development
efforts and dependence upon third parties; and substantial
competition. As with any vaccine under development, there are
significant risks in the development, regulatory approval and
commercialization of new products. BWV does not undertake an
obligation to update or revise any forward-looking statement.
Investors should read the risk factors set forth in BWV’s
Registration Statement on Form S-1, filed with the Securities and
Exchange Commission (the “SEC”) on August 29, 2022 and periodic
reports filed with the SEC on or after the date thereof. All of
BWV’s forward-looking statements are expressly qualified by all
such risk factors and other cautionary statements. The information
set forth herein speaks only as of the date thereof.
Media Contact Information:Blue Water Media
RelationsTelephone: (646) 942-5591 Email:
Nic.Johnson@russopartnersllc.com
Investor Contact Information:Blue Water Investor RelationsEmail:
investors@bluewatervaccines.com
Blue Water Vaccines (NASDAQ:BWV)
Historical Stock Chart
From Feb 2023 to Mar 2023
Blue Water Vaccines (NASDAQ:BWV)
Historical Stock Chart
From Mar 2022 to Mar 2023