LB Pharmaceuticals Strengthens Board of Directors with Appointments of William Kane and Rekha Hemrajani
Globenewswire·2025-09-25 12:30

Core Viewpoint - LB Pharmaceuticals Inc has appointed William Kane and Rekha Hemrajani to its Board of Directors to enhance its strategic growth as it advances its lead product candidate, LB-102, into critical clinical trials for neuropsychiatric disorders [1][2][4] Group 1: Board Appointments - William Kane and Rekha Hemrajani bring valuable expertise in finance, business development, product commercialization, and corporate strategy to the Board [1][2] - Kane has over 30 years of biopharmaceutical leadership experience, previously holding senior roles at companies like Uniquity Bio, Anthos Therapeutics, and Pfizer, where he contributed to the success of multiple blockbuster products [2][3] - Hemrajani has held significant positions including CEO of Aravive and COO/CFO of Arcus Biosciences, and currently serves on the boards of ALX Oncology and BioAge Labs [3][4] Group 2: Product Development - LB Pharmaceuticals is advancing LB-102 into a Phase 3 clinical trial for acute schizophrenia and a Phase 2 clinical trial for bipolar depression, with the potential to be the first benzamide antipsychotic drug approved for neuropsychiatric disorders in the U.S. [1][4][5] - LB-102 is a methylated derivative of amisulpride, showing statistically significant benefits in a Phase 2 trial for acute schizophrenia, with a promising safety profile and positive effects on negative symptoms and cognition [5][6] - The company is exploring additional indications for LB-102, including major depressive disorder, Alzheimer's disease psychosis, and cognitive impairment associated with schizophrenia [6]

LB Pharmaceuticals Strengthens Board of Directors with Appointments of William Kane and Rekha Hemrajani - Reportify