LB Pharmaceuticals Appoints Kaya Pai Panandiker as Chief Commercial Officer
Globenewswire·2025-11-12 13:00

Core Insights - LB Pharmaceuticals has appointed Kaya Pai Panandiker as Chief Commercial Officer, bringing over 20 years of global biopharmaceutical experience, particularly in neuroscience commercialization [2][3][4] Company Overview - LB Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing novel therapies for schizophrenia, bipolar depression, and other neuropsychiatric diseases [6] - The company is advancing its lead product candidate, LB-102, which is a Phase 3-ready oral small molecule and a methylated derivative of amisulpride [5][6] Product Development - LB-102 has shown positive results in a Phase 2 trial for acute schizophrenia, demonstrating statistically significant benefits versus placebo and a potentially class-leading safety profile [5] - The company plans to advance LB-102 into a Phase 3 clinical trial for acute schizophrenia and a Phase 2 trial for bipolar depression, with potential expansion into other neuropsychiatric disorders [5][6] Leadership Impact - Kaya Pai Panandiker's experience includes leadership roles at Neumora Therapeutics and Cerevel Therapeutics, where she oversaw successful product launches and achieved blockbuster sales in neuropsychiatry [3][4] - The CEO of LB Pharmaceuticals expressed confidence that Ms. Pai Panandiker's expertise will be crucial in maximizing the potential of LB-102 and driving long-term value creation for the company [3]