Healthcare >> CEO Interviews >> October 17, 2003

Frank Pilkiewicz – Transave Inc

FRANK G. PILKIEWICZ is President, Chief Executive Officer and Founder of Transave, Inc., and the inventor of the company's SLIT_ technology. He has over 25 years experience in the biotechnology/pharmaceutical industry. His industrial career began at the Squibb Institute for Medical Research where he worked directly with Sir Richard Sykes in Squibb's infectious disease program. He played a key role in establishing a new line of antibiotics, the Monobactams, for Squibb. He was the Vice President of Research and Development for The Liposome Company, and is credited with building a successful R&D program there that included the development and commercialization of the company's first product, liposomal amphotericin B (Abelcet') for fungal infections and its subsequent product for breast cancer, liposomal Doxorubicin (Myocet'). At The Liposome Company, he played a key role in identifying, establishing and managing R&D partnerships with large pharmaceutical companies. He also served as the company lead technical spokesman and helped raise financing in the public markets. He is the former Chief Scientific Officer of OncoTherapeutics, a privately held biotechnology company that was focused on an immunological approach to cancer therapy using lipid/liposome-based pharmaceutical and biologics, including vaccines. In three years he took OncoTherapeutics from a virtual status to a company having an experienced staff of professionals with three R&D programs in human clinical studies that was successfully merged with Biomira. At OncoTherapeutics, he was directly involved in raising venture capital financing, and played a key role in identifying the eventual merger partner for the company, as well as identifying the eventual corporate partner for the merged companies. His early focus at Transave was in the initial startup, the raising of the Series A financing of the company, the recruitment of the management team and the startup of the company's SLIT chemotherapeutic and antibiotic projects. His work is currently centered on enhancing the company's value through the development of its own products. This is initially being accomplished via the products studies in human clinical trials and, by the establishment of partnerships and licensing agreements with pharmaceutical and biotechnology companies that are either interested in licensing Transave's products or in licensing Transave's SLIT technology for the development of the partner's products. He recently raised $14 million in a Series B financing which will be used to take the company's SLIT chemotherapeutic and antibiotic products through Phase II clinical studies. Profile
TWST: Could we start out with a quick history and an overview of

Transave?

Dr. Pilkiewicz: I'm actually the Founder of Transave and the technology

of Transave is an idea I've had for a long