Nutent Therapeutics, Inc. was incorporated in January, 2017 in the state of Delaware as a C-corporation. It will be located in Boca Raton, Florida and was formed through a spin-off from Levolta Pharmaceuticals, Inc. The Company has three founders: Richard P. Becker Jr. (CEO of Levolta and Nutent), Ketan Desai (CMO of Levolta) and Renee Stewart (CSO of Levolta). All three of the founders also represent the current shareholders within the Company.
The Company is currently in the pre-revenue phase though anticipates the commercial launch of VOLT03 in Q4 2017. Revenues will be reinvested towards driving key milestones and business development for the Company. VOLT03 was in-licensed from Levolta Pharmaceuticals, Inc. in April 2017.
Nutent will be the first company to promote their nutraceutical portfolio through the support of clinical trials. The clinical data will not only support label promotional claims in the U.S. but also required for approval in International markets. Mr. Becker has a wealth of experience in various aspects of the pharmaceutical industry including 20 years in commercializing products as an ex-ecutive for companies such as BASF, Bayer, Merck and Novartis.
Nutent is currently engaged in a seed funding round with a $500K target raise to be used for commercialization of VOLT03 in OTC markets.
Chief Executive Officer
Richard P. Becker Jr, R.Ph., M.B.A.
Mr. Becker was appointed to his current position in January, 2017 and has more than 20 years of experience in the pharmaceutical and biotechnology industry. Mr. Becker has successfully led large, medium and entrepreneurial companies to substantial growth in fiercely competitive markets. He is currently the CEO of Levolta Pharmaceuticals, a clinical-stage company with a phase III product targeting knee osteoarthritis. During his career, he has assumed progressive commercial leadership roles for Alcon, Merck, Novartis, OSI Pharmaceuticals, Bayer and BASF. He has launched six products, commercially developed three others, built organizations and obtained investor financing as a senior-level executive. Mr. Becker received a Masters of Business Administration from Drexel University, a Bachelor of Pharmacy degree from the Philadelphia College of Pharmacy & Sciences and has completed an Executive Management Program at the University Of Pennsylvania’s Wharton Business School.
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Nutent Therapeutics will commercialize pharmaceutical-grade products that will be differentiated through successful clinical trials across multiple therapeutic areas.