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ProPhase Labs hires Dr. Matthew Halpert to Drive Company’s Key Therapeutic and Diagnostic ...

By ProPhase Labs, Inc. - May 08, 2023, 08:34 AM ET
Last Updated - Aug 09, 2024, 01:56 AM EDT
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ProPhase Labs, Inc. (Nasdaq: PRPH) (“ProPhase”) is a next-generation biotech, genomics and diagnostics company. Our goal is to create a healthier world with bold action and the power of insight. We’re revolutionizing healthcare with industry-leading Whole Genome Sequencing solutions, while developing potential game changer diagnostics and therapeutics in the fight against cancer

ProPhase Labs, Inc. (NASDAQ: PRPH), a next generation biotech, genomics and diagnostics company, today announced that Dr. Matthew Halpert has been hired as a full-time consultant to drive the Company’s key therapeutic and diagnostic programs forward which will comprise the backbone of ProPhase’s efforts in both advanced cancer therapeutics and targeted cancer diagnostics

GARDEN CITY, NY, May 08, 2023 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ: PRPH), a next generation biotech, genomics and diagnostics company, today announced that Dr. Matthew Halpert has been hired as a full-time consultant to drive the Company’s key therapeutic and diagnostic programs forward which will comprise the backbone of ProPhase’s efforts in both advanced cancer therapeutics and targeted cancer diagnostics.

Dr. Halpert will assist with several ongoing programs at ProPhase BioPharma (PBIO) including Linebacker-1 initiatives as a cancer mono-therapy as well as to be developed as a potential co-therapy with multi-billion-dollar drugs like Doxorubicin. LB-1 is currently going into xenograft (mouse) studies in collaboration with the Dana Farber Cancer Institute and Harvard University scientists with the goal of completing a Phase 1 human clinical trial in 2024. Dr. Halpert will also assist with the BE-Smart Esophageal Cancer Test that is expected to advance into validation studies by Q4 2023 for research use only (RUO) testing and broad commercialization with CPT codes in early 2024. Dr. Halpert will work closely with our ProPhase team in finalizing human clinical trials for Equivir, a broad-based anti-viral to be marketed as a dietary supplement that is expected to be commercialized by Q4 2023. Dr. Halpert will also assist the ProPhase team on other new and exciting programs which will be announced at a later date as they advance in pre-clinical testing.

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Dr. Matthew Halpert, Ph.D. earned his doctorate at the University of Alabama-Birmingham (UAB), and then spent 10 years at Baylor College of Medicine in Houston as a cancer immunologist. His research in the space of ‘immunity’ and ‘novel cancer treatments’ lead to several peer-reviewed publications and book chapters, hundreds of citations, a variety of patents, positions on multiple charitable boards, and establishment as one of the leading experts regarding cutting-edge mechanistic science as it pertains to the treatment of cancer. While an academic researcher, he launched both a Cancer focused charity and a Cancer Research company which has taken some of the most advanced immunotherapy unique to Dr. Halpert’s research into several FDA clinical trials, all of which are currently showing signs of significance. As an efficient, motivated, science-business hybrid with demonstrated experience in taking forward-thinking academic discoveries into the FDA pathways in commercially viable spaces, Dr. Halpert left academia to further assist in bridging the gap between “solid, foundational science” and “clinical applicability.” In that vein, Dr. Halpert has joined the Company to expedite multiple innovative technologies towards approved, practical inclusion in the clinic where people in need will truly see their lives transformed.

“Having started several oncology focused companies, Dr. Halpert is perfectly qualified to help ProPhase develop Linebacker-1 as both a mono-therapy and co-therapy in several difficult to treat cancers,” commented Ted Karkus, CEO of ProPhase Labs.” “Dr. Halpert will be a key participant in trial design, regulatory preparation and the potential commercialization of numerous therapeutic products at the Company. Dr Halpert has both the expertise and experience to assist and guide PBIO assets through all regulatory steps toward commercialization.”

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