Rafael Pharmaceuticals Appoints Wendy McDermott to Chief People Officer

Newark, New Jersey, UNITED STATES

Newark, NJ, Oct. 02, 2019 (GLOBE NEWSWIRE) -- Rafael Pharmaceuticals Inc. (“Rafael” or the “Company”), a leader in the growing field of cancer metabolism-based therapeutics, today announced the appointment of Wendy McDermott as Chief People Officer. McDermott joins Rafael from Sanofi, where she served as Vice President of Human Resources. The newly created position is indicative of the Company’s dedication to growth and further development of talent and company culture.

“With the recent growth of our team, our dedication to creating a strong and passionate company culture has been reinforced,” said Sanjeev Luther, President and CEO of Rafael. “Wendy brings an unparalleled track record in human resources and talent development for pharmaceutical companies. We are confident that she will help us continue to advance our highly skilled and talented team.”

McDermott has an impressive background in human resources, with more than 25 years of experience in a variety of roles, including 15 years in the pharmaceutical industry. At Sanofi, McDermott supported specialty care and medical functions in North America. She also held the position of Senior Human Resources Manager at Schering-Plough Corporation before it was acquired by Merck

About Rafael Pharmaceuticals, Inc.
Rafael Pharmaceuticals is a leader in the growing field of cancer metabolism. The company is developing a new, first-in-class category of metabolic oncology therapeutics that attack hard-to-treat cancers by targeting the metabolic processes the disease needs to survive, grow and proliferate. Rafael Pharmaceuticals’ lead compound, devimistat (CPI-613), is a highly selective, well-tolerated and effective anti-cancer agent that is being evaluated in ongoing and completed Phase 1, 2 and 3 clinical trials. Devimistat has been granted orphan drug status by the FDA for the treatment of pancreatic cancer, acute myeloid leukemia (AML), myelodysplastic syndrome (MDS) and Burkitt’s and peripheral T-cell lymphomas. The Company's investors include Rafael Holdings, Inc. (NYSE AMERICAN: RFL). For more information, please visit www.rafaelpharma.com.

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Media Contact:
Vanessa Donohue