May 28 2024Exonate Ltd. Rafiq brings extensive expertise in ophthalmology, specifically within the diabetic eye disease sector, from his years in global pharmaceutical businesses. The appointment further strengthens the Board of Directors as the Company continues to develop its lead candidate for diabetic eye disease, EXN407, toward Phase IIb clinical trials.
Rafiq has a proven record of success in the global pharmaceutical industry and is currently CEO of Complement Therapeutics, which focuses on developing next-generation complement medicines. In addition to his role at Complement, Rafiq holds Board and advisory roles at Oxular and BioGeneration Ventures.
Exonate’s lead candidate EXN407, small molecule SRPK1 inhibitor, is in development as a world first topical therapy for diabetic eye diseases such as diabetic retinopathy and diabetic macular oedema. Exonate plans to progress EXN407 to a CLEAR-DM Phase IIb clinical trial in 2024. We’re pleased to welcome Dr Hasan to Exonate’s Board as Non-Executive Director. Rafiq’s years of expertise in diabetic eye disease, as well as treatment strategies across all stages of eye disease progression, will be invaluable to Exonate as we continue to develop our lead candidate through the clinic.