Summary
Vanda Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of therapies to address high unmet medical needs. The company's marketed products include HETLIOZ for the treatment of non-24-hour sleep-wake disorders; and Fanapt oral tablets for the treatment of schizophrenia. Its products under development include HETLIOZ (tasimelteon) for the treatment of jet lag disorder, smith-magenis syndrome, pediatric Non-24, autism spectrum, and delayed sleep phase disorder; Fanapt (iloperidone) for the treatment of bipolar disorder and a long acting injectable formulation program for the treatment of schizophrenia; and Tradipitant (VLY-686), a small molecule neurokinin-1 receptor (NK-1R) antagonist, for the treatment of atopic dermatitis, gastroparesis, and motion sickness. The company's products under development also comprise VTR-297, a small molecule histone deacetylase inhibitor for the treatment of hematologic malignancies and with potential use as a treatment for various oncology indications; VQW-765, a small molecule nicotinic acetylcholine receptor partial agonist for the treatment of psychiatric disorders; a portfolio of cystic fibrosis transmembrane conductance regulator activators and inhibitors for the treatment of dry eye and ocular inflammation, as well as BPO-27 for the treatment of secretory diarrhea disorders, including cholera; and VHX-896, the active metabolite of iloperidone. It markets its products in the United States, Europe, and Israel. Vanda Pharmaceuticals Inc. was incorporated in 2002 and is headquartered in Washington, the District of Columbia.
History
Vanda Pharmaceuticals was founded in 2002 by Dr. Mihael H. Polymeropoulos and a team of experienced biotechnology leaders. In 2009, Vanda initiated a transformational five-year investment cycle, where it advanced from a single-product development stage to a promising mid-stage pipeline. In 2014, Vanda successfully registered and launched two innovative products, Fanapt and HetliozTM, for two debilitating disorders.
Mission
To advance the science and provide effective treatments for serious medical disorders of the central nervous system and improve the lives of patients in need.
Vision
To become a global leader in the development of therapies and products to treat neurological, psychiatric, and sleep disorders by leveraging our expertise in the therapeutic areas of neuroscience and endocrinology.
Key Team
Mr. Joakim Wijkstrom (Sr. VP & Chief Marketing Officer)
Mr. Gunther Birznieks (Sr. VP of Bus. Devel.)
Mr. Scott L. Howell (Chief People Officer)
Ms. Elizabeth Van Every (Head of Corp. Affairs)
Recognition and Awards
Vanda's leadership has been recognized by the Washington Business Journal, which awarded Mihael H. Polymeropoulos its Top CEO Award in 2012 and by the Washington Post Top Workplaces Award in 2013.
References