President and Chief Executive Officer, Co-Founder
Mr. Kiritsy is a co-founder and President and Chief Executive Officer of the Company and has served as a Director since inception. Mr. Kiritsy is a seasoned entrepreneur, who possesses 20+ years of business and technical experience, previously holding senior management positions in R&D, business development and finance. At Arisaph, Mr. Kiritsy has evolved the organization from an academic, research orientation to a clinical development enterprise with a rich research pipeline, which led to one of the highest awards from the U.S. government’s Therapeutics Discovery Project Program totaling nearly $3 million with all 12 projects funded. Additionally, Mr. Kiritsy has executed multiple business development transactions, leveraging Arisaph’s strong IP to raise in excess of 70% of its total capital from non-dilutive sources.
Prior to Arisaph, Mr. Kiritsy served as Executive Vice President, Corporate Development and Chief Financial Officer of Kos Pharmaceuticals, Inc., where he played a central role in building the company from start-up to highly profitable, 1,200 person publicly traded enterprise. During his tenure at Kos, Mr. Kiritsy raised approximately $500 million in public equity capital, including Kos’ IPO, and spearheaded in excess of 10 major corporate development transactions. He also played a key operating role in building Kos’ highly successful Niaspan® franchise and in delivering financial results that consistently exceeded Wall Street expectations. In 2005, Fortune Magazine ranked Kos the fastest growing pharmaceutical company in the U.S. and, in 2006, Kos was acquired by Abbott Laboratories for ~$4 billion.
Prior to Kos, Mr. Kiritsy served as Associate Director of Product Development at the Institute of Molecular Biology, a private biotechnology company, where he co-authored several publications in various scientific journals. Mr. Kiritsy received an A.B. from Bowdoin College in Biology and an M.B.A. from Boston University.