STAMFORD, Conn., Jan. 28, 2021 /PRNewswire/ — ApiJect Systems, Corp, a public benefit corporation based in Stamford, CT., announced today the creation of its new Leadership Advisory Board, along with the appointment of the Board’s initial six outside members. They will join ApiJect’s co-founder and Chairman, Jay Walker, and company CEO, Franco Negron, on this new Board. Mr. Walker and Mr. Negron will serve as ex-officio board members.
ApiJect Systems, Corp., is a global injectable technology company. The company is building the world’s largest pharmaceutical fill and finish manufacturing facilities in Durham, North Carolina’s Research Triangle Park. The ApiJect campus is projected to produce up to 3 billion doses annually of injectable medicines. ApiJect has also built, using a $138 million grant from the U.S. Department of Defense and the Department of Health and Human Services, an emergency manufacturing capacity in Columbia, South Carolina to produce monthly up to 45 million single-dose prefilled syringes.
ApiJect’s new Leadership Advisory Board members are:
ApiJect CEO, Franco Negron commented: “ApiJect is indeed privileged to welcome its first members of our Leadership Advisory Board. We see this Board as an essential part of our company’s mission to be world leaders in the technological advancement of injectable devices. These are individuals who dream big and seek aggressive change in global and U.S. public health.”
Mr. Negron continued: “In Rueben Stokes, we have a Fortune 500 veteran who knows global sales and how to navigate access to new markets. Rueben’s work on behalf of diversity, equity and inclusion also gives ApiJect a powerful voice supporting a value system and culture that will help us attract and retain a workforce with pride in our company and its mission. Dr. Marietta Vazquez brings to us a deep and wide-ranging perspective on public health. Her unique combination of expertise in clinical epidemiology of infectious diseases and a decade long public health collaboration with the Dominican Republic adds to ApiJect’s understanding of working in regions and communities with limited resources and underdeveloped health networks and infrastructure.”
ApiJect Chairman, Jay Walker commented: “Companies always benefit when they look beyond their day-to-day management team for additional leadership and strategic guidance and advice. Our Leadership Advisory Board has been created in recognition that identifying and associating with independent advisors with wide-ranging expertise and experience will be a significant asset for our company.”
Mr. Walker continued: “In Professor Heidi Larsen our Board has one of the world’s most recognized experts on vaccine hesitancy. Her work with the WHO, the European Union, FDA, and other global health agencies in the design and support of vaccination campaigns will inform ApiJect as we seek to establish our role in global health. Dr. Regina Benjamin is an American original. Her passion for improving access to quality health care for all Americans has taken her from service at the highest levels of our federal government, as our nation’s 18th Surgeon General, to her work supporting community health needs. Dr Ed Kelley and Dr Michael Free are two of the world’s leading experts on global health. Ed created the WHOs first public-private collaboration working directly with the pharmaceutical and the medical device industries to improve health services and patient safety. Michael helped pioneer the operating model of nonprofits in public and global health working cooperatively with private enterprise.”
About ApiJect Systems, Corp.
ApiJect Systems, Corp., is a global medical injectable technology company that seeks to change how medicines and vaccines are packaged and delivered to the world. Its platform is centered around the combination of two globally trusted technologies: pen needle-style hubs and Blow-Fill-Seal drug packaging, or BFS for short. The ApiJect platform’s first device, the Prefilled Injector, allows a healthcare professional to twist on an IM Needle Hub onto a BFS prefilled container, creating a simple, safe and convenient-to-use prefilled injector that reliably delivers a single dose of medicine or vaccine.
The ApiJect team is led by a seasoned group of senior employees in pharma management, operations, engineering, production, quality and sales.
By creating a domestic and global network of partners that can package medicines and vaccines in BFS containers at high-speed, and providing them with interlocking Needle Hubs, the ApiJect platform can potentially supply healthcare markets with billions of single dose, ready-to-use prefilled injectors. ApiJect, along with the U.S. Department of Health and Human Services, is a founding member of the RAPID Consortium, a public-private partnership dedicated to giving the U.S. and the world the surge drug packaging capacity it needs for addressing future pandemics and bio-emergencies.
ApiJect was awarded a $138 million contract from the Department of Defense, in collaboration with the U.S. Department of Health and Human Services, to create a high-volume domestic capacity to supply prefilled injectors. The U.S.-based capacity ApiJect has built through this emergency program aims to provide approximately 45 million prefilled injectors per month to America’s population through 2021.
ApiJect has also recently been approved by the U.S. International Development Finance Corporation for a $590 million loan to construct a multi-facility campus enabling the U.S. to more quickly package high volumes of injectable medicines and vaccines in the event of a national emergency, beginning with COVID-19. Located in Research Triangle Park, North Carolina, this 1.2 million square foot campus will be home to the ApiJect Gigafactory, featuring one of the world’s largest pharmaceutical fill-finish facilities, which is expected to have an annual production capacity of up to 3 billion single-dose prefilled injectors. Learn more about ApiJect at www.apiject.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included in these materials that address activities, events or developments that ApiJect expects, believes or anticipates will or may occur in the future are forward-looking statements. The words “believe”, “expect”, “may”, “estimates”, “will”, “anticipate”, “plan”, “intend”, “foresee”, “should”, “would”, “could”, or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. However, the absence of these words does not mean that the statements are not forward looking. Without limiting the generality of
the foregoing, forward-looking statement contained in this press release specifically include the expectations of plans, strategies, and objectives of ApiJect. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of ApiJect, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements.
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SOURCE ApiJect Systems Corp.
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