DUBLIN, Ireland, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Avadel Pharmaceuticals plc (Nasdaq: AVDL), a biopharmaceutical company focused on transforming medicines to transform lives, announced today that Sev Melkonian has joined the company as Vice President of Patient Services, Distribution, and Reimbursement. Mr. Melkonian has extensive industry experience building and leading healthcare operations and patient support service teams across global healthcare and biopharmaceutical organizations.
"We are thrilled to welcome Sev to the Avadel team," said Greg Divis, Chief Executive Officer of Avadel Pharmaceuticals. "Providing comprehensive support to patients and providers and continuously improving their experience with LUMRYZ is critical to Avadel’s success. Sev’s expertise in establishing and leading patient access centers of excellence while navigating the complexities of commercializing new drugs in the rare disease space makes him uniquely qualified to accelerate LUMRYZ’s adoption as the preferred oxybate for patients and providers. His background and skillset will be invaluable as we search to replace our Chief Commercial Officer and, in parallel, continue establishing LUMRYZ’s leadership within the narcolepsy community."
Mr. Melkonian brings more than 20 years of healthcare operations and patient services leadership to Avadel. Most recently, he led Patient Access Partner Operations at Takeda Pharmaceuticals, where he directed teams in support of Takeda’s USBU Portfolio including Rare Disease Patient Services Programs. Prior to joining Takeda Pharmaceuticals, Mr. Melkonian held leadership roles within CVS Health's Pharmaceutical Purchasing Organization in the areas of Pharmaceutical Trade, Distribution and Drug Pricing. Mr. Melkonian holds an MBA from Northeastern University, an MHA from Suffolk University, and a BS in Pharmacy from the Massachusetts College of Pharmacy and Health Sciences.
“Joining Avadel at this juncture offers an exciting opportunity to build on its strong patient support foundation as the Company enters its next phase of commercial launch,” said Mr. Melkonian. “I look forward to helping narcolepsy patients and providers and optimizing their experience with LUMRYZ.”
About Avadel Pharmaceuticals plc
Avadel Pharmaceuticals plc (Nasdaq: AVDL) is a biopharmaceutical company focused on transforming medicines to transform lives. Our approach includes applying innovative solutions to the development of medications that address the challenges patients face with current treatment options. Avadel’s commercial product, LUMRYZTM, was approved by the U.S. Food & Drug Administration (FDA) as the first and only once-at-bedtime oxybate for the treatment of cataplexy or EDS in patients 7 years of age and older with narcolepsy. For more information, please visit www.avadel.com.
Investor Contact:
Austin Murtagh
Precision AQ
This email address is being protected from spambots. You need JavaScript enabled to view it.
(212) 698-8696
Media Contact:
Lesley Stanley
Real Chemistry
This email address is being protected from spambots. You need JavaScript enabled to view it.
(609) 273-3162
Last Trade: | US$8.03 |
Daily Change: | -0.12 -1.47 |
Daily Volume: | 1,063,899 |
Market Cap: | US$773.770M |
March 03, 2025 |
ClearPoint Neuro is a global therapy-enabling platform company providing stereotactic navigation and delivery to the brain. Applications of our ClearPoint Neuro Navigation System include electrode lead placement, placement of catheters, and biopsy. The platform has FDA clearance and is...
CLICK TO LEARN MORECompass Therapeutics is a clinical-stage, oncology-focused biopharmaceutical company developing proprietary antibody-based therapeutics to treat multiple human diseases. The company's scientific focus is on the relationship between angiogenesis, the immune system, and tumor growth...
CLICK TO LEARN MOREEnd of content
No more pages to load