- Brings significant experience in successfully commercializing novel products in both the pharmaceutical and technology industries
- Will drive company as it grows and brings its technology to market
AdhereTech, Inc., a leading digital healthcare company focused on building cloud-based software and devices that seamlessly connect patients to care, today announces that Innes Meldrum has been appointed President and Chief Executive Officer. He is succeeding Chris O’Brien, who will support Innes in the next phase of the Company’s growth.
Innes Meldrum has nearly 30 years of global experience in the pharmaceutical and technology industries. He most recently served as Chief Executive Officer of Reset Pharmaceuticals. Prior to this, he served as Senior Vice President and Chief Commercial Officer for Otsuka Pharmaceuticals North America. In this role, he was responsible for all commercial activities, including Otsuka’s psychiatry business and the commercialization of CNS drugs such as Abilify Maintena®. Before this, he served as Commercial Vice President at Orexo, focused on addiction medicine, and prior to this spent 11 years in commercial roles of increasing responsibility at Novartis in the US, as well as within the global organization based in Switzerland.
“We are delighted to have Innes join AdhereTech,” said Neale Trangucci, Chair of the Board. “He is a highly experienced international life sciences and technology executive who has led cross-functional development and commercialization teams, having successfully launched and marketed both medicines and technologies in his career. His proven track record and ability to develop top-notch teams will be vital for the Company as we prepare for the next phase of growth. I warmly welcome Innes and look forward to working with him. I also would like to thank Chris O’Brien for his leadership and am pleased he will advise Innes and the Company going forward.”
Daniel Raynor, Managing Partner and Co-founder of Argentum, AdhereTech’s main investor, said, “We believe Innes’ successful track record in both the pharma and technology spaces of developing and commercializing innovative, patient-focused solutions will lend itself well to establishing AdhereTech as the market leader in providing technologies to address medication management and adherence challenges.”
Innes Meldrum, President and Chief Executive Officer, commented, “I am excited to join AdhereTech as the Company grows its footprint and impact and look forward to working with the team to accelerate the positive patient impact of AdhereTech’s technologies.”
In addition to causing unnecessary health complications for patients, nonadherence to medication regimens costs the pharmaceutical industry hundreds of billions of dollars[i] per year.
