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Progenics Pharmaceuticals Announces Appointment of Bryce V. Tenbarge as Vice President of Commercial

NEW YORK, Sept. 07, 2016 (GLOBE NEWSWIRE) -- Progenics Pharmaceuticals, Inc. (PGNX), an oncology company developing innovative medicines and other products for targeting and treating cancer, today announced the appointment of Bryce V. Tenbarge as Vice President of Commercial, effective August 22, 2016. In this newly created role, Mr. Tenbarge will report to Mark Baker, Chief Executive Officer of Progenics, and will be responsible for leading all of the Company’s commercial activities. Mr. Tenbarge brings over fifteen years of experience in biopharmaceutical marketing, most recently as Vice President of Marketing and Commercialization at Celldex Therapeutics.

“Bryce is a tenured biopharmaceutical marketing executive with particular expertise in oncology,” said Mark Baker, Chief Executive Officer of Progenics. “His proven ability to design and implement commercial infrastructure, support highly-specialized product launches, and work in close collaboration with sales organizations will prove invaluable as we prepare for the potential commercial launch of our ultra-orphan radiopharmaceutical candidate, AZEDRA®, and further advance our late-stage prostate cancer imaging and therapeutics pipeline.”

“Progenics is emerging as a leader in the development of novel oncology imaging agents and therapeutics, and I am pleased to be joining the team at this important time,” said Mr. Tenbarge. “AZEDRA represents a potential breakthrough in the treatment of malignant pheochromocytomas and paragangliomas, rare neuroendocrine cancers for which there are currently no approved therapies, and the Company’s promising pipeline has the potential to transform how prostate cancer is diagnosed, monitored and treated. I look forward to working with the Progenics leadership team to bring these innovative therapies to patients in need.”

Mr. Tenbarge joins Progenics from Celldex Therapeutics, where he served as Vice President of Marketing and Commercialization since 2013. From...