Ocuphire Pharma appoints new CEO
US ophthalmic drug developer Ocuphire Pharma (Nasdaq: OCUP) has appointed Dr George Magrath, as chief executive and member of the board of directors, effective today.
Dr Magrath succeeds Rick Rodgers, interim CEO and president since April 2023. Mr Rodgers will remain on the company’s board of directors.
Dr Magrath was most recently the CEO of Lexitas Pharmaceutical Services, where he led the company through significant growth, broadened its business lines, and increased revenue substantially. He successfully led Lexitas through the acquisition and integration process with QHP Capital, creating a premier ophthalmology contract research organization and generating significant value for investors.
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