Mallory Factor

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Mallory Factor
Mallory Factor's business photo.jpg
Born (1950-07-16) July 16, 1950 (age 74) [1]
Alma mater Wesleyan University (B.A., 1972)
Occupation(s)Chairman of IntraBio Inc, former professor at The Citadel, The Military College of South Carolina, formerly a banker and public relations specialist
Known forPharmaceutical entrepreneur; Academic; Republican
SpouseElizabeth Weir
Children7
Website malloryfactor.com

Mallory Factor, KCNG [2] [3] (born July 16, 1950) is an American pharmaceutical executive, professor, author, and media contributor. [4] Factor is the founder and executive chairman [5] of IntraBio Inc., a commercial-stage biopharmaceutical company based in Austin, Texas [6] which developed levacetylleucine, commercially known as AQNEURSA, for the treatment of neurological manifestations of Niemann-Pick Disease Type C. [7]

Contents

Factor is visiting senior fellow in entrepreneurship at the Department of Pharmacology, University of Oxford, U.K. [8] [9] He was the John C. West Professor (Emeritus) of International Politics and American Government at The Citadel, The Military College of South Carolina in Charleston, South Carolina. [10]

With his wife Elizabeth Weir, he is co-author of Shadowbosses (2012) and Big Tent: The Story of the Conservative Revolution (2014), which were both New York Times bestsellers. [11] [12] Factor has written widely on economic and financial issues for publications including the Wall Street Journal, Christian Science Monitor, National Review, and other newspapers and has contributed to BBC, Fox News and Forbes magazine items. [13]

He produces Tony, Olivier, and Drama Desk award-winning, theatre on Broadway, in the West End and globally. His work includes shows such as A Little Life, Cabaret, A Streetcar Named Desire, Dr Semmelweis, The King and I, A Christmas Carol, Patriots, Macbeth, Wizard of Oz, Constellations, Cyrano, Oklahoma, Hills of California, The Curious Case of Benjamin Button, The Rocky Horror Picture Show, The Piano Lesson, Leopoldstadt, The Merchant of Venice, and Sunset Boulevard. [14]

Early life and education

Factor grew up in Bridgeport, Connecticut. [15] He graduated from Wesleyan University in Middletown, Connecticut, and attended Columbia Law School [16] and Business School in New York, New York. [15]

Career

Factor speaking at an event in Chantilly, Virginia. Mallory Factor by Gage Skidmore.jpg
Factor speaking at an event in Chantilly, Virginia.

In 2015, Factor founded IntraBio Inc, a commercial-stage biopharmaceutical company that develops and commercializes novel treatments for rare and common neurodegenerative diseases. In September 2017, the company announced its plans for a multi-national pivotal trial for acetylleucine for the treatment of Niemann–Pick type C, Tay–Sachs disease, and cerebellar ataxia subtypes. [17] In 2020, IntraBio announced the successful multinational clinical trial results of the Niemann-Pick type C clinical trial. [18] In 2021, IntraBio announced the successful multinational clinical trial results of the GM2 Gangliosidosis clinical trial. [19]

In June of 2023, IntraBio announced positive results from the pivotal, Phase III IB1001-301 multinational, randomized, placebo-controlled, crossover clinical trial. On September 24, 2024 the US FDA approved AQNEURSA™️ (levacetylleucine) for the treatment of neurological manifestations of Niemann-Pick disease type C (NPC) in adults and pediatric patients weighing ≥15 kg. [20]

Factor was the John C. West Professor (Emeritus) of International Politics and American Government at The Citadel, The Military College of South Carolina in Charleston, South Carolina. [21] He held adjunct professorships at the School of Continuing and Professional Studies at New York University from 1992 to 1996, and at the Graduate School of Management and Urban Professions at the New School for Social Research from 1985 to 1992.

He was chairman of the New York Public Asset Fund from 2002 to 2006 and vice-chairman of Governor's Island Preservation and Education Corporation from 2006 to 2007. Factor was a member of the Banking Board of the New York State Banking Department from 2001 to 2007. From 1987 to 1988, he was a member of the Federal Savings and Loan Advisory Council for the Federal Home Loan Bank. He has been an underwriting member of Lloyd's of London since 1987. [22]

In addition to his books, Factor has written widely on economic and financial issues for publications including the Wall Street Journal , [23] [24] Christian Science Monitor , [25] National Review [26] and newspapers nationwide and was previously also a Fox News [27] and Forbes magazine [28] contributor.

He was president of Mallory Factor, Inc., an independent merchant bank and financial relations consultancy that he founded in 1976. [29] Factor's first job after graduating was serving as a supervisor of management consulting services at Coopers & Lybrand.

Civic service

Factor was co-founder and host of The New York Meeting [30] and the host of The Charleston Meeting, gatherings of elected officials, journalists, business leaders and authors in New York City and Charleston, South Carolina. [31] [32] He was co-founder and co-chair of The Monday Meeting (with James E. Higgins). [33]

He co-founded [34] and was the chairman of the Free Enterprise Fund, a free market "do" tank advocating economic growth, lower taxes and limited government. [35]

He is a life member of the Council on Foreign Relations and was vice-chair of the Council on Foreign Relations Task Force on Terrorism Financing. [36] [37] He has testified in front of the U.S. House of Representatives and the United States Senate on terror financing, regulation of the financial services industry and other economic issues. [38] Factor chaired the Economic Roundtable for the Chairman of the Joint Chiefs of Staff and led the 2009 Economic Summit for the U.S. House Republican Conference and Policy Committee in Washington, D.C. [39]

He is a member of the Worshipful Company of Tobacco Pipe Makers and Tobacco Blenders. Factor has been a Senior Advisor in the UK House of Lords since 2014.

Related Research Articles

<span class="mw-page-title-main">Biogen</span> Pharmaceutical company

Biogen Inc. is an American multinational biotechnology company based in Cambridge, Massachusetts, United States specializing in the discovery, development, and delivery of therapies for the treatment of neurological diseases to patients worldwide. Biogen operates in Argentina, Brazil, Canada, China, France, Germany, Hungary, India, Italy, Japan, Mexico, Netherlands, Poland, Sweden, and Switzerland.

<span class="mw-page-title-main">Niemann–Pick disease</span> Medical condition

Niemann–Pick disease (NP), also known as acid sphingomyelinase deficiency, is a group of rare genetic diseases of varying severity. These are inherited metabolic disorders in which sphingomyelin accumulates in lysosomes in cells of many organs. NP types A, A/B, and B are caused by mutations in the SMPD1 gene, which causes a deficiency of an acid sphingomyelinase (ASM). NP type C is now considered a separate disease, as SMPD1 is not involved, and there is no deficiency in ASM.

<span class="mw-page-title-main">Medical University of South Carolina</span> Public medical school in Charleston, South Carolina, US

The Medical University of South Carolina (MUSC) is a public medical school in Charleston, South Carolina. It opened in 1824 as a small private college aimed at training physicians and has since established hospitals and medical facilities across the state. It is one of the oldest continually operating schools of medicine in the United States and the oldest in the Deep South.

Pharming, a portmanteau of farming and pharmaceutical, refers to the use of genetic engineering to insert genes that code for useful pharmaceuticals into host animals or plants that would otherwise not express those genes, thus creating a genetically modified organism (GMO). Pharming is also known as molecular farming, molecular pharming, or biopharming.

<span class="mw-page-title-main">Spinocerebellar ataxia</span> Medical condition

Spinocerebellar ataxia (SCA) is a progressive, degenerative, genetic disease with multiple types, each of which could be considered a neurological condition in its own right. An estimated 150,000 people in the United States have a diagnosis of spinocerebellar ataxia at any given time. SCA is hereditary, progressive, degenerative, and often fatal. There is no known effective treatment or cure. SCA can affect anyone of any age. The disease is caused by either a recessive or dominant gene. In many cases people are not aware that they carry a relevant gene until they have children who begin to show signs of having the disorder. Currently, research is being conducted at Universities, such as the University of Minnesota, to elucidate many of the unknown characteristics of the disease.

<span class="mw-page-title-main">Arimoclomol</span> Medication

Arimoclomol, sold under the brand name Miplyffa, is a medication for the treatment of Niemann–Pick disease type C. It is taken by mouth.

The GM2 gangliosidoses are a group of three related genetic disorders that result from a deficiency of the enzyme beta-hexosaminidase. This enzyme catalyzes the biodegradation of fatty acid derivatives known as gangliosides. The diseases are better known by their individual names: Tay–Sachs disease, AB variant, and Sandhoff disease.

<span class="mw-page-title-main">Miglustat</span> Medication

Miglustat, sold under the brand name Zavesca among others, is a medication used to treat type I Gaucher disease and Pompe disease.

<span class="mw-page-title-main">Acetylleucine</span> Compound

Acetylleucine (N-acetyl-leucine) is a modified leucine amino acid used in the treatment of vertigo and cerebellar ataxia.

<span class="mw-page-title-main">NPC1L1</span> Mammalian protein found in Homo sapiens

Niemann-Pick C1-Like 1 (NPC1L1) is a protein found on the gastrointestinal tract's epithelial cells as well as in hepatocytes. Specifically, it appears to bind to a critical mediator of cholesterol absorption.

The "war on cancer" is the effort to find a cure for cancer by increased research to improve the understanding of cancer biology and the development of more effective cancer treatments, such as targeted drug therapies. The aim of such efforts is to eradicate cancer as a major cause of death. The signing of the National Cancer Act of 1971 by United States president Richard Nixon is generally viewed as the beginning of this effort, though it was not described as a "war" in the legislation itself.

<span class="mw-page-title-main">Niemann–Pick disease type C</span> Medical condition

Niemann–Pick type C (NPC) is a lysosomal storage disease associated with mutations in NPC1 and NPC2 genes. Niemann–Pick type C affects an estimated 1:150,000 people. Approximately 50% of cases present before ten years of age, but manifestations may first be recognized as late as the sixth decade. Despite its name, Niemann-Pick disease, type C has very little to do with SMPD1-associated Niemann–Pick disease, although they were once thought to be the same disease.

<span class="mw-page-title-main">Apatinib</span> Chemical compound

Apatinib, also known as rivoceranib, is a tyrosine kinase inhibitor that selectively inhibits the vascular endothelial growth factor receptor-2. It is an orally bioavailable, small molecule agent which is thought to inhibit angiogenesis in cancer cells; specifically, apatinib inhibits VEGF-mediated endothelial cell migration and proliferation thus blocking new blood vessel formation in tumor tissue. This agent also mildly inhibits c-Kit and c-SRC tyrosine kinases.

<span class="mw-page-title-main">Robert J. Desnick</span> American geneticist

Robert J. Desnick is an American human geneticist whose basic and translational research accomplishments include significant discoveries in genomics, pharmacogenetics, gene therapy, personalized medicine, and the treatment of genetic diseases. His translational research has led to the development of the enzyme replacement therapy (ERT) and the chaperone therapy for Fabry disease, ERT for Niemann–Pick disease type B, and the RNA Interference Therapy for the Acute Hepatic Porphyrias.

Flexion Therapeutics, Inc. is an American biopharmaceutical company based in Burlington, Massachusetts that is focused on the discovery, development and commercialization of novel, local therapies for the treatment of patients with musculoskeletal conditions, beginning with osteoarthritis (OA), the most common form of arthritis.

<span class="mw-page-title-main">Radotinib</span> Chemical compound

Radotinib (INN; trade name Supect), and sometimes referred to by its investigational name IY5511, is a drug for the treatment of different types of cancer, most notably Philadelphia chromosome-positive (Ph+) chronic myeloid leukemia (CML) with resistance or intolerance of other Bcr-Abl tyrosine-kinase inhibitors, such as patients resistant or intolerant to imatinib.

Karin M. Hehenberger is a Swedish physician, investor, business executive, and diabetes expert, known for her work in the field of biotechnology. She has written numerous articles on biotechnology that have been published in peer review journals and worked as an executive for different biotechnology companies and investment firms. She is a faculty member in the department of Molecular Medicine at the Karolinska Institute where she also obtained her M.D. and a Ph.D. in molecular medicine. She has lectured on the topics of autoimmune diseases, diabetes, molecular medicine and industry challenges as well as provided commentary for Fox News, Good Morning America Health, New York One, the USA Today and Forbes.

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<span class="mw-page-title-main">Levacetylleucine</span> Medication

Levacetylleucine, sold under the brand name Aqneursa, is a medication used for the treatment of neurological manifestations of Niemann-Pick disease type C. Levacetylleucine is a modified version of the amino acid leucine (N-Acetyl-L-Leucine). It is taken by mouth.

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