ReacX Pharmaceuticals, Inc. (“ReacX” or the “Company”), a company focused on developing and marketing pharmaceutical treatments for addictions, announced the appointment of Patricia Trifunov as Chief Executive Officer. Ms. Trifunov has extensive experience in the commercialization of drugs in the government arena. She has run both federal ($3.5 billion) and state government divisions at GSK for over a dozen years, and then in her own consulting business. She will be first focused on the re-entry of Probuphine back on the market, a six-month implant of buprenorphine that was voluntarily removed from the market following COVID and is FDA-approved for sale
in the US.
As CEO of her own consulting company for sixteen years, Ms. Trifunov focused on building government markets such as Medicaid, the Veterans Administration, Department of Defense, Indian Health Services and the naloxone distribution system in the fifty states. These capabilities make her the ideal fit for our organization as she has spent many of these years specifically focused on the commercialization of products for substance use disorder and the opioid crisis.
“As I take the helm of ReacX, I am ever mindful of the severity of this chronic and deadly illness for which countless lives are lost every year. According to a RAND study more than 40% of Americans know someone who has died of a fatal drug overdose, and over 2.7 million people are estimated to be addicted to opioids. Unfortunately, only one in five of these folks with substance use disorder are on active medications for treatment. New treatments are badly needed, and a once every-six-months buprenorphine implant could revolutionize the patient journey to recovery.”
Ms. Trifunov lives in Sedona, AZ with her husband and has a pharmacy degree from the University of Saskatchewan.
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REACX PHARMACEUTICALS
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dleslie@reacxpharma.com
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