Until then, for better or worse, here I am," she said. "We have a recruiter who is out looking for the perfect CEO. In December, the board asked her to serve as interim CEO. So Anne Faulkner Schoemaker, a Juilliard School graduate and pianist with a master's in business administration in finance, joined Neuronyx's executive management committee. Webster left Neuronyx in August and has returned to Wall Street as a managing director at First Albany Capital Inc. Webster, an investment banker at Paine Webber Inc., to cofound Neuronyx, and since 2003, Webster had been the company's president and chief executive. Hubert Schoemaker had recruited Stephen W. In August, the board decided to transition from being a development-stage start-up to a clinical-stage pharmaceutical company and to search for a chief executive officer with expertise in getting products through clinical trials leading to commercialization, she said. Members of the Schoemaker family are significant shareholders in the private company, which has raised $41 million from venture capitalists and individuals. Neuronyx inc anne schoemaker professional#1, 2006, at 55.Īfter his death, the Neuronyx board asked Anne Faulkner Schoemaker, whose professional background includes commercializing technology from the labs at the University of Pennsylvania and Wistar Institute, to become a director. Not one to bask in his success, he used some of his wealth to launch Neuronyx in February 2000, and the initial focus was on development of new treatments for neurological disorders based on neuronal stem cells.īut after battling a rare brain cancer for more than a decade, the MIT-educated biochemist died on Jan. In 1979, Hubert Schoemaker created Centocor Inc., the region's first profitable biotech company, which was sold to Johnson & Johnson for $4.9 billion in 1999. "But here I am," said the interim chief executive officer of Neuronyx Inc., in the Chester County office once occupied by the man who was an inspiration and mentor to many local biotechnology industry scientists and executives. Not in her wildest dreams did Anne Faulkner Schoemaker imagine she would one day run the small Malvern company on the frontier of stem-cell science that was the vision of her late husband, Dutch-born entrepreneur Hubert J.P. Centocor successor's goal: Stem-cell treatments
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