BioFactura Announces the Appointment of Jeffrey N. Hausfeld MD, MBA as the Chairman of the Board and Chief Medical Officer

BioFactura proudly announces the appointment of Dr. Jeffrey Hausfeld as the newly elected Chairman of the Board and Chief Medical Officer. Dr. Hausfeld, a graduate from Yale University School of Medicine, practiced Otolaryngology and Facial Plastic Surgery in the Washington DC area for more than 23 years until he ventured into the business side of medicine. He obtained an MBA specializing in healthcare from Johns Hopkins University and a degree in Organizational Development from George Washington University. Along with having been highly acclaimed during his surgical career, Dr. Hausfeld has been a successful physician entrepreneur as well. He is the President of Memory Care Communities LLC, a syndicate which builds and operates Assisted Living facilities specifically designed for Alzheimer’s and dementia care patients. He is the Managing Director of FMS Financial Solutions, a full service debt recovery firm in Greenbelt, Maryland focusing on medical and multi-family housing debt collections. Dr. Hausfeld is one of the Founders and the Chairman of the Board of the Society of Physician Entrepreneurs (http://www.sopenet.org), a global not for profit network focused on educating healthcare and life science professionals in Bioentrepreneurship and Innovation.

Darryl Sampey, President and CEO, stated, “We are excited and privileged to bring Dr. Hausfeld on board. In addition to leading our current Series A fundraising efforts to support biosimilar drug development, he is a vital member of our executive team adding considerable value to our corporate, intellectual property and strategic development as we expand operations.”

“Just as the introduction of generic drugs into the marketplace changed the pharmaceutical landscape, so too will the burgeoning field of biosimilars bring about more affordability and accessibility of these therapeutic classes for many of our patients,” says Hausfeld. “I am very inspired to be working with a company that has the intellectual property and technology to produce these very complex biologic drugs while improving quality, consistency, and reducing the cost of the medications for patients.”