Mr. Cross’ responsibilities also include managing Mayne Pharma’s North American contract services subsidiary, Metrics, and growing its solid oral dose formulation development and analytical support services. The company also plans to make significant investments in Metrics’ fast-track, proof-of-concept, and first-time-in-man programs, potent and cytotoxic product handling, and clinical trial material manufacturing services. He will also oversee the expansion of Mayne Pharma USA’s pharmaceutical products division, which now markets more than 20 products and has 20 products under development with 10 ANDAs filed with the FDA. Mr. Cross will focus on expanding the U.S. product portfolio through both organic development and acquisitions.
Mr. Cross brings more than 20 years of industry experience. He previously served as Mayne Pharma’s vice president of business and corporate development, and played a key role in the global commercialization of the company’s SUBACAP anti-fungal product. He has been extensively involved in integrating Metrics with Mayne Pharma, and in executing the company’s business strategy in Australia and the U.S.
“Stefan has an impressive track record of success in the pharmaceutical industry and will add tremendous value to our U.S. business,” said Scott Richards, chief executive officer of Mayne Pharma. “His breadth of experience covers commercial operations, marketing, product licensing, business strategy and M&A. I look forward to accelerating the growth of our U.S. businesses with Stefan’s support and leadership.”