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Elizabeth Hickman, chief business officer, will succeed Tim Scott in January 2025.
March 5, 2024
By: Charlie Sternberg
AustinPx, developer of the amorphous dispersion platform, KinetiSol Technology, and a contract development and manufacturing organization (CDMO), has announced that Elizabeth Hickman, chief business officer, will succeed Tim Scott in January 2025 as president and CEO of AustinPx. Scott has led the company’s new direction as a CDMO since 2022. He will stay on as executive chair following the transition and Hickman will be named to the Board of Directors. “On behalf of the board, I want to thank Tim for his valuable contributions to AustinPx. His outstanding leadership skillfully pivoted AustinPx from a technology-focused pharmaceutical company to a technology driven CDMO and has laid a strong foundation for our future success,” said Shaun Kirkpatrick, president, Research Corporation Technologies and board chair of AustinPx. “Elizabeth has an intimate understanding of AustinPx’s business and our industry. She has executed on our most important priorities, including strengthening our brand, building our CDMO customer base and attracting more than 30 new molecules into our KinetiSol platform for solubility enhancement since joining in May 2022.”
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