- For Immediate Release
November 19, 2015 - AUSTIN, TX
- For more information, contact
Chris Cutrone 512-305-8483
Cancer Prevention and Research Institute of Texas Hires New Program Officer
Michael Lang to Lead the Agency's Product Development Research Program
AUSTIN ‐ The Cancer Prevention and Research Institute of Texas (CPRIT) has hired Michael Lang as the agency’s new chief product development officer. Lang will lead CPRIT"s product development research program, designed to accelerate the progression of new cancer drugs, diagnostics, and therapies from the laboratory into clinical practice.
Lang’s multi-state experience includes founding and serving as chief executive officer of a cancer diagnostic company, serial entrepreneurship, and managing a portfolio for an early stage investment fund.
“I’m thrilled to be joining CPRIT at a time when its product development research program is gaining momentum with so much more room to grow,” said Lang. “It’s an extraordinary opportunity to build on CPRIT’s existing biotech company portfolio and accelerate early stage discoveries that can lead to new treatments, diagnostics and devices to help Texans with cancer, now.”
Prior to joining CPRIT, Lang was the founder and CEO of NanoVision, a cancer diagnostics company. He headed business development at the venture capital-funded wound healing company Gilatech, where he led its novel biomaterial therapy. Lang oversaw a company restructuring as president of Dallas-based Galt Medical, served as a product manager at Johnson & Johnson, and was vice president of business development at BioEnterprise, where he led the startup and growth of early stage firms.
Lang has a bachelor’s in biomedical engineering from Northern Arizona University and a master’s in business administration from Arizona State University. He succeeds Tom Goodman, who left CPRIT in June.
Since its inception CPRIT has awarded 27 product development research grants totaling more than $250 million. Companies seeded by CPRIT have gone on to secure around $930 million in follow-on funding.
Since 2009, CPRIT has awarded more than $1.35 billion in grants to Texas researchers, institutions and organizations. CPRIT provides funding through its academic research, prevention and product development research programs. Programs made possible with CPRIT funding have reached all 254 counties of the state, brought nearly 100 distinguished researchers to Texas, advanced scientific and clinical knowledge, and provided more than 2.5 million life-saving education, training, prevention and early detection services to Texans. Learn more at www.cprit.texas.gov. Follow CPRIT at twitter.com/CPRITTexas and facebook.com/CPRITTexas.