YARDLEY, Pa., Oct. 04, 2019 (GLOBE NEWSWIRE) -- Optinose (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat (ENT) and allergy specialists, today reported the creation of a new role of Vice President, Business Development and appointment of Michael Richardson into the new position. In this role, Michael will be responsible for identifying, evaluating, and executing on business development opportunities that support the overall corporate strategy.

"While our team continues to focus the bulk of our resources on the commercial launch of XHANCE® and on achieving our near-term objectives, we feel it is also important to start dedicated efforts toward evaluation of opportunities that leverage our capabilities, the capabilities of other organizations, or create new options for supporting longer-term growth,” said Chief Executive Officer Peter Miller. “Michael has a successful track-record as a business development leader in the pharmaceutical industry and we are confident his efforts can help us advance our mission to further accelerate the growth of XHANCE and to build a leading ENT and allergy company.”

Michael joins Optinose from Princeton Biopharma where he led their commercial activities. Prior to Princeton Biopharma, Michael had roles of increasing responsibility at Grunenthal, Cephalon, and Johnson & Johnson. Michael earned his MBA at Duke University and his BA at West Virginia University.

About Optinose

Optinose is a global specialty pharmaceutical company focused on serving the needs of patients cared for by ear, nose and throat (ENT) and allergy specialists. Optinose has offices in the U.S., the U.K. and Norway. To learn more, please visit www.optinose.com or follow us on Twitter and LinkedIn.