Bob Merrell joins Lipocine
Monday, July 17th, 2006Salt Lake City-based Lipocine just landed a big time hitter in the financial marketplace: Robert Merrell.
As I understand it, Bob has just returned to Utah after serving a three-year stint as a mission president for the LDS Church (the Church of Jesus Christ of Latter-day Saints).
Professionally, Bob was the financial leader at NPS Pharmaceuticals, formerly Natural Product Sciences, who lead the company’s monetary charge through multiple private and public financiangs, incuding the NPS Initial Public Offering (NASDAQ: NPSP) and three subsequent follow-on public offerings. All told, Bob helped NPS raise more than $300 million.
Between his stint at NPS and his LDS mission, Bob also served as a Vice President with Myriad Genetics Laboratories.
Bob was great to work with as a client while he was at NPS, and I wish him and the entire Lipocine team “Buena Suerte.”
P.S. Lipocine is a pretty interesting drug delivery company that is looking to lipids — organic compounds that do not dissolve in water but that are soluble in solvents — as vehicles for delivering complex molecular compounds as once-a-day, orally delivered pharmaceuticals.