

Company: Sirtris, a GSK Company, Cambridge, MA Entry Submitted By: Pure Communications Inc. Company Description: Sirtris, a GSK company, is focused on creating revolutionary new medicines to treat diseases of aging, such as Type 2 Diabetes. Our research focus is on modulating the sirtuins, a recently discovered class of enzymes involved in the aging process. Sirtris is based in Cambridge, Massachusetts, and employs 71 people. Nomination Category: Management Categories Nomination Sub Category: Executive of the Year - Other
Nomination Title: Christoph Westphal, M.D., Ph.D., CEO of Sirtris
Tell the story about what this nominee achieved since January 1 2008 (up to 500 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:
In the biopharmaceutical world, the name Christoph Westphal elicits immediate recognition for his achievements as a dynamic, visionary leader. Dr. Westphal’s most recent success involves Sirtris, a Cambridge, Massachusetts-based company he co-founded in 2004 with Harvard researcher Dr. David Sinclair. Under Dr. Westphal’s guidance as CEO, Sirtris has become a recognized leader in the field of sirtuin research, a recently discovered family of enzymes that control the aging process.
In June of 2008, based on the company’s revolutionary scientific developments, GlaxoSmithKline acquired Sirtris for $720 million – a “darling” deal in the eyes of Wall Street. Indicative of his philosophy that people matter most, Dr. Westphal’s commitment to Sirtris’ employees and investors factored heavily into the agreement with GSK. Sirtris Pharmaceuticals then became Sirtris, a GSK Company – an independent discovery performance unit led by Dr. Westphal, with all employees and members of management remaining intact. Sirtris’ employees and investors alike were pleased with the $720 million cash acquisition by GSK priced at $22.50 a share – an 84% premium to the $12.23 share price on the day preceding the tender offer announcement, and a 125% premium to the company’s May 2007 initial public offering price of $10 a share.
Following the acquisition, Dr. Westphal has continued to operate the company in a style similar to that prior to becoming an independent unit of GSK. He has retained Sirtris’ unique, entrepreneurial culture that encourages creativity and rewards the company’s values of People, Excellence, Trust, Respect and Urgency. Sirtris offers a number of unexpected perks, including free lunch daily, biweekly lunch seminars, spinning and yoga classes, and company outings to Red Sox games.
Dr. Westphal has built a team environment that supports and rewards discovery. A pioneer in its field, Sirtris’ drugs under development could potentially address a broad range of diseases of aging, such as Type 2 Diabetes, cancer, cardiovascular disease and neurodegeneration. The hot area of sirtuin research caught the world’s attention with the discovery that resveratrol — a natural ingredient in red wine — activates the sirtuins and could yield the positive health effects of calorie restriction (previous research has shown that reducing normal caloric intake by a third can extend lifespan).
In addition to the acquisition, Dr. Westphal led Sirtris through an extraordinary year of discoveries. In January 2008, Sirtris announced positive results from a human clinical study showing that its proprietary formulation of resveratrol significantly lowers glucose in patients with Type 2 Diabetes. Later in 2008, Sirtris entered into the first human clinical trial of one of its novel compounds, which are structurally unrelated to resveratrol and up to 1,000 times more potent.
In addition to his role at Sirtris, Dr. Westphal now serves as Senior Vice President of GSK’s Centre of Excellence for External Drug Discovery (CEEDD). At the CEEDD, Dr. Westphal and his team are developing a network of external alliances with world-class biotech companies to bring breakthrough medicines into GSK. This unconventional role relies on Dr. Westphal’s biotech experience to identify emerging technologies to bolster GSK’s pipeline.
List hyperlinks to any online news stories, press releases, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:
Boston Globe Sunday Magazine, “More Good Years,” February 1, 2009 http://www.boston.com/jobs/news/articles/2009/02/01/more_good_years/
60 Minutes, “Wine Rx,” January 25, 2009 http://www.cbsnews.com/video/watch/?id=4752354n
Newsweek, “Never Say Die,” December 15, 2008 http://www.newsweek.com/id/172561
Dr. Westphal receives Outstanding Individual of the Year Award at the annual Biotech CEO Meeting, October 16, 2008 http://www.sirtrispharma.com/press/2008-101608.html
New York Times, “Hoping Two Drugs Carry a Side Effect: Longer Life,” July 22, 2008 http://www.nytimes.com/2008/07/22/health/research/22long.html?_r=1&scp=1&sq=Hoping%20Two%20Drugs%20Carry%20a%20Side%20Effect&st=cse
Pharmaceutical Executive, “45 Under 45: The Change Generation,” June 1, 2008 http://pharmexec.findpharma.com/pharmexec/ArticleStandard/Article/detail/524376
ABC News Special hosted by Barbara Walters, “Can You Live to be 150?,” March 28, 2008 http://abcnews.go.com/Health/Longevity/story?id=4544003&page=1
Fortune, “Drink Wine and Live Longer,” cover story, February 5, 2007 http://money.cnn.com/magazines/fortune/fortune_archive/2007/02/05/8399158/index.htm
Sirtris media highlights clip on YouTube: http://www.youtube.com/watch?v=V_vJEeVdaKY
Provide a brief (up to 100 words) biography about the nominee:
Christoph Westphal, M.D., Ph.D., co-founded Sirtris in 2004 and has since served as Chief Executive Officer. In addition to leading Sirtris as an independent discovery performance unit within GlaxoSmithKline (GSK), Dr. Westphal serves as the Senior Vice President of GSK’s Centre of Excellence for External Drug Discovery (CEEDD).
Dr. Westphal earned his M.D. from Harvard Medical School and Ph.D. in genetics from Harvard University; and he graduated with a B.A. summa cum laude and Phi Beta Kappa from Columbia University. He enjoys traveling (he has visited over 130 countries), plays the cello and is fluent in four languages—English, German, Spanish, and French. Dr. Westphal is married with three young children.
|