in pursuit of better
A doctor and a businessman reconnect at a high school reunion, and naturally, they talk shop.
Physician Charlie Birbara and entrepreneur Milt Peterson realized they shared a vision of helping people who suffered from debilitating conditions. Together with entrepreneur Rick Peterson and scientist Philip Birbara, they formed a founding team that brought decades of individual success and complementary talents. The team’s shared vision was to build a respected and successful pharmaceutical company that would bring real benefit to others.
They laid a vital cornerstone of that vision by convincing John Walker, a pharmaceutical visionary, to add his brilliance to the effort. John in turn assembled a team of veteran pharmaceutical executives who quickly brought one osteoarthritis (OA) pain product, over-the-counter PainBloc24® (0.25% capsaicin), to market, and then formed Propella to create a robust pipeline of promising pharmaceutical candidates.
The creation of Propella has focused financial investment and management expertise on the advancement of select, high value products.