RenovaCare, Inc. Appoints Rodney L. Sparks to Serve as Vice President of Intellectual Property
July 03, 2019 at 05:15 pm EDT
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On July 1, 2019 RenovaCare, Inc. and Rodney L. Sparks (“RLS”), executed an executive services consulting agreement, effective July 1, 2019, in which RLS, will serve as the Company’s Vice President of Intellectual Property. Pursuant to an Executive Services Consulting Agreement, Dr. Sparks will be compensated $2,200 per month and, at the discretion of the Board, he shall be eligible for equity stock options or equity awards pursuant to the Company's equity incentive compensation plans in effect from time to time. Dr. Rodney Sparks has over 30 years’ experience as a scientist, and lawyer representing biotechnology and pharmaceutical companies and universities in the United States and abroad. His experience includes tenure at the 170 year old firm, Drinker Biddle & Reath LLP, as well as private practice at Morgan, Lewis and Bockius LLP, and at Akin, Gump, Strauss, Hauer and Feld. Dr. Sparks serves as Senior Biotechnology Patent Counsel Emeritus for the University of Virginia Licensing & Ventures Group, and previously served as an Advisor to RenovaCare.
RenovaCare, Inc. is a clinical-stage biotechnology company. The Company is focused on developing autologous (self-donated) stem cell therapies for the regeneration of human organs. The Company through its wholly owned subsidiary, RenovaCare Sciences Corp. is focusing on the research, development and commercialization of autologous (using a patientâs own cells) cellular therapies that can be used for medical and aesthetic applications. The Companyâs CellMist System is a cell isolation procedure that enzymatically renders stem cells from the patientâs own skin or other tissues. The resulting stem cell suspension is administered topically from the Companyâs novel solution sprayer device (the SkinGun) as a cell therapy for wounds including burns to facilitate healing. Its SkinGun spray device is an advanced technology, using a gentle positive-pressure air stream to spray the CellMist Solution onto wounds.