WALTHAM, Mass., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Radius Health, Inc. (Nasdaq: RDUS) today announced that Peter A. Schwartzman is joining the company as Vice President in the newly formed Capital, Strategy and Transactions (CST) Group. Peter, as part of the group, will report to Kelly Martin, CEO of Radius.

The CST group is responsible for the analysis and due diligence required for all business development activities and acts as the Company’s point of contact for capital providers, investment banks and analysts. The CST group is also responsible for building the financial model framework the Company will use to assess current and future performance.

Peter joins Radius from Piney Lake Capital Management, LP where he was a senior member of the investment team. At Piney Lake, Peter focused on opportunistic debt and equity investments in small to medium sized companies in the health care, life sciences, and industrial sectors. For two decades prior, Peter was a Managing Director in the Leveraged Finance Group at BlackRock, Inc. In this role, he led the group’s investments in the health care, life sciences, media and gaming industries. Peter has also worked at Alliance Capital in their Corporate Bond Research Group as well as the HealthCare Group at Moody’s Investor Services.

Kelly Martin commented that, “Peter is an outstanding individual and professional. His broad and deep experience will provide Radius with a better understanding of our current business as well as valuable objective assessments of future opportunities or adjustments.”

Peter earned his B.A. from Trinity College in Hartford, Connecticut, and his MBA from the Stern School at New York University.

About Radius
Radius is a science-driven fully integrated biopharmaceutical company that is committed to developing and commercializing innovative endocrine therapeutics.

For more information, please visit www.radiuspharm.com.