Home›People›Theron Odlaug
Theron Odlaug

Theron Odlaug

Board member at Ascendia Pharmaceuticals and Pharma Nobis

Director
Updated Nov 8, 2026·Latest SEC filing Nov 6, 2026·Suggest an edit

About Theron Odlaug

Theron Odlaug has more than 40 years of pharmaceutical industry experience. He advises Signet Healthcare Partners and has worked with its portfolio companies for more than 14 years. He serves on the boards of Ascendia Pharmaceuticals and Pharma Nobis. Odlaug and Gale joined Ascendia's board together. Ascendia offers formulation, analytical and manufacturing services for drug products. He is also president of the Dravet Syndrome Foundation board.

Earlier, Odlaug chaired Impopharma and served as leon-nanodrugs' CEO. He chaired Cedarburg Pharmaceuticals until its 2014 sale. He was Planet Biopharmaceuticals' executive chairman and CEO from 2011 until its 2014 sale. In 2008, he was CyDex's president and chief operating officer. From 2008 to 2011, he was CyDex's president and CEO. Ligand acquired CyDex in 2011. He was a Fujisawa executive vice president and senior management committee member until the 2005 Yamanouchi merger created Astellas. He left Astellas in 2006 after supporting the U.S. integration. Earlier senior roles included Bayer and Baxter. He also served on leon-nanodrugs' supervisory board. He served on CoreRx's board until its 2021 sale to NovaQuest.

Experience

This experience comes from official bios and from SEC filings. For roles taken from filings, the years are when the filings name Theron Odlaug in the role, so the role may have started earlier or lasted longer.

Ascendia Pharmaceuticals, Inc. Current
Director
2022 – Present · North Brunswick, NJ
Ascendia helps drug developers formulate, test, and manufacture difficult products from discovery through commercialization.
Signet Healthcare Partners Current
advisor
Pharma Nobis, LLC Current
Board Member
Dravet Syndrome Foundation Current
President of the Board
CoreRx Inc.
Board Member
2021
Planet Biopharmaceuticals
Executive Chairman and CEO
2011 – 2014
Cedarburg Pharmaceuticals
Executive Chairman
2014
CyDex Pharmaceuticals, Inc.
President & COO (From 2008)
President and CEO (2008 – 2011)
2008 – 2011
Astellas Pharma
2006
Fujisawa Healthcare Inc.
Executive Vice President
2005
Impopharma Inc.
Executive Chairman
leon-nanodrugs GmbH
CEO
member of its Supervisory Board
Bayer AG
Baxter

Key Colleagues at Startups

The people Theron Odlaug works with at each company, as listed on that company's latest Form D.

Ascendia Pharmaceuticals, Inc. · Form D/A, Nov 6, 2026
JH
Jingjun Huang
CEO and director
MB
Michael Bogda
Executive officer and director
JG
James Gale
Managing Director
RB
Robert Bloder
Chief Commercial Officer and director
SL
Shoufeng Li
Director
TD
Todd Daviau
Executive officer

Sources

  1. SECAscendia Pharmaceuticals, Inc. Form D/A, filed Nov 6, 2026
  2. P1Ascendia Pharmaceuticals Secures Growth Equity Investment from Signet Healthcare Partners
  3. P4Ascendia Pharmaceutical Solutions
  4. P5CyDex Pharmaceuticals page naming Theron Odlaug