Princeton Chamber Launches TV Show

Princeton Mercer Regional Chamber of Commerce, 600 Alexander Road, Suite 3-2, Princeton 08540. 609-924-1776. Peter Crowley, president and CEO.

The Princeton Mercer Regional Chamber of Commerce is launching a TV show that highlights businesses and businesspeople within the community. The show seeks to carry on the mission of the Mercer Business Magazine, which stopped publishing in 2018.

“Mercer Business and YOU” will stream on RVN TV beginning Friday, May 22. The pilot episode, titled “Restarting Mercer County: The Road Ahead,” will include advice from area leaders on how to grow, expand, and move past the pandemic.

“We will be focusing on Mercer County and the positive aspects that our business community offers. The show will present local news and information on why Mercer County is the best place to live and do business in New Jersey,” Chamber CEO Peter Crowley said in a statement.

“In addition to current topics, we plan to incorporate many of the features associated with Mercer Business Magazine like the business highlight, legislative update, and the always entertaining, ‘Ask a Busy Person,’” said Chamber chairwoman Brenda Ross-Dulan.

IPO Planned

Oyster Point Pharma Inc., 202 Carnegie Center, Suite 109, Princeton 08540. 609-382-9032. Jeffrey Nau PhD, MMS, president and CEO.

Carnegie Center-based Oyster Point Pharma has announced plans for an underwritten public offering of 2.5 million shares of common stock. Underwriters will have a 30-day option to purchase up to 375,000 additional shares.

The clinical-stage pharmaceutical company focuses on the development and commercialization of treatments for ocular surface diseases. Its lead product, known as OC-01, is a nasal spray that alleviates the symptoms of dry eye disease.

The chronic, progressive disease that affects an estimated 30 million Americans is characterized by a disruption of the tear film that typically keeps the eye lubricated. Patients can suffer from burning and stinging sensations as well as eye fatigue and sensitivity to light.

Oyster Point Pharma recently announced promising results from clinical trials of its OC-01 nasal spray, which works by stimulating the glands and cells responsible for tear film production. In the study, which included 758 patients ranging from mild to severe dry eye disease, subjects showed statistically significant improvement in measurements of tear production.

The company anticipates applying for approval from the FDA in the second half of 2020 and is targeting a U.S. launch of the drug in the fourth quarter of 2021.

Management Moves

Twanda ‘Tay’ Walker has been named CEO of the YWCA Princeton.

YWCA Princeton, 59 Paul Robeson Place, Princeton 08540. 609-497-2100.

YWCA Princeton announced that Twanda “Tay” Walker will serve as its new executive director, effective June 1. Walker was selected unanimously by a search committee composed of YWCA Princeton’s board of directors and senior staff. She will succeed Judy Hutton, who is retiring after serving as CEO for 14 years.

Walker has a master’s degree in public health from St. Joseph’s University with a concentration in maternal and child health, and has over twenty years of experience in nonprofit management. She has previously served as a deputy state registrar for the New Jersey Department of Health and as an early childhood and health services administrator at Camden County Head Start.

“I am grateful to be retiring with confidence that YWCA Princeton will thrive under new leadership, new ideas, and a new century of eliminating racism and empowering women,” Hutton said.

CytoSorbents Inc. (CTSO), 7 Deer Park Drive, Suite K, Monmouth Junction 08852. 732-329-8885. Phillip Chan, CEO.

CytoSorbents, a critical care immunotherapy company based on Deer Park Drive, has named Efthymios N. Deliargyris as chief medical officer.

Deliargyris earned his medical degree in Athens, Greece, before training in internal medicine, cardiology, and interventional cardiology in the U.S. He worked at Wake Forest University Baptist Medical Center in North Carolina and at Athens Medical Center in Greece before joining industry. He was a vice president and global medical lead at the Medicines Company in Munich, Germany, and was most recently chief medical officer of Houston-based PLx Pharma.

In a statement, CytoSorbents CEO Phillip Chan said, “We are thrilled to have Efthymios (‘Makis’) join CytoSorbents to lead worldwide clinical activity in critical care and cardiac surgery applications during this exciting chapter at our company. His extensive expertise in cardiology, interventional cardiology, and the treatment of complications of critical illnesses such as shock, through many years of clinical practice, clinical trial research, and industry focus, make him well-suited for this task.”

CytoSorbents also promoted Vincent J. Capponi from chief operating officer to president and chief operating officer. Capponi, who has been with the company for 18 years, will continue to oversee its day-to-day operations while also developing new opportunities for the company and its technology.


Robert Sakson, 82, on May 15. He was an award-winning area watercolor artist whose regional scenes were included in numerous group exhibitions and solo shows at the New Jersey State Museum, Monmouth Museum, Trenton City Museum, Nassau Club, and other venues.

Betty Wold Johnson, 99, on May 5. The wife of Robert Wood Johnson III, the Princeton and Hopewell resident was a prominent area philanthropist who, in addition to her March donation to the Princeton Area Community Foundation’s COVID-19 relief fund, provided support for McCarter Theater, D&R Greenway, Princeton Day School, Arts Council of Princeton, Princeton Public Library, and others.

John Burns, 83, of Ewing on May 11. He was a sales representative for Lance Snack Distributors in Trenton for more than 25 years.

Diana S. Deane, 66, on April 25. She retired from Glenmede Trust Company in 2008.

Howard Stein on May 16. The Korean War veteran was the marketing director for Princeton radio stations WPST and WHWH for more than 40 years.

Lawrence Ostrowski Sr., 72, on May 12. He was the maintenance manager at the Lifetime Brands Distribution Center in Robbinsville for the past 20 years.

Stephen J. Sadley Jr., 64, on May 13. He worked for several companies installing and maintaining alarms and also served for many years as a deliverer for U.S. 1.

Peter Yacyk, 93, on May 16. He spent 31 years with Rider University as a professor and as assistant dean of education and was the author of several books.

Judith Ceccoli Colnaghi, 78, on May 9. She worked for more than 25 years as a consultant with the state departments of labor, human services, and treasury.

Sanjiv Sharma, 54, on May 5. He was a business analyst with ETS for 17 years.

Thomas L. Brophy Jr., 78, on May 10. He ran the family business, Brophy’s Shoes of Palmer Square, for many years, and after the store closed worked for the state in the unemployment division. He also wrote for the Princeton Packet and Town Topics and published a book, “Little Victories.”

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