Franklin M.  Berger net worth and biography

Franklin Berger Biography and Net Worth

Franklin M. Berger has served on our board of directors since December 2025. Mr. Berger has more than 25 years of experience in capital markets and financial analysis. Mr. Berger also serves on the board of directors of Satellos Bioscience Inc. (Nasdaq: MSLE) since September 2023, and Kezar Life Sciences, Inc. (Nasdaq: KZR) since January 2016. Mr. Berger previously served on the board of directors of ESSA Pharma Inc. from March 2015 to October 2025, Rain Therapeutics, Inc. from May 2020 to January 2024, Atreca Inc. from October 2014 to May 2024, BELLUS Health, Inc. from May 2010 to June 2023, Tocagen, Inc. from October 2014 to December 2020, Proteostasis Therapeutics, Inc. from February 2016 to December 2020 and Five Prime Therapeutics, Inc. from October 2014 to April 2021.

From January 2007 to June 2008, Mr. Berger worked at Sectoral Asset Management Inc., an investment management firm, as a founder of the small-cap focused NEMO Fund. Prior to that, he served at J.P. Morgan Securities, a securities brokerage company, most recently as Managing Director, Equity Research and Senior Biotechnology Analyst, and served in similar capacities at investment banking firms Salomon Smith Barney and Josephthal & Co.

Mr. Berger received his B.A. in International Relations from Johns Hopkins University, M.A. in International Economics from Johns Hopkins University and M.B.A. from Harvard University. He serves on the Council of Rockefeller University and was a Founding Fellow of the Biotechnology Study Center at New York University School of Medicine.

What is Franklin M. Berger's net worth?

The estimated net worth of Franklin M. Berger is at least $116 thousand as of October 13th, 2026. Berger owns 10,000 shares of Retension Pharmaceuticals stock worth more than $116,000 as of October 14th. This net worth estimate does not reflect any other investments that Berger may own. Learn More about Franklin M. Berger's net worth.

How do I contact Franklin M. Berger?

The corporate mailing address for Berger and other Retension Pharmaceuticals executives is 1104 West Broad Street 1029, Falls Church, VA, 22046. Retension Pharmaceuticals can also be reached via phone at (703) 624-2024. Learn More on Franklin M. Berger's contact information.

Has Franklin M. Berger been buying or selling shares of Retension Pharmaceuticals?

During the last ninety days, Franklin M. Berger has bought $120,000.00 of Retension Pharmaceuticals stock. Most recently, on Tuesday, October 13th, Franklin M. Berger bought 10,000 shares of Retension Pharmaceuticals stock. The stock was acquired at an average cost of $12.00 per share, with a total value of $120,000.00. Following the completion of the transaction, the director now directly owns 10,000 shares of the company's stock, valued at $120,000. Learn More on Franklin M. Berger's trading history.

Who are Retension Pharmaceuticals' active insiders?

Retension Pharmaceuticals' insider roster includes Franklin Berger (Director), and Eric Keller (Chief Executive Officer, Co-Founder & Chairman). Learn More on Retension Pharmaceuticals' active insiders.

Are insiders buying or selling shares of Retension Pharmaceuticals?

During the last twelve months, Retension Pharmaceuticals insiders bought shares 2 times. They purchased a total of 30,800 shares worth more than $369,600.00. The most recent insider tranaction occured on October, 13th when CEO Eric L. Keller bought 20,800 shares worth more than $249,600.00. Learn More about insider trades at Retension Pharmaceuticals.

Information on this page was last updated on 10/13/2026.

Franklin M. Berger Insider Trading History at Retension Pharmaceuticals

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/13/2026Buy10,000$12.00$120,000.0010,000View SEC Filing Icon  
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Franklin M. Berger Buying and Selling Activity at Retension Pharmaceuticals

This chart shows Franklin M. Berger's buying and selling at Retension Pharmaceuticals by year and by quarter.

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Retension Pharmaceuticals Company Overview

We are a clinical-stage biopharmaceutical company focused on developing medicines for the treatment of hypertension and other cardiovascular diseases. Our product candidate, RTN-001, is a next-generation, once-daily, oral, small molecule phosphodiesterase-5 (“PDE-5”) inhibitor designed to reduce blood pressure by potentiating nitric oxide signaling, a key mechanism underlying the development and severity of hypertension. While first-generation PDE-5 inhibitors, such as Viagra (sildenafil), were originally studied in cardiovascular indications such as hypertension and angina, we believe they did not have adequate bioavailability and tissue penetration to impact the smooth muscle cells of the central vascular and cardiac tissues and thus failed to achieve clinically meaningful reductions in blood pressure. RTN-001 differs from first-generation PDE-5 inhibitors as it has been specifically engineered to have increased bioavailability and an increased distribution to the muscular arteries in the body such as the aorta and its branches in the central vasculature. In two Phase 2 pilot trials, RTN-001 achieved clinically meaningful placebo-adjusted reductions in systolic blood pressure (“SBP”) and diastolic blood pressure (“DBP”) in patients with hypertension and was generally well tolerated, with no drug-related serious adverse events (“SAEs”) reported. We believe RTN-001 has the potential to be an effective treatment for hypertension with a favorable safety profile and thus be part of an anti-hypertensive treatment approach. Hypertension is among the most prevalent chronic diseases worldwide and is a leading modifiable risk factor for preventable cardiovascular morbidity and mortality. Even small blood pressure reductions, as low as 5 mmHg, yield measurable improvements in major cardiovascular events and outcomes. Currently, we are developing RTN-001 for the treatment of patients with uncontrolled hypertension (“uHTN”), defined as individuals with blood pressure of 130/80 mmHg or higher while receiving two or more concomitant anti-hypertensive medications; and resistant hypertension (“rHTN”), defined as individuals whose blood pressure does not fall below 130/80 mmHg despite treatment with three or more agents, including a diuretic. In the United States, an estimated 120 million adults, or nearly half of all adults, have hypertension. Because severe hypertension is oftentimes asymptomatic, it is often described by physicians as “the silent killer”. Patients can be either unaware of the severity of their condition or have difficulty remaining compliant with the requisite polypharmacy necessary to control the disease. Persistent elevation of blood pressure is strongly associated with an increased risk of serious clinical consequences, including cardiovascular disease, heart failure, stroke, progressive renal impairment, and other end-organ damage, particularly in patients with other risk factors such as diabetes, obesity and aging. Notwithstanding the broad availability of various antihypertensive therapies, a substantial unmet medical need persists. RTN-001 was designed to lower blood pressure by enhancing nitric oxide signaling via the nitric oxide-cyclic guanosine monophosphate (“cGMP”) pathway. Nitric oxide is an endogenous vasodilator that directly dilates blood vessels via cGMP activation. Thus, the nitric oxide pathway is a critical component of blood pressure regulation by modulating the level of vascular tone, the degree of contraction of the arterial smooth muscle cells, the major cellular component of the muscular arteries comprising the central vasculature and its branches. PDE-5 is an enzyme that degrades cGMP. By inhibiting cGMP degradation, endogenous nitric oxide-mediated vasoregulatory mechanisms are enhanced. Nitric oxide is also a potent anti-inflammatory molecule, critical for reducing metabolic stress that occurs during the aging process, as well as in medical conditions associated with hypertension such as diabetes, hyperlipidemia and obesity. Enhancing PDE-5 inhibitor-mediated vasodilation is a well-established therapeutic mechanism in penile and pulmonary vasculature tissues, as thinner readily accessible vasculature is involved. As such, first-generation PDE-5 inhibitors are approved for use to treat erectile dysfunction (“ED”) and Type 1 Pulmonary Arterial Hypertension (“PAH”). Notably, first-generation PDE-5 inhibitors were unable to meaningfully reduce blood pressure, which we hypothesize is due to limited biodistribution into the thicker, more compartmentalized, and smooth muscle cell-rich central vascular tissues. RTN-001 was engineered using a proprietary surface chemistry-based platform that enables precise tuning of physicochemical properties to more effectively distribute into cardiovascular smooth muscle tissues than first-generation PDE-5 inhibitors. In October 2025, we initiated a randomized, multicenter, double-blind, placebo-controlled Phase 2b dose-ranging trial to: (i) identify the minimally effective and optimal dose of the modified release formulation of RTN-001 and (ii) assess the safety and efficacy of RTN-001 for the treatment of adult patients with uHTN while still under treatment with two to five concomitant antihypertensive medications in larger, “real world” settings. The primary endpoint of the trial is the change in peripheral office-seated SBP at week 4 compared to placebo. Key secondary endpoints of the trial include (1) mean change from baseline ambulatory blood pressure monitoring (“ABPM”) over 24 hours and (2) mean change in central blood pressure compared to placebo. Additionally, the trial includes pharmacokinetics and safety assessments to characterize drug exposure, support dose selection and evaluate the overall safety and tolerability profile of RTN-001. Exploratory endpoints include the assessment of the effect of RTN-001 on renal function and nocturnal hypertension. We believe this trial will enable and inform our planned Phase 3 clinical trial. Initial data is expected in the first half of 2027. Retension Pharmaceuticals, Inc. was incorporated as a Delaware corporation on July 26, 2023. Our principal executive office is in Falls Church, Virginia.
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Today's Range

Now: $11.64
Low: $11.00
High: $12.25

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2 Week Range

Now: $11.64
Low: $9.66
High: $12.50

Volume

77,188 shs

Average Volume

127,814 shs

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