ChemGenex Appoints Jean-Luc Tetard to Board of Directors
August 05 2008 - 7:00AM
Business Wire
ChemGenex Pharmaceuticals Limited (ASX:CXS) (NASDAQ:CXSP) today
announced that Mr. Jean-Luc T�tard, the President of the Stragen
Group of companies, has joined the company�s Board of Directors
effective immediately. Mr. T�tard is an experienced senior
executive and director with more than 35 years' experience in the
pharmaceutical and biotechnology industries. As founding Chief
Executive Officer of Stragen Chemical SA and Stragen Pharma SA, Mr.
T�tard has, over a period of 18 years, guided the growth and
success of the Stragen Group as it has expanded to become a
European leader in developing and distributing generic
pharmaceuticals. The Stragen Group has obtained approximately 200
drug marketing approvals globally and has operations in
Switzerland, France, the UK, Germany, Scandinavia, Russia and
Canada. Prior to founding the Stragen Group Mr. T�tard worked for
the French pharmaceutical company Sanofi (now Sanofi-Aventis) as a
senior executive in pharmaceutical manufacturing. �As ChemGenex
looks to complete the clinical trials of omacetaxine mepesuccinate
over the coming months and moves towards FDA and EMEA submission,
Jean-Luc�s experience in marketing, distribution and corporate
development, particularly in the European context, will be an
invaluable asset for us,� said Greg Collier, Ph.D., Chief Executive
Officer and Managing Director. �We welcome Jean-Luc to the Board of
Directors and look forward to his contributions across the
organization.� �This is an exciting time to be joining ChemGenex,�
Mr. T�tard said. �I look forward to working with management and my
fellow Directors to realize the value of omacetaxine and the
company�s other assets, and to continue to build upon the successes
reported over the past year.� About ChemGenex Pharmaceuticals
Limited (http://www.chemgenex.com) ChemGenex Pharmaceuticals is a
pharmaceutical development company dedicated to improving the lives
of patients by developing personalized oncology medicines.
ChemGenex harnesses the power of genomics both to discover novel
targets and drug compounds, and in clinical trials to develop more
individualized treatment outcomes. ChemGenex�s lead compound,
omacetaxine mepesuccinate (formerly known as Ceflatonin�), is
currently in phase 2/3 clinical trials for chronic myeloid leukemia
(CML). ChemGenex has a second anticancer compound, amonafide
dihydrochloride (formerly known as Quinamed�) which is in phase 2
clinical development for various solid cancers, and a portfolio of
assets in pre-clinical development. ChemGenex currently trades on
the Australian Stock Exchange under the symbol "CXS" and on NASDAQ
under the symbol "CXSP". Details on the clinical trials can be
accessed from the following websites:
http://clinicaltrials.gov/ct2/show/NCT00375219?term=
homoharringtonine&rank=9 (Due to its length, this URL may need
to be copied/pasted into your Internet browser's address field.
Remove the extra space if one exists.) and
http://www.tkiresistantcmltrials.com Safe Harbor Statement Certain
statements made herein that use the words �estimate�, �project�,
�intend�, �expect�, �believe� and similar expressions are intended
to identify forward-looking statements within the meaning of the US
Private Securities Litigation Reform Act of 1995. These
forward-looking statements involve known and unknown risks and
uncertainties which could cause the actual results, performance or
achievements of the company to be materially different from those
which may be expressed or implied by such statements, including,
among others, risks or uncertainties associated with the
development of the company�s technology, the ability to
successfully market products in the clinical pipeline, the ability
to advance promising therapeutics through clinical trials, the
ability to establish our fully integrated technologies, the ability
to enter into additional collaborations and strategic alliances and
expand current collaborations and obtain milestone payments, the
suitability of internally discovered genes for drug development,
the ability of the company to meet its financial requirements, the
ability of the company to protect its proprietary technology,
potential limitations on the company�s technology, the market for
the company�s products, government regulation in Australia and the
United States, changes in tax and other laws, changes in
competition and the loss of key personnel. These statements are
based on our management�s current expectations and are subject to a
number of uncertainties that could change the results described in
the forward-looking statements. Investors should be aware that
there are no assurances that results will not differ from those
projected.
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