Stephen Beckman Joins Inyx as Vice President Sales & Marketing and Commercial Development
September 12 2005 - 9:46AM
PR Newswire (US)
NEW YORK, Sept. 12 /PRNewswire-FirstCall/ -- Inyx, Inc. (OTC:IYXI)
(BULLETIN BOARD: IYXI) , a specialty pharmaceutical company with a
focus on niche drug delivery technologies and products, today
announced that Stephen Beckman has joined the company in the new
position of Vice President Sales & Marketing and Commercial
Development. Mr. Beckman's responsibilities will include directing
Inyx's new co- marketing relationship with King Pharmaceuticals,
Inc. (NYSE:KG), under which Inyx will co-market King's Intal(R) and
Tilade(R) respiratory products. Inyx's co-marketing of Intal(R) and
Tilade(R) will be conducted by a newly established wholly owned
Inyx subsidiary, Exaeris, Inc., which will be independent of the
company's contract development and manufacturing operations. Jack
Kachkar, M.D., Chairman and Chief Executive Officer of Inyx, Inc.,
said, "We are very pleased to have Steve Beckman, who has more than
15 years of sales and marketing experience in the respiratory
products sector, join Inyx to manage our new co-marketing
initiatives with King Pharmaceuticals as well as cultivate other
new commercial business opportunities for Inyx." "I am very excited
to join Inyx at this stage in the company's evolution. Inyx's
expertise and technologies in aerosol drug delivery, particularly
in inhalation therapy, are strategic niches on the threshold of
material growth opportunities in today's marketplace," said Mr.
Beckman. "Mr. Beckman has joined our company at a particularly
auspicious time," Dr. Kachkar noted, "as we have commenced three
'transforming events' in Inyx's history within the past six
months." On September 8, 2005, Inyx and King Pharmaceuticals
announced that they have entered into a long-term, strategic
alliance that represents Inyx's first revenue-sharing deal with a
client. On August 31, 2005, Inyx announced completion of its
strategic acquisition of Celltech Manufacturing Services Limited in
Ashton, England (near Manchester), expanding Inyx's development and
production capabilities as well as strengthening Inyx's abilities
to serve the United Kingdom, Europe and Asia. On March 31, 2005,
Inyx completed its acquisition of certain assets and business of
Aventis Pharmaceuticals Puerto Rico Inc. from sanofi-aventis Group
(NYSE:SNY), providing Inyx with a strategic operating base in the
United States. Stephen Beckman Prior to joining Inyx, Mr. Beckman
served as a consultant to the pharmaceutical industry. Earlier, he
served as Corporate Vice President of Global Franchise Management
and Vice President of Corporate Marketing, Respiratory for Altana
Pharma AG. He also was Worldwide Director - Pulmonary Marketing for
Smithkline Beecham Pharmaceuticals. Mr. Beckman has held executive
marketing positions also with Astra Merck Corporation and Fisons
Pharmaceuticals Corporation, and he began his career with Marion
Merrell Dow Pharmaceuticals. Mr. Beckman holds a B.S. in Marketing
from Syracuse University and graduate studies in pharmaceutical
marketing from UCLA and advanced studies at the Wharton School of
Business. About Inyx Inyx, Inc. is a specialty pharmaceutical
company with niche drug delivery technologies and products for the
treatment of respiratory, allergy, dermatological, topical and
cardiovascular conditions. Inyx focuses its expertise on both
prescription and over-the-counter pharmaceutical products, and
provides specialty pharmaceutical development and production
consulting services. In addition, Inyx is developing its own
proprietary products to be marketed by selected clients and
strategic partners. The company's operations are conducted through
several wholly owned subsidiaries, including: Inyx USA, Ltd., based
in Manati, Puerto Rico; Inyx Pharma Limited, near Manchester,
England; Inyx Europe Limited, also near Manchester; and Inyx
Canada, Inc. in Toronto. Inyx, Inc.'s corporate offices are in New
York City. For more information, please visit:
http://www.inyxinc.com/. Safe Harbor Statements about Inyx's future
expectations, including future revenues and earnings, and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. Inyx intends that such
forward-looking statements be subject to the safe harbors created
thereby. Since these statements involve risks and uncertainties and
are subject to change at any time, Inyx's actual results could
differ materially from expected results. For more information,
please contact: Jay M. Green, Executive VP Inyx, Inc. 212-838-1111
DATASOURCE: Inyx, Inc. CONTACT: Jay M. Green, Executive VP of Inyx,
Inc., +1-212-838-1111, Web site: http://www.inyxinc.com/
Copyright