Healthcare Industry News: cetrorelix
News Release - May 7, 2007
AEterna Zentaris Bolsters Management Team with Two Key Positions NamedSVP, Business Operations and Chief Business Officer
SVP, Regulatory Affairs and Quality Assurance
QUEBEC CITY, May 7 (HSMN NewsFeed) - AEterna Zentaris Inc. (TSX: AEZ ; NASDAQ: AEZS ), a global biopharmaceutical company focused on endocrine therapy and oncology, today announced the filling of two key management positions, strengthening the existing management team. The Company named Ellen McDonald, MBA, Senior Vice President, Business Operations and Chief Business Officer as well as Nicholas J. Pelliccione, Ph.D., Senior Vice President, Regulatory Affairs and Quality Assurance.
"We have reached a critical inflection point in the evolution of the Company and the high-level expertise that Ellen and Nick bring to the team will prove to be invaluable. Ellen brings proven leadership and business acumen and we will benefit tremendously from her contributions from a strategic and operational standpoint. We will clearly utilize her vast marketing and commercialization experience preparing the groundwork for pre-launch and pre-marketing activities for cetrorelix in BPH," stated David J. Mazzo, Ph.D., President and Chief Executive Officer of AEterna Zentaris. "Nick's strong regulatory and drug development expertise is essential as we advance our Phase 3 program for cetrorelix in BPH, preparing for the expected filing of an NDA in 2009. His expertise will also be pivotal in advancing additional priority compounds through the pipeline into later-stage development and eventual registration."
Ellen McDonald has 18 years experience in the biopharmaceutical industry. She is a proven executive with broad technical and managerial skills. Ms. McDonald joins the Company from Chugai Pharma USA where she was the Senior Vice President, Business Operations and led all company business operations with specific responsibility and focus on Business Development, Strategic Alliances, Marketing, and Corporate Planning. Prior to her position at Chugai, Ms. McDonald was Senior Vice President, Cardiovascular Marketing and Medical at Bristol Myers Squibb and held positions with increasing responsibility at Johnson and Johnson, Inc. where, prior to leaving, she was the Vice President, Oncology Franchise of Ortho Biotech Inc.
Ms. McDonald holds a B.S. in General Engineering with a minor in International Relations from the United States Military Academy, West Point New York and an MBA, Executive Program from Columbia University, New York.
Dr. Pelliccione has demonstrated the ability to be a multi-faceted leader in the areas of global Regulatory Affairs, Quality Assurance and Pharmaceutical Development for more than 20 years. In previous roles, Dr. Pelliccione has been responsible for the clinical/preclinical and CMC regulatory aspects of new drugs in the oncology, anti-infectives, cytokines and cardiovascular therapy areas, leading to several approvals. He joins the Company from Chugai Pharma USA where he served as Senior Vice President, Regulatory and Pharmaceutical Sciences. Prior to his experience at Chugai, Dr. Pelliccione spent more than 15 years at Schering Plough Corporation holding positions with increasing responsibility from Manager of Regulatory Affairs, Oncology to, prior to his departure, Vice President, Global Regulatory Affairs, Chemistry, Manufacturing and Controls.
Dr. Pelliccione holds a Ph.D. in Biochemistry from Mount Sinai School of Medicine, New York and a BS in Chemistry from Polytechnic University.
About AEterna Zentaris Inc.
AEterna Zentaris Inc. is a global biopharmaceutical company focused on endocrine therapy and oncology with proven expertise in drug discovery, development and commercialization.
News releases and additional information are available at www.aeternazentaris.com.
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the U.S. Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements preceded by, followed by, or that include the words "believes", "anticipates", "intends", "plans", "expects", "estimates", "will," "may", "should", "approximately", and the negative or other variations of those terms or comparable terminology, are forward-looking statements. Such statements reflect management's current views, intentions, strategies and plans and are based on certain assumptions.
Forward-looking statements involve known and unknown risks and uncertainties, which could cause the Company's actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, among others, the ability of AEterna Zentaris to implement its business strategies, the availability of funds and resources to pursue R&D projects, the successful and timely completion of clinical studies, the ability of AEterna Zentaris to take advantage of business opportunities in the pharmaceutical industry, uncertainties related to the regulatory process and general changes in economic conditions. Investors should consult the Company's quarterly and annual filings with the Canadian and U.S. securities commissions for additional information on risks and uncertainties relating to the forward-looking statements. Investors are cautioned not to rely on these forward-looking statements. The Company does not undertake to update these forward-looking statements.
Source: AETERNA ZENTARIS
Issuer of this News Release is solely responsible for its
Please address inquiries directly to the issuing company.