BASEL, SWITZERLAND--(Marketwire - December 10, 2012) - Basilea Pharmaceutica AG / Basilea
appoints Ronald Scott as CEO to succeed Anthony Man and expands
management team.
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Basilea Pharmaceutica Ltd. (SIX: BSLN)
announced today that it has promoted Ronald Scott, previously Chief
Operating
Officer, to Chief Executive Officer effective January 1, 2013 to succeed
Anthony
Man, MD, who has decided for personal reasons to leave the company as of
December 31, 2012.
"We are very pleased that Ron Scott will assume the role of CEO of Basilea
following the decision of Anthony Man to resign. Ron Scott is an esteemed
business leader in the pharmaceutical industry with a track record of
delivering
results and maintaining organization focus on business priorities. With
several
product candidates including highly competitive late-stage drugs in our
pipeline
and a strong cash position, Basilea has unique prospects to further create
substantial shareholder value," commented Werner Henrich, chairman of
Basilea.
"Anthony Man is one of the most experienced and respected drug development
executives in industry with an exceptional track record in bringing drugs
through to the market. We sincerely thank him for his leadership, integrity
and
resilience in guiding Basilea through very rewarding and challenging times
and
wish him all the best for his future endeavors."
For the last year Ron Scott served as COO responsible for all of Basilea's
operations including technical operations, commercial activities and
finance.
Prior to his position as COO he served as Basilea's CFO. Ron Scott led the
company's equity financings and significant business transactions.
Previously he
held senior management positions in the pharmaceutical industry with over
twenty
years of experience and in the financial sector.
Basilea's Management Committee has been enlarged to include Ms. Heidi
McDaid,
Head of Global Human Resources effective January 1, 2013. The Management
Team's
other members remain Prof. Dr. Achim Kaufhold, Chief Medical Officer since
2010; Dr. Ingrid Heinze-Krauss, Chief Technical Officer since 2006; Dr.
Laurenz
Kellenberger, Chief Scientific Officer since 2009; and Joachim Blatter,
Chief
Financial Officer since 2012.
About Basilea
Basilea Pharmaceutica Ltd. is headquartered in Basel, Switzerland, and
listed on
the SIX Swiss Exchange (SIX: BSLN). Through the fully integrated research
and
development operations of its Swiss subsidiary Basilea Pharmaceutica
International Ltd. ("Basilea") the company focuses on innovative
pharmaceutical
products in the therapeutic areas of bacterial infections, fungal
infections and
oncology, targeting the medical challenge of rising resistance and
non-response
to current treatment options.
Disclaimer
This communication expressly or implicitly contains certain forward-looking
statements concerning Basilea Pharmaceutica Ltd. and its business. Such
statements involve certain known and unknown risks, uncertainties and other
factors, which could cause the actual results, financial condition,
performance
or achievements of Basilea Pharmaceutica Ltd. to be materially different
from
any future results, performance or achievements expressed or implied by
such
forward-looking statements. Basilea Pharmaceutica Ltd. is providing this
communication as of this date and does not undertake to update any
forward-looking statements contained herein as a result of new information,
future
events or otherwise.
This press release can be downloaded from www.basilea.com.
Press release (PDF):
http://hugin.info/134390/R/1663509/539483.pdf
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Source: Basilea Pharmaceutica AG via Thomson Reuters ONE
[HUG#1663509]
