ADVENTRX Pharmaceuticals Inc. Announces Management Promotions

SAN DIEGO, Feb. 4 /PRNewswire-FirstCall/ -- ADVENTRX Pharmaceuticals, Inc. today announced that, effective immediately, Brian M. Culley, previously the Company’s Chief Business Officer and a Senior Vice President, will serve as its Chief Executive Officer and Patrick L. Keran, previously the Company’s General Counsel, will serve as its President and Chief Operating Officer. Mr. Keran also will continue to serve as the Company’s Secretary and Principal Financial and Accounting Officer.

About ADVENTRX Pharmaceuticals

ADVENTRX Pharmaceuticals is a specialty pharmaceutical company whose product candidates are designed to improve the performance of existing cancer treatments by addressing limitations associated principally with their safety and use. More information can be found on the Company’s web site at www.adventrx.com.

You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date when made. ADVENTRX does not intend to revise or update any forward-looking statement set forth in this press release to reflect events or circumstances arising after the date on which it was made.

ADVENTRX Pharmaceuticals, Inc.

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