Progenics Pharmaceuticals, Inc. Announces Promotion of Mark R. Baker to President and Appoints Him to Board of Directors

TARRYTOWN, N.Y.--(BUSINESS WIRE)--Progenics Pharmaceuticals, Inc. (Nasdaq: PGNX) today announced the promotion of Mark R. Baker to the newly created position of President. Mr. Baker was also appointed to the Board of Directors. He will continue to report to Paul J. Maddon, M.D., Ph.D., Progenics’ Founder, Chief Executive Officer and Chief Science Officer. In his new role, Mr. Baker will be responsible for overseeing the Company’s commercial development, strategic planning, business development, investor relations, corporate communications, finance and accounting, operations and legal affairs. With Mr. Baker’s appointment, Progenics’ newly expanded board now has nine members. Prior to his promotion, Mr. Baker was Executive Vice President – Corporate. He joined the company in 2005 as Senior Vice President and General Counsel.

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