Chiroscience Group - Re Directorate
12 Agosto 1998 - 9:30AM
UK Regulatory
RNS No 5422t
CHIROSCIENCE GROUP PLC
12th August 1998
CHIROSCIENCE ANNOUNCES NEW CHAIRMAN AND BOARD CHANGE
Mr Hugh Collum has been appointed a Director of Chiroscience Group plc
with effect from 1st October 1998 and will succeed Lord Henry Chilver as
Chairman with effect from the same date. Lord Chilver announced his
intention to retire as Chairman and as a Director in the 1998 Report and
Accounts, following more than three successful years overseeing the
transition of Chiroscience into one of the UK's leading emerging
pharmaceutical companies. The Board wishes to thank Lord Chilver for
his considerable commitment to Chiroscience during his period as
Chairman.
Hugh Collum is currently Executive Vice President and Chief Financial
Officer of SmithKline Beecham plc. He is a Non-Executive Director of
M&G Group plc, Whitehead Mann Group plc and Safeway plc. Prior to
joining Beecham in 1987, Hugh was Finance Director of Cadbury Schweppes
plc. He was a member of the Cadbury Committee on the Financial Aspects
of Corporate Governance and was also Chairman of The Hundred Group of
Finance Directors for 1990/92.
Dr Robert Jackson has been appointed Executive Director, Research and
Development for Chiroscience Group plc, broadening his existing
responsibilities. Bob was appointed a Director in July 1997, when he
joined Chiroscience from Agouron Pharmaceuticals Inc to be responsible
for all Chiroscience R&D Ltd's UK activities. He will also take
responsibility for Chiroscience R&D activities in Seattle, directing all
work from 'gene to drug'. Dr Jackson will host an R&D Update on
September 29th in London and October 9th in New York, describing the
Group's progress in gene and drug discovery and providing an update on
the development pipeline.
Following the successful integration of the scientific activities in
Seattle and Cambridge, Dr David Galas has indicated his wish to spend a
greater proportion of his time in an academic environment and, with
effect from 31st August 1998, will move to a part-time position to
enable him to become Chief Academic Officer and Vice-President of the
Keck Graduate Institute of Applied Life Sciences, Claremont, California.
David will resign as a Director of Chiroscience Group plc from the above
date, though will continue to play an active advisory role in the
scientific activities conducted in the Chiroscience's facility in
Seattle. In this role he will report to Dr Robert Jackson and the
President of the newly-formed Rapigene Inc., whose appointment is
anticipated shortly.
The Board thanks David for his formative role in the creation and
development of Chiroscience's genomic capabilities and for his active
role in the integration of the scientific activities in Seattle and
Cambridge. These have helped to create a valuable drug discovery and
development capability which is unique within the sector.
For further information contact:
Dr John Padfield, Chief Executive
Rebecca Iveson, Media and Investor Relations
Tel: +44 (0) 1223 420430
http://www.chiroscience.com
Giles Sanderson
Financial Dynamics
Tel: +44 (0) 171 831 3113
NOTES TO EDITORS
Chiroscience Group plc
Chiroscience Group plc is an emerging pharmaceutical company which uses
its diverse technology platform to discover and develop novel medicines
for improved healthcare. It is listed on the London Stock Exchange.
The Group has three principal activities: Chiroscience R&D; Rapigene;
and ChiroTech.
The Chiroscience R&D drug discovery and development activities are based
in Cambridge and Stevenage, England, and Seattle, Washington, USA and
encompass skills from gene-based target research and molecular biology,
through chiral-based, combinatorial, medicinal, and process chemistries,
to clinical development and registration. The focus of activities is on
the discovery and development of innovative small molecule drugs and
related diagnostics with a therapeutic focus on cancer, inflammation,
pain, osteoporosis and autoimmune diseases.
Rapigene is involved in the creation and provision of genomic
technologies and services to partner companies and to Chiroscience's
drug discovery programmes. Its DNA analysis systems comprise of DNA
hybridization, DNA arrays and mass spectrometry tags.
ChiroTech provides chiral technology services to customers within the
pharmaceutical and related industries, including Chiroscience R&D.
END
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