Press Release:
CYTOCHROMA ANNOUNCES APPOINTMENT OF
GORDON NGAN, CFA, MBA AS EXECUTIVE DIRECTOR, CORPORATE DEVELOPMENT
Markham, Ontario,
Canada — August 23, 2007 — Cytochroma
Inc. announced today that Mr. Gordon Ngan has joined
Cytochroma’s management team as Executive Director,
Corporate Development. Mr. Ngan will be responsible
for coordinating corporate finance and related investor activities,
as well as securing corporate partnerships with firms focused
on the chronic kidney disease (CKD) market.
Mr. Ngan brings
to Cytochroma more than 10 years of finance, capital markets,
investor relations, and business development experience. Most recently, Mr. Ngan was Associate Analyst,
Biotechnology and Pharmaceuticals for the Equity Research group
at National Bank Financial where he was involved in identifying
and researching promising healthcare companies. Previous
to his experiences on the sellside, he held a number of industry
roles at BioChem Pharma and Shire Pharmaceuticals Group plc,
including Head of North American Investor Relations, and then
Global Head of Investor Relations, followed by a role in business
development at Shire’s UK headquarters. In this
latter role, Mr. Ngan worked on a number of successful partnership
deals in the renal, hematology, and CNS fields.
“We are pleased to welcome Gordon
to the management team at Cytochroma,” said Charles W. Bishop, PhD, President
and CEO. “We intend to further develop Cytochroma’s
capital markets and investor strategy and Gordon brings valuable
experience and a unique perspective that will play a critical
role in achieving this goal.”
“Cytochroma has an experienced management team which
has built a remarkable portfolio of renal products addressing
clear areas of unmet medical need and has established strong
relationships with key opinion leaders in the scientific and
clinical community. I am delighted to join Cytochroma
at this exciting stage of the Company’s development,” stated
Mr. Ngan. “I look forward
to working with investors and corporate partners to rapidly
grow the company and advance its products.”
About
Cytochroma
Cytochroma (www.cytochroma.com)
is a specialty pharmaceutical company engaged in the development
and commercialization of proprietary products to treat and
prevent the clinical consequences of Vitamin D insufficiency.
The Company has an advanced portfolio of new therapies for
Vitamin D insufficiency and secondary hyperparathyroidism associated
with CKD. In addition, the Company is developing novel
therapies to treat hyperproliferative disorders, such as cancer
and psoriasis, and hyperphosphatemia.
For information
contact:
Eric J. Messner
Vice President
Commercial
Operations
905-479-5306 ext.
338
eric.messner@cytochroma.com
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