Press Release:
CYTOCHROMA ANNOUNCES APPOINTMENT OF
ULRIK SPORK TO BOARD OF DIRECTORS
Markham, Ontario,
Canada — October 30, 2008 — Cytochroma today
announced the appointment of Ulrik Spork to its Board of Directors. Mr.
Spork will represent Novo A/S on the Company’s Board
and replaces Dr. Søren Schifter, who is leaving Novo
A/S. The number of Board members remains unchanged at
six members.
“We are very pleased to welcome
Ulrik Spork to our board and look forward to drawing on his
expertise and experiences as we continue building Cytochroma
into a leading CKD-focused specialty pharmaceutical company,” stated
Alan Lewis, Ph.D., Chairman of Cytochroma’s Board of
Directors. “We
would also like to thank Søren Schifter for his advice
to Cytochroma over the years, and wish him well in the future.”
Ulrik
Spork has significant experience in corporate strategy, business
development, M&A, product development, and international
marketing. As Senior Partner, he led the establishment
of venture investment activities by Novo A/S from its inception
in 1999. Prior to the formation of Novo A/S, Mr. Spork
was Director of Corporate Development at Novo Nordisk A/S,
during which he was involved in that company’s strategic
planning and managed a number of acquisitions. He holds an
MSc in Engineering from the Technical University of Copenhagen
and a BSc in International Economics.
About Cytochroma
Cytochroma
is a clinical stage specialty pharmaceutical company focused
on developing and commercializing proprietary products to treat
and prevent the clinical consequences of vitamin D insufficiency
and secondary hyperparathyroidism associated with chronic kidney
disease (CKD). The Company’s
vitamin D-based therapeutics are designed to safely and effectively
treat patients with Stage 3, 4 or 5 CKD. In addition,
Cytochroma is developing novel therapies to treat hyperphosphatemia
in these same patients.
For
information contact:
Gordon Ngan
Executive Director, Corporate Development
Tel: +1 (905) 479-5306 ext. 333
gordon.ngan@cytochroma.com
Media Inquiries:
Robert Stanislaro (FD)
Tel: +1 (212) 850-5657
robert.stanislaro@fd.com
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