Corporate | 13 June 2012 09:30
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4SC AG / Key word(s): Change of Personnel
Press Release 4SC AG announces election of Dr Thomas Werner to chairman of the Supervisory Board Planegg-Martinsried, Germany, 13 June 2012 – 4SC AG (Frankfurt, Prime Standard: VSC), a discovery and development company of targeted small molecule drugs for autoimmune diseases and cancer, today announced that the company's Supervisory Board has elected Dr Thomas Werner as its new chairman and Dr Manfred Rüdiger as its new deputy chairman, each with a term of office running until the end of the Annual General Meeting that takes a resolution on formally approving the actions of the members of the Supervisory Board for the 2012 financial year. As its deputy chairman, Dr Werner has chaired the Supervisory Board on an interim basis since 1 June 2012 after Dr Jörg Neermann resigned from his post as both a member and chairman of the Supervisory Board for personal reasons effective 31 May 2012. Dr Werner, a management consultant and the former managing director of GlaxoSmithKline Germany, has many years of experience and in-depth expertise in the pharmaceutical industry, including the field of oncology. He has been a member of 4SC's Supervisory Board since June 2009 and has been deputy chairman of the Supervisory Board since June 2010. Dr Rüdiger, venture partner at Munich-based LSP Life Sciences Partners, CEO of Affectis Pharmaceuticals AG, Planegg-Martinsried, and CEO of Kiadis Pharma B.V., Amsterdam, The Netherlands, has many years of experience and broad know-how in the biotechnology industry. He has been a member of the Supervisory Board of 4SC AG since August 2005. End of press release About 4SC The Group managed by 4SC AG (ISIN DE0005753818) discovers and develops targeted, small-molecule drugs for treating diseases with high unmet medical needs in various autoimmune and cancer indications. These drugs are intended to provide innovative treatment options that are more tolerable and efficacious than existing therapies, and provide a better quality of life. The Company's balanced pipeline comprises promising products that are in various stages of clinical development. 4SC's aim is to generate future growth and enhance its enterprise value by entering into partnerships with leading pharmaceutical companies. Founded in 1997, 4SC had 90 employees at 31 March 2012. 4SC AG has been listed on the Prime Standard of the Frankfurt Stock Exchange since December 2005.
Legal Note
For more information please visit www.4sc.com or contact:
4SC AG
MC Services
The Trout Group (USA)
End of Corporate News 13.06.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | 4SC AG | |
| Am Klopferspitz 19a | ||
| 82152 Martinsried | ||
| Germany | ||
| Phone: | +49 (0)89 7007 63-0 | |
| Fax: | +49 (0)89 7007 63-29 | |
| E-mail: | public@4sc.com | |
| Internet: | www.4sc.de | |
| ISIN: | DE0005753818 | |
| WKN: | 575381 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 173712 13.06.2012 |