SkyePharma's Chief Operating Officer Appointed to Board
17 Mayo 2006 - 9:00AM
PR Newswire (US)
LONDON, May 17 /PRNewswire-FirstCall/ -- SkyePharma PLC
(LSE:SKP)(NASDAQ: SKYE) announces the appointment of Dr Ken
Cunningham, Chief Operating Officer, as a Director of the Company.
It was announced in February that Dr Ken Cunningham, previously
Chief Executive of the privately-owned UK biotechnology company
Arakis, would become Chief Operating Officer of SkyePharma and he
took up this appointment on 24 April. Dr Ken Cunningham said: "I am
very pleased to join the Board of SkyePharma. With the ongoing
divestment of our Injectables business, I will be focusing on the
management of our core Oral and Inhalation products where I will
apply my experience in pharmaceutical development. I am impressed
by SkyePharma's technical staff and see working with them to
maximise the value of our pipeline products as a key part of my
role at SkyePharma." Dr Jerry Karabelas, SkyePharma's Non-executive
Chairman, said: "We welcome Ken to the Board and look forward to
gaining his input on operational and strategic decisions."
Shareholders will have the opportunity to confirm the appointment
of Dr Cunningham as a Director at the next Annual General Meeting,
which will be in June 2006. For further information please contact:
SkyePharma PLC Frank Condella, Chief Executive +44 207 491 1777
Peter Laing, Director of Corporate Communications +44 207 491 5124
Sandra Haughton, US Investor Relations +1 212 753 5780 Buchanan
Communications +44 207 466 5000 Tim Anderson / Mark Court / Rebecca
Skye Dietrich About SkyePharma SkyePharma PLC develops
pharmaceutical products benefiting from world-leading drug delivery
technologies that provide easier-to-use and more effective drug
formulations. There are now twelve approved products incorporating
SkyePharma's technologies in the areas of oral, injectable, inhaled
and topical delivery, supported by advanced solubilisation
capabilities. For more information, visit
http://www.skyepharma.com/. Certain statements in this news release
are forward-looking statements and are made in reliance on the safe
harbour provisions of the U.S. Private Securities Litigation Act of
1995. Although SkyePharma believes that the expectations reflected
in these forward-looking statements are reasonable, it can give no
assurance that these expectations will materialize. Because the
expectations are subject to risks and uncertainties, actual results
may vary significantly from those expressed or implied by the
forward-looking statements based upon a number of factors, which
are described in SkyePharma's 20-F and other documents on file with
the SEC. Factors that could cause differences between actual
results and those implied by the forward-looking statements
contained in this news release include, without limitation, risks
related to the development of new products, risks related to
obtaining and maintaining regulatory approval for existing, new or
expanded indications of existing and new products, risks related to
SkyePharma's ability to manufacture products on a large scale or at
all, risks related to SkyePharma's and its marketing partners'
ability to market products on a large scale to maintain or expand
market share in the face of changes in customer requirements,
competition and technological change, risks related to regulatory
compliance, the risk of product liability claims, risks related to
the ownership and use of intellectual property, and risks related
to SkyePharma's ability to manage growth. SkyePharma undertakes no
obligation to revise or update any such forward-looking statement
to reflect events or circumstances after the date of this release.
DATASOURCE: SkyePharma PLC CONTACT: Frank Condella, Chief
Executive, +44-207-491-1777, or Peter Laing, Director of Corporate
Communications, +44-207-491-5124, or Sandra Haughton, US Investor
Relations, +1-212-753-5780, all of SkyePharma PLC; or Tim Anderson,
or Mark Court, or Rebecca Skye Dietrich, all of Buchanan
Communications, +44-207-466-5000 Web site:
http://www.skyepharma.com/
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