Cipher appoints Dr. William Claypool to Board of Directors
MISSISSAUGA, ON,
Since
"I am very pleased to welcome William to Cipher's Board," said William Garriock, Chairman of Cipher Pharmaceuticals. "He brings a wealth of clinical development expertise, having led global clinical development at SmithKline Beecham, as well as significant Board-level experience in the life sciences industry, which makes him a valuable addition to our Board of Directors."
About Cipher Pharmaceuticals Inc.
Cipher Pharmaceuticals is a drug development company focused on commercializing novel formulations of successful, currently marketed molecules using advanced drug delivery technologies. Cipher's strategy is to in-license products that incorporate proven drug delivery technologies and advance them through the clinical development and regulatory approval stages, after which the products are out-licensed to international partners. Because Cipher's products are based on proven technology platforms applied to currently marketed drugs, they are expected to have lower approval risk, shorter development timelines and significantly lower development costs. The Company's lead compound, CIP-FENOFIBRATE, received final approval from the U.S. Food and Drug Administration and Health
Cipher is listed on the
%SEDAR: 00020415E
For further information: Craig Armitage, Investor Relations, The Equicom Group, (416) 815-0700 ext 278, (416) 815-0080 fax, [email protected]; Larry Andrews, President and CEO, Cipher Pharmaceuticals, (905) 602-5840 ext 324, (905) 602-0628 fax, [email protected]
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