26 May 2006
Cyprotex expands further in to the United States with the
appointment of Global Head of Business Development
Cyprotex PLC, the drug discovery technology and information company,
is pleased to announce its further expansion in to the United States.
Mitchell Winfree has been appointed the senior role of Global Head
of Business Development. His role is further complemented by the additional
appointment of a Director of West Coast Business Development. Both
will concentrate on capturing North American sales opportunities.
The US is seen to offer a great wealth of opportunities for Cyprotex
in terms of key partners, collaborations and customers. With as much
as 60% of the early stage global drug development concentrated in
North America, an abundance of small and medium-sized biotechs / Contract
Research Organisations (CRO’s) and generally greater propensity
toward outsourcing services such as high-throughput ADME/Tox screening,
this territory has become a principal focus.
Mitchell Winfree becomes Global Head of Business Development and
brings international experience in the pharmaceutical and biotechnology
industry, having held senior positions at both Absorption Systems
LP, a privately held CRO working with Pharmaceuticals and Biotech
partners, and PPD, Inc (DNA Sciences, Inc) an applied genetics company
focused on the discovery and commercialization of DNA based diagnostic
tests
Cyprotex has also appointed an experienced Director of West Coast
Business Development, with a view to echoing the success of last year’s
similar appointment on the East Coast.
Commenting on these appointments, Robert Morrisson Atwater, CEO of
Cyprotex, said: ‘We welcome the new appointments into the Cyprotex
Group. Both individuals have significant experience and innovative
flair, and will play a substantial role in driving forward sales as
the Company enters into an exciting phase of growth and development.”
For further information:
Cyprotex PLC
Robert Morrison Atwater,Chairman and Chief Executive Officer
Tel: +44 (0)1625 505 100
ir@cyprotex.com
www.cyprotex.com
Code Securities Limited
Chris Collins, Corporate Finance
Tel: +44 (0)20 7776 1200
cic@codesecurities.com
www.codesecurities.com
Media Enquires:
Abchurch
Heather Salmond/Georgina Bonham
Tel: +44 (0)20 7398 7700
heather.salmond@abchurch-group.com
www.abchurch-group.com
|