OGS Appoints Donald W. DeGolyer to Main Board as President of Global Therapeutics
OXFORD, UK, March 5 /PRNewswire-FirstCall/ --
Oxford GlycoSciences Plc (LSE: OGS, Nasdaq: OGSI) announced today that it has
appointed Don DeGolyer to the OGS Board of Directors as President of Global
Therapeutics with immediate effect.
Don joined OGS in September 2001 to lead the commercialisation of OGS'
drug products, including its lead compound Vevesca (OGT 918), an oral
treatment for type 1 Gaucher disease, which is currently undergoing regulatory
review. Prior to joining OGS, Don spent 16 years with Pfizer and Johnson &
Johnson where he was Vice President of Marketing and Sales.
Commenting on the appointment, Kirk Raab, Chairman of OGS said, "Don has
already made a substantial contribution to OGS through his leadership of
Global Therapeutics and I am delighted to welcome him to the main Board."
Notes to Editors
OGS has developed a patented technology platform in the emerging field of
proteomics, the comprehensive study of proteins, integrating proteomics with
genomics to create an innovative drug discovery platform. OGS' proteomics
collaborations with major pharmaceutical and biotechnology companies include
Bayer, Pioneer Hi-Bred/DuPont, Medarex/GenMab, GlaxoSmithKline, NeoGenesis and
Pfizer. OGS has technology development collaborations with Applera, Cambridge
Antibody Technology, Packard BioScience and the Institute for Systems Biology.
OGS has also entered into a joint venture, Confirmant Limited, to develop the
Protein Atlas of the Human Genome(TM).
OGS has drug research discovery programmes in central nervous system,
cancer, infectious disease and glycosphingolipid (GSL) storage disorders. OGS
has had submissions to regulatory authorities accepted for review in both
Europe and the US for its development compound, Vevesca (OGT 918), for the
treatment of type 1 Gaucher disease.
This release contains forward-looking statements, such as the commercial
potential and success of OGS' collaborations and drug candidates. Factors
that could cause actual results to vary significantly from those expressed or
implied by these and other forward-looking statements include the success of
OGS' research and development strategies, the validity of its technologies and
intellectual property position and strategies, the medical conclusions on
which Vevesca (OGT 918) is based and uncertainties related to the regulatory
process. Vevesca (OGT 918) is an investigational drug and has not received
approval for marketing in any country.
For further information please contact:
Oxford GlycoSciences Plc
Michael Kranda, Chief Executive Officer
Dr Stephen Parker, Chief Financial Officer
Tel: +44 (0) 1235 208000
WorldWide Web: www.ogs.com
UK: Financial Dynamics
Melanie Toyne Sewell/Sarah Mehanna
Tel: +44 (0) 20 7831 3113
+44 (0) 20 7269 7236
USA: Feinstein Kean
Michelle Linn/Michael Lawson
Tel: +1 (617) 761 6765
+1 (617) 577 8110
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SOURCE Oxford GlycoSciences Plc
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