Althea Technologies Appoints Dr. Shabbir Anik as Chief Executi... (think of a more powerful pairing than th...)

Althea Technologies Appoints Dr. Shabbir Anik as Chief Executive Officer

Date:10/21/2008

think of a more powerful pairing than the combination of Shabbir's leadership and Althea's team, to continue our company's growth as the most trusted outsource manufacturer for those developing tomorrow's successful therapeutics. This will allow Althea to drive confidently forward, to grow into new areas while seeking to raise the bar as a leading service provider to the industry," stated Dr. Francois Ferre, Co-Chair of Althea.

"I am delighted to be joining Althea Technologies at this very exciting stage in its growth, and to help build on the foundation established through the dedication and hard work of the Althea team. Althea has a solid reputation for its expertise in providing development and manufacturing services, and with the recent introduction of its state-of-the-art commercial manufacturing facilities, Althea now provides an integrated approach for exciting new products from early development to launch. I am convinced that we can continue to deliver the gold standard of performance in the years ahead and I look forward to contributing my experience to make Althea the partner of choice," said Dr. Anik.

Dr. Anik will join the firm effective November 15, 2008. Dr. Magda Marquet and Dr. Francois Ferre, the company's co-founders and former Co-CEO's will continue to serve Althea as Co-Chairmen of the Board of Directors.

About Althea Technologies, Inc.

Althea Technologies, a leading San Diego-based biologics and pharmaceutical services firm, provides critical manufacturing services that support researchers worldwide in their advancement of novel therapies and efforts to apply new genomic information. Althea's services include cGMP contract manufacturing of recombinant proteins, DNA-based therapeutics and vaccines, and aseptic filling. For more information, visit http://www.altheatech.com.

SOURCE Althea Technologies, Inc.
Copyright©2008 PR Newswire.
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