HAMBURG, Germany and OXFORD, England, November 28 /PRNewswire-FirstCall/ -- Evotec AG (Frankfurt Stock Exchange: EVT) today announced that Dr Mario Polywka and Dr Klaus Maleck have been appointed to the Company's Management Board (Vorstand), as Chief Operating Officer and Chief Financial Officer.
Jorn Aldag, President & Chief Executive Officer of Evotec AG, said: "I'm extremely pleased to announce the addition of Dr Mario Polywka and Dr Klaus Maleck to our Management Board. Both are individuals with a wealth of experience and a great understanding of their respective disciplines. I am convinced they will significantly impact the further development of Evotec. Mario's appointment is recognition for his successful contributions to our Company as he played a key role in building Evotec's world-class drug discovery and development platform and reputation in the industry. Klaus joined us early 2007 with the goal of becoming CFO. With degrees in biotechnology and a MBA he has a unique blend of skills. With his past experience as CFO and Head of Business Development at BioGeneriX we expect him to be a strong leader of our Finance Team."
Dr Mario Polywka, 44, has served as Chief Operating Officer and a member of the Company's Executive Committee since 2004. Between 2002 and 2004, Dr Polywka ran a number of spin-out companies in the Oxford area, and he still serves as Chairman on the boards of Pharminox Ltd. and Glycoform Ltd. Following the merger of EVOTEC BioSystems AG with Oxford Asymmetry International plc (OAI) in 2000, he was Chief Operating Officer until 2002. Dr Polywka was a Founding Chemist of OAI in 1991. In 1999, he was appointed Chief Operating Officer and in 2001 Chief Executive Officer of OAI plc. Dr Polywka received a doctorate from the University of Oxford in mechanistic organometallic chemistry and continued at Oxford with post-doctoral studies on aspects of the biosynthesis of penicillins.
Dr Klaus Maleck, 35, has served as Executive Vice President Finance and a member of Evotec's Executive Committee since April 2007. Prior to joining Evotec, he served as Chief Financial Officer and Vice President Business Development of BioGeneriX AG, which he co-founded in 2000. Dr Maleck worked as a Senior Consultant at McKinsey & Co. from 1999 to 2000, and as a Scientist in the genomics field at Novartis, Inc. from 1996 to 1999. He received his Ph.D. in biotechnology from the Max Planck Institute Cologne, and holds a Masters degree in biotechnology of the Ecole Superieure de Biotechnologie in Strasbourg, France. In addition, he received post-graduate training in economics at Ashridge College in the UK, and at Swiss-based Educatis University, where he earned an MBA degree.
Forward looking statements
Information set forth in this report contains forward-looking statements, which involve a number of risks and uncertainties. Such forward-looking statements include, but are not limited to, statements about the anticipated benefits of Evotec's products, the timing of the completion of the transaction between Evotec and Renovis, the anticipated benefits of the business combination transaction involving Evotec and Renovis, including future financial and operating results, the combined company's plans, objectives, expectations and intentions, the anticipated timing and results of the combined company's clinical and pre-clinical programs, and other statements that are not historical facts. Evotec cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. These include risks and uncertainties relating to: the ability to obtain regulatory approvals of the transaction on the proposed terms and schedule; the parties' ability to complete the transaction because conditions to the closing of the transaction may not be satisfied; the failure to successfully integrate the businesses; unexpected costs or liabilities resulting from the transaction; the risk that synergies from the transaction may not be fully realized or may take longer to realize than expected; disruption from the transaction making it more difficult to maintain relationships with customers, employees or suppliers; competition and its effect on pricing, spending, third-party relationships and revenues; the need to develop new products and adapt to significant technological change; implementation of strategies for improving internal growth; use and protection of intellectual property; general worldwide economic conditions and related uncertainties; future legislative, regulatory, or tax changes as well as other economic, business and/or competitive factors; and the effect of exchange rate fluctuations on international operations.
The risks included above are not exhaustive. The most recent reports on Form 10-K, Form 10-Q, Form 8-K and other periodic reports filed by Renovis with the Securities and Exchange Commission contain additional factors that could impact the combined company's businesses and financial performance. The parties expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the parties' expectations or any change in events, conditions or circumstances on which any such statement is based.
Renovis has filed a Current Report on Form 8-K that includes as an exhibit the Agreement and Plan of Merger between Evotec and Renovis. Evotec intends to file a Registration Statement on Form F-4 with the Securities and Exchange Commission in connection with the proposed merger. Evotec and Renovis expect to mail a joint proxy statement/prospectus, which will form part of the Registration Statement on Form F-4, to shareholders of Renovis in connection with the proposed merger. This document will contain important information about the merger and should be read before any decision is made with respect to the merger. Investors and stockholders will be able to obtain free copies of this document and any other documents filed or furnished by Evotec or Renovis through the website maintained by the Securities and Exchange Commission at http://www.sec.gov. Free copies of these documents may also be obtained from Evotec, by directing a request to Evotec's Investor Relations department at Schnackenburgallee 114, 22525 Hamburg, Germany, or from Renovis, by directing a request to Renovis' Investor Relations department at Two Corporate Drive, South San Francisco, California 94080.
In addition to the documents referenced above, Renovis files or
furnishes annual, quarterly and current reports, proxy statements and other
information with the Securities and Exchange Commission. You may read and
copy any reports, statements or other information filed or furnished by
Renovis at the SEC's Public Reference Room at Station Place, 100 F Street,
N.E., Washington, D.C. 20549. You can request copies of these documents by
writing to the SEC and paying a fee for the copying cost. Please call the
SEC at 1-800-SEC-0330 for more information about the operation of the
Public Reference Room. Renovis's SEC filings are also available to the
public at the SEC's web site at http://www.sec.gov, or at their web site at
SVP, Investor Relations & Corporate Communications,
|SOURCE Evotec AG|
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