AMSTERDAM, The Netherlands, May 6, 2010 /PRNewswire-FirstCall/ --
- CFO Piers Morgan Appointed to Management Board
- All Resolutions Adopted by AGM
Amsterdam Molecular Therapeutics (Euronext: AMT), a leader in the field of human gene therapy, announced today that, at the Annual General Meeting (AGM) of the Company Professor Sander van Deventer has been appointed to the Supervisory Board.
Professor van Deventer is one of AMT's co-founders. He was Professor and Head of the Department of Experimental Medicine, Chairman at the Department of Gastroenterology of the AMC from 2002 to 2004, and subsequently Professor of Experimental Medicine at the University of Amsterdam Medical School until 2008. He has over 15 years experience in biotechnology product development. He is the author of more than 350 scientific articles in peer-reviewed journals and serves as an advisor to regulatory authorities including the EMA and FDA.
Professor van Deventer served on the Management Board of AMT as Chief Scientific Officer until February 2009, and temporarily also as Chief Executive Officer from February - October 2009. He currently chairs the Scientific Advisory Board of AMT. He is also a partner of Forbion Capital, a shareholder in the Company, and Professor of Translational Gastroenterology at the Leiden University Medical Center (LUMC).
As a result of Professor van Deventer's previous position as a member of the Management Board, among others, he is not independent within the meaning of provision III.2.2 of the Dutch Corporate Governance Code.
Also at the Annual General Meeting Mr Piers Morgan, CFO, was appointed to the Management Board and Mr Alexander Ribbink retired as a member of the Supervisory Board. All resolutions proposed to the Annual General Meeting, as set out in the Notice of General Meeting dated April 12, 2010, were approved unanimously.
JÃ¶rn Aldag CEO of AMT said:
"AMT is delighted that Sander van Deventer is joining the Supervisory Board. His contributions to the continued development of the Company have been and will be extremely valuable. We would also like to thank Alexander Ribbink for the support he has given to the Company during a period of significant progress and change for AMT."
About Amsterdam Molecular Therapeutics
AMT, founded in 1998 and based in Amsterdam, is a leader in the development of human gene based therapies. Using AAV as the delivery vehicle of choice for therapeutic genes, the company has been able to design and validate what is probably the first stable and scalable AAV production platform. This safe and efficacious proprietary platform offers a unique manufacturing capability which can be applied to a large number of rare (orphan) diseases that are caused by one faulty gene. Currently, AMT has a product pipeline with several AAV-based gene therapy products in LPLD, Hemophilia B, DMD, Acute Intermittent Porphyria and Parkinson's Disease at different stages of research or development.
Certain statements in this press release are "forward-looking statements" including those that refer to management's plans and expectations for future operations, prospects and financial condition. Words such as "strategy," "expects," "plans," "anticipates," "believes," "will," "continues," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning are intended to identify such forward-looking statements. Such statements are based on the current expectations of the management of Amsterdam Molecular Therapeutics only. Undue reliance should not be placed on these statements because, by their nature, they are subject to known and unknown risks and can be affected by factors that are beyond the control of AMT. Actual results could differ materially from current expectations due to a number of factors and uncertainties affecting AMT's business, including, but not limited to, the timely commencement and success of AMT's clinical trials and research endeavors, delays in receiving U.S. Food and Drug Administration or other regulatory approvals (i.e. EMA, Health Canada), market acceptance of AMT's products, effectiveness of AMT's marketing and sales efforts, development of competing therapies and/or technologies, the terms of any future strategic alliances, the need for additional capital, the inability to obtain, or meet, conditions imposed for required governmental and regulatory approvals and consents. AMT expressly disclaims any intent or obligation to update these forward-looking statements except as required by law. For a more detailed description of the risk factors and uncertainties affecting AMT, refer to the prospectus of AMT's initial public offering on June 20, 2007, and AMT's public announcements made from time to time.
|SOURCE Amsterdam Molecular Therapeutics B.V|
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