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Xceleron Names Michael Butler as President & CEO
Date:12/16/2008

Butler Brings Strong Leadership, Vision and Experience to Company

GAITHERSBURG, Md. and YORK, England, Dec. 16 /PRNewswire/ -- Xceleron, the global leader in predictive clinical research to enable smarter, safer drug development, announced today Michael Butler, Ph.D., has been named President and CEO after an extensive global candidate search. Dr. Butler brings to Xceleron a balance of sales, operations and management know-how, including significant experience in expanding science-driven businesses.

"We are pleased to formally introduce Dr. Michael Butler and announce this key appointment. Not only will this move strengthen Xceleron's business operations, but the benefits derived across the organization from his leadership will be significant as the company drives revenue growth and expands its global footprint," said Dr. Ian Buckley-Golder, Chairman of the Board, Xceleron. "Michael's ability to deliver results, keen insight and deep understanding of science-driven businesses made him the ideal choice to lead Xceleron into the future."

Prior to joining Xceleron, Dr. Butler served as President and Chief Scientific Officer at Aptuit, a global pharmaceutical services company with more than 1,000 employees. Dr. Butler led Aptuit's growth phase working to penetrate key North American, European and Asian markets, increase sales revenues from $75 million to over $200 million, as well as expand operations from three locations to eight sites globally. Before Aptuit, Dr. Butler was Group Vice President at MDS Pharma Services responsible for managing the company's clinical and chemistry operational units.

"This is an exciting time to join Xceleron. Our customers are dealing with the most intractable challenges the industry has ever faced including poor compound solubility, biologics development, high potency drugs, and the need for earlier human data. With more than 200 molecules i
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SOURCE Xceleron
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