WAKEFIELD, MA, April 3 /PRNewswire-FirstCall/ - NUCRYST Pharmaceuticals Corp. (NASDAQ: NCST; TSX: NCS) announced today that Eliot M. Lurier will step down as Vice President Finance & Administration and Chief Financial Officer in order to take a position with another company in a field unrelated to any of NUCRYST's businesses, effective April 15, 2008. The Company has initiated a search for Mr. Lurier's successor.
"On behalf of the Board, I want to thank Eliot Lurier for his years of outstanding service and contributions to the growth and development of our business during his tenure at NUCRYST, and we wish him the very best for the future," said Thomas E. Gardner, Chairman and Chief Executive Officer.
About NUCRYST Pharmaceuticals
NUCRYST Pharmaceuticals (NASDAQ: NCST; TSX: NCS) develops, manufactures and commercializes medical products that fight infection and inflammation using its patented atomically disordered nanocrystalline silver technology. Smith & Nephew plc sell a range of advanced wound care products under their Acticoat(TM) trade mark. Acticoat(TM) products incorporate NUCRYST's SILCRYST(TM) coatings and are sold in over 30 countries. NUCRYST is also developing pharmaceutical products to address medical conditions that are characterized by both infection and inflammation. The Company has developed its proprietary nanocrystalline silver in a powder form, referred to as NPI 32101 for use in medical devices and as an active pharmaceutical ingredient.
Acticoat(TM) is a trademark of
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