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Accera, Inc. Appoints Dr. Thomas Werner President & CEO and Announces FDA Acceptance of IND Application for AC-1204 for Mild-to-Moderate Alzheimer's Disease
Date:10/5/2010

BROOMFIELD, Colo., Oct. 5 /PRNewswire/ -- Accera, Inc., a medical research and development company delivering breakthrough therapies for serious diseases such as Alzheimer's disease (AD), announced today that Thomas Werner, Ph.D., has been appointed President and CEO.  Concurrently with Dr. Werner's appointment, the U.S. Food and Drug Administration (FDA) has accepted Accera's Investigational New Drug (IND) application to conduct a phase 2-3 clinical study in patients with mild-to-moderate AD with its product AC-1204.  

Dr. Werner was elected to Accera's board of directors in March 2009.  Prior to his election, he was the managing director and senior vice president of GlaxoSmithKline (GSK) in Germany and had served as CEO of the GSK Foundation until early 2009.  Dr. Werner was instrumental in the development of successful growth strategies for the German subsidiaries of GSK and Bristol-Myers Squibb.  Under his leadership, the ACE inhibitor Captopril became the largest selling pharmaceutical product in Germany, and the asthma drug Viani™ grew to become one of the leading pharmaceutical products in Germany.

Dr. Werner cofounded the Genetic Research Center, a joint venture with the Max Planck Institute for Psychiatry and the Ludwig-Maximilians-University, both in Munich.  Dr. Werner earned his Ph.D. in chemistry at the University of Gottingen in Germany.

"We are delighted to appoint Dr. Werner as Accera's president and CEO," said Claude H. Nash, Ph.D., Chairman of Accera's Board of Directors.  "As Accera continues expanding its commercialization efforts for Axona® and initiates clinical trials with AC-1204, Dr. Werner's leadership will maximize Accera's development of therapeutic alternatives for Alzheimer's disease."

Based in part on available clinical data associated with Axona/AC-1202, Accera will forego conducting the traditional phase 1 dose-escalation trial of AC-1204 and proceed directl
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SOURCE Accera, Inc.
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