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AcelRx Pharmaceuticals Appoints Mark G. Edwards To Its Board of Directors
Date:9/28/2011

REDWOOD CITY, Calif., Sept. 28, 2011 /PRNewswire/ -- AcelRx Pharmaceuticals, Inc., (NASDAQ: ACRX) ("AcelRx"), a specialty pharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of acute and breakthrough pain, announced that Mark G. Edwards has joined its Board of Directors.  Mr. Edwards will also serve as the chairman of the Audit Committee.  Mr. Edwards founded Deloitte Recap LLC (formerly, Recombinant Capital, Inc. "Recap"), a pharmaceutical and biotechnology consulting company, in 1988, and served as its Managing Director until the end of 2010.  Recap has provided analysis, advice and negotiation support concerning the structure and valuation of biopharmaceutical alliances to several hundred companies over the past two decades.  From 1999 until December 2000, Mr. Edwards was a General Partner of International Biomedicine Management Partners. He also served as a Director of Allos Therapeutics, Inc. from 1999 until 2007.  Mr. Edwards has a Bachelor's Degree in Economics and an MBA, both from Stanford University.

"Mark brings a wealth of both financial and pharmaceutical industry partnering transaction experience to AcelRx," noted Richard King, AcelRx President and Chief Executive Officer. "We are pleased to have Mark join the Board of Directors and to chair our Audit Committee."

"I am excited to join the AcelRx Board," stated Mr. Edwards.  "AcelRx has developed an impressive pipeline of market-focused pain product candidates.  I am convinced of the tremendous opportunity afforded by the AcelRx sufentanil NanoTab technology in treating both post-operative pain and other acute and breakthrough pain conditions."  

About AcelRx Pharmaceuticals, Inc.

Based in Redwood City, CA, AcelRx Pharmaceuticals, Inc. (Nasdaq:

SOURCE AcelRx Pharmaceuticals, Inc.
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