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Althea Technologies Announces Appointment of Rick Hancock as President
Date:11/10/2010

sor, Mr. Hancock said, "I'm very appreciative for all the systems and improvements that Dr. Shabbir Anik put in place at Althea over the past two years.  His efforts have helped build an infrastructure that provides an excellent foundation for our anticipated growth and expansion."  

Matt Mackowski, Co-Chairman of the Board and Chairman of Telegraph Hill Partners, commented, "I am confident that Rick's strengths in building top-performing teams combined with Althea's technical depth and broad development and manufacturing capabilities will both delight our customers and build upon Althea's recognition as the West Coast's premier Biologics CMO."  

Mr. Hancock added, "I'm honored to work with such an experienced and qualified management team; we all look forward to continuing to provide our customers with outstanding services."

About Althea Technologies, Inc.

Althea Technologies is a fully integrated, contract development and manufacturing organization that provides services for plasmid DNA, recombinant proteins, and sterile products. Located in San Diego, CA, Althea offers cell banking, process development, cGMP protein & plasmid production, analytical development, formulation and lyophilization development, and aseptic filling in vials & prefilled syringes for clinical development and commercialization.  Althea's formulation technology platform employs crystalomics that can be applied to a variety of peptides and proteins for high concentration or sustained release formulations.  For more information, visit www.altheatech.com.


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SOURCE Althea Technologies, Inc.
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