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Avanir Pharmaceuticals Announces Appointment of William Sibold as Chief Commercial Officer
Date:4/11/2011

ALISO VIEJO, Calif., April 11, 2011 /PRNewswire/ -- Avanir Pharmaceuticals, Inc. (NASDAQ: AVNR) today announced the appointment of William (Bill) Sibold to the position of senior vice president and chief commercial officer.  In this newly created role, Mr. Sibold will be responsible for leading all of the company's commercial activities.

"Bill has an outstanding track record of success in biopharmaceutical sales and marketing," said Keith A. Katkin, president and CEO of Avanir.  "I am delighted that we were able to attract someone of Bill's caliber to our growing organization.  His proven ability to build and lead cross-functional teams, to develop and launch new products to drive growth further enhances our already strong commercial leadership team."

Mr. Sibold has over 20 years of experience in the biopharmaceutical industry and has worked on significant products including Prozac, Avonex and Tysabri.  Mr. Sibold's most recent commercial leadership role was as senior vice president, U.S. Commercial for Biogen Idec Inc., where he was responsible for all commercial activities, across Biogen Idec's neurology, oncology and rheumatology U.S. businesses.  Mr. Sibold also held numerous international and domestic leadership positions at Biogen Idec prior to his role as senior vice president.  Prior to Biogen Idec, Mr. Sibold held a number of strategic business development, sales and marketing management roles at Innovative Clinical Solutions.  Mr. Sibold's experience also includes sales and marketing positions at Eli Lilly and Amgen Inc.  Most recently, Mr. Sibold was president and CEO of Lycera Corp. a preclinical phase company with two innovative oral immunomodulators.  Mr. Sibold earned his MBA from Harvard Business School and his BA in Molecular Biophysics and Biochemistry from Yale University.

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SOURCE Avanir Pharmaceuticals, Inc.
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