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Creabilis Appoints George F. Horner III as its Chairman
Date:9/15/2010

orner also worked for Ligand Pharmaceuticals following a successful career at Abbott Laboratories where his final position was as President of the company's business in Canada. Mr Horner has also acted as an adviser to a number of specialist life science investors in recent years.

Commenting on his new role, George F. Horner III said: "I am excited to be joining Creabilis given its potential to deliver the genuine innovation that is needed to transform the dermatology market. I have been attracted to this opportunity by the Company's rich pipeline of clinical and pre-clinical drug candidates focussed on dermatological indications, its deep understanding of the science behind a number of serious skin disorders, as well as its unique technology platform with broad utility. I am sure that from this strong base we will be able to generate significant value for Creabilis shareholders."

Graziano Seghezzi, Partner at Sofinnova, said: "We are delighted to have someone with George's track record in building successful high-value biotech businesses as Chairman of Creabilis. I am sure his strategic and operational experience will be vital as we look to progress the Company's exciting pipeline, build the management team and develop our LSE (Low Systemic Exposure) technology, so that Creabilis can generate new prescription medicines that will make a significant improvement to the treatment of skin diseases."

About Creabilis SA

Creabilis is a clinical stage European biotechnology company creating highly innovative new drugs to tackle unmet medical needs in serious dermatological diseases. Bringing together world class drug development capabilities and a rich scientific heritage, Creabilis is uniquely positioned to transform the treatment of skin diseases.

Creabilis' lead product is CT327, a novel topically applied TrkA kinase inhibitor developed using the Company's LSE (Low Systemic Exposure) technology. LSE technology creates new chemical
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SOURCE Creabilis SA
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