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Jennerex Appoints Dr. Laurent Fischer as President and Chief Executive Officer
Date:6/28/2012

SAN FRANCISCO, June 28, 2012 /PRNewswire/ -- Jennerex, Inc., a private clinical-stage biotherapeutics company focused on the development and commercialization of first-in-class targeted oncolytic immunotherapy products for cancer, today announced that Laurent Fischer, M.D., has been appointed to the positions of president, chief executive officer and board member.  He succeeds interim CEO, Ken Newport, who will continue in his role as a board member of the company.  Dr. Fischer brings 20 years of drug development and commercialization experience in the biopharmaceutical industry to Jennerex, serving most recently as president and CEO of Ocera Therapeutics, a biopharmaceutical company he co-founded with Dr Eckard Weber.

"Dr. Fischer brings significant and very relevant drug development and commercialization experience to Jennerex's leadership team as we advance our lead product candidate, JX-594, through late stage clinical testing.  David Kirn, M.D., founder, chief medical officer and president of research and development of Jennerex, will be overseeing this late stage program as we advance it through the final stages of clinical testing," stated Brennan Mulcahy, chairman of the board of Jennerex.  "I would like to thank Ken Newport, our interim CEO, for the significant progress made at Jennerex over the past several months under his leadership."

"I am very pleased to join Jennerex at this critical time in the company's evolution.  I look forward to building off the company's significant progress made over the past year for its lead product candidate, JX-594, which is in Phase 2b for the treatment of hepatocellular carcinoma.  JX-594 is most notable for its demonstrated ability to be delivered intravenously which sets it apart from other products in the class and makes it a promising treatment for several solid tumors such as advanced colorectal cancer for which treatments are much needed. Jennerex already presented pr
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SOURCE Jennerex, Inc.
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