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K-V Pharmaceutical Company Announces the Nomination and Appointment of New Independent Member to the Board of Directors
Date:6/18/2010

ST. LOUIS, June 18 /PRNewswire-FirstCall/ -- K-V Pharmaceutical Company (NYSE:  KVa/KVb), a specialty pharmaceutical company, announced that a meeting of the Board of Directors was held yesterday to nominate and appoint Ms. Ana Stancic, a new independent member, to the Company's Board of Directors.  

At the meeting, Ms. Ana Stancic was nominated and unanimously appointed to serve on the K-V Pharmaceutical Company Board of Directors.

Ms. Stancic replaces Mr. Terry Hatfield, whose resignation from the Board was effective upon Ms. Stancic's appointment.

Ana I. Stancic, CPA, MBA

Ms. Stancic is a CPA and is also a member of the Board of Directors of Champions Biotechnology Inc.  Ms. Stancic serves on its Executive Committee and acts as Chair of its Audit Committee.  She has over 20 years of diversified pharmaceutical business experience serving as a senior finance and operations executive in the life science industry, including specializing in the areas of corporate governance, SEC financial reporting, mergers and acquisitions, and cash management.  She brings to the Board of Directors extensive knowledge and experience in long and short term strategic planning and the development and execution of goals and objectives to maximize shareholder value.

In her role as a member of the Board of Champions Biotechnology, Inc., she created a five-year strategic plan after conducting an in-depth analysis of the Company's operations.  Prior to joining the Board of Champions Biotechnology, Ms. Stancic served as the Chief Financial Officer of Aureon Laboratories, a privately held li
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SOURCE K-V Pharmaceutical Company
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