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Rock Creek Pharmaceuticals Expands The Board with the Appointment of Two Independent Directors
Date:8/6/2014

SARASOTA, Fla., Aug. 6, 2014 /PRNewswire/ -- Rock Creek Pharmaceuticals, Inc., (NASDAQ: RCPI) announced that the Company has made two key independent appointments to the Company's Board of Directors with the recent election of Ms. Lee M. Canaan, CFA and Mr. Edward J. McDonnell, MPH. as new directors.

Both Ms. Canaan and Mr. McDonnell have substantial expertise, experience and knowledge relevant to the Company's mission and anticipated needs. Effective immediately, this brings the number of independent board members to five persons, for a total board composition of seven members, including the Company's CEO and President,

Michael Mullan, MBBS, PhD, Chairman and CEO of Rock Creek Pharmaceuticals, said, "Lee and Ed are uniquely accomplished  and highly qualified individuals, who bring substantial skill sets and professional acumen from both a public and private company perspective. With Lee's extensive experience with corporate finance and Ed's deep experience on FDA and regulatory matters, they both will complement our current board and management. We are very proud and privileged to have them join us."

Ms. Lee Musgrove Canaan brings twenty-five years of financial and public capital markets experience and thirty-five years of scientific and technical expertise to our board.  She has working knowledge of both debt and equity markets as an institutional investor and a corporate finance professional and has served on the board of several publicly-traded companies.  Currently Ms. Canaan is the portfolio manager of a private money management firm she founded in 2003.  Prior to that, she was a fixed income analyst for the high yield debt team at AIM M
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SOURCE Rock Creek Pharmaceuticals, Inc.
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