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|Array BioPharma Appoints Ronald B. Franklin, Ph.D., D.A.B.T Senior Director Drug Metabolism|
BOULDER, Colo., Oct. 5 /PRNewswire-FirstCall/ -- Array BioPharma Inc. (Nasdaq: ARRY) today announced the appointment of Ronald B. Franklin, Ph.D., D.A.B.T., to the newly created position of Senior Director of Drug Metabolism, effective September 27, 2004. Dr. Franklin will oversee Array's Drug Metabolism group and will report to the company's President and Chief Scientific Officer, Kevin Koch, Ph.D.
"We are delighted to have someone of Ron's caliber and experience join our team," said Dr. Koch. "Ron's expertise in the development of innovative ADMET strategies for the identification of novel, safe and effective therapeutic agents will be critical as we grow our pipeline of proprietary drug candidates and expand our research collaborations."
Before joining Array, Dr. Franklin spent six years with Merck and Co. Inc. at the Rahway, New Jersey site, most recently serving as a Director of Discovery and Development Research in Preclinical Drug Metabolism. In addition, he supervised the Quantitative and Qualitative Analysis (LC-MS and LC-MS/MS) and the Animal Biology groups, the latter being responsible for in vivo and in vitro techniques for pharmacokinetic studies as well as procedures that included biliary-cannulation studies and intestinal loop preparations. In addition, he directed the submission of drug metabolism portions of all IMPD, CIB, IND and NDA applications stemming from the Rahway site. Prior to joining Merck, Dr. Franklin worked for three years at Amgen in the Department for Drug Metabolism and Spectroscopy and 14 years at Eli Lilly and Company, in the Department of Drug Disposition. He is the author or co-author of over 130 scientific articles and abstracts. Dr. Franklin received a Ph.D. in Biochemistry from St. Mary's Hospital Medical School, University of London and a Bachelor of Pharmacy from The London School of Pharmacy, University of London.
About Array BioPharma:
Array BioPharma is a biopharmaceutical company focused on the discovery, development and commercialization of orally active drugs to address significant unmet medical needs. Our proprietary drug development pipeline is primarily focused on the treatment of cancer and inflammatory disease and includes several small molecule drug candidates that are designed to regulate targets in therapeutically important biologic pathways. In addition, leading pharmaceutical and biotechnology companies access our drug discovery technologies and expertise through collaborations to design, create, optimize and evaluate drug candidates across a broad range of therapeutic areas. For more information on Array, please go to www.arraybiopharma.com.
Array BioPharma Forward-Looking Statement:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties, including those discussed in our annual report filed on form 10-K for the year ended June 30, 2004, and in other reports filed by Array with the Securities and Exchange Commission. Because these statements reflect our current expectations concerning future events, our actual results could differ materially from those anticipated in these forward-looking statements as a result of many factors. These factors include, but are not limited to, our ability to achieve and maintain profitability, the extent to which the pharmaceutical and biotechnology industries are willing to collaborate with and fund third parties to in-license drug candidates for their product pipelines and on their drug discovery activities, the ability of our collaborators and of Array to meet drug discovery objectives tied to milestones and royalties, our ability to continue to fund and successfully progress internal research efforts and to create effective, commercially viable drugs, and our ability to attract and retain experienced scientists and management. We are providing this information as of October 5, 2004. We undertake no duty to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements or of anticipated or unanticipated events that alter any assumptions underlying such statements.
SOURCE Array BioPharma Inc.