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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Becket Invest Plc | LSE:TAB | London | Ordinary Share | GB00BMWKKL25 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.20 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Blank Checks | 0 | -2.27M | -2.7622 | 0.00 | 9.84k |
RNS No 7476e THERAPEUTIC ANTIBODIES INC 9th February 1998 THERAPEUTIC ANTIBODIES INC. ANNOUNCES APPOINTMENT OF NEW C.E.O LONDON, FEBRUARY 9, 1998, - Therapeutic Antibodies Inc. (TAb) announced today that Andrew Heath M.D., Ph.D. will join the Company as Chief Executive Officer, effective March 1, 1998. Dr. Heath will be elected to TAb's Board and will serve as Vice Chairman of the corporation. Martin S. Brown, the Company's Chairman and Chief Executive Officer, will continue as Chairman of the Board of Directors. Mr. Brown said, "For some time the Company has planned to hire a C.E.O. with extensive pharmaceutical experience. We are extremely fortunate to gain Dr. Heath's services at this critical point in TAb's development. His unique background in pharmaceutical industry management, along with his clinical experience, provides a remarkable fit for our product portfolio. TAb will profit significantly from Dr. Heath's expertise as these products progress through clinical trials and reach the market place." Dr. Heath, a native of England, holds a science degree in pharmacology from the University of London and an M.D. from Sweden's Gothenberg University. He has considerable experience in the pharmaceutical industry with Glaxo and Astra. Until 1996, he was responsible for more than 500 sales and marketing professionals for Astra U.S. as Vice President Marketing and Sales. In that post, he had profit and loss responsibility for Astra USA's pharmaceutical portfolio. He moves to TAb from the position of C.E.O. at AeroGen Inc, a privately held drug delivery company. Therapeutic Antibodies Inc. is an international biopharmaceutical company specialising in research, development and production of highly purified polyclonal antibodies for treatment of diseases and other life-threatening conditions for which satisfactory therapies have generally not previously existed. CONTACTS: Therapeutic Antibodies Inc Martin Brown 001 615-327-1027 A.J. Kazimi Brunswick Stephen Breslin 0171 404-5959 Frank De Maria Notes to Editors: The TAb Group Therapeutic Antibodies Inc. is an international biopharmaceutical group specialising in research, development and production of highly purified polyclonal antibodies for treatment of diseases and other life-threatening conditions for which satisfactory therapies have generally not previously existed. Established in 1984, TAb is headquarters in Nashville, Tennessee, adjacent to the Vanderbilt University Medical Center. TAb has developed a series of emergency medicine products, including antivenoms and drug antidotes to control overdoses of digitalis products and tricyclics antidepressants. TAb's products were developed at the Company's research laboratories located at the Medical College of St. Bartholomew's Hospital in London, U.K. They are manufactured at TAb's production facilities in Wales and Australia. Therapeutic Antibodies is listed on the London Stock Exchange (TAB.L). Dr. Andrew Heath Dr. Andrew Heath is board certified in anaesthesiology and intensive care and holds a Ph.D. for a thesis in clinical toxicology with primary focus on the toxicity of tricyclic antidepressants. His earlier background includes six years as Director of Intensive Care at Sahlgrens Hospital, University of Gothenberg, and service as Associate Professor of Medicine and Pediatrics and Director of the Poison Control Center and Clinical Toxicology Unit at Vanderbilt University Medical Center. Following his academic career, Dr. Heath entered the pharmaceutical industry joining Glaxo and subsequently Astra. The author of more than 150 articles, Dr. Heath has served as an officer on numerous international committees in the field of toxicology. TAb's Major Products CytoTAbTM is an anti-cytokine product that has been proven to neutralise the important cytokine tumour necrosis factor (TNF). Elevated concentrations of TNF have been identified in a growing number of life-threatening or disabling conditions, making TNF a primary therapeutic target for treatment. TAb is presently engaged in clinical studies evaluating the efficacy of CytoTAbTM in the treatment of cerebral malaria, human sepsis, organ transplant rejection, the Jarisch-Herxheimer Reaction and Acute Graft vs. Host Disease. CroTAb(registered) is an antivenom product which preclinical studies have shown to be five times more potent from current therapies in offsetting the poisonous effect of North American pit vipers (rattlesnakes, copperheads and cottonmouths). Clinical trials have indicated a promising safety profile for CroTAb(registered), a major clinical consideration given that existing antivenoms have a high incidence of serious side- effects. Phase III studies have been satisfactorily completed and TAb is preparing to submit applications for regulatory approval for CroTAb(registered). DigiTAbTM has been developed to negate the effects of digoxin poisoning, frequently seen among congestive heart failure patients. This product is currently in Phase III clinical evaluation in the United States and Europe. TriTAbTM is being developed to reverse the toxicity stemming from overdose of tricyclic antidepressants, a leading cause of life-threatening poisoning episodes seen in emergency medicine. Up to 60,000 patients per year might benefit from an effective treatment. Currently, there is no antidote for overdose of this widely-used family of products. A dose finding clinical study is being readied. An electronic version of this news release is available on the Company's home page at http://www.tab.co.uk END BOAAILVAFFIAIAT
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