Appointment of new CEO

Fulcrum Pharma PLC 10 March 2008 10th March 2008 FULCRUM PHARMA PLC ('the Company') Appointment of new CEO Further to the announcement made on 10 January 2008, Fulcrum Pharma plc (AIM: FUL), the drug development and regulatory services company, announces that it has today appointed Dr Frank Armstrong as its new Chief Executive Officer as from 1st April 2008. Dr. Armstrong has more than 20 years' experience at major pharmaceutical and leading biotechnology companies where he has been integral in bringing new pharmaceutical products to the market. Most recently, Dr. Armstrong was President and Chief Executive Office of CuraGen Corporation, a NASDAQ listed biopharmaceutical company, from March 2006 until September 2007. Prior to CuraGen, Dr. Armstrong was CEO of Bioaccelerate Holdings Inc., Provensis Ltd. and Phoqus Pharmaceuticals plc. From 1998 to 2001, Dr. Armstrong was Executive Vice President and Head of Worldwide Product Development for Bayer AG, Germany, and from 1985 to 1998 served in various roles with ICI Pharmaceuticals, then Zeneca in the UK and USA where his final position was Senior Vice President of the Medical Research and Communications Group. Dr. Armstrong received his MBChB from the University of Edinburgh and became a member of the Royal College of Physicians in 1984. He was elected a Fellow of the Royal College of Physicians, Edinburgh, in 1993 and elected a Fellow of the Faculty of Pharmaceutical Physicians in 1994. Sir Charles George, Chairman of Fulcrum Pharma, said: 'The Board is delighted to welcome Dr Armstrong as Fulcrum's new CEO. Frank brings a wealth of leadership experience from a wide range of companies within our industry that will be invaluable in guiding Fulcrum in the next stages of our growth. 'I also wish to thank Dr Jon Court for having steered Fulcrum to where we are today as its CEO and welcome him to his new role as Director of Strategic Business Development.' For further information, please contact: Fulcrum Pharma PLC Geoffrey Smith, Finance Director Tel: 01442 283600 Seymour Pierce Jonathan Wright Tel: 0207 107 9000 About Fulcrum Pharma plc Fulcrum Pharma plc is a drug development and regulatory services business that provides global expertise to achieve drug development and regulatory approval milestones. Fulcrum Pharma offers immediate access to a highly credible, integrated development team that provides strategic and operational leadership required to ensure that new drugs move smoothly from discovery research to product approval Fulcrum Pharma is listed on the AIM Market of the London Stock Exchange having successfully floated in March 2000. Notes: Dr. Frank Murdoch Armstrong, age 51, is currently a director of CuraGen Corporation. Within the past five years, he has been a director of the following companies: 454 Life Sciences Corporation Bioaccelerate Holdings, Inc. Provensis Limited Phoqus Pharmaceuticals (UK) Limited Phoqus Pharmaceuticals plc Avidex Limited (now named Medigene Limited) This information is provided by RNS The company news service from the London Stock Exchange
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