Board Appointment

Fulcrum Pharma PLC 06 January 2005 For immediate release 6 January 2005 Fulcrum Pharma plc ('Fulcrum' or 'the Company') Board Appointment Fulcrum Pharma plc (AIM: FUL), the drug development and strategic outsourcing services company, is pleased to announce the appointment of Dr Bruce McCreedy, the Chief Executive Officer of Fulcrum's US subsidiary, to the Company's Board. His appointment to the Board underlines the growing importance to Fulcrum of the US market, where the Company is experiencing its fastest growth and is focussing investment. Dr McCreedy joined Fulcrum in June 2002 as Chief Executive Officer of Fulcrum Pharmaceutical Developments, Inc, Fulcrum's US subsidiary based in Research Triangle Park, North Carolina. Under Dr McCreedy's capable stewardship the subsidiary, which is a key element in Fulcrum's growth strategy, has performed ahead of target in its second year of operations. Dr McCreedy, who holds a PhD from Wake University School of Medicine, North Carolina, has more than seventeen years' experience of drug development, executive management and business operations. This includes experience in both public and private companies, licensing, M&A plus public and private financings. Prior to joining Fulcrum he held positions including Associate Vice President of Infectious Diseases and Clinical Trials with Roche Biomedical Laboratories (now Laboratory Corporation of America), Vice President of Clinical Virology and Diagnostics with Triangle Pharmaceuticals, and Chief Executive Officer of TherapyEdge, Inc., a company he co-founded as a spin-off from Triangle Pharmaceuticals. Dr McCreedy joined Fulcrum's Board on the 1 January 2005. Professor Sir Charles George, Chairman of Fulcrum Pharma, said: 'I am delighted to welcome Dr McCreedy to the Company's Board. His appointment will reinforce Fulcrum's progress in the US, the world's largest healthcare market and one where our services are proving attractive to pharmaceutical and biotechnology companies.' For further information, please contact: Fulcrum Pharma PLC Tel: 0870 710 7152 Jon Court, CEO Buchanan Communications Tel: 020 7466 5000 Mary-Jane Johnson Notes to Editors: About Fulcrum Pharma Fulcrum Pharma plc is an independent, drug development company that is the first to offer global virtual drug development and strategic outsourcing services to the pharmaceutical industry. The Company has expertise in the design, execution and delivery of drug development programmes and relies on state of the art information technology and infrastructure in the supply of its services. Through Fulcrum's services to its clients, the Directors believe that there is the capacity to deliver products faster and more efficiently to the global pharmaceutical market. Fulcrum does this by using its skills in the design of drug programmes that deliver the necessary information for decision-making and product registration. In so doing, Fulcrum works closely with its clients to meet their strategic R&D goals. Fulcrum Pharma is listed on the Alternative Investment Market of the London Stock Exchange having successfully floated in March 2000. This information is provided by RNS The company news service from the London Stock Exchange
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