Appointment of Chief Executive Officer

RNS Number : 9223Z

Evgen Pharma PLC

24 September 2020

 

Evgen Pharma Plc

("Evgen" or "the Company")

Appointment of Chief Executive Officer

Evgen (AIM: EVG), a clinical stage drug development company focused on the treatment of cancer and other conditions, announces that Huw Jones PhD will be joining the Board as Chief Executive Officer in early October.

Dr Jones has over 30 years' experience of leadership roles in public and private R&D-based companies within the biotechnology and pharmaceutical sector, with a particular focus on pre-clinical and clinical drug development, dilutive and non-dilutive financing and business development. He is Chairman of Chronos Therapeutics Ltd, Non-Executive Director of Rexgenero Ltd and Strategic Advisor to Gen2 Neuroscience Ltd. Dr Jones holds a PhD in pharmacology from the University of Birmingham, UK.

Barry Clare, Chairman of Evgen commented: "The Board is delighted to appoint Huw as our new CEO as we work together to deliver the undoubted potential of SFX-01. We believe that SFX-01 has significant value across a range of diseases including cancer and respiratory diseases such as COVID-19 ."

Commenting on his appointment, Huw Jones said : "I am honoured to join the Board of Evgen at such an exciting time and to working with Board colleagues, management and partners to realise the promise of SFX-01. I've been impressed by the focus and commitment of my new colleagues and look forward to working with them towards providing a new treatment for patients with high unmet medical needs."

The following information regarding the appointment of Dr Huw Jones (aged 60) is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies:

Current directorships and/or partnerships
Daffodil Consulting LLP
Chronos Therapeutics Limited
Rexgenero Limited

In accordance with Schedule 2(g) v, Dr Jones was CEO of Ardana Plc at the time of its administration in June 2008.

There are no further disclosures to be made under Schedule 2(g) of the AIM Rules for Companies.

The information communicated in this announcement is inside information for the purposes of Article 7 of EU Regulation 596/2014

Enquiries:

Evgen Pharma  plc  www.evgen.com		via Walbrook
Barry Clare, Chairman
Richard Moulson, CFO
finnCap  www.finncap.com		[phone]
Geoff Nash / Teddy Whiley (Corporate Finance)
Alice Lane (ECM)
Walbrook PR	[phone] or  [e-mail]
Paul McManus / Anna Dunphy		[phone] / [phone]

About Evgen Pharma plc

Evgen Pharma is a clinical stage drug development company developing sulforaphane based medicines for the treatment of multiple diseases. The Company's core technology is Sulforadex®, a method for synthesising and stabilising the naturally occurring compound sulforaphane and novel proprietary analogues based on sulforaphane. The lead product, SFX-01, is a patented composition of synthetic sulforaphane and alpha-cyclodextrin.

Clinical data from the Company's open-label Phase II STEM trial has shown that SFX-01 can halt the growth of progressing tumours in patients with oestrogen-positive (ER+) metastatic breast cancer, and in some cases significantly shrink the tumour, whilst causing very few side effects.

The Company commenced operations in January 2008 and has its headquarters at The Colony, Wilmslow, Cheshire, and its registered office is at the Liverpool Science Park, Liverpool. It is listed on the AIM market of the London Stock Exchange and trades under the ticker symbol EVG.   

For further information, please visit:  www.evgen.com

For research on the Company, please visit:  http://evgen.com/investors/analyst-coverage/

 

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