Stanelco PLC
11 March 2002
STANELCO PLC
Subsidiary Board Appointment
Stanelco, the Rf (Radio frequency) applications group, announces the
non-executive appointment of Dr Richard Yarwood, 47, Regional President,
Europe, of R P Scherer Corporation, to the Board of its subsidiary, InGel
Technologies Limited, which it recently established to commercialise its
technology for the manufacture of liquid-filled capsules without using gelatine.
R P Scherer, a subsidiary of Cardinal Health, a Fortune 100 company, is one of
the world's premier drug delivery companies and has the leading global position
in softgel capsule technology. In December 2001, R P Scherer signed a licence
agreement with InGel, agreed to acquire 10% of InGel, and acquired 3% of the
share capital of Stanelco.
Richard Yarwood is a qualified pharmacist and led the successful development and
commercial launch of Zydis, R.P Scherer's fast dissolving dose form system.
Previously, Richard held positions with Wyeth Research, Pfizer, Merck and
Wellcome.
Richard Yarwood joins another senior executive of R P Scherer, Tom Stuart, who
has recently become Regional President, Americas, on the Board of InGel.
Enquiries:
Stanelco PLC 01489-570 991
Ian Balchin (CEO)
Bankside Consultants Limited
Charles Ponsonby 020-7444 4166
This information is provided by RNS
The company news service from the London Stock Exchange
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