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Samaritan
Pharmaceuticals Welcomes Two New Independent Directors
to Its Board
Monday January 07, 2008 10:15
am ET
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to Homepage | See All News
LAS VEGAS,
Jan. 7, 2008 (PRIME NEWSWIRE) -- Samaritan Pharmaceuticals,
Inc. (OTC BB:SPHC.OB - News), a biopharmaceutical company
focused on developing innovative therapeutics in the
areas of CNS, cancer, cardiovascular, and infectious
diseases, has appointed two new independent members,
Jack L. Ayala and Robert W. Crane, to its Board of Directors.
Mr. Ayala and Mr. Crane bring valuable experience and
their appointment strengthens Samaritan's commitment
to maintain a majority of independent members that reflects
today's best practices on its Board. Samaritan's board
is now comprised of eight independent directors and
two internal directors.
Dr. Janet
Greeson, CEO of Samaritan Pharmaceuticals stated, "I
am pleased to welcome Jack and Bob to the board at this
exciting time when we are positioned for clinical trials
and scientific growth. They bring a wealth of healthcare
experience and business knowledge to Samaritan. I am
confident their strength and skills will complement
our trustworthy board and believe they will strengthen
our efforts to propel our rich pipeline of innovative
drugs and thus increase our shareholders' value."
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| "They
bring a wealth of healthcare experience and business
knowledge to Samaritan. I am confident their strength
and skills will complement our trustworthy board
and believe they will strengthen our efforts to
propel our rich pipeline of innovative drugs and
thus increase our shareholders' value."
Dr.
Janet Greeson
CEO Samaritan Pharmaceuticals |
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Mr. Ayala has
more than thirty years of health care experience as an accomplished
executive of managed care companies and hospitals with clinical
trial experience. He has held the position of Executive Vice
President and Chief Administrative Officer of Palm Springs
General Hospital since 2005; he served as Senior Vice President
and COO of the Saint Agnes Medical Center (SAMC) and Mr. Ayala
has held several other executive level positions at other
hospitals and health care facilities. Mr. Ayala received a
BA in Sociology and his MBA from Fordham University. He completed
his Public Health Administration Residency at Misericordia
Hospital Medical Center in Bronx, NY. Mr. Ayala has accepted
the role of Chairman of the Nomination Committee and as a
member of the Audit Committee and Compensation Committee.
Robert W. Crane
is the founder of Retirement Planning Consultants, Inc., a
strategic planning advisory services company to help people
and companies protect their financial assets. Mr. Crane has
held executive positions in the insurance industry since 1973
and has attained several prestigious designations in the area
including Chartered Life Underwriter (CLU), Chartered Financial
Consultant (ChFC), Chartered Advisor for Senior Living (CASL).
Mr. Crane has accepted the role of being a member of the Compensation
Committee and Nomination Committee.
About
Samaritan Pharmaceuticals
Samaritan Pharmaceuticals:
``Transforming Today's Science Into Tomorrow's Cures...''
Samaritan
Pharmaceuticals is an entrepreneurial biopharmaceutical company
committed to bringing innovative life-saving drugs to suffering
patients.
Disclaimer
The company disclaims
any information created by an outside party and endorses only
information communicated by its press releases, filings, and
website. This news release contains forward-looking statements
that reflect management's current beliefs about the potential
for its drug candidates, science, and technology. However,
as with any biopharmaceutical under development, there are
significant risks and uncertainties in the process of development
and regulatory review. There are no guarantees that products
will prove to be commercially successful. For additional information
about the factors that affect the company's business, please
read the company's latest Form 10-Q filed November 19, 2007.
The company undertakes no duty to update forward-looking statements.
Contact:
The Investor Relations Group
Investor Relations:
Adam Holdsworth
Erica Ruderman
Rachel Colgate
212-825-3210 |
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