News / 29 June 1998
 
  1998/OB/10

OXFORD BIOMEDICA

OXFORD BIOMEDICA ANNOUNCES BOARD CHANGES

In light of the increasing demands that the rapid development of the Company is placing on its Senior Management team and Board of Directors, Sir Brian Richards is retiring as Chairman and also from the Board of Oxford BioMedica.

Alan Goodman has agreed to become Chairman and will devote a considerable amount of time to help the Company as it moves its lead products into clinical development and seeks strong collaborative partners.

Alan Kingsman, Chief Executive Officer of Oxford BioMedica commented: "Brian has always been there to help support the Company during its early development. As we seek collaborations and gear up to undertake our clinical trial programme we have demanded more and more of his time. This has conflicted with a number of his other obligations and he has therefore asked the Board if he can stand down.

Reluctantly we have accepted his resignation but are confident that the commitment that Alan Goodman can give to the Company over the next twelve months will ensure that our progress is not affected in any way."


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For further information contact:

 

Oxford BioMedica plc
Professor Alan Kingsman, Chief Executive

Tel: +44 (0)1865 783000

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