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Ablynx Strengthens Management Team With the Appointment of Dr Andreas Menrad as Chief Scientific Officer


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© Marketwire 2012
2012-02-14 18:30:12 -

GHENT, BELGIUM -- (Marketwire) -- 02/14/12 -- Ablynx (EURONEXT BRUSSELS: ABLX), today
announced that it has appointed Dr Andreas Menrad as its Chief Scientific
Officer.



Dr Menrad has over 20 years experience in the pharmaceutical and biotech
industry, with significant expertise in drug discovery and the successful
progression of lead candidates into pre-clinical development. He will head
up
the research activities, be responsible for the ongoing development of the
Nanobody(®) platform, and identify and prioritise new therapeutic
programmes
that Ablynx will take forward either on its own or with partners to help
continue building the rapidly growing portfolio of Nanobody development
candidates.





Prior to joining Ablynx, Dr Menrad was at Genzyme for five years, where
since
2011 he held the position of General Manager and Vice President of Antibody
Therapeutics. Previously he has also held senior research positions with
Schering AG.



Dr Menrad received his Ph.D. in immunology from the University Stuttgart in
1989. He then took a post-doctoral position at The Wistar Institute Cancer
Center in Pennsylvania, USA.



Dr Edwin Moses, CEO and Chairman, said: "We are delighted that Andreas is
joining us to head up the research activities at Ablynx. He brings with him
a
wealth of knowledge and experience in the drug discovery area with a strong
expertise in biologics, which will further strengthen and complement our
existing management team, and will help us to continue to develop and
exploit
our Nanobody platform over a wide range of therapeutic areas."



Commenting on his appointment, Dr Menrad said: "I am excited to join Ablynx
at
this very important time and I am looking forward to contributing to the
already
very strong Nanobody platform and portfolio of products. I am impressed by
the
broad applicability of the Nanobody technology to different target classes
including GPCRs and ion channels which have proven challenging for
conventional
antibodies. I am also keen to build on the fact that Nanobodies can be
administered through non-injectable routes such as inhalation, as shown by
the
anti-RSV Nanobody currently in Phase I trials."



Complete version of the press release:
hugin.info/137912/R/1585652/496507.pdf : hugin.info/137912/R/1585652/496507.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.



Source: Ablynx via Thomson Reuters ONE



[HUG#1585652]




For more information, please contact Ablynx:
Dr Edwin Moses
Chairman and CEO
t: +32 (0)9 262 00 07
m: +44 (0)7771 954 193 /
+32 (0)473 39 50 68
e: Email Contact : www2.marketwire.com/mw/emailprcntct?id=75A016E90A219114

Marieke Vermeersch
Investor Relations Manager
t: +32 (0)9 262 00 82
m: +32 (0)479 49 06 03
e: Email Contact : www2.marketwire.com/mw/emailprcntct?id=D11EEFEFE6EA9F42




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Disclaimer: (c) 2012 Market Wire. All of the press releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Market Wire's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
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