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MDRNA Adds June D. Ameen to Management Team as Vice President, Corporate Development
| Source: MDRNA, Inc.
BOTHELL, WA--(Marketwire - September 8, 2009) - MDRNA, Inc. (NASDAQ : MRNA ) announced today that
June D. Ameen, RN, MBA, will join the Company as Vice President, Corporate
Development reporting to the President & CEO. Ms. Ameen will lead the
alliance management, business development, technology evaluation and
strategic partnering efforts for the Company.
"We are extremely pleased to have June join our management team," said
Michael French, President and CEO at MDRNA. "Recently, we engaged a large
pharmaceutical company in an early collaborative effort to demonstrate the
broad capabilities of both our proprietary RNAi drug discovery engine and
our world-class research team. We expect to enter into similar
relationships in the near future. June brings the absolute right mix of
strategic positioning and tactical execution necessary to expand these
early collaborative efforts into significant multi-year, multi-target R&D
collaborations. I look forward to working with June to establish these R&D
collaborations as further validation of our industry leading RNAi-based
therapeutics platform."
Ms. Ameen has held progressively responsible positions in both public and
private life sciences companies for the past 20 years. Prior to joining
MDRNA, Ms. Ameen served first as Vice President, Alliance Management and
then Vice President, Business Development and Alliances of Entelos, Inc., a
privately held systems biology company based in Foster City, California.
While there, she was responsible for expanding the business from
early-adopter technology-based research partnerships to therapeutic focused
co-development collaborations with major pharmaceutical and biotechnology
companies. As Vice President, Business Development and Alliances, annual
revenues increased from less than $3 million to over $21 million in two
years. Prior to Entelos, Ms. Ameen was with PAREXEL International
Corporation in several positions focused on client relations and alliance
management. In her capacity as Vice President and General Manager, Ms.
Ameen had operational and P&L responsibility for generating $35 million in
annual revenues with Fortune 200 pharmaceutical companies. Ms. Ameen has
an M.B.A. from Babson College and a B.S.N., magna cum laude, from Boston
College.
About MDRNA, Inc.
MDRNA is a biotechnology company focused on the development and
commercialization of therapeutic products based on RNA interference (RNAi).
Our goal is to improve human health through the development of RNAi-based
compounds and drug delivery technologies that together provide superior
therapeutic options for patients. Over the past decade, we have developed
substantial capabilities in molecular biology, cellular biology, lipid
chemistry, peptide chemistry, pharmacology and bioinformatics, which we are
applying to a wide range of RNAi technologies and delivery approaches.
These capabilities plus the in-licensing of key RNAi-related intellectual
property have rapidly enabled us to become a leading RNAi-based
therapeutics company with a pre-clinical pipeline in key therapeutic areas
including oncology, metabolic disorders and inflammation. Through our
capabilities, expertise and know-how, we are incorporating multiple RNAi
technologies as well as peptide- and lipid-based delivery approaches into a
single integrated drug discovery platform that will be the engine for our
clinical pipeline as well as a versatile platform for establishing broad
therapeutic partnerships with biotechnology and pharmaceutical companies.
We are also investing in new technologies that we expect to lead to safer
and more effective RNAi-based therapeutics while aggressively building upon
our broad and extensive intellectual property estate. By combining broad
expertise in siRNA science with proven delivery platforms and a strong IP
position, MDRNA is well positioned as a leading RNAi-based drug discovery
and development company. Additional information about MDRNA, Inc. is
available at http://www.mdrnainc.com.
MDRNA Forward-Looking Statements
Statements made in this news release may be forward-looking statements
within the meaning of Federal Securities laws that are subject to certain
risks and uncertainties and involve factors that may cause actual results
to differ materially from those projected or suggested. Factors that could
cause actual results to differ materially from those in forward-looking
statements include, but are not limited to: (i) the ability of MDRNA to
obtain additional funding; (ii) the ability of MDRNA to attract and/or
maintain manufacturing, research, development and commercialization
partners; (iii) the ability of MDRNA and/or a partner to successfully
complete product research and development, including preclinical and
clinical studies and commercialization; (iv) the ability of MDRNA and/or a
partner to obtain required governmental approvals; and (v) the ability of
MDRNA and/or a partner to develop and commercialize products that can
compete favorably with those of competitors. Additional factors that could
cause actual results to differ materially from those projected or suggested
in any forward-looking statements are contained in MDRNA's most recent
periodic reports on Form 10-K and Form 10-Q that are filed with the
Securities and Exchange Commission. MDRNA assumes no obligation to update
and supplement forward-looking statements because of subsequent events.