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Trophos strengthens management team with key appointments

Neurodegenerative disease specialist names business development, drug development, medical and regulatory heads
 
Marseille, February 27, 2006 - Trophos SA, a biopharmaceutical company specializing in the discovery and development of drugs for neurodegenerative diseases, announced today a series of appointments that bring added strength to the company's management team. The move comes as the company's drug products accelerate towards clinical, licensing and partnering stages.

Stephen Harris, PhD, 46, joins Trophos as Chief Business Development Officer. Dr Harris's responsibilities include licensing and establishment of collaborative partnerships. Dr Harris joins Trophos after more than 16 years with Glaxo in various R&D management roles and most recently as a Director, Transactions within Worldwide Business Development at GSK. Dr Harris holds a BSc in Genetics from the University of Edinburgh, Scotland, and a PhD in Molecular Evolution from the University of Leicester, England.
 
New appointments in the Trophos product development team include the arrival of Patrick Berna, PhD as Chief Development Officer, and the appointment of Dr Jean-Louis Abitbol, MD as Chief Medical Officer and Brigitte Chamayou-Anglade, Pharmacist as Chief of Regulatory Affairs.
 
Dr Berna, 41, will be responsible for drug development from drug candidate selection through to clinical proof of concept at Trophos. This will encompass preclinical and clinical developments through to Phase II. Dr Berna joins Trophos after successive positions in project management covering drug development and discovery activities within Boehringer-Ingleheim (2003-05), Jouveinal (1996-98), Parke-Davis (1998-2000) and Pfizer (2000-03). Dr Berna holds a MSc in Cell Biology from the University of Lille, France, and a PhD in Biochemistry from the University of Compiegne, France.
 
Dr Abitbol, MD, 51, brings substantial expertise in clinical research and drug development. Prior to joining Trophos in October 2004, he was Director of Clinical Research for Pierre Fabre Research Institute (France), and previously with CERNEP-Synthélabo, Jouveinal, Parke-Davis and Pfizer (1987-2002). Dr Abitbol holds an MD from the University Paris VII, France, and is a former resident of the Paris University Hospitals. Before his new appointment, Jean-Louis was Director of Clinical Research at Trophos.
 
Brigitte Chamayou-Anglade, 51, joined Trophos in November 2004. Prior to this she was a Consultant in Regulatory Affairs (since 2002); Director of Regulatory Affairs and "Pharmacien Responsable" for Laboratoires Chauvin (from 1985) and for Laboratoires Fournier (1980-1985). Brigitte holds a Pharmacist diploma from the University of Montpellier.
 
"These new appointments are designed to make the management team at Trophos even stronger at a time when the number of our drug products progressing to the clinic, and the level of licensing and partnering activity, are both set to increase in the next 12 - 18 months," said Antoine Béret, CEO at Trophos. "I am very pleased to welcome both Stephen and Patrick to the company. Their arrival marks a further milestone in the development of Trophos as a business. The progress of the development pipeline is also recognized by the increased level of commitment to Trophos of both Jean-Louis and Brigitte on their appointment to these new positions within the company."
 
Béret added: "We are particularly excited that TRO19622, the lead molecule discovered using our innovative phenotypic screening platform, has successfully completed Phase I clinical studies thereby allowing us to proceed rapidly into clinical trials of efficacy in ALS patients. Trophos anticipates initiating a pivotal Phase II/III clinical trial for the ALS indication in Q4 2006. Our understanding of the mechanism of action of this class of molecules leads us to believe they have tremendous potential for the treatment of other chronic neurological disorders, including neuropathic pain and Alzheimer's disease."

About ALS (Amyotrophic Lateral Sclerosis):
ALS, more commonly known as Lou Gehrig's disease in the USA, is a progressive and fatal neurological disease that is estimated to affect approx. 100,000 people worldwide. There is no cure for ALS. The only drug approved for ALS is riluzole, which has been demonstrated to give some survival benefit to ALS patients. For more information about ALS, see www.alsa.org
 
About Trophos: www.trophos.com
Trophos is a biopharmaceutical company developing drugs to treat neurodegenerative diseases. These are severely debilitating, often fatal, disorders with few effective drugs and tremendous unmet medical needs. Trophos has pioneered an innovative phenotypic screening platform which has enabled it to develop a proprietary portfolio of products in preclinical and clinical phases of development. In preclinical studies, compounds in the same class as TRO19622 have been shown to prevent the neuronal degeneration that is involved in the progression of these types of neurological disorders. The company is focusing its efforts on four therapeutic domains: the motoneuron diseases (ALS & SMA), Huntington's disease, neuropathic pain and Alzheimer's disease.
 
Trophos was founded in 1999 and has raised a total of EUR 30M. This includes EUR 18.3M in equity (2 rounds of approximately EUR 6M) and convertible bonds. Current investors include SGAM, Turenne Capital Partners, Innoveris, SOFIPACA and SOFIMAC. The company has also received EUR 9.4M in the form of research grants from patient associations such as the AFM (Association Française contre les Myopathies) and the HighQ Foundation (USA), and EUR 1.8 M from the French Aide à l'Innovation (ANVAR). Trophos collaborates actively with patient associations who contribute important scientific and clinical expertise related to neurodegenerative diseases, as well as research funding. The company is based in Marseille, France and currently has 37 employees.

 
For more information please contact:
 
Andrew Lloyd & Associates
Andrew Lloyd / Heidi Thompson
Tel: +44 1273 675100
allo@ala.com / heidi@ala.com
 

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