Press Release:
biz.yahoo.com
Wednesday August 4, 8:31 am Eastern Time
Company Press Release
SOURCE: BioMarin Pharmaceutical Inc.
BioMarin Announces the Appointment of John L. Jost, Ph.D. as Vice President Manufacturing
NOVATO, Calif., Aug. 4 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (Nasdaq: BMRN; SWX) announced the appointment of John L. Jost, Ph.D., as Vice President Manufacturing. Dr. Jost joins BioMarin after fourteen years of progressively more responsible assignments in manufacturing and process development at Genentech, Inc. and, before that, eleven years as a research scientist in process development at The Upjohn Company. Dr. Jost's most recent position at Genentech was Director of Manufacturing Sciences, where he started and managed a department responsible for process monitoring, trouble- shooting and process improvements for all the licensed products at Genentech. Before that assignment, Dr. Jost was Director of Fermentation Research and Development at Genentech. Dr. Jost holds a Ph.D. in Chemical Engineering from the University of Minnesota.
Grant W. Denison, Jr., Chairman and Chief Executive Officer of BioMarin, stated, ''We are very pleased to have a manufacturing executive with John's extensive experience and record of achievement join our BioMarin team. John's leadership of our manufacturing activities will be essential to the achievement of our overall corporate objectives in the next three years. During that time, we intend to develop the initial manufacturing operations and capabilities necessary to produce the biopharmaceuticals needed for our lead product programs.''
BioMarin Pharmaceutical Inc. specializes in the discovery, development and commercialization of carbohydrate enzyme therapeutics. Since inception in 1997, BioMarin has applied its proprietary enzyme technology to the development of products in five therapeutic areas: genetic diseases, burn debridement, fungal infections, pro-fertility, and inflammation (psoriasis). Glyko, Inc., a BioMarin subsidiary, provides analytical and diagnostic services in the area of carbohydrate biology.
This press release contains forward-looking statements about the business prospects of BioMarin Pharmaceutical Inc. including the timing of manufacturing operations and capabilities to support lead product programs. Results may differ materially depending on the progress of BioMarin's product programs, availability of capital, future actions in the pharmaceutical market and developments by competitors.
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