Latest quarterly report says cash will only be sufficient to fund our current level of operations into the first quarter of 2009
I'll also paste the news from earlier this month
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 6, 2008, the Board of Directors accepted the resignation of H. Stewart Parker as the chief executive officer and president of Targeted Genetics effective November 6, 2008. Ms. Parker remains on the company’s board of directors. The Board of Directors also accepted the resignation of Barrie J. Carter as the executive vice president and chief scientific officer of Targeted Genetics effective November 6, 2008. Ms. Parker managed Targeted Genetics formation as a wholly owned subsidiary of Immunex Corporation in 1989 and served as Targeted Genetics’ president, chief executive officer and a director since that time. Dr. Carter served as Targeted Genetics’ executive vice president since August 1992 and as Targeted Genetics’ chief scientific officer since January 2001.
On November 6, 2008, the Board of Directors appointed B. G. Susan Robinson as Targeted Genetics’ president and chief executive officer.
B. G. Susan Robinson, age 47, has served as Targeted Genetics’ vice president of business development since December 2001. Ms. Robinson joined Targeted Genetics in March, 2000 as the company’s senior director of business development. Prior to joining Targeted Genetics, she was director, business development at Genzyme Molecular Oncology, a business unit of Genzyme Corporation from 1997 to 2000. In her business development roles, she has completed multiple corporate and academic technology licenses, sponsored research agreements, and product development collaboration agreements. From 1988 to 1997, Ms. Robinson held increasingly responsible positions in corporate development and corporate communications for Immulogic Pharmaceuticals Corporation and T-Cell Sciences, Inc. (now Celldex). Ms. Robinson is a graduate of Yale University.
and this article from rnai news rnainews.com
if that url doesn't work do this news.google.com |