News I found on quotes.com Dated 5/20/98 10:24 am
quotecentral.com
New Board Member Brings Extensive Experience in Carbohydrate Science
BOSTON, May 20 /PRNewswire/ -- SafeScience, Inc., (Nasdaq: SAFS) today announced that it has expanded its Scientific Advisory Board with the addition of Zbigniew J. Witczak, Ph.D. Dr. Witczak is currently an Assistant Professor of Pharmaceutical Sciences in the School of Pharmacy at the University of Connecticut in Storrs.
"We are excited to add Dr. Witczak, a distinguished colleague who has impressive credentials in the area of carbohydrate science, to the SafeScience Advisory Board," said David Platt, Chief Executive Officer, SafeScience. "Dr. Witczak's experience will bolster SafeScience's expertise to untap the potential of carbohydrates for the development of a broad range of sugar chemistry alternatives for human therapeutic, agricultural and consumer products."
The addition of Dr. Witczak to the Scientific Advisory Board is one of several steps SafeScience has recently taken in expanding its technological resources to build new products for marketing under the SafeScience(R) world brand. Earlier this month, SafeScience signed an agreement with MIGAL Galilee Technology Center (MIGAL) in Israel to become the first SafeScience Institute. Under the agreement, MIGAL will use its extensive resources and technology to develop products and industrial processes naturally derived under the SafeScience(R) world brand. The company has also announced a partnership with Dominion BioSciences to develop and market its non-toxic consumer pest control products under the SafeScience(R) brand.
Dr. Witczak was formerly a Senior Research Chemist at A.E. Staley Manufacturing Company. He consults for several respected companies in the industry, including Proctor & Gamble Pharmaceuticals and the Grain Processing Corporation Research Center. Dr. Witczak was an Editor of Marcel Dekker's Carbohydrates in Drug Design and a member of the Editorial Board for Journal of Carbohydrate Chemistry and is currently Executive Secretary, Division of Carbohydrate Chemistry, American Chemical Society. He has also been honored with several awards reflecting his work in the area of carbohydrate research, including the John S. Burlew, Connecticut Valley Section Award of American Chemical Society for outstanding research contribution to carbohydrate chemistry. Dr. Witczak received his M.S. in Organic Chemistry from the University of Lodz in Poland and his Ph.D. in Organic Chemistry of Natural Products also from the University of Lodz.
SafeScience, Inc., (formerly IGG International, Inc.) is developing and in-licensing a portfolio of efficacious agricultural and pharmaceutical products to be marketed under the brand 'SafeScience(R)' as an alternative to conventional products employing potentially harmful chemicals. Beyond the Company's agricultural products, its
human therapeutic products include a carbohydrate compound to treat cancer, which is in human clinical trials, as well as an antifungal compound. Further information is available on SafeScience's web site: safesci.com.
SafeScience Safeharbor Statement Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including, but not limited to, risks of product nonapproval or product development and market acceptance risks, the impact of competitive products and pricing, the results of current and future licensing and other collaborative relationships, the results of financing efforts, developments regarding intellectual property rights and litigation, and other risks identified in the Company's Securities and Exchange Commission filings. Actual results, events or performance may differ materially. Readers are cautioned not to place undo reliance on these forward-looking statements, which speak only as the date hereof. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
