PR Newswire, Wednesday, January 15, 1997 at 08:19
ALAMEDA, Calif., Jan. 15 /PRNewswire/ -- Avigen, Inc. (Nasdaq: AVGN) today announced the appointment of Robert M. Maurer as vice president, business development. Prior to joining Avigen, Mr. Maurer was the co-founder and chief operating officer of Molecular Geriatric Corporation, a privately held Alzheimer's disease research company. From 1974 to 1992, he held various general management, marketing and sales positions in the Diagnostics Division of Abbott Laboratories. "Over the past year, Avigen's technology has progressed to the stage where corporate partnering is now a key component of business strategy," said John Monahan, president and chief executive officer of Avigen. "With over 20 years of pharmaceutical industry experience in building a variety of business and partnering relationships, Bob has developed an extensive worldwide network of pharmaceutical industry contacts that should serve our company's goals well. We are very pleased to welcome him to Avigen." "Avigen's technology platform for gene delivery appears to overcome many of the limitations that have constrained the field of gene therapy," said Mr. Maurer. "I look forward to helping shape the future development and eventual commercialization of this technology as part of the Avigen management team." Mr. Maurer holds an M.B.A. from the Harvard University Graduate School of Business and a B.A. in economics and mathematics from Carleton College in Northfield, Minnesota. Avigen, Inc. is a biotechnology company involved in the development of gene therapy products derived from adeno-associated virus for the treatment of inherited and acquired diseases. The company's proposed gene therapy products are designed for in vivo administration to achieve the production of therapeutic products within the body. Avigen is focusing its efforts on developing products to deliver genes for treatments of brain, liver and prostate cancer, anemia, hemophilia, hyperlipidemia, metabolic storage diseases and blood cell-related diseases, including sickle cell anemia, beta-thalassemia and HIV. |