(Alliance News) - Midatech Pharma PLC said Wednesday that Frederic Duchesne had been appointed as a non-executive director, effective immediately.
Duchesne was chief executive of the pharmaceuticals division of Pierre Fabre Laboratories until May. In addition to his nine-year stint with Pierre Fabre, Duchesne has held senior position with French drug firm Sanofi SA, the UK's GlaxoSmithKline PLC and the US's Bristol-Myers Squibb Co.
"I look forward to working with Frederic and am very confident he will make an important and positive impact to Midatech across the business, particularly with the next, important stage in developing our manufacturing capabilities and commercialising the company's assets, as the company continues to develop its key projects through their clinical phase and towards their successful launch," said Midatech Chair Rolf Stahel
Shares in Midatech were trading 0.1% higher at 6.88 pence each on Wednesday in London.