Business
Marina Biotech Appoints Uli Hacksell, Ph.D. and Robert C. Moscato to Board of Directors
Marina Biotech Appoints Uli Hacksell, Ph.D. and Robert C. Moscato to Board of Directors.
About this update from Adhera Therapeutics Inc.
[{"type":"text","content":"\nCity of Industry, CA, June 29, 2018 (GLOBE NEWSWIRE) -- Marina Biotech, Inc. (OTCQB: MRNA), a commercial stage pharmaceutical company focused on the development and commercialization of innovative therapeutics for hypertension, arthritis, pain and oncology, today announced that each of Uli Hacksell, Ph.D. and Robert C. Moscato, Jr. has been appointed to serve as a member of its Board of Directors, with Dr. Hacksell also being appointed to serve as Chairman of the Board. Dr. Hacksell has agreed to devote half of his business time to Marina. Mr. Moscato currently serves as the Chief Executive Officer of the Company. Each of the foregoing appointments is effective July 1, 2018.\n Dr. Hacksell, age 67, has served as Chairman of the Board of Directors of Cerecor Inc. since May 2015 and as President and Chief Executive Officer of Cerecor Inc. from January 2016 to August 2017. From September 2000 to March 2015, Dr. Hacksell served as the Chief Executive Officer and as a director of ACADIA Pharmaceuticals Inc. From February 1999 to September 2000, he served as the Executive Vice President of Drug Discovery of ACADIA. Previously, Dr. Hacksell held various senior executive positions at Astra AB, a pharmaceutical company, including Vice President of Drug Discovery and Technology, and President of Astra Draco AB, one of Astra’s largest research and development subsidiaries. He also served as Vice President of CNS Preclinical R&D at Astra Arcus, another Astra subsidiary. Earlier in his career, Dr. Hacksell held the positions of Professor of Organic Chemistry and Department Chairman at Uppsala University in Sweden and served as Chairman and Vice Chairman of the European Federation of Medicinal Chemistry. He currently serves as a director on the boards of Index Pharmaceuticals, Medivir, Beactica and Uppsala University. Dr. Hacksell received his Master of Pharmacy and a Ph.D. in Medicinal Chemistry from Uppsala University. Mr. Moscato, age 42, has served as the Chief Executive Officer of the Company since June 18, 2018.  He is a serial pharmaceutical entrepreneur who has amassed his knowledge during more than 20 years in the pharmaceutical industry, including c-suite leadership and commercial roles. He has successfully built companies from the ground to an integrated organization. Mr. Moscato served as the President and Chief O...