Genome Therapeutics Adds New President and Chief Operating Officer / Appoints Dr. Richard D. Gill, Former General Manager of BTG plc's North American Operations
16.12.1999, 14:08
WALTHAM, Mass. (PROTEXT) - Genome Therapeutics Corp. (Nasdaq:
GENE), a leader in the field of genomics, today announced the
appointment of Richard D. Gill, Ph.D., as President and Chief
Operating Officer, effective January 3, 2000. Dr. Gill succeeds
Robert J. Hennessey who remains Chairman and Chief Executive
Officer.
( Photo: http://www.newscom.com/cgi-bin/prnh/19991216/NETH002
)
Dr. Gill joins Genome Therapeutics following 10 years with BTG
International Inc., a subsidiary of BTG plc, a global leader in
the patenting, marketing and commercialization of intellectual
property rights. Dr. Gill was instrumental in establishing BTG
USA in 1990 and served as Senior Vice President and General
Manager of BTG's North American Biosciences business
headquartered in Gulph Mills, Pennsylvania. He was responsible
for Human Pharmaceuticals, Agribusiness, Food, Vaccines,
Veterinary Products and Diagnostics. During his tenure, BTG in-
licensed technologies and products including BeneFIX(R)
(Recombinant Factor IX treatment for Hemophilia B) and Campath(R)
(treatment for the most common form of adult leukemia) from
universities for development and re-licensed them to Genetics
Institute and LeukoSite, respectively, for development.
"Recognized as one of the most successful commercialization
executives in the biosciences business, Dr. Gill brings a
demonstrated balance of scientific and business leadership to
Genome Therapeutics. His track record of acquiring technologies
and commercializing products from a variety of sources,
domestically and abroad is impressive," stated Robert J.
Hennessey. "Dr. Gill's experience and abilities will help lead
GTC to a new level as we seek to expand our revenue base and add
value through acquisition and development of novel products and
technologies."
"Bob Hennessey and his team have built an impressive portfolio
of alliance partners and created a solid commercial business in
genomics," said Dr. Gill. "I look forward to developing and
integrating these strengths to capitalize on the tremendous
opportunities in genomics and drug discovery, both within Genome
Therapeutics as well as by identification and development of
assets from external sources."
Prior to joining BTG, Dr. Gill held positions of increasing
responsibility in science and management with Unilever plc in the
United Kingdom from 1980 to 1989. Dr. Gill is a Board member of
the Ben Franklin Technology Center, served as a Board member of
the Pennsylvania Biotechnology Association, and acted as Co-Chair
of the Host Committee for BIO '96, in Philadelphia.
Hennessey added, "On behalf of all our employees and the
Board, we welcome Dr. Gill to the Company, and look forward to
his enthusiastic leadership in shaping the next phase of our
Company's growth."
Genome Therapeutics Corp. is a leader in the field of genomics
- the identification and functional characterization of genes.
The Company's commercial gene discovery strategy is to elucidate
microbial genes as novel drug targets against many serious
infectious organisms and identify and characterize human genes
associated with major diseases. Together with its strategic
partners, Genome Therapeutics is using genomic information to
develop a new generation of pharmaceuticals.
Statements in this press release that are not strictly
historical are "forward looking" statements as defined in the
Private Securities Litigation Reform Act of 1995. The actual
results may differ from those projected in the forward looking
statement due to risks and uncertainties that exist in Genome
Therapeutics' operations and business environment, described more
fully in the Company's Annual Report on Form 10-K. ots Original
Text Service: Genome Therapeutics Corp. Internet:
http://www.newsaktuell.de Contact: Christopher Taylor, Director
of Investor Relations of Genome Therapeutics Corp., 781-398-2466,
or Douglas E. MacDougall, Vice President of Feinstein Kean
Healthcare, 617-577-8110 Photo: NewsCom:
http://www.newscom.com/cgi-bin/prnh/19991216/NETH002
PRN Photo Desk, 888-776-6555 or 201-369-3467 Web site:
http://www.genomecorp.com
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