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Healthcare Mergers, Acquisitions & Ventures Week

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Alfacell Corporation



Alfacell Appoints David Sidransky Chairman of the Board of Directors



February 2nd, 2008

Alfacell Corporation (NASDAQ:ACEL) announced that its board of directors has appointed David Sidransky, M.D., chairman. Dr. Sidransky, 47, has served as Alfacell's vice chairman since January 2007 and as a director since May 2004. He succeeds Kuslima Shogen, Alfacell's chairman since 1996. Ms. Shogen continues to serve as Alfacell's chief executive officer and a director.

Separating the roles of chairman and chief executive officer is considered a best practice of corporate governance and will allow the company to focus on the completion of its rolling new drug application for ONCONASE(R) and pursue new business relationships and opportunities. The change in...


Source: Healthcare Mergers, Acquisitions & Ventures Week (2008-02-02)

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