MILAN--(BUSINESS WIRE)--Newron Pharmaceuticals S.p.A. (“Newron”) (SIX: NWRN), a biopharmaceutical company focused on the development of novel therapies for patients with diseases of the central and peripheral nervous system, today announced that Bo Jesper Hansen has informed the Board of Directors of his intention to step down as a Non-Executive Director, effective from this year’s Annual Shareholders Assembly taking place on March 27, 2018.
Ulrich Köstlin, Chairman of Newron, commented: “The Board of Directors and I would like to thank Bo for his dedication and commitment to Newron since he joined the Board in 2013. During his time at Newron, we have seen the approval and launch of our Parkinson’s disease product Xadago® in Europe and the US, and we have made significant progress with our pipeline products Evenamide and sarizotan. He leaves with our sincere thanks and best wishes for the future.”
Bo is member of the Company's Audit & Risk Committee and Chairman of the Research and Development Committee. Non-Executive Director Don deBethizy will take over as Chairman of the Research and Development Committee. Newron is not looking to make any further Non-Executive Director appointments at this time.
About Newron Pharmaceuticals
Newron (SIX: NWRN) is a biopharmaceutical company focused on the development of novel therapies for patients with diseases of the central and peripheral nervous system. The Company is headquartered in Bresso near Milan, Italy. Xadago® (safinamide) has received marketing authorization for the treatment of Parkinson’s disease in the European Union, Switzerland and the USA, and is commercialized by Newron’s Partner Zambon. US WorldMeds holds the commercialization rights in the USA. Meiji Seika has the rights to develop and commercialize the compound in Japan and other key Asian territories. In addition to Xadago® for Parkinson’s disease, Newron has a strong pipeline of promising treatments for rare disease patients at various stages of clinical development, including sarizotan for patients with Rett syndrome and ralfinamide for patients with specific rare pain indications. Newron is also developing Evenamide as the potential first add-on therapy for the treatment of patients with positive symptoms of schizophrenia. For more information, please visit: www.newron.com
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