WESTMINSTER, Colo.--(BUSINESS WIRE)--Mar. 24, 2009--
Allos Therapeutics, Inc. (NASDAQ: ALTH), a biopharmaceutical company
focused on developing and commercializing innovative new drugs for the
treatment of cancer, today announced the appointment of David M. Stout,
former President, Pharmaceuticals at GlaxoSmithKline, to the Company’s
Board of Directors.
“We are pleased to welcome David to our Board of Directors and look
forward to benefiting from his guidance and contributions,” said Paul L.
Berns, President and CEO of Allos. “David’s 30-plus years of experience
in the pharmaceutical industry will be valuable as we approach the
potential commercialization of pralatrexate for the treatment of
patients with relapsed or refractory peripheral T-cell lymphoma and
continue to drive our product development and commercialization plan for
pralatrexate in both hematologic malignancies and solid tumors.”
Mr. Stout, age 54, served most recently as President, Pharmaceuticals at
GlaxoSmithKline, where he was responsible for the company’s global
pharmaceutical operations, from January 2003 to February 2008. Prior to
that, he served as President, U.S. Pharmaceuticals at GlaxoSmithKline
from 1999 to January 2003. He served as Senior Vice President and
Director, Sales and Marketing-U.S. for SmithKline Beecham from 1996 to
1998. Prior to that, Mr. Stout was President of Schering Laboratories, a
division of Schering-Plough Corporation, from 1994 to 1996. Mr. Stout
also held various executive and sales and marketing positions with
Schering-Plough Corporation from 1979, when he joined the company, until
1994. Mr. Stout is a director of Airgas, Inc.
About Allos Therapeutics, Inc.
Allos Therapeutics is a biopharmaceutical company focused on developing
and commercializing innovative small molecule drugs for the treatment of
cancer. In February 2009, the Company announced the final results from
PROPEL, the Company’s pivotal Phase 2 (PROPEL) trial of pralatrexate in
patients with relapsed or refractory peripheral T-cell lymphoma (PTCL).
The PROPEL trial was conducted under an agreement reached with the U.S.
Food and Drug Administration under its special protocol assessment (SPA)
process. Based on the results of the PROPEL trial, the Company intends
to submit a New Drug Application to the U.S. Food and Drug
Administration for pralatrexate for the treatment of relapsed or
refractory PTCL in the first half of 2009. The Company is also
investigating pralatrexate in patients with non-small cell lung cancer,
bladder cancer and a range of lymphoma sub-types. The Company currently
retains exclusive worldwide rights to pralatrexate for all indications.
For additional information, please visit the Company’s website at www.allos.com.
Source: Allos Therapeutics, Inc.
Allos Therapeutics, Inc.
Heather Rowe, 303-426-6262
hrowe@allos.com