Creabilis Appoints Dr. Eliot Forster as its New Chief Executive Officer

Creabilis Appoints Dr. Eliot Forster as its New Chief Executive Officer
2010/09/29

Luxembourg - 28th September 2010 - Creabilis SA, a clinical stage European biotechnology company addressing significant unmet medical needs in dermatological diseases, today announced the appointment of Eliot Forster as its new Chief Executive Officer. Dr Forster brings to Creabilis significant drug development experience having brought a number of molecules to market.

Dr Forster has close to 20 years industry experience in biotechnology and pharmaceutical companies. He was most recently the CEO of Solace Pharmaceuticals, a US-based biotech. Prior joining Solace, Dr Forster was Head of EU Development and of Development Operations in the EU & Asia at Pfizer. During his career at Pfizer Dr Forster was integral to bringing a number of drugs to market, including Celebrex® (celecoxib), Bextra® (valcecoxib) and Relpax® (eletriptan).

Dr Forster holds a PhD from Liverpool University and an M.B.A. from Henley Management College. He has held a number of Non-Executive Director roles in the biotech sector and is an advisor to the UKTI Life Sciences Strategy Board.

Commenting on his new role, Dr Eliot Forster said: "Creabilis has the potential to make a significant difference to the way serious skin diseases are treated. Our lead product, CT327, is advancing through the clinic and highlights the potential of our Low Systemic Exposure (LSE) technology to deliver innovative new chemical entities, targeting significant unmet medical needs. I very much look forward to working with the exceptional team at Creabilis and delivering on the undoubted promise of the Company's pipeline and underlying science."

George F. Horner III, Chairman of Creabilis said: "We are delighted that Eliot has joined Creabilis. His proven drug development experience will be extremely valuable as we work to further advance of our exciting pipeline of clinical drug candidates. Eliot's appointment is another important step in Creabilis bringing highly innovative treatments for skin diseases to market."
 

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