Gentium Announces Resignation of Chairman of the Board
VILLA GUARDIA (COMO), Italy, Dec 07, 2009 (BUSINESS WIRE) -- Gentium S.p.A. (Nasdaq: GENT) today announced the resignation of Dr. Francesco Bellini as Chairman and a member of Gentium's Board of Directors, who indicated that his other business commitments prevented him from continuing to devote adequate time to Gentium. Dr. Bellini was elected to Gentium's Board in October 2009.
"We thank Dr. Bellini for his valuable input and support and wish him the best in his other endeavors," said Dr. Khalid Islam, Gentium's Interim Chief Executive Officer. "The company will convene a Board of Directors' meeting and the announcement of a new Chairperson is expected shortly."
Gentium S.p.A. is a biopharmaceutical company focused on the research, discovery and development of drugs derived from DNA extracted from natural sources, and drugs that are synthetic derivatives, to treat and prevent a variety of vascular diseases and conditions related to cancer and cancer treatments. Defibrotide, the Company's lead product candidate, is an investigational drug that has been granted Orphan Drug status by the U.S. Food and Drug Administration and EMEA to prevent and to treat VOD and Fast Track designation by the U.S. FDA for the treatment of severe VOD in recipients of stem cell transplants.
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SOURCE: Gentium S.p.A.