Founding Director Robert T. Nelsen to Retire from Adolor Board
May 22 2008 - 8:00AM
Business Wire
Adolor Corporation (Nasdaq:ADLR) announced today that Robert T.
Nelsen is retiring from his role as a member of the Board of
Directors of Adolor Corporation effective May 21, 2008. Mr. Nelsen
is a founder of Adolor and has served on the Board of Directors
since its inception. �We thank Bob for his outstanding dedication,
service and contribution to Adolor,� said David M. Madden, chairman
of the Adolor Board of Directors. �Bob has been instrumental over
the past 15 years in helping to take Adolor from an idea to one of
the few emerging pharmaceutical companies to have made the
transition from research to commercialization.� �With the recent
FDA approval of Entereg� in postoperative ileus, Bob�s vision that
novel science in the area of opioid receptors would someday improve
patient care is now a reality,� said Michael R. Dougherty, Adolor
chief executive officer. �We are grateful to Bob for sharing his
wisdom, experience and leadership with us for all these years, and
wish him continued success in his future business endeavors.� About
Adolor Corporation Adolor Corporation (Nasdaq:ADLR) is a
biopharmaceutical company specializing in the discovery,
development and commercialization of novel prescription pain
management products. By applying its knowledge and expertise in
pain management, along with ingenuity, Adolor is seeking to make a
positive difference for patients, caregivers and the medical
community. For more information, visit www.adolor.com. This
release, and oral statements made with respect to information
contained in this release, may constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements include those
which express plan, anticipation, intent, contingency, goals,
targets or future development and/or otherwise are not statements
of historical fact. These statements are based upon management's
current expectations and are subject to risks and uncertainties,
known and unknown, which could cause actual results and
developments to differ materially from those expressed or implied
in such statements. Information about risks and uncertainties may
be found in Adolor's Reports on Form 8-K, 10-Q and 10-K filed with
the U.S. Securities and Exchange Commission. Adolor urges you to
carefully review and consider the disclosures found in its filings
which are available in the SEC EDGAR database at http://www.sec.gov
and from Adolor at http://www.adolor.com. Given the uncertainties
affecting pharmaceutical companies in the development stage, you
are cautioned not to place undue reliance on any such
forward-looking statements, any of which may turn out to be wrong
due to inaccurate assumptions, unknown risks, uncertainties or
other factors. Adolor undertakes no obligation to (and expressly
disclaims any such obligation to) publicly update or revise the
statements made herein or the risk factors that may relate thereto
whether as a result of new information, future events, or
otherwise. This press release is available on the website
http://www.adolor.com.
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