Duncan A. McIntyre Joins Inyx in the New Position of Managing Director of Inyx Europe Limited
April 04 2006 - 9:38AM
PR Newswire (US)
NEW YORK, April 4 /PRNewswire-FirstCall/ -- Inyx, Inc. (OTC:IYXI)
(BULLETIN BOARD: IYXI) , a specialty pharmaceutical company focused
on niche drug delivery technologies and products, announced today
that Duncan A. McIntyre has joined the company in the newly
established position of Managing Director of Inyx Europe Limited.
Mr. McIntyre is directing the management and integration of the
company's two operating subsidiaries in the United Kingdom, Inyx
Pharma Ltd. and Ashton Pharmaceuticals Ltd. He will also supervise
the management and assimilation of Inyx's pending acquisition of a
German pharmaceutical production business, which is scheduled to be
completed by June 30, 2006. Jack Kachkar, M.D., Chairman & CEO
of Inyx, Inc., said, "We are very pleased to have someone with
Duncan McIntyre's experience come on board as his background is
ideally suited to steer the integration and management of Inyx's
expanding scope of operations in Europe." Dr. Kachkar added, "Mr.
McIntyre is the first of several new executives that will be
joining Inyx this year to prudently manage our company's expected
growth on both sides of the Atlantic." "I am very excited to join
Inyx at this time in its evolution as a rapidly growing, vertically
integrated, specialty pharmaceutical company," said Mr. McIntyre.
From 2002 through last month, Mr. McIntyre was Supply Chain
Director of Boots Healthcare International (BHI), formerly the
U.K.-headquartered drug-manufacturing division of The Boots Company
PLC, which was sold on February 1, 2006 to Reckitt Benckiser PLC.
At BHI, Mr. McIntyre had six plants reporting to him: four in the
U.K., one in Germany and one in Thailand. From 1991 through 2002,
Mr. McIntyre held several different operating management positions
at Glaxo Smith Kline companies. Mr. McIntyre holds a BA in Natural
Sciences from the University of Cambridge, Churchill College, and a
MBA from Strathclyde Graduate Business School in the United
Kingdom. About Inyx Inyx, Inc. is a specialty pharmaceutical
company with niche drug delivery technologies and products for the
treatment of respiratory, allergy, dermatological, topical and
cardiovascular conditions. Inyx focuses its expertise on both
prescription and over-the-counter pharmaceutical products, and
provides specialty pharmaceutical development and production
consulting services. In addition, Inyx is developing its own
proprietary products. The company's operations are conducted
through several wholly owned subsidiaries: Inyx USA, Ltd., based in
Manati, Puerto Rico; Inyx Pharma Ltd. and Inyx Europe Limited,
which owns and operates Ashton Pharmaceuticals Ltd., all near
Manchester, England; Inyx Canada, Inc. in Toronto; and Exaeris,
Inc., based in Exton, Pennsylvania. Inyx, Inc.'s corporate offices
are in New York City. For more information, please visit:
http://www.inyxgroup.com/. Safe Harbor Statements about Inyx's
future expectations, including future revenues and earnings, and
all other statements in this press release other than historical
facts, are "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and as that term is defined in the
Private Securities Litigation Reform Act of 1995. The Company
intends that such forward-looking statements be subject to the safe
harbors created thereby. Since these statements involve risks and
uncertainties and are subject to change at any time, the Company's
actual results could differ materially from expected results. For
more information, please contact: Jay M. Green, Executive Vice
President Inyx, Inc. 212-838-1111 DATASOURCE: Inyx, Inc. CONTACT:
Jay M. Green, Executive Vice President of Inyx, Inc.,
+1-212-838-1111, Web site: http://www.inyxinc.com/
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