Arena Pharmaceuticals Appoints Christine A. White, M.D. to Board of Directors
SAN DIEGO, Aug 14, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Arena Pharmaceuticals, Inc.
(Nasdaq: ARNA) today announced that Christine A. White, M.D. was appointed to
its board of directors. Dr. White is Arena's seventh independent director and
brings significant development and regulatory experience to its board.
Dr. White was with Biogen Idec from 1996 to 2005, where she held several
senior positions, most recently as Senior Vice President, Global Medical
Affairs. At Biogen Idec, Dr. White played a key role in the clinical
development, regulatory affairs and commercialization of both Rituxan® and
Zevalin®. From 1994 to 1996, Dr. White served as the Director of Clinical
Oncology Research at the Sidney Kimmel Cancer Center in San Diego and from
1984 to 1994, Dr. White held various positions in the Department of Medicine
at Scripps Memorial Hospitals in San Diego, most recently as Chairman,
Department of Medicine.
"Dr. White's insight as a clinician and her regulatory and development
experience will greatly assist in the continued advancement of Arena's diverse
drug candidate pipeline," stated Jack Lief, Arena's President and Chief
Executive Officer. "We welcome her leadership and expertise and look forward
to working with her as we strive to achieve long-term success."
Dr. White currently serves on the board of directors at Pharmacyclics,
Inc. Dr. White is also a member of numerous professional organizations,
including the American Society of Clinical Oncology, the American Society of
Hematology and the International Society for Biological Therapy of Cancer.
Dr. White has authored or co-authored more than 100 articles and currently
serves on several editorial boards, including Journal of Immunotherapy and
Cancer Biotherapy and Radiopharmaceutical.
Dr. White received her medical degree from the University of Chicago and
is Board certified in both Internal Medicine and Medical Oncology.
About Arena Pharmaceuticals
Arena is a clinical-stage biopharmaceutical company focusing its research
and development efforts on small molecule drugs in four major therapeutic
areas: metabolic, central nervous system, cardiovascular and inflammatory
diseases. Arena has a broad pipeline of compounds targeting an important
class of drug targets called G protein-coupled receptors, or GPCRs, using its
knowledge of GPCRs and its technologies, including CART and Melanophore.
Arena has four internally discovered, clinical-stage drug candidates for major
diseases. The most advanced, lorcaserin, is under investigation for the
treatment of obesity. Arena's lead drug candidate for the treatment of
insomnia, APD125, is a compound with a novel mechanism of action. Arena also
has two clinical-stage collaborations with major pharmaceutical companies:
Merck & Co., Inc. and Ortho-McNeil, Inc.
Arena Pharmaceuticals® and Arena® are registered service marks of the
company. CART is an unregistered service mark of the company. "APD" is
an abbreviation for Arena Pharmaceuticals Development.
Rituxan® is a registered trademark of Genentech. Zevalin® is a
registered trademark of Biogen Idec.
Certain statements in this press release are forward-looking statements
that involve a number of risks and uncertainties. Such forward-looking
statements include statements that are not historical facts about the
advancement of Arena's pipeline and expectations. For such statements, Arena
claims the protection of the Private Securities Litigation Reform Act of 1995.
Actual events or results may differ materially from Arena's expectations.
Factors that could cause actual results to differ materially from the
forward-looking statements include, but are not limited to, Arena's planned
clinical trials may not proceed at the time or in the manner Arena expects or
at all, the results of preclinical studies or clinical trials may not be
predictive of future results, the timing, success and cost of Arena's research
and development, Arena's ability to partner lorcaserin, APD125 or other of its
compounds or programs, Arena's ability to obtain additional financing, Arena's
ability to obtain and defend its patents, and the timing and receipt of
payments and fees, if any, from Arena's collaborators. Additional factors
that could cause actual results to differ materially from those stated or
implied by Arena's forward-looking statements are disclosed in Arena's filings
with the Securities and Exchange Commission. These forward-looking statements
represent Arena's judgment as of the time of this release. Arena disclaims
any intent or obligation to update these forward-looking statements, other
than as may be required under applicable law.
SOURCE Arena Pharmaceuticals, Inc.
Jack Lief, President and CEO, or David Walsey, Director, Corporate Communications,
both of Arena Pharmaceuticals, Inc., +1-858-453-7200, ext. 1682; or Media Relations,
Carolyn Wang of WeissComm Partners, +1-415-946-1065, for Arena Pharmaceuticals, Inc.
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