AMRI Announces Leadership Changes.ALBANY, N.Y. -- Albany Molecular Research, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AMRI AMRI Albany Molecular Research (stock symbol) AMRI Advanced Magnetic Research Institute (Mocksville, NC) AMRI Advanced Materials Research Institute AMRI Adult Movie Review Index ) today announced leadership changes, following the restructuring recently announced at its Large Scale Manufacturing facility in Rensselaer, New York Rensselaer is a city in Rensselaer County, New York, U.S., located on the Hudson River, directly opposite Albany. As of the 2000 census, the city population was 7,761; in 1920, it was 10,832. . Steven R. Hagen, Ph.D. has been promoted to vice president for quality and analytical chemistry analytical chemistry: see under chemistry. . In his new role, Dr. Hagen will be responsible for overseeing analytical and quality functions at all of AMRI's facilities. In addition, he will be responsible for the company's regulatory activities, including the company's relationship with the U.S. Food and Drug Administration. Prior to his promotion, Dr. Hagen was senior director of analytical quality services, where he supervised AMRI's analytical chemistry team, which measures the chemical purity chemical purity, n the degree to which a substance is undiluted or unmixed with extraneous material, typically expressed as a percentage (%). and physical properties of drugs as they move through the drug development and manufacturing process. He joined AMRI in 2005 from his previous position as director of analytical research and development at Pfizer's Global Research and Development Division in Kalamazoo, Michigan “Kalamazoo” redirects here. For other uses, see Kalamazoo (disambiguation). Kalamazoo is the largest city in the southwest region of the U.S. state of Michigan. As of the 2000 census, the city had a total population of 77,145. . He began his tenure at Pfizer in 1994 as a research scientist. Prior to Pfizer, he was an analytical biochemist with Ribi ImmunoChem Research, Inc. Dr. Hagen received a B.A. in biology from Lawrence University Lawrence University, located in Appleton, Wisconsin, is a private liberal arts college founded in 1847. The first classes were held on November 12, 1849. Lawrence was the sixth college in the United States to be founded coeducational. , as well as a Master's degree in botany and a Ph.D. in biochemistry, both from the University of Idaho The university was formed by the territorial legislature of Idaho on January 30, 1889, and opened its doors on October 3, 1892 with an initial class of 40 students. The first graduating class in 1896 contained two men and two women. . Separately, Paul F. Vogt, Ph.D. has been promoted to director of manufacturing at AMRI's Rensselaer manufacturing facility. In his new role, he will be responsible for the manufacturing of all bulk chemicals, pharmaceuticals and intermediates at the company's Rensselaer facility. His area of oversight includes all compounds manufactured in Rensselaer for human clinical trials and commercial products. Dr. Vogt began his career at AMRI in 1997 as a senior research chemist and has since taken on positions of increasing responsibility, culminating with his promotion in 2005 to director of chemical development, where he oversaw the company's fast-growing chemical development activities, including managing customer projects and project teams involved in process research and scale-up activities. Dr. Vogt received a bachelor's degree in chemistry at Seton Hall University Seton Hall University is a private Roman Catholic university located 14 miles from Manhattan in historic South Orange, New Jersey. Founded in 1856 by Archbishop James Roosevelt Bayley, Seton Hall is the oldest diocesan university in the United States. and a Ph.D. in organic chemistry at the University of Notre Dame. "We are pleased to announce the promotions of Drs. Hagen and Vogt into these leadership roles at AMRI," said AMRI Chairman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President Thomas E. D'Ambra, Ph.D. "These promotions occur as part of the recently announced restructuring of our large scale manufacturing operations. Steve and Paul each have managed areas of our business that have been bright spots performance-wise in the recent past. I am confident, as they bring their skills to their increased responsibilities, that AMRI has the right people in place to position our manufacturing operations for long term growth and profitability. We are pleased to announce these changes today and wish Steve and Paul best wishes for continued career growth and success." Albany Molecular Research, Inc. is a global drug discovery company that provides chemistry services to pharmaceutical and biotechnology companies and conducts its own proprietary R&D programs. Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that involve risks and uncertainties. These statements may be identified by forward-looking words such as "may," "could," "should," "would," "will," "intend," "expect," "anticipate," "believe" and "continue" or similar words. Readers should not place undue reliance on our forward-looking statements. The company's actual results may differ materially from such forward-looking statements as a result of numerous factors, some of which the company may not be able to predict and may not be within the company's control. Factors that could cause such differences include, but are not limited to the company's ability to attract and retain experienced scientists, trends in pharmaceutical and biotechnology companies outsourcing of chemical research and development, the company's ability to enforce its intellectual property and technology rights, the risks posed by international operations to the company, and the company's ability to effectively manage its growth as well as those factors discussed in the company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2005 as filed with the Securities and Exchange Commission on March 16, 2006 and the company's other SEC filings. The company does not undertake any duty to and does not intend to update any forward-looking statements contained in this press release after the date of this press release. |
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