AXM Pharma Appoints Steven M. Dinh to Its Board of Directors.NEW YORK -- AXM AXM Astonishing X-Men (comic) AXM Authorized Cross Memory Pharma, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : AXMP), a manufacturer of proprietary and generic pharmaceutical and nutraceutical products for the Chinese and other Asian markets, announced today that it has appointed Steven M. Dinh Sc.D. to its Board of Directors. He replaced Wenzhou Zhang, who has resigned as a result of current Administrative Regulations of the People's Republic of China Cadre that prevent him for serving on the Board. Mr. Zhang will continue to work with the Company as a consultant. Mr. Dinh currently serves as Vice President of Research and Technology Development for Emisphere Technologies, 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 : EMIS EMIS Education Management Information System EMIS Energie en Milieu Informatiesysteem voor het Vlaamse Gewest (Belgium) EMIS European Mathematical Information Service EMIS Egton Medical Information Systems ), a biopharmaceutical company. His career also includes tenures as Chief Scientific Officer and Vice President of Research and Development at Lavipharm Laboratories Inc. and as Head of Transdermals Pharmaceutical R&D at Novartis Pharmaceuticals Corp. (NYSE NYSE See: New York Stock Exchange : NVS). Mr. Dinh received his B.E. degree in chemical engineering from Cooper Union, an M.S. degree in chemical engineering from Cornell University, and an Sc.D. degree in chemical engineering from the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, . Mr. Dinh holds a number patents, has been published in a large number of scientific publications, and is a frequent guest speaker at scientific conferences and seminars. "We are pleased that we were able to attract such an accomplished executive as Steven," said Wang Weishi, 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. of AXM Pharma. "His expertise in the pharmaceutical area will help us in managing the acquisition of Ming Cheng and in helping us to develop our pharmaceutical business. We would also like to recognize Wenzhou for his role in helping the Company build its business. We regret that he will no longer be able to serve on the Board due to a conflict, but look forward to his continued involvement in the Company as a consultant." About AXM Pharma, Inc. AXM Pharma, Inc., through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , AXM Pharma Shenyang, Inc. ("AXM Shenyang"), is a manufacturer of proprietary and generic pharmaceutical products, which include injectables, capsules, tablets, liquids and medicated medicated /med·i·cat·ed/ (med´i-kat?id) imbued with a medicinal substance. medicated contains a medicinal substance. skin products for export and domestic Chinese sales. AXM Shenyang is located in the City of Shenyang, in the Province of Liaoning, China. AXM Shenyang has an operating history of approximately 10 years. For additional information on AXM Pharma Inc., please visit http://www.axmpharma.com. Safe Harbor Statement under 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: The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law, including the statements regarding the Company's opportunities for future growth. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, obtaining regulatory approvals to market the Company's products, the uncertainties associated with distributing products in a developing country such as China, the availability of cash to meet near term requirements as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices. With respect to AXM, except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, AXM's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management. |
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