Abgenix Appoints Kristen M. Anderson as Senior Vice President of Human Resources.FREMONT, Calif. -- Abgenix, Inc. (Nasdaq:ABGX) announced today the appointment of Kristen M. Anderson as Senior Vice President of Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. effective January 24. "Kristen brings over a decade of experience leading human resources departments and implementing a variety of personnel programs," said Bill Ringo, president and chief executive officer of Abgenix. "She joins Abgenix at an important juncture as the company moves closer to commercializing its lead product candidate, panitumumab. We are confident that Abgenix will greatly benefit from her extensive experience." Prior to joining Abgenix, Ms. Anderson served as Vice President of Human Resources at Applied Biosystems Applied Biosystems, Inc. (formerly NASDAQ: ABIO) is the original name of a pioneer biotechnology company founded in 1981 in Foster City, California, among the Silicon Valley cities of the southern San Francisco Bay Area. , a developer of innovative products and services for life science research, pharmaceutical research and development, diagnostics and agriculture. From 1997 until 2001, Ms. Anderson was Vice President, Human Resources and Communications for the Digital Linear Tape (storage) Digital Linear Tape - (DLT) A kind of magnetic tape drive originally developed by DEC and now marketed by Quantum. DLT drives implement the Digital Lempel Ziv 1 (DLZ1) compression algorithm in a combination of hardware and firmware. Group at Quantum Corporation, a diversified mass storage company with leadership positions in both fixed and removable storage markets. Prior to her work at Quantum, Ms. Anderson worked in Human Resources leadership positions at Motorola and Allied Signal. Ms. Anderson received her B.A. and completed her graduate coursework in Industrial Relations industrial relations pl.n. Relations between the management of an industrial enterprise and its employees. industrial relations Noun, pl the relations between management and workers and Organizational Psychology from the University of Minnesota (body, education) University of Minnesota - The home of Gopher. http://umn.edu/. Address: Minneapolis, Minnesota, USA. . About Abgenix Abgenix is a biopharmaceutical company focused on the discovery, development and manufacturing of human therapeutic antibodies. The company's antibody development platform includes a leading technology and state-of-the-art manufacturing capabilities that enable the rapid generation, selection and production of high affinity, fully human antibody product candidates to a variety of disease targets. Abgenix leverages its leadership position in human antibody technology to build a diversified product portfolio through the establishment of collaborations with multiple pharmaceutical and biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. . For more information on Abgenix, visit the company's website at www.abgenix.com. This press release contains forward-looking statements about Abgenix's technologies, product development activities, collaborative arrangements, projected financial and operating results, and achievement of milestone or similar payments or other revenues. Such statements are subject to a number of uncertainties that could cause actual results to differmaterially from the statements made, including risks associated with the success of clinical trials, the progress of research and product development programs, product manufacturing, regulatory approval processes and meeting requirements for regulatory approval, competitive products and services, capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. and the extent and breadth of Abgenix's patent portfolio, and other factors set forth in Abgenix's public filings with the Securities and Exchange Commission, including the risks described in Abgenix's quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2004 and 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, 2003. Abgenix is providing this information as of the date of this press release and does not undertake any obligation to update any forward-looking statements. |
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