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Asterand plc Board Appointment.


DETROIT -- Asterand plc (LSE LSE - Language Sensitive Editor :ATD ATD Anthropomorphic Test Dummy
ATD Attention to Detail
ATD Advanced Technology Demonstration
AtD Achieving the Dream
ATD Atmospheric Technology Division (US National Center for Atmospheric Research)
ATD Assistant Technical Director
), a leading provider of human tissue and services to pharmaceutical companies engaged in drug discovery research, announces the appointment of John Stchur to the Asterand Board as an Executive Director. Mr. Stchur will continue as Chief Financial Officer of Asterand plc.

Jack Davis, Chairman of Asterand plc, commented:

"I'm pleased to welcome John to the Board. His leadership and exceptional management of the Company's finances have been key factors in our growth. John is a talented business leader with extensive knowledge of Asterand's markets and operations. I am confident that John's contribution will be invaluable as we continue to pursue our strategic objectives of sustained profitability and future growth."

Mr. Stchur joined Asterand Inc. in 2002 and led the Company through two rounds of venture funding and listing on the London Stock Exchange London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
 by means of a reverse merger (with Pharmagene plc) to form Asterand plc in January 2006. He was appointed Chief Financial Officer and Corporate Secretary of the new Group in 2007. Prior to joining Asterand, Mr. Stchur served as Vice President of Finance for Big Net Holdings, a telecommunications company and as an auditor for PricewaterhouseCoopers L.L.P. Mr. Stchur is a certified public accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 with a degree in Business Management from the University of Maryland University of Maryland can refer to:
  • University of Maryland, College Park, a research-extensive and flagship university; when the term "University of Maryland" is used without any qualification, it generally refers to this school
 and a Master's of Science Degree in Accounting from Walsh College.

Director disclosures:

There is no further information required to be disclosed under Rule 9.6.13R of the Listing Rules of the Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh. .

Notes to Editors

Asterand is a leading supplier of high quality human tissue and tissue-based services. Our comprehensive approach to human tissue and research services offers pharmaceutical, biotech and diagnostic companies the unique opportunity to have one company meet all of their human biomaterial biomaterial /bio·ma·te·ri·al/ (bi?o-mah-ter´e-al) a synthetic dressing with selective barrier properties, used in the treatment of burns; it consists of a liquid solvent (polyethylene glycol-400) and a powdered polymer.  needs along the continuum of drug discovery and development. Our mission is to accelerate target discovery and compound validation and enable pharmaceutical and biotechnology companies to take safer and more effective drugs into the clinic.
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Publication:Business Wire
Date:Jan 5, 2009
Words:330
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