Chiron Appoints Jack Goldstein President and Chief Operating Officer; Gene Walther Appointed President of Chiron Blood Testing; Daniel Soland Appointed President of Chiron Vaccines.EMERYVILLE, Calif. -- Chiron Corporation Chiron Corporation was a multinational biotechnology firm based in Emeryville, California that was acquired by Novartis International AG on April 20 2006. It had offices and facilities in eighteen countries on five continents. (Nasdaq:CHIR CHIR Chiricahua National Monument (US National Park Service) ) today announced the appointment of Jack Goldstein, 57, to the position of president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Dr. Goldstein has served in this capacity on an interim basis since November 2004 and previously served as president of Chiron Blood Testing. As president and COO, Dr. Goldstein will continue to oversee Chiron's day-to-day business operations and report to 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. Howard Pien. Mr. Pien will continue to set the direction of the organization, leading the executive committee in establishing strategy and realizing objectives, as well as guide Chiron's remediation efforts for the company's Liverpool manufacturing facility, which produces FLUVIRIN(R) influenza virus vaccine influenza virus vaccine n. A vaccine containing influenza virus, usually several strains of the virus, prepared in chick embryos and used to immunize against influenza. . "Jack's operational expertise and strong management experience are an enormous asset as we work to leverage resources and increase efficiencies across the organization," said Mr. Pien. "These gains will add to our ability to provide products that fulfill our commitment to improving human health. I'm tremendously pleased that we have been able to call upon Jack to serve in this capacity." Chiron also announced the appointments of Gene Walther, 50, as president of Chiron Blood Testing, following his appointment as acting president of Chiron Blood Testing in November, and Daniel Soland, 46, as president of Chiron Vaccines. Mr. Walther was previously vice president for Chiron Blood Testing commercial operations, Americas. Mr. Soland, who brings more than two decades of pharmaceuticals and vaccines experience, succeeds John Lambert, who has resigned his position with Chiron. Both Mr. Walther and Mr. Soland will report to Dr. Goldstein. "Chiron is fortunate to be able to draw upon Gene's considerable organizational and industry knowledge to build on the successes of our Blood Testing business," said Dr. Goldstein. "Chiron has great prospects across all of its businesses, and I'm pleased to have the opportunity to work with Howard and the business unit heads toward further value creation for the company." "I have known Dan for more than a decade. His extensive vaccines experience and impressive record of management achievements will help advance Chiron Vaccines' mission to protect health worldwide," said Mr. Pien. "His leadership will prove an immediate asset as we continue our efforts on FLUVIRIN vaccine, and I look forward to working with him and Jack to accomplish the longer-term objectives of our vaccines business." Mr. Soland will begin his new role on February 28. Before joining Chiron, he served as president and CEO of Epigenesis epigenesis /epi·gen·e·sis/ (-jen´e-sis) the development of an organism from an undifferentiated cell, consisting in the successive formation and development of organs and parts that do not preexist in the fertilized egg. Pharmaceuticals, a privately held biopharmaceutical company developing inhaled respiratory medicines. Previously, he spent 10 years with GlaxoSmithKline and SmithKlineBeecham in roles of increasing responsibility related to vaccines products, including vice president and director of worldwide marketing operations for GlaxoSmithKline Biologicals. While leading SmithKlineBeecham's U.S. vaccines business unit, Mr. Soland also served as a member of the National Vaccine Advisory Committee (NVAC NVAC National Vaccine Advisory Committee NVAC National Visual Analytics Center (DHS) NVAC National Vendor Access Center (Sprint) NVAC National Veterans' Advisory Committee ), which advises the National Vaccine Program Office, part of the U.S. Department of Health and Human Services Noun 1. Department of Health and Human Services - the United States federal department that administers all federal programs dealing with health and welfare; created in 1979 Health and Human Services, HHS . In eight years with Connaught Laboratories, now part of Sanofi-Aventis/Sanofi Pasteur, Mr. Soland held leadership positions in vaccines product management and sales. Mr. Soland holds a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in pharmacy from the University of Iowa Not to be confused with Iowa State University. The first faculty offered instruction at the University in March 1855 to students in the Old Mechanics Building, situated where Seashore Hall is now. In September 1855, the student body numbered 124, of which, 41 were women. . About Chiron Chiron delivers innovative and valuable products to protect human health by advancing pioneering science across the landscape of biotechnology. The company works to deliver on the limitless promise of science and make a positive difference in people's lives. For more information, please visit www.chiron.com. This news release contains forward-looking statements, including statements regarding management effectiveness, execution on corporate strategy and remediation of the Liverpool FLUVIRIN(R) influenza virus vaccine manufacturing facility. These forward-looking statements involve risks and uncertainties and are subject to change. No assurances can be given that additional issues with respect to FLUVIRIN vaccine or Chiron's manufacturing generally will not arise in the future. Many factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including, among others, additional adverse developments resulting from actions taken by the UK Medicines and Healthcare Products Regulatory Agency The Medicines and Healthcare products Regulatory Agency (MHRA) is the UK government agency which is responsible for ensuring that medicines and medical devices work and are acceptably safe. , U.S. Food and Drug Administration, U.S. Department of Health and Human Services, or U.S. Centers for Disease Control and Prevention Centers for Disease Control and Prevention (CDC), agency of the U.S. Public Health Service since 1973, with headquarters in Atlanta; it was established in 1946 as the Communicable Disease Center. . In addition, a full discussion of the company's operations and financial condition, including factors that may affect its business and future prospects, is contained in documents the company has filed with the SEC, including the form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2004, and the 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, and will be contained in all subsequent periodic filings made with the SEC. These documents identify other important factors that could cause the company's actual performance to differ from the expectation expressed or implied by these forward-looking statements, including regulatory review and approvals, manufacturing capabilities, pricing pressures, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , and marketing effectiveness. In particular, there can be no assurance that Chiron will timely maintain anticipated levels of profitability, increase sales of existing products, successfully develop and receive approval to market new products, or achieve market acceptance for such new products. In addition, the company may engage in business opportunities, the successful completion of which are subject to certain risks, including regulatory approvals and the integration of operations. We do not undertake an obligation to update the forward-looking information we are giving today. NOTE: FLUVIRIN is a trademark of Chiron Corporation. |
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