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Corvas Restructures Management Team.


SAN DIEGO--(BUSINESS WIRE)--July 9, 1996--Corvas International, Inc. (NNM NNM Network Node Manager
NNM NASDAQ National Market (financial)
NNM National Nutrition Month (March; American Dietetic Association)
NNM Naryan-Mar (Russia)
NNM Net New Money
:CVAS CVAS Controlled Vehicle Access System
CVAS Configuration Verification Accounting System (NASA) 
) announced today that 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.
 and executive vice president, Donald H. Picker, Ph.D. has left the company. For now, the remaining vice presidents will report directly to the newly appointed chief executive officer, Randall E. Woods.

Corvas International, Inc. is a biopharmaceutical company engaged in the design and development of a new generation of therapeutic agents for the prevention and treatment of major cardiovascular and inflammatory diseases. Corvas is currently collaborating with Schering-Plough Corp. in the development of oral thrombin inhibitors for chronic cardiovascular disease, with Pfizer Inc. to develop neutrophil neutrophil /neu·tro·phil/ (noo´tro-fil)
1. a granular leukocyte having a nucleus with three to five lobes connected by threads of chromatin, and cytoplasm containing very fine granules; cf. heterophil.

2.
 inhibitory factor (NIF NIF

See: Note issuance facility
) as a possible stroke therapy, and has product licensing agreements with Ortho Diagnostic Systems Inc. (a Johnson & Johnson company) and Centocor Inc. -0-

Note to Editors: For background information on Corvas' technology and product development programs, please contact Angela Hartley, Director, Investor Relations, at Corvas, at 619/455-9800. For information on Corvas International, Inc. via facsimile at no cost, call 1-800-PRO-INFO and enter ticker symbol CVAS.

CONTACT: John E. Crawford, 619/455-9800

Angela Hartley, 619/455-9800

angela_hartley@corvas.com
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 9, 1996
Words:187
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