Redx makes new Director Appointment

Redx, the drug discovery and development company, is pleased to announce the appointment of David Lawrence as Non-Executive Director. David succeeds Derek Lindsay, who is stepping down from the Board, with both changes taking immediate effect. Derek will remain with the Company as Chief Operating Officer.

David, aged 53, has over 25 years’ experience in the biotech and pharmaceutical industries. He has a strong track record in strategy, business development and commercial management, including working with a number of investors, biotech start-ups and SMEs.

David is currently a Non-Executive Director at Synpromics Ltd, a synthetic biology company that he co-founded. Additionally he acts as an adviser in the technology sector. In 2014-2015 he was CEO of Sentintext Therapeutics, a biotech focussed on the development of vaccines for enterviruses. He was also a director of QSpine Limited, which designs, manufactures and distributes surgical spine medical devices.

Between 2010-2014, he was Chairman of Ambicare Health Limited, where he oversaw the company’s progression from R&D into revenue generation. Before that, as CEO of Tayside Flow Technologies Ltd (“Tayside”), he led Tayside’s strategic and commercial transformation into a revenue generating company.

David also worked at a number of major pharmaceutical companies, including Chiron Vaccines, now part of Novartis, Acambis plc, now part of Sanofi, where he was CFO, and he spent the first 13 years of his career at GlaxoSmithKline, latterly as Vice President of R&D Financial Management.

Neil Murray, Chief Executive of Redx, commented:

“We are delighted to announce the appointment of David as Non-Executive Director and would like to welcome him to the Board. We are confident that his extensive commercial and financial experience in the biotech and pharmaceutical industries will benefit Redx.

The Board would also like to place on record its thanks to Derek Lindsay, who as co-founder has made an enormous contribution to the Company and to the Board. We look forward to continuing to work with Derek in his role as COO.”

Important information

This information is of a general nature and does not constitute an offer to provide services.

The opinions and conclusions given here are those of Seneca Partners and are subject to change without notice.

The value of investments and/or any income arising from them may fluctuate.

Past performance is not necessarily a guide to future performance.

Important notice

The products and services shown on this website place capital at risk. Investors may receive less in returns than they have invested. Investments may not allow for capital to be withdrawn on demand. If an investment provides tax relief then this relief is subject to change and is dependant on personal circumstances. Any reference to past performance or forecasted performance is not a reliable indicator of future performance.

Seneca Partners recommends that any investor seeks specialised financial and/or tax advice before investing. Seneca Partners does not provide advice and the information on this website, including but not limited to news, should not be construed as such.

Please confirm that you understand this warning and wish to proceed.