Board Change
March 01 2010 - 2:01AM
UK Regulatory
TIDMONG
RNS Number : 7512H
Oxford Nutrascience Group PLC
01 March 2010
1 March 2010
Oxford Nutrascience Group Plc
("Oxford Nutrascience" or the "Company")
Board changes
The Company announces that Marcelo Bravo, Non Executive Chairman of Oxford
Nutrascience is to become Executive Chairman with immediate effect. Marcelo
spent 16 years in R&D with The Procter & Gamble Company and subsequently spent
three years in corporate development with Boots (now Boots Alliance) and is also
an experienced entrepreneur.
The Company intends to appoint an
additional Non-Executive Director and an announcement will be made as and when
appropriate.
Nigel Theobald, Chief Executive, Oxford Nutrascience Group Plc commented:
"The Company is looking to work with a number of the major brand owners in
the Over the Counter and prescription pharmaceutical sectors. Marcelo has
considerable experience of these companies and we look forward to benefiting
from his increased contribution."
For further information
Oxford Nutrascience Group Plc +44 1865
854874
Nigel Theobald (Chief Executive Officer)
Mark Way (Investor and Media relations) +44 7786 116991
ZAI Corporate Finance (Nominated Adviser) +44 20 7060 2220
David Newton
www.oxfordnutrascience.com
About Oxford Nutrascience Group Plc
· Oxford Nutrascience is a UK consumer healthcare company that develops
chewy confectionery, chewable tablets and liquid suspensions to allow medicines
and vitamin supplements to be taken in a more pleasant and convenient way.
· Oxford Nutrascience has developed technology for the use of prebiotic
soluble fibres in medicine delivery systems that disperse and solubilise
medicines, improve taste and mouth feel, simplify processing and eliminate
additives, incorporate prebiotic health benefits.
· Chews: Oxford Nutrascience currently produces Ellactiva , a calcium chewy
supplement sold in the UK and in the Middle East, and plans to launch new chews
to complement this existing product.
· Chewable tablets and liquid suspensions: The target market for Oxford
Nutrasciences' Chewitabs(TM) and liquid suspension delivery systems are
over-the-counter ("OTC") pain relieving drugs, indigestion preparations and
cough and cold medicines.
· Oxford Nutrascience's medicine development work is currently focused on
ibuprofen suspension and chewable allergy tablets incorporating loratadine.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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