Arch Biopartners Inc.

CNSX : ACH
OTCBB : FOIFF


Arch Biopartners Inc.

August 21, 2014 08:20 ET

Arch Biopartners Appoints Adrian Haigh to Board of Directors

TORONTO, ONTARIO--(Marketwired - Aug. 21, 2014) - Arch Biopartners Inc ("Arch" or the "Company) (CSE:ACH)(OTCBB:FOIFF) announced today the board has appointed Adrian Haigh as an interim director.

Mr. Haigh is currently Senior Vice President, Commercial Operations and Chief Operating Officer of Gentium GmbH. He built and managed the company's commercial and medical affairs organization and was also responsible for business development, playing a pivotal role in the sale of Gentium to Jazz Pharma for $1 billion in December, 2013.

Prior to joining Gentium, Mr. Haigh served as Regional Vice President, Commercial Operations at Biogen Idec where he managed several affiliates and also the global distributor business. From 2002 to 2007 he held leadership positions at Amgen, including General Manager of Portugal and Scandinavia and Head of the $1.5b International Oncology Franchise. His career also includes management positions with SmithKline Beecham, Schering-Plough, Organon and Novo-Nordisk. He also serves on the board of Adherex Technologies.

About Arch Biopartners

Arch Biopartners is a portfolio based biotechnology company established to develop new products and technology for sale to pharmaceutical and industrial companies. The Company's lead technology is in the area of targeting brain tumor initiating cells for the purpose of developing new imaging, diagnostic and therapeutic treatments for malignant glioma. The Company's website address is: www.archbiopartners.com .

For more information on the Company, please consult the other public documents filed on SEDAR at www.sedar.com .

Forward-Looking Statements

All statements, other than statements of historical fact, in this news release are forward looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the future plans and objectives of the Company. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

The CSE has not reviewed and does not accept responsibility for the adequacy of this release.

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