SOURCE: OncBioMune Pharmaceuticals, Inc.

December 03, 2015 00:00 ET

OncBioMune Pharmaceuticals Appoints Charles L. Rice, Jr. to Board of Directors

BATON ROUGE, LA--(Marketwired - December 03, 2015) - OncBioMune Pharmaceuticals, Inc. (OTCQB: OBMP) ("OncBioMune" or the "Company"), a clinical stage biopharmaceutical company engaged in the development of novel cancer products and a proprietary vaccine technology, is pleased to announce the appointment of Charles L. Rice, Jr. to the Company's Board of Directors. Since June 2010, Mr. Rice has served as President and Chief Executive Officer of Entergy New Orleans, Inc., an $800 million a year electric and gas utility and subsidiary of NYSE-listed Entergy Corporation.

"We are thrilled to welcome Charles to our Board of Directors, as he brings a wealth of operational, financial and legal experience to our team," commented Dr. Jonathan Head, Chief Executive Officer at OncBioMune. "Mr. Rice has a distinguished track record as an extraordinary leader and an impressive skill set to manage projects ahead of schedule and under budget. We are confident that his comprehensive regulatory background and extensive professional network will prove extremely valuable to OncBioMune."

"I am excited about the opportunity to work more closely with OncBioMune and contribute to the Company's goal of commercializing new vaccines and therapeutics for deadly diseases, such as prostate and breast cancer," said Mr. Rice. "Dr. Head and Dr. Elliott, Chief Medical Officer at OncBioMune, are highly respected as oncology thought leaders with a relentless commitment to bring new options to patients and families in great need. I am very pleased to serve on the OncBioMune board beside them."

After his first legal private practice position in Louisiana with Jones, Walker, Waechter, Poitevent, Carrere & Denegre, L.L.P, Rice joined Entergy in the legal department in 2000, serving as senior counsel in the Entergy Services, Inc. litigation group and then as manager of labor relations litigation support in human resources.

Rice was recruited into New Orleans city government in 2002 as the city attorney and later took the critical role of chief administrative officer for the City of New Orleans, where he managed 6,000 employees and the city's $600 million budget. In 2005, the law firm of Barrasso, Usdin, Kupperman, Freeman & Sarver, L.L.C. recruited him back to private practice, where he was named partner.

Returning to Entergy in 2009, Rice served as director of utility strategy where he was responsible for coordinating regulatory, legislative, and communications efforts to develop and execute strategies that advanced commercial objectives for the company's regulated service areas. He then served as director of regulatory affairs for Entergy New Orleans.

Rice holds a bachelor's degree in business administration from Howard University, a juris doctorate from Loyola University's School of Law and master's degree in business administration from Tulane University. After graduating from Howard University, he was commissioned as a second lieutenant in the United States Army and served as a military intelligence officer with the 101st Airborne Division (Air Assault) at Fort Campbell, KY. While in the Army, he earned the Airborne Badge, Air Assault badge and was awarded the Army Commendation and the Army Achievement medals.

He is a member of the Alabama and Louisiana State Bar Associations, the American Bar Association, the New Orleans Bar Association, and the National Bar Association.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in this offering, nor there be any sale of these securities in any jurisdiction in which such offer solicitation or sale are unlawful prior to registration or qualification under securities laws of any such jurisdiction.

About OncBioMune Pharmaceuticals, Inc.

OncBioMune Pharmaceuticals is a clinical-stage biopharmaceutical company engaged in the development of novel cancer immunotherapy products, with a proprietary Vaccine Technology that is designed to stimulate the immune system to attack its own cancer while not hurting the patient. Our lead product, ProscaVax™ is scheduled to commence a Phase 2 clinical study in early 2016. OncBioMune also has a portfolio of targeted therapies, some of which are biosimilars to blockbuster drugs. OncBioMune is headquartered in Baton Rouge, LA.

Contact Information

  • Contact:
    INVESTOR AND MEDIA CONTACT:
    OncBioMune Pharmaceuticals
    Andrew Kucharchuk
    President and Chief Financial Officer
    Akucharchuk@oncbiomune.com