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Nymox Pharmaceutical Corporation (NASDAQ:NYMX) (the "Company") is pleased to announce the appointment of Christopher R. Riley as Chief Financial Officer (CFO) of Nymox. Mr. Riley is a globally experienced executive and entrepreneur with many notable successes and has held major positions in large well known corporations. He was CFO for Frito-Lay Australia where he was in charge of the snack food division, and during his tenure he was key executive responsible for the re-engineering of its distribution system. Mr. Riley served as CEO of PepsiCo Australia, where during his tenure revenue increased from $185MM to $265MM and market share increased by 12% within his first year. Mr. Riley has a BSc and received his MSc from Cranfield University (UK).
Dr. Paul Averback, President & CEO of Nymox stated, "We are extremely pleased to welcome Chris as part of our management team. He has experience with small as well as large companies, has a science background, and he is very familiar with Nymox's structure and the Company's potential. Chris is a seasoned pro with the kind of real world business experience and qualifications that make him very much the CFO that our shareholders expect for this important position moving forward with Nymox."
About NYMOZARFEX (TM) (Fexapotide)
Nymox has recently submitted its Market Approval Application (MAA) for the treatment of benign prostatic hyperplasia, prostate enlargement (BPH), in middle aged and elderly men, one of the most common disorders in the world. Better treatments for BPH are an unmet medical need and Nymox's NYMOZARFEX (TM) is a first-in-class treatment with long-term benefits and none of the intolerable or very annoying side effects of conventional pills and surgery. The MAA was accepted for review by the authorities in Denmark and is currently being reviewed.
Nymox expects to announce further submissions in the near future and will report on news at the appropriate times.
Posted In: NYMX
