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Market: AMEX
Sector: Pharmaceuticals & Biotechnology
EPIC: RNN
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Rexahn Pharmaceuticals
www.rexahn.com

Rexahn’s goal is to be a world-class biopharmaceutical company developing and delivering novel cures for cancer and disorders of the central nervous system (CNS) to patients worldwide. Leveraging a powerful, multi-faceted discovery engine consisting of small signaling molecule discovery, computational modeling and nanotechnology-based drug targeting and delivery, we believe that we are well on our way to achieving our goal.

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Rexahn Pharmaceuticals' CEO to become CSO; new CEO expected by September

8th Mar 2011, 8:58 am

Drug developer Rexahn Pharmaceuticals (NYSE Amex: RNN) said Monday that current CEO Dr. Chang Ahn has decided to become chief scientific officer of the company and relinquish his role as chief executive.

Dr. Ahn will, however, continue as chairman of Rexahn's board of directors. The company has already begun the search for a new CEO to succeed Dr. Ahn, with an appointment expected by the end of September this year. In the meantime, Dr. Ahn will serve as both CEO and CSO.
 
"Leading Rexahn as its CEO has been a tremendously exciting and gratifying experience, but as Rexahn continues its rapid development and transformation to a commercial biopharmaceutical enterprise, I feel now is the right time for a new CEO to take the reins and bring our Company to the next level," said Dr. Ahn.

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