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Article: Amarin Announces Changes to Its Board and Management Team.
- Article from:
- Business Wire
- Article date:
- October 13, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUBLIN -- Amarin Corporation plc (NASDAQ:AMRN) today announced changes to its board and management team, in conjunction with its separately announced $70 million private placement.
Following the closing of the financing, Mr. Thomas Lynch, Chairman and Chief Executive Officer of Amarin, has decided he will step down as CEO and will continue as Chairman. Dr. Declan Doogan, Amarin's Head of Research and Development, has agreed to assume the role of Interim CEO.
Mr. Lynch, who has served as Amarin's Chairman since 2000, commented "I became CEO of Amarin two years ago in order to reposition the Company to take advantage of the multi-billion dollar ...