11/8/2013, 10:06 AM (Source: GlobeNewswire)

Activaero GmbH / ACTIVAERO ERNENNT DR. ULRICH DAUER ZUM CHIEF STRATEGY OFFICER . Ad hoc announcement according to § 15 WpHG. Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Gemuenden/Wohra, Germany, November 08, 2013

Through his previous position as founding member and CEO of the discovery and development company 4SC AG since 2000, Dr Dauer is a well-known executive in the healthcare industry as well as in the financial community. Following the listing of 4SC in the Prime Standard of the Frankfurt Stock Exchange in 2005, he has designed and established the Company's growth strategy based on collaboration and licensing partnerships with international pharmaceutical and biotech companies and fund raisings via capital markets with a combined volume of EUR 150 million. Dr. Dauer received his PhD from the Institute of Organic Chemistry at the University of Wuerzburg.

"As Activaero is facing a variety of strategic options with the fast progress we are making in our programs, we are warmly welcoming Ulrich with his experienced leadership personality", commented Dr. Gerhard Scheuch, Founder and Chief Executive Officer of Activaero GmbH. "In his previous position, he successfully demonstrated that he can lead a company through a period of accelerated growth, providing access to capital markets and always focusing on a well-balanced risk-reward ratio. Furthermore, his international network in industry and finance is of great value to us."

"Activaero is currently one of the most exciting life sciences companies", said Dr. Ulrich Dauer, Chief Strategy Officer of Activaero GmbH. "The Company's proprietary inhalation approach addresses a high medical need in the growing market of respiratory diseases. Since the Company's innovative therapies are based on highly efficacious but therapeutically not fully exploited drugs without the digital risk of novel drug development, the equity story is highly attractive for today's investors. I am excited to become part of the team at a pivotal phase of the company's development and make my contribution to Activaero's further progress."

About Activaero
Activaero is a therapeutic area specialist developing new, pharmacoeconomically meaningful treatment solutions for patients suffering from severe respiratory diseases, including Asthma, Chronic Obstructive Pulmonary Disease (COPD), Cystic Fibrosis (CF), Idiopathic Pulmonary Fibrosis (IPF) and Pulmonary Hypertension. Activaero was founded in 1998 in Germany and is a privately held company with offices in Germany near Frankfurt and Munich as well as in Dublin, Ohio (USA).

Contact us:

Activaero GmbH Media Contact
Dr. Gerhard Scheuch
Chief Executive Officer
t: +49-6453-64818-16
Anne Hennecke
MC Services AG
t: +49-211-529252-22

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Activaero GmbH via Thomson Reuters ONE


--- End of Message ---

Activaero GmbH
Wohraer Straße 37 Gemuenden/Wohra Germany

Copyright GlobeNewswire, Inc. 2016. All rights reserved.
You can register yourself on the website to receive press releases directly via e-mail to your own e-mail account.