01.05.2008 21:00:00
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Neil Jones to Step Down as Noven's Vice President of Marketing & Sales
Noven Pharmaceuticals, Inc. (NASDAQ:NOVN) today announced that its Vice
President of Marketing & Sales, W. Neil Jones, has indicated that he
plans to leave the company in order to pursue other interests. Jones
will remain with Noven for a transition period through the end of May
2008. Noven is working with a national executive recruiting firm to
identify Jones’s successor.
"We thank Neil for his many contributions to
Noven, and wish him well in his future endeavors,”
said Jeffrey F. Eisenberg, Executive Vice President of Noven and
President of Novogyne Pharmaceuticals, Noven’s
joint venture with Novartis Pharmaceuticals Corporation. "During
his 11-year tenure at Noven, he helped establish a highly-effective and
efficient marketing and sales organization, with core competencies that
are serving us well as we build our specialty pharmaceutical business.”
In connection with his decision to leave the organization, Noven
recognized Jones with a career achievement award for his service.
"I am proud to have played a role in building
an outstanding marketing and sales team,” said
Jones, "and I believe the team is well
positioned to continue to help Noven advance its growth strategy.” About Noven
Noven Pharmaceuticals, Inc. is a specialty pharmaceutical company
engaged in the research, development, manufacture, marketing and sale of
prescription pharmaceutical products. Noven’s
business and operations are focused in three principal areas –
transdermal drug delivery, the Novogyne joint venture, and its Noven
Therapeutics specialty pharmaceutical unit.
Safe Harbor Statement under the Private Litigation Reform Act of 1995 Except for historical information contained herein, the matters
discussed in this press release contain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 that involve
substantial risks and uncertainties. Statements that are not
historical facts, including statements that are preceded by, followed
by, or that include, the words "believes,” "anticipates,” "plans,” "expects” or
similar expressions and statements are forward-looking statements. Noven’s
estimated or anticipated future results, product performance or other
non-historical facts are forward-looking and reflect Noven’s
current perspective on existing trends and information. Actual
results, performance or achievements could differ materially from those
contemplated, expressed or implied by the forward-looking statements
contained herein. These forward-looking statements are based largely on
the current expectations of Noven and are subject to a number of risks
and uncertainties that are subject to change based on factors that are,
in many instances, beyond Noven's control. These forward-looking statements include the risk that, for any
number of reasons, Noven may not achieve its longer-term growth
objectives and other goals. For additional information regarding these
and other risks associated with Noven’s
business, readers should refer to Noven’s
Annual Report on Form 10-K as well as other reports filed from time to
time with the Securities and Exchange Commission. Unless required by
law, Noven undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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