Morria Biopharmaceuticals Plc Announces Appointment of Dr. Rosemary Mazanet as Interim Chief Executive Officer


LONDON, September 18 /PRNewswire/ --

Morria Biopharmaceuticals Plc, a private biopharmaceutical company
focusing on first-in-class novel, non-steroidal anti-inflammatory drugs,
announced today that it has appointed Rosemary Mazanet M.D., Ph.D. as its
interim Chief Executive Officer. Dr. Mazanet has significant experience in
both executive and operational management in the biopharmaceutical industry.

Dr. Mazanet serves on the Board of numerous private and public
pharmaceutical companies. From June 1998 to February 2004, Dr. Mazanet served
as Chief Scientific Officer and a General Partner of Oracle Partners, L.P., a
healthcare investment firm. As Senior Director of Clinical Research at Amgen
in the early and mid 1990s, she was responsible for the submission of
corporate INDs, the registration strategy and conduct of Phase I, II and III
clinical trials. Dr. Mazanet also serves as an independent director at GTx,
Inc. (Nasdaq: GTXI) and is a trustee at the University of Pennsylvania,
School of Medicine where she received her M.D. and Ph.D. Dr. Mazanet was
trained as an oncologist in the Harvard Medical System where she was also a
faculty member.

Dr. Mazanet commented, "I am very excited to be involved with Morria and
the development of their platform of therapeutic compounds addressing
significant unmet medical needs in inflammation," said Dr. Mazanet. "We
believe this new family of Multifunctional Anti-Inflammatory Drugs (MFAIDS)
could bring significant benefits to patients with many different inflammatory
conditions including skin, respiratory and gastrointestinal indications."

"Dr. Mazanet has a strong track record in operations, finance and
regulatory affairs. We are very fortunate to have attracted the caliber of
management as strong as Dr. Mazanet as Morria enters a new stage in its
clinical development," said Mark Cohen, Chairman of the Board of Morria.

ABOUT MORRIA BIOPHARMACEUTICALS Plc

Morria Biopharmaceuticals Plc is a biopharmaceutical company focusing on
the development of novel anti-inflammatory pharmaceuticals termed
Multi-Functional Anti-Inflammatory Drugs (MFAID). Morria is determined to
become a pivotal player in the anti-inflammatory drug market through the
introduction of novel drugs for the treatment of a variety of acute and
chronic inflammatory conditions including skin, pulmonary and
gastro-intestinal inflammatory diseases. For more information please visit
http://www.morria.com.

This is not an invitation nor is it an offer to purchase or subscribe for
shares. This release is only intended for persons falling within the
exception set out in regulation 47 of the Financial Promotion order --
Persons in the business of disseminating information.

CONTACT:
    Richard Lewis Communications, Inc.
    Life Sciences Group
    New York, NY
    Meghan Feeks
    +1-212-827-0020
    mfeeks@rlcinc.com

Web site: http://www.morria.com

© PR Newswire Association LLC.

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