PROTEIN
POLYMER TECHNOLOGIES ANNOUNCES THE APPOINTMENT OF STEPHEN
REITZLER AS VICE PRESIDENT OF CLINICAL AND REGULATORY
AFFAIRS
SAN DIEGO, October 3 -- Protein Polymer
Technologies, Inc. (OTC Bulletin Board: PPTI) a biotechnology
device company that is a pioneer in protein design and
synthesis, announced today the addition of Stephen Reitzler
as Vice President, Clinical
and Regulatory Affairs, effective October 3, 2005. Reitzler's
responsibilities
will include strategic and executional oversight for
all U.S. clinical
and regulatory matters, including filings and interaction
with regulatory
authorities.
Reitzler joins PPTI with more than twenty-five years of experience in the strategic
management of regulatory, compliance and clinical research. Prior to joining
the company, Mr. Reitzler served as V.P. Regulatory Affairs and Quality
Assurance for INNERCOOL therapies and previously was V.P. Regulatory Affairs
and Quality Assurance for NuVasive Incorporated. He has broad experience
in both
510 (k) and PMA applications, and ISO/FDA GMP audits.
"Stephen brings exceptional clinical and regulatory expertise to PPTI and
we
welcome him to our executive team," said William N. Plamondon III, PPTI's
Chief
Executive Officer. "His impressive background will prove to be extremely
valuable and further strengthen our leadership in clinical and regulatory affairs
as we advance toward the important product development milestones that
we have set for the company."
Mr. Reitzler played an important
role at United States Surgical Corporation,
a
highly successful medical device company that took a creative and cutting edge
approach to the Food and Drug Administration process. He also
helped
start a highly successful and large consulting practice in San Diego,
Advanced
Bioresearch Associates, where he was head of regulatory affairs and
worked on
a variety of projects such as an implantable heart, an artificial liver
and
a chemotherapy drug.
"I am excited to join PPTI at this point in its transformation and am confident
that my experience can add value as we go forward and execute our development
and commercialization strategies," commented Mr. Reitzler. "I
am impressed by the current product pipeline and the value that it will provide."
Contacts
J. Thomas Parmeter, Ph.D.
Chairman
Protein Polymer Technologies, Inc.
(858) 558-6064
info@ppti.com |
Erin Davis
Director of Communications and Investor Relations
Protein Polymer Technologies, Inc.
(858) 558-6064 x 120
edavis@ppti.com
|
About
Protein Polmer Technologies
Protein Polymer Technologies,
Inc., is a biotechnology company that discovers
and develops innovative therapeutic devices to improve medical and surgical
outcomes. The Company
focuses on developing technology and products to be
used for soft tissue
augmentation, tissue adhesives and sealants, wound
healing support
and drug delivery
devices. Protein Polymer Technologies' proprietary
protein-based biomaterials
are uniquely tailored to optimize clinical performance
and contain
no human or animal components that could potentially
transmit or cause
disease. The company is headquartered in San Diego,
California. For additional
information about the company, please visit http://www.ppti.comhttp://www.ppti.com.
To date, PPTI has been issued
twenty-six U.S. Patents on its core technology with
corresponding
issued and pending patents in key international markets.
Safe Harbo
This press release contains forward-looking statements
that are based on management’s views and expectations.
Actual results could differ materially from those expressed
here; further, the Company is not obligated to comment
specifically on those differences. Risks associated with
the Company’s activities include raising adequate
capital to continue operations scientific and product
development uncertainties, competitive products and approaches,
continuing collaborative partnership interest and funding,
regulatory testing and approvals, and manufacturing scale
up. The reader is encouraged to refer to the Company’s
2004
Annual Report Form 10-KSB, and 10KSB/A and other
recent filings with the Securities and Exchange Commission,
copies of
which are available from the Company, to further ascertain
the risks associated with the above statements.