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Clark Johnson Appointed Neurologix President and CEO PDF Print E-mail
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Friday, 12 March 2010 12:56

Neurologix, Inc. (OTCBB:NRGX), a biotechnology company engaged in the development of innovative therapies for the brain and central nervous system, today announced that Clark A. Johnson, the Vice Chairman of Neurologix (the “Company”), has been appointed as the Company’s President and Chief Executive Officer to replace John E. Mordock, who resigned.

Mr. Johnson was a founder of the Company and has served on its Board of Directors since the Company’s inception. Mr. Johnson was Chairman of PSS World Medical, Inc. from 2000 to 2007, during that period of its greatest growth in sales and income. He retired as Chairman and Chief Executive Officer of Pier I Imports in 1998 after 13 years heading that company.

Neurologix recently announced completion of all planned surgeries in its Phase 2 clinical trial of the Company's gene transfer approach to the treatment of advanced Parkinson's disease and expects to announce initial efficacy results from such trial in the middle of this year.

Dr. Martin J. Kaplitt, the Company’s Chairman, said that “the Board appreciates John’s years of dedication and service to Neurologix and we wish him well in his future endeavors. Moving forward, the Board is confident that Clark’s significant management background and expertise, combined with his in-depth knowledge of Neurologix, will serve as a great benefit to the Company as it gears up for a Phase 3 pivotal trial.”

About Neurologix

Neurologix, Inc. is a clinical-stage biotechnology company dedicated to the discovery, development, and commercialization of life-altering gene transfer therapies for serious disorders of the brain and central nervous system. Neurologix's therapeutic approach is built upon the groundbreaking research of its scientific founders and advisors, whose accomplishments have formed the foundation of gene therapy for neurological illnesses. The Company's current programs address such conditions as Parkinson's disease, epilepsy and Huntington's disease, all of which are large markets not adequately served by current therapeutic options. For more information, please visit the Neurologix website at http://www.neurologix.net.

 
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