Phosphagenics Limited announced that its current Chairman and Non-Executive Director, Mr. Lawrence Gozlan, has decided to step down from the Board to focus on all his other business interests and commitments, which are significant and growing. The role of Interim Chairman will be taken by Mr. Peter Lankau who was recently
appointed to the Board. Mr. Lankau has considerable experience in the pain industry and is an ex-CEO of Endo Pharmaceuticals Inc. He has served on multiple boards.