Disphar International B.V. appoints new General Manager

17-Feb-2005

Disphar International BV announced the appointment of Mr. Luc Sterkman, MD, as General Manager.

He will succeed Mr. Peter Exler, the current General Manager and founder of Disphar, who will continue to serve Disphar in a non-executive role.

According to Mr. Exler "Disphar has obtained a strong position and broad expertise as developer of generic products. The company's strategy is to gain further momentum by developing new added-value formulations of marketed drugs, while maintaining its current position in the generics market. Mr. Sterkman brings to the company very valuable experience to accomplish this transition".

Luc Sterkman (42) holds a medical degree of the Amsterdam University and has extensive experience in management positions in the pharmaceutical, biotech and contract research industry. Most recently he was a member of the management team of OctoPlus International in the Netherlands.

Mr. Sterkman will assume his position as General Manager on 15 February 2005.

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