Esteemed Scientist Joins Arrowhead Scientific Advisory Board
PASADENA, California – (BUSINESS WIRE) – Aug. 16, 2005 – Arrowhead Research Corporation (NASDAQ:ARWR) announced today that Dr. Thomas A. Tombrello has agreed to join its Scientific Advisory Board. Dr. Tombrello is the Chairman of the Division of Physics, Mathematics, and Astronomy at the California Institute of Technology and is the William R. Kenan, Jr. Professor of Physics. He has served as Caltech's Technology Assessment Officer since 1996. In this role, Dr. Tombrello is responsible for identifying and evaluating new and promising technologies for the Institute. From 1987 to 1989, Dr. Tombrello was Vice President and Director of Research at Schlumberger-Doll Research.
"We are delighted to have Tom as the newest member of our Scientific Advisory Board," said R. Bruce Stewart, Arrowhead's President. "His technical expertise and business savvy will be extremely valuable in guiding our investment decisions. Additionally, his associates in academia and industry could be a great resource for Arrowhead and its subsidiaries."
Among his other honors, Dr. Tombrello is a fellow of the American Physical Society. His research has primarily focused on applications of nuclear and ion beam physics to problems in materials science, geochemistry, and technology.
About Arrowhead Research Corporation
Arrowhead Research Corporation (www.arrowheadresearch.com) is a publicly-traded nanotechnology company commercializing new technologies in the areas of life sciences, electronics, and energy. Arrowhead is building value for shareholders through the progress of majority owned subsidiaries founded on nanotechnologies originally developed at universities. The company works closely with universities to source early stage deals and to generate rights to intellectual property covering promising new nanotechnologies. Currently, Arrowhead has four subsidiaries commercializing nanotech products and applications, including anti-cancer drugs, RNAi therapeutics, carbon-based electronics and compound semiconductor materials.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slowdown affecting technology companies, the future success of our scientific studies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K and 10-K/A, recent and forthcoming Quarterly Reports on Form 10-Q and 10-Q/A, recent Current Reports on Forms 8-K and 8-K/A, our Registration Statement on Form S-3, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
Contacts
R. Bruce Stewart, President
Telephone: 626.792.5549
Email: bruce@arrowres.com