CASI Pharmaceuticals, Inc. (Nasdaq: CASI), a biopharmaceutical company dedicated to the development and delivery of high quality, cost-effective pharmaceutical products and innovative therapeutics to patients in the U.S., China and throughout the world, announces the appointment of George Chi to the position of Chief Financial Officer.
Dr. Wei-Wu He, Executive Chairman of CASI Pharmaceuticals, commented, "I'm very pleased to announce George's appointment and welcome him to CASI. George joins us at an opportune time as our company prepares for the marketing and sales of our first oncology product in China. He will be integral to help transition the Company's financial operations to commercial stage as we launch EVOMELA® and other additional products from our pipeline."
Dr. He continued, "George had been the key accountable person responsible for financial controls and regulatory filings in global companies with multiple divisions commercializing products in many countries including the U.S. and China. George's extensive financial knowledge, professional acumen, and broad network throughout the U.S. and China makes him a vital addition to the team. I look forward to his strategic insight and future contributions as we continue to grow our company with development, manufacturing and commercialization capabilities."
Mr. Chi most recently served as Vice President of Finance at Flavors Holdings Inc., a wholly-owned subsidiary of MacAndrews & Forbes Incorporated and the parent entity of Merisant Company and Mafco Worldwide Corporation. Mr. Chi led the global accounting function, including financial reporting, planning, treasury, investor relations, and tax and auditing with management responsibility for global sales in 90 countries. Prior to joining Flavor Holdings, he was Chief Financial Officer at BPL Plasma, a subsidiary of UK-based Bio Products Laboratory, a global leader in the plasma collection industry. Previously, George served as finance director at Unilever. Mr. Chi earned a bachelor's degree in engineering from Tsinghua University, Beijing, and an M.B.A in finance and operations from the Yale School of Management. Mr. Chi is a CFA charterholder and a Certified Public Accountant (CPA).
Mr. Chi commented, "CASI has built an impressive platform and global business strategy with the ultimate goal of bringing innovative and much-needed medicines to market. I am thrilled to join the leadership team at what I believe is a pivotal stage in the Company's growth. CASI is poised to become a multi-national commercial company with potential to make significant impact. I look forward to working closely with CASI's management team and to contribute to CASI's future success."
About CASI Pharmaceuticals, Inc.
CASI Pharmaceuticals (NASDAQ: CASI) is a U.S.-based biopharmaceutical company dedicated to the development and delivery of high quality, cost-effective pharmaceutical products and innovative therapeutics to patients in the U.S., China and throughout the world. CASI's product pipeline features three U.S. Food and Drug Administration (FDA)-approved drugs in-licensed from Spectrum Pharmaceuticals, Inc. for China regional rights. These are currently in various stages in the regulatory process for market approval in China. The Company also acquired a portfolio of 25 FDA-approved abbreviated new drug applications (ANDAs), and four pipeline ANDAs that are pending FDA approval. CASI is headquartered in Rockville, Maryland and has a wholly owned subsidiary and R&D operations in Beijing, China. More information on CASI is available at www.casipharmaceuticals.com.
