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Tercica Announces the Appointment of Richard A. King as
Chief Operating Officer
BRISBANE, Calif.
Feb 28, 2007
Tercica, Inc. (Nasdaq:TRCA) today announced that
Richard A. King has been appointed as Chief Operating Officer. Mr.
King, 42, previously served as Executive Vice President, Commercial
Operations of Kos Pharmaceuticals, Inc. from 2002 to 2006, where
he was responsible for sales, marketing, managed care, sales operations
and customer service functions. Under his commercial leadership,
Kos realized revenue growth from $90 million in 2001 to approximately
$750 million in 2005. Kos attained profitability in 2003, and by
2006, when the company was acquired by Abbott Laboratories, Mr.
King had approximately 1,000 professional personnel reporting to
him.
Prior to his employment at Kos, from 2000 to 2002
Mr. King was Senior Vice President of Commercial Operations at Solvay
Pharmaceuticals,
and from 1992 to 2000, held various marketing positions at SmithKline
Beecham Pharmaceuticals. A native of the United Kingdom, Mr. King
began his career in the pharmaceutical industry at Lederle Laboratories,
Ltd. He holds a Bachelor of Science degree in Chemical Engineering
from the University of Surrey, and an MBA from Manchester Business
School.
"Richard's appointment reflects both the addition of an extraordinarily
accomplished commercial executive to the Tercica management team,
and the maturation of Tercica to a multi-product company with an
emerging leadership position in the endocrine marketplace," commented
Dr. John Scarlett, President and Chief Executive Officer of Tercica. About Tercica
Tercica is a biopharmaceutical company
committed to improving endocrine health by partnering with the endocrine
community to develop and
commercialize new therapeutics for short stature and other metabolic
disorders. For further information on Tercica, please visit www.tercica.com.
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