VILLA GUARDIA (COMO), Italy, March 28, 2013 (GLOBE NEWSWIRE) -- Gentium S.p.A. (Nasdaq:GENT) (the "Company") announced today that Dr. Glenn Cooper has resigned from the Company's Board of Directors, effective March 27, 2013. Dr. Cooper joined the Company's Board of Directors in 2009 and served as an independent director, a member of the Audit Committee, and Chairman of the Compensation Committee.
The Company received Dr. Cooper's resignation on March 27, 2013 following a disagreement with other directors regarding Dr. Cooper's proposal to form a new committee that would be responsible for providing additional oversight regarding clinical and regulatory strategies for the approval of defibrotide. The majority of directors voting against the proposal felt that the same objectives could be carried out through the existing Scientific Oversight Committee.
Gentium S.p.A., located in Como, Italy, is a biopharmaceutical company focused on the development and manufacture of drugs to treat and prevent a variety of diseases and conditions, including vascular diseases related to cancer and cancer treatments. Defibrotide, the Company's lead product candidate, is an investigational drug that has been granted Orphan Drug status by the U.S. FDA and Orphan Medicinal Product Designation by the European Commission both to treat and to prevent VOD and Fast Track Designation by the U.S. FDA to treat VOD.
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