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Adherex Announces Corporate Update Research Triangle Park, NC

Key Takeaway: Adherex Announces Corporate Update Research Triangle Park, NC, August 15, 2013 - Adherex Technologies Inc. (TSX:AHX, OTC: ADHXF) announced today that David Lieberman has resigned from the Board of Directors. Rosty Raykov, CEO and a director of Adherex, will assume the role of

Full Press Release Details

Adherex Announces Corporate Update
Research Triangle Park, NC, August 15, 2013
- Adherex Technologies Inc. (TSX:AHX, OTC: ADHXF) announced today that David Lieberman has resigned from the Board of Directors.
Rosty Raykov, CEO and a director of Adherex, will assume the role of Chairman of the Board of Directors. Robert Andrade has resigned
as Chief Financial Officer and a director of the Company. Krysia Lynes, who has solid accounting background and has worked for
Adherex since July 2010, will assume the role of Chief Financial Officer on an interim basis.
the opportunity to serve on the board of Adherex during the past few years. However, for reasons unrelated to Adherex, I have decided
to resign from my position as a member of the board of directors. I wish Rosty and his team only the best for the future"
said David Lieberman. "My resignation is based solely on personal considerations. I wish Adherex success in improving the
lives of cancer patients", said Robert Andrade.
"Mr. Andrade and Mr. Lieberman have
been dedicated directors of our Company and we greatly appreciate their efforts and contributions. We continue to eagerly await
final data from Children Oncology Group Phase III study with STS later in the quarter." said Mr. Raykov.
For further information, please contact:
Chief Executive Officer
Adherex Technologies Inc.
Last updated: Aug 15, 2013