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Stock impact report

Talphera Announces Reduction in Size of its Board of Directors from Ten to Seven Members [Yahoo! Finance]

Talphera, Inc. (TLPH) 
Company Research Source: Yahoo! Finance
development and commercialization of innovative therapies for use in medically supervised settings, today announced as part of its commitment to operating with best practices in corporate governance, its Board of Directors has decided to reduce the size of the Board from ten to seven directors. Three directors, Howard Rosen Richard Afable and Pamela Palmer have voluntarily agreed to resign from the Board of Directors, effective immediately. Dr. Palmer will continue in her current role of Chief Medical Officer and member of the executive leadership team, with a focus on successfully completing the Niyad™ registrational study later this year. Adrian Adams , Chairman of the Talphera Board, said, "Our decision to reduce the size of the Board reflects our commitment to operating consistent with best practices in corporate governance and to better align the Board's size and composition with Talphera's current strategy. We believe having a smaller Board will improve efficiency as we focus Show less Read more
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