Beech Tree Labs Announces William J. Ryan’s Appointment to Board of Directors

Release Date: 
May 15, 2012

Providence, R.I.--(BUSINESS WIRE)--Beech Tree Labs, Inc. is pleased to announce the appointment of William J. Ryan to the Company’s Board of Directors. Mr. Ryan is retired as Chairman of the Board of TD Bank, N.A. Prior to joining the Bank in 1989, Mr. Ryan served as President of the Bank of New England North in Lowell, Massachusetts, and as Executive Vice President of Community Banking for the Bank of New England in Boston. Earlier in his career, he was President of BNE Baystate, a commercial bank subsidiary of the Bank of New England, and a Vice President of the Bank of New England.

In addition, Mr. Ryan has served as a Board Member of TD Bank Financial Group, Group Head, U.S. Personal and Commercial Banking, Vice Chair of TD Bank Financial Group, and President and Chief Executive Officer of TD Banknorth Inc. During this period, Mr. Ryan oversaw the growth of the bank from a small $2 Billion regional bank to a large $45 Billion U.S. franchise, as a result of 29 bank acquisitions. He is a Director of WellPoint, Inc., Chairman of the Board of Unum, serves as a Trustee of the Libra Foundation, and is Chairman of the U.S. Biathlon Foundation. He is also on the Board of Advisors at the University of New England and Emeriti Trustee of Colby College.

Beech Tree Labs is a privately held biopharmaceutical company, a leader in novel molecular signaling technology with an extensive patent portfolio that includes other potential therapeutics targeting a broad spectrum of chronic disorders. The Company specializes in discovery and early-stage development through Phase 2 clinical trials and out-licenses to larger pharmaceutical and biotech firms for continued evaluation and marketing. Beech Tree is currently conducting FDA-authorized clinical trials for urinary incontinence and recurrent oral herpes, with additional trials scheduled for later this year.

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