Antares Pharma promotes current COO Bob Apple to CEO

– USA, NJ – Antares Pharma, Inc. (NASDAQ:ATRS) today announced that its Board of Directors has appointed Robert Apple to the position of President and Chief Executive Officer. Mr. Apple most recently served as the Company’s Executive Vice President and Chief Operating Officer. Mr. Apple succeeds Eamonn P. Hobbs whose employment with the Company ended on January 24, 2016. Mr. Hobbs also resigned as a member of the Board of Directors.

Dr. Leonard S. Jacob, Chairman of the Antares Board of Directors stated, “Bob has been an exceptional leader during his career at Antares and we are fortunate to have an individual in our succession plan that we believe can have an immediate positive impact on the Company.” Dr. Jacob continued, “On behalf of the Antares Board, I’d like to thank Eamonn for his many contributions, both as a Board member and then subsequently as the CEO, and wish him much success in his future endeavours.”

“I’m excited to assume the role of President and CEO at this important time in the Company’s history,” stated Bob Apple. “I believe that we are poised to deliver on several catalysts over the next 12 months including the mid-year launch of the sumatriptan auto injector, the filing of the QuickShot testosterone new drug application with the U.S. FDA, a potential approval and launch of the epinephrine auto injector and growth in our alliance business through additional collaborations.”

Mr. Apple joined the Company in February 2006 as the Senior Vice President and Chief Financial Officer, and was promoted to Executive Vice President, Chief Operating Officer in September 2014. Prior to joining Antares Pharma, Mr. Apple was employed by InKine Pharmaceutical Company, Inc. from 1997 to 2005 where he served initially as the Chief Financial Officer before his promotion to the role of Chief Operating and Financial Officer. Mr. Apple was previously employed by Arthur Anderson & Company LLP. and he is a Certified Public Accountant.

ABOUT ANTARES PHARMA

Antares Pharma focuses on self-administered parenteral pharmaceutical products. The Company’s product, OTREXUP™ (methotrexate) injection for subcutaneous use, is approved in the U.S. for the treatment of adults with severe active rheumatoid arthritis, children with active polyarticular juvenile idiopathic arthritis and adults with severe recalcitrant psoriasis. Antares Pharma is also developing QuickShot® Testosterone for testosterone replacement therapy, and has recently received a therapeutically equivalent approval for VIBEX® Sumatriptan USP for the acute treatment of migraines. The Company’s technology platforms include VIBEX® disposable auto injectors, disposable multi-use pen injectors and reusable needle-free injectors. Antares Pharma has a multi-product deal with Teva Pharmaceutical Industries, Ltd. that includes VIBEX® epinephrine, exenatide multi-dose pen, and another undisclosed multi-dose pen. Our reusable needle-free injector for use with human growth hormone (hGH) is sold worldwide by Ferring B.V.

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Talent4Boards Team

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