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SciClone Pharmaceuticals, Inc. (SCLN) Announces Wilson W. Cheung as Chief Financial Officer

SciClone Pharmaceuticals announced earlier today the recruitment of Wilson W. Cheung to the position of Chief Financial Officer and Senior Vice President of Finance. A seasoned executive with senior financial and international accounting experience, Cheung has a wealth of knowledge in financial management, SEC, and SOX 404 financial reporting for publicly traded international companies. He also retains strong experience in investor relations, corporate governance and compliance, operations management, and corporate development. Reporting to Friedhelm Blobel, Ph.D., Chief Executive Officer, Cheung will be based in the company’s headquarters in Foster City, CA.

“Wilson has extensive experience in managing financial operations and compliance for commercial, publicly traded companies and has a deep understanding of companies operating in China in highly regulated, competitive and fast changing environments,” stated Dr. Blobel. “His international, multi-industry experience will be especially valuable as our Company implements strategies to drive our long-term growth, expand the market opportunities for ZADAXIN®, develop the potential of our growing portfolio of differentiated products, and strengthen our standing as a US-based, China-focused specialty pharmaceutical company. I am particularly pleased with the significant strengthening of SciClone’s management team in the US and China over the last several quarters, and believe that Wilson will be a great addition to our executive team.”

“I believe that SciClone is an exciting, growth-oriented specialty pharmaceutical company with excellent prospects for delivering impressive financial results and building shareholder value,” Cheung commented. “I appreciate the opportunity to work with the highly dedicated finance teams in the US and China to maintain timely and high quality financial reporting, and to help strengthen SciClone’s market success and reputation within the investor community.”

Most recently Cheung held the title of Chief Compliance Officer, Asia Pacific of Velti plc, a global mobile marketing and advertising software provider, and prior to that acted as Chief Financial Officer, in which he took the company public on its Nasdaq IPO, raising over $400 million in equity and debt as well as oversaw investor relations and global finance. Cheung also spent time as Chief Financial Officer and Corporate Secretary at AXT, Inc., a California-based, publicly traded manufacturer. Additionally, Cheung has held senior financial positions at telecommunications company InterWAVE Communications International Ltd. (now Alvarion, Ltd), Yahoo!, Deloitte, and KPMG.
Cheung impressively speaks English, Cantonese, and Mandarin. A California Certified Public Accountant (inactive), Cheung holds a B.A. from the University of California, Los Angeles (UCLA), and a Certified Director of Corporate Governance from UCLA’s Executive Program.

For additional information, please visit www.sciclone.com

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