Veloxis Pharmaceuticals A/S announced that Dr. William J. Polvino steps down as President and CEO after more than six years in the role. Dr. Polvino will be followed by Craig A. Collard who will take over the position as President and CEO with immediate effect. Craig A. Collard has more than 20 years' track record of strategic and tactical leadership within the pharmaceutical industry. In 2003, he founded Cornerstone Therapeutics Inc. and chaired the company until 2014
where it was sold to Chiesi Farmaceutici SpA.