Southern Research Institute Names Arthur J. Tipton, Ph.D. President and CEO

 Southern Research Institute Names Arthur J. Tipton, Ph.D. President and CEO

PR Newswire

BIRMINGHAM, Ala., June 17, 2013

BIRMINGHAM, Ala., June 17, 2013 /PRNewswire-USNewswire/ --Southern Research
Institute today announced that Arthur J. Tipton, Ph.D., has been selected by
its Board of Directors to serve as president and CEO of Southern Research
effective July 8, 2013. 

(Photo: )

Tipton replaces John A. "Jack" Secrist, III, Ph.D., who served as president
and CEO of Southern Research Institute for seven years. Secrist announced his
retirement earlier this year after 34 years of service at Southern Research.

"The Board is extremely pleased that Dr. Tipton will lead Southern Research
Institute, and I look forward to working with him," said Ray L. Watts, M.D.,
president of the University of Alabama at Birmingham, and chairman of the
Southern Research Board of Directors. "This is a critical time for research,
with both opportunities and challenges, and his experience and strategic
vision are ideal to grow the organization's portfolio of contract research in
biomedical science, drug discovery and advanced technology/engineering."

Tipton previously served as senior vice president and general manager of
Evonik— Birmingham Laboratories in Birmingham, Ala. During his career, he has
helped lead the growth of three pharmaceutical/biotech companies and launched
four commercial products. He holds 31 U.S.patents with numerous foreign
equivalents, and he has more than 70 publications, presentations and invited
lectures to his credit.

In 2004, Tiptonjoined Southern Research to lead the formation of a new,
wholly-owned drug-delivery company—Brookwood Pharmaceuticals—which was
launched with Tipton as president and CEO. When Brookwood Pharmaceuticals was
acquired by SurModics in 2007 for about $50 million, Tipton oversaw the most
significant payment to Southern Research in its history. The SurModics
business was then acquired by Evonik Degussa Corporation in 2011.

"A Birmingham native, I know and have great respect for the record Southern
Research Institute has in research initiatives and the impressive history of
innovation," Tipton said. "I am familiar with the Institute's great people; I
look forward to leading this exceedingly talented and dedicated team capable
of pushing research and development in a range of science and engineering
markets. I am equally excited to work closely with UAB and look forward to
making this close relationship even stronger."

Tipton served as executive vice president at Durect Corporation, a
California-based, publicly traded drug-delivery company, and held a variety of
positions inSouthern BioSystems, including vice president and chief
scientific officer, where he led all efforts on biodegradable technology from
1993-2001. AtSouthern BioSystems,Tipton invented the SABER Delivery System
and led its development into multiple clinical campaigns. He was a member of
the negotiating team for the acquisition ofSouthern BioSystemsby Durect.
Prior to joiningSouthern BioSystems, Tipton was with Atrix Laboratories (now
part of QLT) from 1988-1993.

Tipton holds a Bachelor's degree in chemistry from Spring Hill College and a
Doctorate in polymer science and engineering from the University of
Massachusetts,Amherst. He has served on the boards of the Society for
Biomaterials, American Institute of Biological and Medical Engineers,
Brookwood Pharmaceuticals, andSouthern BioSystems, and he serves on the
boards of the Biotechnology Association of Alabama, Birmingham Venture Club,
and the Controlled Release Society. He chairs the external advisory Board for
UAB's Biomedical Engineering Department.

About Southern Research
Southern Research Instituteis a not-for-profit 501(c)(3) scientific research
organization that conducts advanced engineering research in materials, systems
development, environment and energy, and preclinical drug discovery and
development. Southern Research has more than 520 scientific and engineering
staff that support clients and partners in the pharmaceutical, biotechnology,
defense, aerospace, environmental and energy industries. Headquartered in
Birmingham, Ala., Southern Research Institute has facilities/offices in
Wilsonville and Huntsville, Ala.; Frederick, Md.; Durham, NC; Houston, TX;
and, Washington, DC. Learn more at

CONTACT: Rhonda Jung

SOURCE Southern Research Institute

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