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Idera’s president resigns

Idera Pharmaceuticals has reported that Robert Karr, president of the company, has resigned from his full-time management position at the company, effective December 31, 2007.

Mr. Karr has entered into a consulting agreement with the company and will remain a member of the company’s board of directors.

Mr. Karr said: “I am proud of the tremendous accomplishments Idera has made in the discovery and development of TLR-targeted therapeutics highlighted by the recent announcement of our oncology collaboration with Merck KGaA.”