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NEW YORK, Feb. 26 - Paradigm Genetics has fired its CEO and President John A. Ryals and has appointed Chief Scientific Officer John E. Hamer to take the helm "while a global search is conducted."
Ryals founded the company in 1997 and has since served as CEO and president.
Hamer, who received his PhD in microbiology from the University of California, Davis, came to Paradigm from Purdue University where he was an adjunct professor of microbiology and immunology.
Paradigm did not offer a reason for Ryals' sudden dismissal and messages left with a company official late on Tuesday afternoon were not immediately returned.