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DewDiligence

01/27/17 10:27 AM

#208451 RE: DewDiligence #208133

PFNX cans CEO:

http://www.prnewswire.com/news-releases/pfenex-announces-leadership-transition-300395399.html

Dr. Liang's mutually agreed separation from the Company comes following the completion of an independent investigation overseen by the Audit Committee that revealed Dr. Liang had not acted in accordance with the Company's Board Approval Process Policy and Code of Ethics and Conduct in connection with certain Board approval procedures for third party contracts.

This announcement is from 1/24/17.