Antares Pharma Inc. announced the resignation of Paul K. Wotton, Ph.D. who informed the Company's Board of Directors that he will assume the position of chief executive officer of a development stage biotechnology company. Dr. Wotton also has resigned from the Antares Board of Directors. The company also announced the appointment of Eamonn P. Hobbs to the position of President and Chief Executive Officer of the company effective immediately.

Mr. Hobbs joined the Antares Board of Directors in August 2009 and has over 30 years of experience in the pharmaceutical, medical device, and combination products industry, including the medical specialty fields of radiology, vascular surgery, interventional cardiology, oncology and gastroenterology. Mr. Hobbs was previously the President and Chief Executive Officer of Delcath Systems Inc.