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Alder BioPharmaceuticals Promotes Larry Benedict to Executive Vice President of Finance and Principal Accounting Officer

BOTHELL, Wash., Oct. 11, 2016 (GLOBE NEWSWIRE) — Alder BioPharmaceuticals, Inc. (NASDAQ:ALDR), a clinical-stage company developing monoclonal antibody therapeutics, today announced the promotion of Larry Benedict to the position of Executive Vice President and Principal Accounting Officer. Mr. Benedict, who has served as Senior Vice President, Finance since 2013, will continue to oversee the company’s financial operations and planning.

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