NEXGEL Appoints Scott Henry, CFA to Board of Directors and Audit Committee

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LANGHORNE, PA — NEXGEL, Inc. (NASDAQ: NXGL, NXGLW) announced the recent appointment of Scott Henry, CFA as a new independent director to the Company’s Board of Directors (the “Board”), effective immediately. Mr. Henry will also serve as a member of the Board’s Audit Committee.

“Scott brings a wealth of financial and operational experience to NEXGEL, making him an ideal addition to our Board and Audit Committee,” said Adam Levy, Chief Executive Officer of NEXGEL. “Additionally, his vast network within the investment community and his extensive knowledge of the small and microcap company landscape will be invaluable towards supporting our growth initiatives going forward. We are grateful to have Scott as part of our team.”

Scott R. Henry, CFA, is a Managing Director, Senior Research Analyst at ROTH Capital Partners with 20 years of sell-side coverage in the pharmaceutical, biotechnology and medical device sectors. He has previously held positions with firms including Oppenheimer, Thomas Weisel Partners, ABN AMRO and Leerink Swann & Co. Mr. Henry has received numerous awards, including rankings in the Wall Street Journal “Best on the Street” stock picking survey, Forbes/Zacks Investment Research “Best Analysts” for the drugs category and Forbes.com/StarMine rankings for earnings estimate accuracy. His investment views have been cited in the Wall Street Journal and the New York Times, and he has made frequent appearances on CNBC, CBS MarketWatch and Bloomberg. Mr. Henry attended the University of Rhode Island and received an M.B.A. with distinction from Cornell University.

Mr. Henry commented, “After spending extensive time with Adam and the rest of the senior leadership team, I was excited to join the NEXGEL team as a member of the Board and Audit Committee. NEXGEL presents a unique situation with solid assets, talented people and significant growth potential. Leveraging my experience and industry relationships, I believe that together, we can capitalize on these opportunities.”

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