January 11, 2010 (FinancialWire) — Celsion Corp. (NASDAQ: CLSN) said that Sean F. Moran has stepped down as chief financial officer, effective January 8, 2010. Timothy J. Tumminello, CPA, the company’s controller, will assume the position of Interim Chief Accounting officer and the responsibilities of the company’s financial officer.

Celsion said it has retained CTPartners to lead its search for a new CFO, and that Moran left Celsion to pursue other professional opportunities.

Maryland-based Celsion is focused on the development and commercialization of oncology drugs including tumor-targeting treatments using focused heat energy in combination with heat-activated drug delivery systems.

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