EXETER, N.H.--(BUSINESS WIRE)--CPEX Pharmaceuticals, Inc. (NASDAQ: CPEX) today announced that its shareholders elected Robert Forrester to the Board of Directors at the CPEX 2010 Annual Meeting of Stockholders. Mr. Forrester was elected as a Class II director with a term through the 2013 Annual Meeting. As previously announced, Miguel Fernandez, whose term as director ended today, retired from the Board.