MANAGEMENT

D. Elliot Parks, Ph.D.
President and CEO
Dr.
Elliot Parks brings over twenty-five years in biomedical
research, product development, executive management, and
international venture capital experience to the company.
During that time he has had extensive experience in successfully
and repeatedly translating important basic research science
into commercial products. He was the founding CEO of Myelos
Neurosciences a venture-backed, clinical stage biologics
company sold to Savient, a NASDAQ listed firm. Prior to
Myelos, Dr. Parks was the Director of the Johnson &
Johnson Biotechnology Center for ten years, where he was
responsible for guiding several biomedical products through
clinical trials and regulatory approval. Following receipt
of his Ph.D. in Microbiology and Immunology at the University
of Washington in Seattle, Dr. Parks assumed research and
leadership positions at the Scripps Research Institute during
his twelve year tenure there. He also served under the Surgeon
General of the Army at Letterman Army Institute of Research
in the Presidio in San Francisco.

Richard L. Sherman, J.D.
Vice President, Business Development and General Counsel
Mr.
Sherman has twenty-five years of experience as a licensing
executive, attorney, consultant, and venture capitalist in
the biotechnology and pharmaceutical industries. As a licensing
executive and Deputy General Counsel in a thirteen year career
at SmithKline-Beckman Corporation, Mr. Sherman participated
as counsel and negotiator in hundreds of international and
domestic transactions; including hostile and friendly acquisitions,
divestitures, joint ventures, limited partnerships, research
and development collaborations, venture capital investments,
joint marketing relationships, distribution arrangements,
and licensing transactions. Mr. Sherman also founded QED Technologies,
Inc., a consulting firm that provides science-based companies
with experienced advice and counsel in developing and implementing
strategies to maximize their business and technology assets.
QED's clients include pharmaceutical, biotechnological, chemical,
diagnostic and medical device firms; universities and independent
research centers; investment groups and funds. QED was purchased
by The Omnicom Group, Inc., a NYSE listed firm.
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