Lowell Sears

Who is Lowell Sears?

Mr. Sears has been Chairman and Chief Executive Officer of Sears Capital

Management, Inc., a life sciences venture capital and portfolio management company

since 1994.

Prior to founding Sears Capital Management, Lowell was Chief Financial

Officer of Amgen, Inc. from 1988 to 1994 as well its Senior Vice

President responsible for the Asia- Pacific region. Lowell served as

Amgen’s Treasurer and Director of Planning from 1986 to 1988. From 1976

to 1986 Mr. Sears held senior financial and planning positions with

Atlantic Richfield Company an integrated oil company, including several

years as Chief Financial Officer of its Ventures Division.

Lowell

is currently a director of Neose Technologies, Inc. (NASDAQ: NTEC),

Techne Corporation (NASDAQ: TECH), Elitra Pharmaceuticals, Inc. (NASDAQ

– Proposed: ELIT), Integrated Biosystems, Inc. (Private), ToxWeb, Inc.

(Private), Overread, Inc. (Private), Novalar Pharmaceuticals, Inc.

(Private), Coapt Systems, Inc. (Private), and Peninsula

Pharmaceuticals, Inc. (Private) . Lowell is also an investor in and

strategic advisor to a number of other private life science companies

as well as several investment funds.

Lowell received his BA in economics from Claremont McKenna College and his MBA from Stanford University