Advanced Life Sciences Announces Appointment
of Business Development Executive to Board of Directors
Woodridge, Ill, August 6, 2001 - Advanced Life Sciences, Inc.
announces the appointment of Julius A. Vida, Ph.D., MBA, to its
Board of Directors. Dr. Vida is Founder and President of Vida
International Pharmaceutical Consultants, a firm that serves clients
in the pharmaceutical and biotechnology industries. His previous
experience as Vice President of Business Development, Licensing
and Strategic Development for Bristol-Myers Squibb facilitates
his access to contacts in large pharmaceutical companies. Dr.
Vida received his Ph.D., from the Carnegie Institute of Technology
and his MBA from Columbia University. He serves as a Director
on the Boards of seven biotechnology companies.
"We are fortunate to have a business person with this much
out-licensing experience join our Board of Directors," said
Dr. Sharon W. Ayd, Chief Operating Officer of Advanced Life Sciences.
"Dr. Vida has been very successful in taking companies from
early stage to IPO and in consummating company sales and acquisitions.
We expect his skill in negotiating major licensing agreements
to be valuable in out-licensing Advanced Life Sciences' compounds."
Advanced Life Sciences, Inc., based in Woodridge, Illinois (http://www.advancedlifesciences.com)
is a privately held, early-stage pharmaceutical technology development
company that discovers and develops therapeutic compounds to fight
infection, inflammation and cancer. The company bridges the gap
between academic discoveries and pharmaceutical commercialization
and focuses on conditions that have significant unmet medical
needs in medium sized markets.
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