Sacramento, California
June 1, 2000
Ventria Bioscience today
announced the recent appointment of Tom Urban as the chairman of
its Board of Directors.
Ventria's mission is to utilize its world-class protein
expression technology platform as a powerful tool for the
development of breakthrough products that enhance and save
lives.
Ventria board member and biotechnology pioneer Bill Rutter
commented: "While serving as Chairman, President, and CEO of
Pioneer Hi-Bred International, Inc., Tom Urban had an
unparalleled track record in growing and building a high value
business selling premium plant-based products. Tom's intellect,
business acumen, and industry experience will be invaluable to
Ventria as the company's products move towards
commercialization. We are very pleased to have Tom as an
investor in Ventria and as its new chairman."
Mr. Urban obtained his MBA from Harvard University and joined
Pioneer in 1960. During the next thirty-five years he built
Pioneer into one of the world's leading seed companies. Mr.
Urban is widely recognized as a business innovator who
continuously delivered improved premium products to Pioneer
customers world wide. Mr. Urban said of his new chairman duties:
"Ventria is a unique company with powerful technology and an
exciting set of products in the pipeline. Our challenge now is
to transform Ventria into a highly profitable business selling
products of undeniable value to its customers. Ventria has an
outstanding board of directors and top-notch employees. The
company is poised for tremendous growth in the years ahead, and
I am honored and enthused to serve as its chairman."
Ventria Bioscience is a development-stage biotechnology
company engaged in the production of recombinant proteins using
its proprietary ExpressTec(TM) technology to commercialize
products with applications in human and animal health. Some of
the products currently under development by Ventria address a
variety of human health issues, including Infectious Disease,
Cystic Fibrosis, and Emphysema.
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