College Station, Texas
March 6, 2003
ProdiGene, Inc. today
announced the appointment of Russell K. Burbank as CEO and
President to replace Anthony G. Laos, who has stepped down from
his roles as President and CEO and as a member of ProdiGene's
Board of Directors. The company also announced today the
appointment of Dr. John A. Howard as Vice President and Chief
Technical Officer.
Mr. Burbank is a managing director of The Scotland Group, Inc.,
a professional turnaround organization, and brings extensive
business experience to ProdiGene. During his career, which
included positions with Dow Chemical Co., Envirotech Corp., and
Diamond Shamrock Corp., he led business units engaged in
environmentally sensitive processes and is directly familiar
with regulatory permitting and compliance practices. He has also
been recruited on numerous occasions by Boards of Directors of
public and private companies to plan and implement early stage
commercialization of emerging technologies. Mr. Burbank has a BS
in Chemical Engineering from the University of California,
Berkeley, and a Stanford MBA.
Dr. Howard is a founder of ProdiGene and has been a Director of
the company since 1996. He is internationally recognized for his
work in transgenic plant technologies and is an inventor on
numerous patents that covers the company's proprietary
technology. Prior to this appointment, Dr. Howard had been
consulting to the company. In his new position, he will be
responsible for the company's research, development and
commercial scale-up of products, including TrypZean(TM), a
protease enzyme used in cell culture and as an intermediary in
the production of pharmaceuticals, that marks
the first time that commercial quantities of a recombinant
protein have been produced from transgenic plants. He will also
oversee the company's scale-up of aprotinin, a protease
inhibitor used in cardiac surgery and wound healing, and
clinical trials of vaccines which would be delivered by the
company's patented oral vaccine platform. Dr. Howard has a PhD
in Biochemistry from the University of California at Riverside.
ProdiGene, headquartered in
College Station, Texas, is a private biotechnology company that
is developing and manufacturing industrial and pharmaceutical
proteins from its proprietary transgenic plant system.
ProdiGene, as the first and only company to produce and market
recombinant proteins from transgenic plants, is well positioned
to capitalize on the opportunities in the large and expanding
recombinant protein markets. The Company has collaborations with
leading biotechnology and pharmaceutical companies.
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