Leaders from Biomet Inc., Covance Inc., Covance Inc., Medco Health Solutions, Inc. Join BioCrossroads Board of Directors

Published: Apr 20, 2010

INDIANAPOLIS, April 20 /PRNewswire/ -- Reflecting the continued growth and business diversity of Indiana's life sciences sector, BioCrossroads today announced the election of four new industry leaders to its Board of Directors:

"Rich, Jan, Jon and Deborah are four of Indiana's most prominent life sciences executives, and we are thrilled to add their experience and perspectives to our Board," said D. Craig Brater, MD, Dean of the Indiana University School of Medicine and Chairman of the Board of BioCrossroads. "BioCrossroads has made some significant life sciences achievements over the past six years, including raising more than $235 million of market capital and philanthropic funding for Indiana life sciences opportunities and supporting more than 250 start-up companies and collaborations. Having a Board of Directors of this caliber has helped us achieve that success, and adding new Directors like each of these leaders will ensure that success continues."

Richard P. Jones II heads the Whitestown-based operations of Medco, currently building the world's largest and most advanced automated pharmaceutical distribution facility in central Indiana, which will include the Medco Therapeutic Resource Center(R) (TRC) for oncology patients and a Personalized Medicine Research Center. A seasoned veteran with more than 20 years of Medco pharmacy experience, Jones most recently led the growth of Medco's Las Vegas automated dispensing pharmacy as Vice President and General Manager.

Dr. Jan Lundberg was recently named Executive Vice President, Science and Technology and President, Lilly Research Laboratories. Previously, Dr. Lundberg served as Executive Vice President, Global Discovery Research at AstraZeneca, where he was instrumental in delivering more than 150 drug candidates to the company's pipeline. At AstraZeneca, Dr. Lundberg had responsibility for discovery research and supported clinical development of potential therapies for cancer, infection, central nervous system disorders, pain, cardiovascular, metabolic and respiratory diseases, gastrointestinal conditions, and inflammation. Prior to joining the pharmaceutical industry, Dr. Lundberg worked as a researcher and professor at Sweden's world-renowned Karolinska Institute, where he earned his Ph.D., and was a member of the Swedish Medical Research Council. During his career, Dr. Lundberg has won a variety of research awards and he is also an often-cited author in the areas of biology and biochemistry, pharmacology and neuroscience research.

A 26-year veteran of the orthopedics industry, Jon Serbousek was appointed President of Biomet Orthopedics, the U.S. joint reconstruction division of Biomet, Inc., a global leader in developing innovative solutions for musculoskeletal disorders, in March 2008. In this role, he leads Biomet's efforts in continuing the success and growth of the U.S. total joint reconstruction business based in Warsaw, Ind. Prior to joining Biomet, Serbousek spent eight years at Medtronic's Spinal and Biologics business in diverse general management roles in the areas of Spinal Reconstruction, International, New Technology Development and Biologics Therapies. Prior to Medtronic, Serbousek spent 13 years with DePuy Orthopedics, holding Senior Functional or General Management positions in Joint Reconstruction, Spinal Operations, and Arthroscopy & Sports Medicine as well as a series of Engineering Management and Product Development roles.

Deborah L. Tanner has served as Covance's Corporate Senior Vice President since February 2006. During her tenure, Covance has continued to grow its Indianapolis-based Global Central Laboratory Services operations, now the largest in the world. In 2008, Covance acquired the entire Greenfield, Ind. pre-clinical development operations of Eli Lilly and Company, in what remains one of the largest strategic partnership transactions ever completed between a major pharmaceutical company and a contract research organization. Prior to her time in Indianapolis, Tanner served as Covance's Global Vice President of Operations in Central Laboratory Services and as Vice President - Analytical Services for Covance Laboratories - Europe. Tanner has been with Covance for over 20 years in positions of increasing responsibility.

For the full list of BioCrossroads board members, visit www.biocrossroads.com

About BioCrossroads

BioCrossroads (www.biocrossroads.com) is Indiana's initiative to grow, advance and invest in the life sciences, a public-private collaboration that supports the region's research and corporate strengths while encouraging new business development. BioCrossroads provides money and support to life sciences businesses, launches new life sciences businesses, expands collaboration and partnerships among Indiana's life science institutions, expands science education and markets Indiana's life sciences industry.

CONTACT: Lori LeRoy of BioCrossroads, +1-317-238-2456 (office),
+1-317-514-0095 (cell), lleroy@biocrossroads.com

Web site: http://www.biocrossroads.com/

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