George A. McMillan Joins PharmaNet Development Group, Inc. as Chief Financial Officer

PRINCETON, N.J., March 1 /PRNewswire/ -- PharmaNet Development Group, Inc., a leading provider of clinical development services to innovative pharmaceutical, biotechnology, generic drug and medical device companies, announced today that George A. McMillan has joined the Company as Chief Financial Officer.

Mr. McMillan joins PharmaNet Development Group from Ze-Gen, Inc., a Boston-based renewable energy company, where he filled the dual role of Chief Operating Officer and Chief Financial Officer. Previously, George held the position of Chief Financial Officer, Chief Executive Officer, and Chief Operating Officer at diversified technology and services firms, including The Palladium Group, Inc., CMGI, Inc., BMG Direct (Bertelsmann A.G.), Renaissance Solutions, Eastern Exclusives and others.

About PharmaNet Development Group, Inc.

PharmaNet Development Group, Inc., a global drug development services company, provides a comprehensive range of services to the pharmaceutical, biotechnology, generic drug and medical device industries. The Company offers early and late stage consulting, Phase I clinical studies and bioanalytical analyses, and Phase II, III and IV clinical development programs. With approximately 2,300 employees and 41 facilities throughout the world, PharmaNet is a recognized leader in outsourced clinical development. For more information, please visit our website at www.pharmanet.com.

CONTACT: Anne-Marie Hess of PharmaNet Development Group, Inc.,
+1-609-951-6842, ahess@pharmanet.com

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

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