Michigan Biosciences Organization - MichBio Announces Annual Meeting On March 8, 2006

ANN ARBOR, Mich., Feb. 20 /PRNewswire/ -- MichBio, the non-profit organization dedicated to driving the growth of the life sciences industry in Michigan, will host Kenneth J. Matzick, president and CEO of the Beaumont Hospitals, as the keynote speaker for the March 8 meeting at the Eagle Crest Conference Center in Ypsilanti, Mich. The annual meeting is held at the beginning of each year and includes dinner, a keynote speaker, open bar, live music and board elections.

"We are pleased to host Mr. Matzick at our annual meeting. Beaumont's research institute is in full swing with 700 active studies and Mr. Matzick will have a great deal to share with our members," noted Dr. Michael Witt, executive director of MichBio. MichBio members will vote for new Board members as part of the meeting. Dr. Witt will announce the new Board and submit an executive director's report.

Beaumont Hospital has grown from a single 238-bed hospital opened in 1955 to serve a small community in Royal Oak, Michigan, into a two-hospital regional medical center. In 1977, Beaumont expanded into Troy with what is now a 254-bed community and teaching hospital that is ranked among the nation's busiest smaller community hospitals. The original Beaumont Hospital, Royal Oak facility has evolved into a 1,061-bed tertiary care, teaching, research and referral hospital that is the largest inpatient hospital in the country. Today, their medical staff includes more than 2,400 physicians representing more than 91 medical and surgical specialties.

Kenneth Matzick became Beaumont's CEO in April 2005, after having served as the organization's executive vice president and COO since 1997. He is a member of Beaumont's Board of Directors and the Beaumont Foundation Board of Directors, and he serves on the Board of Governors of the Beaumont Research Institute. Mr. Matzick is currently a member of the Board of Directors of the Greater Detroit Area Health Council, the MI Health and Hospital Association and the University of Iowa HMP Alumni Board.

The MichBio Annual Meeting draws 125 to 150 of the industry's leaders and most influential biotech professionals from across the state of Michigan. Registration and networking begin an open bar at 5:30 p.m., followed by dinner and presentation at 6:30 p.m. The cost is $75.00 for members and $100 for non- members. For more information and to register, please visit http://www.michbio.org/events .

About MichBio

MichBio is a non-profit organization dedicated to driving the growth of the life sciences industry in Michigan. The association serves a diverse membership, including new and established life sciences companies, academic and research institutions, as well as service providers and related organizations throughout the state.

Acting as a focal point for the life sciences community, MichBio provides networking and educational events, offers a web portal to industry-specific state and national information, addresses public policy, and is focusing on the human resource, funding and infrastructure issues affecting Michigan's biosciences industry.

MichBio

CONTACT: Mary Karen McClellan, Director of Public Relations and Marketingof MichBio, +1-734-615-9661, karen@michbio.org

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