PITTSBURGH, March 5 /PRNewswire/ -- The Pittsburgh Life Sciences Greenhouse (PLSG) announced today that Executive-in-Residence James Jordan has been appointed to the position of Vice President and Chief Investment Officer (CIO). This appointment is the result of PLSG's strategic planning process and is effective immediately. In the role of CIO, Mr. Jordan will be responsible for the direction of all PLSG investment programs and the highly-regarded Executive-in-Residence (EIR) program.
John W. Manzetti, PLSG President & CEO said, "As an EIR, Jim has successfully led investments in 19 companies for over $2.5M and has been an advisor to many of our portfolio companies. He has built a reputation as someone who 'gets it done' on behalf of the region's life sciences community." Mr. Manzetti continued, "In this position Jim will leverage his considerable life sciences and business experience to drive the operations model beyond company formation, placing an increased emphasis on commercializing technologies."
Commenting on his new role, Mr. Jordan stated, "I joined the PLSG because of their commitment and focus on life sciences. With healthcare approaching 19% of the United States economy, only regions that have a meaningful presence will have economic health. I was drawn to Pittsburgh because of the region's wealth of technology and my Executive-in-Residence peers' global reputation for commercialization of innovation."
The Pittsburgh Life Sciences Greenhouse (PLSG) invests in and supports the growth of biosciences companies in Southwestern Pennsylvania. PLSG has investment and business growth programs to increase the linkage between research, technology and commercialization; nurture and develop entrepreneurial biosciences enterprises; grow the region's talent pool in the life sciences; and help biosciences firms locate, expand or start-up in the Greater Pittsburgh region. www.plsg.com
Pittsburgh Life Sciences Greenhouse
TheCONTACT: Lynn M. Brusco of the Pittsburgh Life Sciences Greenhouse,+1-412-770-1353
Web site: http://www.plsg.com/
