Tercica, Inc. Names Ajay Bansal Senior Vice President And Chief Financial Officer; Susan Wong Named Chief Accounting Officer

BRISBANE, Calif.--(BUSINESS WIRE)--March 30, 2006--Tercica, Inc. (NASDAQ:TRCA) announced today it has appointed Ajay Bansal, 44, Senior Vice President and Chief Financial Officer (CFO), effective March 28, 2006. Mr. Bansal will be responsible for overseeing Tercica’s Finance and Administration, Corporate Development and Corporate Communications departments. Susan Wong, 43, Tercica’s Vice President, Finance and Controller who previously served as Acting CFO, will report to Mr. Bansal and has been named as Tercica’s Chief Accounting Officer.

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