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Viroblock SA Hires Dr. Jamie Paterson as CEO and Closes Financing Round

Thursday, February 4, 2010 Corporate News
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GENEVA, February 3 Viroblock SA, a start-up dedicated todeveloping and commercializing a new generation of anti-viral products, todayannounced that Dr. Jamie Paterson will join Viroblock as Chief ExecutiveOfficer (CEO).
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Jamie Paterson, a British national, can look back at 20 years ofexperience in the pharmaceutical industry. Prior to joining Viroblock he wasChief Commercial Officer at Neurim Pharmaceuticals. During his 18 years atProcter & Gamble he held several positions with increasing responsibilityincluding Marketing Manager Italy and Commercial Director Spain. His finalposition at P&G was European Director of Strategic Planning and New BusinessDevelopment - Rx & OTC. Jamie holds a PhD in Biochemistry from ImperialCollege, University of London.
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"I welcome Jamie as our new CEO and I am pleased to concentrate myactivities to further demonstrate scientifically the potential of ourtechnology in several viral indications" said Thierry Pelet who is one theco-founders of the company. Thierry will assume the position of Chief ScienceOfficer (CSO).

Viroblock further announced that it has completed its second round ofequity funding. The Series B financing round was led by Fongit Seed InvestSA. Peter Pfister, Initiative Capital Romandie SA (managed by DEFI Gestion)and BlueOcean Ventures acted as co-investors.

"With Jamie and Thierry we have a strong leadership team with provenbusiness skills and accomplished scientific know-how. This team equipped withthe additional funding can now start developing our first anti-viralproducts, which will bring the company to the next level, said Peter Pfister,Chairman of the Board.

About Viroblock

Viroblock is dedicated to developing and commercializing a new generationof anti-viral products with a novel mechanism of action against envelopedviruses. Enveloped viruses represent more than 60% of all existing virusesand include major human pathogens such as human and avian influenzas, thehepatitis B and C viruses and the AIDS virus.

Viroblock's unique proprietary products and technologies open verypromising opportunities in a number of prophylactic and therapeuticapplications.

Viroblock was founded in October 2005 by the late Donald Wallach, ascientist and academic with past tenure at the Harvard Medical School andTufts University, and a pioneer in the research of liposome systems.For more information: Thierry Pelet +41-22-884-8344 [email protected]

SOURCE Viroblock SA
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