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Zosano Pharma, Inc. Announces Appointment of Gail Schulze as Chair and CEO

Tuesday, September 9, 2008 General News
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FREMONT, Calif., Sept. 8 Zosano Pharma, Inc., a privatelyheld pharmaceutical company developing a novel transdermal deliverytechnology, today announced that Gail Schulze has joined the company as chairand CEO. The company also announced several recent appointments to the Zosanoleadership team, including Don Brown, chief operating officer and president;John M. Vuko, executive vice president and chief financial officer; Beth AnnePiper, M.D., vice president, clinical development; and Stephen Worsley, vicepresident, business development.
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In her new role of chair and CEO, Ms. Schulze will spearhead Zosano'sstrategic and operational initiatives to advance the company's noveltherapeutic programs, including its lead product Zosano PTH Patch, aproprietary transdermal patch formulation of parathyroid hormone (PTH) for thetreatment of established osteoporosis.
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"Gail brings a tremendous track record of executive leadership to Zosano,and her depth of experience will be a key asset as the company advances itsproduct pipeline and pursues strategic partnerships to leverage the potentialof Zosano's innovative transdermal delivery technology," said Jim Barrett,Ph.D., formerly chairman of Zosano's board of directors and a general partnerat New Enterprise Associates, Inc. (NEA).

In addition to her role at Zosano, Ms. Schulze has held numerous boardpositions and is currently a director of Cerus Corporation (Nasdaq: CERS). Shewas previously CEO of YM Biosciences US and president, YM Biosciences, Inc.Prior to joining YM Biosciences, she was president, CEO and director ofEximias Pharmaceutical Corporation. She formerly served as COO and deputy CEOof Aventis Behring LLC, a fully independent biologics subsidiary of Aventis,having both global operations and research and development responsibility.Earlier in her career, she held multiple executive positions at AllegianceHealthcare Corporation and Baxter Healthcare Corporation. Ms. Schulze iswidely recognized for her ability to build both organizational strength andsustainable market positions in a variety of therapeutic arenas.

"I am thrilled to join Zosano at this exciting juncture in the company'sgrowth," said Ms. Schulze. "The sheer volume of potential therapeutic programsutilizing Zosano's novel transdermal delivery technology represents a wealthof product development and lifecycle management opportunities, both from aproprietary pipeline and a partnership perspective. I look forward to workingwith our expanding team of highly talented scientists, physicians and businessprofessionals to realize the commercial benefits of this promisingtechnology."

Joining Peter Daddona, Ph.D., chief scientific officer; Greg Yedinak, vicepresident, manufacturing, and Kim Gaumer, vice president, regulatory affairsand quality assurance, are the following new members of Zosano's seniormanagement team:

Don Brown, chief operating officer and president, brings more than 30years of pharmaceutical experience to Zosano. Most recently, he served assenior executive vice president at Aventis Behring where he was a member ofthe Aventis SA Management Forum. Mr. Brown also held various senior leadershippositions at U.S. Bioscience, and was a founder of Calvert Preclinical andPharmaceutical Support services.

John M. Vuko, executive vice president and chief financial officer, hasextensive experience leading financial and administrative functions withinhealthcare organizations. Prior to joining Zosano, Mr. Vuko was chieffinancial officer at Genitope Corporation, a public company, which raised morethan $200 million in the public markets. Before Genitope, Mr. Vuko wasexecutive vice president and chief financial officer at Incyte Corporation,also a public company, which raised over $600 million during his tenure.

Beth Anne Piper, M.D., vice president, clinical development brings 19years of clinical industry expe
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