VALETA A. GREGG, PH.D., J.D. JOINS BIOTIME, INC. BOARD OF DIRECTORS
BERKELEY, Calif., Nov. 2 -- BioTime, Inc.
(Amex: BTX) announced today that Valeta A. Gregg, Ph.D., J.D., has been
elected to BioTime's Board of Directors. Dr. Gregg currently serves as Vice
President & Assistant General Counsel, Patents, for Regeneron Pharmaceuticals,
Inc. and will be replacing Jeffrey B. Nickel, Ph.D. on BioTime's Board.
Dr. Nickel stepped down in order to focus on his new duties as BioTime's Vice
President of Business Development and Marketing.
"Dr. Gregg's strong background as a top patent attorney in the
biotechnology and pharmaceutical industries brings additional expertise to our
Board of Directors," said Judith Segall, Vice President of Operations and
member of the Office of the President at BioTime. "While at Fish &
Richardson, P.C. in the mid-1990s, Valeta Gregg provided counsel to the
Company and was instrumental in the early development of BioTime's patent
portfolio. Her wealth of knowledge in patent law and contributions to the
Board will be valuable as BioTime develops and commercializes new products."
Since 2002, Dr. Gregg has been employed at Regeneron Pharmaceuticals, a
Tarrytown, New York based company engaged in the development of pharmaceutical
products for the treatment of a number of serious medical conditions,
including cancer, diseases of the eye, rheumatoid arthritis and other
inflammatory conditions, allergies, asthma, and obesity. In her capacity at
Regeneron Pharmaceuticals, Dr. Gregg is responsible for company-wide
patent-related activities. Prior to joining Regeneron Pharmaceuticals,
Dr. Gregg was Senior Patent Attorney for Novo Nordisk of North America.
Dr. Gregg received her J.D. from the University of Colorado School of Law
(1992). She completed her Ph.D. in Biochemistry at the University of Alberta,
Edmonton Alberta Canada (1982) and was a Post-Doctorial Fellow at Columbia
University (1983-1986). She conducted her undergraduate and graduate studies
in Human Nutrition at the University of California at Davis (M.S. 1977; B.S.,
1975).
About BioTime, Inc.
BioTime, headquartered in Berkeley, California develops blood plasma
volume expanders, blood replacement solutions for hypothermic (low
temperature) surgery, organ preservation solutions and technology for use in
surgery, emergency trauma treatment and other applications. BioTime's lead
product Hextend(R) is manufactured and distributed in the U.S. and Canada by
Hospira, Inc. under an exclusive licensing agreement. Information about
BioTime can be found on the web at www.biotimeinc.com.
Forward Looking Statements
The matters discussed in this press release include forward-looking
statements which are subject to various risks, uncertainties and other factors
that could cause actual results to differ materially from the results
anticipated. Such risks and uncertainties include but are not limited to the
results of clinical trials of BioTime products; the ability of BioTime and its
licensees to obtain additional FDA and foreign regulatory approval to market
BioTime products; competition from products manufactured and sold or being
developed by other companies; and the price of and demand for BioTime
products. Other risk factors are discussed in BioTime's Annual Report on Form
10-K filed with the Securities and Exchange Commission.
CONTACT: Judith Segall
Vice President of Operations
The Office of the President of BioTime, Inc.
+1-510-845-9535
or
Lasse Glassen,
Investor/Analyst
Information of Financial Relations Board
+1-310-854-8313
lglassen@financialrelationsboard.com