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ALS Therapy Development Institute, the World's Largest Non-Profit Biotech, Appoints Steve Perrin, Ph.D., as Chief Executive Officer
Date:5/1/2009

considering an array of therapeutic options in a centralized manner at the Institute's high-tech research facility in Cambridge, Massachusetts. Perrin has assembled a research team of 30 full-time professionals to execute dozens of projects based on the information the Institute has developed through gene expression and other analysis of the disease, many of which have advanced to the mid and late stages of the drug development pipeline.

"What Steve and his team have created and accomplished in the last 24 months is remarkable, and should translate into more meaningful therapy for our deserving patients with ALS. We look forward to their continued success," said Stanley Appel, M.D., co-director of the Methodist Neurological Institute in Houston, Texas, and board member of ALS TDI.

Maureen Lister Appointed President

Maureen Lister, a corporate operations and finance expert with experience in both the biomedical and energy industries, joined ALS TDI in the spring of 2007 as its chief financial officer. At the end of 2008, she was named chief operating officer of ALS TDI and will continue to retain both titles as well as the additional responsibilities as the Institute's president.

"I have worked closely with Maureen over the past two plus years and her passion for this effort inspires me and gives me hope. With yesterday's appointment, the entire ALS community gained a vocal and committed leader," said Augie Nieto.

Under Mrs. Lister's leadership, ALS TDI has increased its fundraising revenue to new highs each of the last two years. According to its most recent audited financial statement, and filing with the IRS, the Institute's 2008 revenue was $11.7 million. The Institute has also substantially increased the percentage it spends on research, the largest in the field, by focusing on creating more efficient administrative and fundraising operations under Mrs. Lister's gui
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SOURCE ALS Therapy Development Institute
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