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Aerovance Appoints Babatunde A. Otulana, M.D., as Chief Medical Officer
Date:2/9/2009

BERKELEY, Calif., Feb. 9 /PRNewswire/ -- Aerovance Inc. today announced the appointment of Babatunde A. Otulana, M.D., to the position of senior vice president and chief medical officer.

Dr. Otulana, 52, will provide medical as well as organizational and regulatory leadership to the company as it moves forward with the development of AerovantTM for uncontrolled asthma and AerodermTM for severe atopic eczema. He has more than 20 years of experience in pulmonary research and product development.

"Tunde has a wealth of experience in the planning and implementation of clinical development programs for pulmonary drugs," said Mark Perry, Aerovance's president and chief executive officer. "He will focus on advancing Aerovant through clinical development, beginning with our upcoming Phase IIb clinical trial in patients living with uncontrolled asthma, while further developing Aerovance's pipeline."

Prior to joining the company, Dr. Otulana worked with Aradigm Corp., where he most recently served as senior vice president, development, and chief medical officer. At Aradigm, his responsibilities included the management of all clinical development, regulatory affairs, QA & QC, and R&D activities for respiratory specialty pharmaceutical products. Prior to Aradigm, he was a medical reviewer and team leader at the Division of Pulmonary Drug Products Center for the Drug Evaluation & Research of the U.S. Food and Drug Administration (FDA). Dr. Otulana is a practicing pulmonologist and has published numerous articles in peer-reviewed journals, most recently in the field of pulmonary delivery of therapeutics.

"I am excited to be joining the Aerovance team as the company advances its unique pipeline to meet significant unmet medical needs in the field of allergy and pulmonary medicine," said Dr. Otulana. "Aerovant and Aeroderm represent a new class of compounds which, if successful in developm
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SOURCE Aerovance Inc.
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