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Jeffrey H. Buchalter Joins MacroGenics Board of Directors as Chairman
Date:9/26/2007

commercialization expertise. During Mr. Buchalter's tenure at ILEX, the company was acquired by Genzyme Corporation for $1.1 billion.

Mr. Buchalter also has held leadership roles at Pharmacia Corporation, Wyeth and Schering-Plough Corporation and has received awards for his commitment to the field of cancer research and development. In particular, he received the American Cancer Society's Joseph F. Buckley Memorial Award and was invited by former President George Bush to serve as a collaborating partner in the National Dialogue on Cancer. Mr. Buchalter received his B.S. in finance from Seton Hall University and a MBA in marketing from Temple University.

About MacroGenics, Inc.

Founded in 2000, MacroGenics is a private, venture-backed biotechnology company headquartered in Rockville, Maryland that focuses on the development, manufacture, and commercialization of immunotherapeutics for autoimmune disorders, cancer and infectious diseases. The company recently began Phase 3 clinical development of teplizumab with its Protg study (http://www.protegediabetes.org) to evaluate the potential of the monoclonal antibody to treat patients with new-onset juvenile diabetes and Phase 1 clinical development of another antibody to treat West Nile virus infections. The company's proprietary Fc engineering technology offers means to improve antibody function, such as enhancing the antibody's ability to eliminate cancer cells, cells that contribute to autoimmune disorders, or those infected with certain pathogens. For more information about MacroGenics, please visit http://www.macrogenics.com.

Statements made in this news release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "believes," "intends," and similar expressions are intended
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SOURCE MacroGenics, Inc.
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