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Sinobiomed Announces New Executive Team
Date:2/17/2009

NEW EXPERIENCED MANAGEMENT TO MOVE SWIFTLY ON LICENSING, FUNDING, ACQUISITION AND INFORMATION MANAGEMENT INITIATIVES TO ACCELERATE GROWTH

SHANGHAI, China, Feb. 17 /PRNewswire-FirstCall/ -- The Board of Directors of Sinobiomed Inc. ("Sinobiomed," or "the Company") (OTC Bulletin Board: SOBM) is pleased to announce the appointment of a new executive management team to accelerate the Company's growth.

The new management team members are:

  • Dr. Anchie Kuo, incoming President and Chief Executive Officer who expects to join the Board of Directors in the future. Dr. Kuo has 20 years of management experience in biotechnology and healthcare firms, most recently as CEO of ARC Medical. He was a founder and managing director of Bank America Venture Partners (now Scale Partners), a $600 million private equity firm and Genaissance Healthcare Fund, a healthcare focused hedge fund, where he focused on investments in the healthcare sector including biopharmaceuticals
  • Lionel Choong, recently appointed Chief Financial Officer who expects to also join the Board of Directors in the near future. A former partner with Deloitte Touche Tohmatsu, Mr. Choong has 20 years of experience in corporate finance, business development, IPO and M&A, and financial management and reporting in a variety of industries in Hong Kong, China and overseas, most recently as head of corporate finance of Kennic L.H. Lui & Co, a CPA firm in Hong Kong.
  • Brent Suen, Head of Strategic Development and Mergers and Acquisitions. Mr. Suen has more than 20 years of experience in the investment industry, both as an investor and an operator of companies, most recently as Executive Director of IRG, where he oversaw deal sourcing and execution for the advisory business for the IRG TMT Asia Fund, primarily in Technology and Life Science companies.
  • Christopher Metcalf, inc
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SOURCE Sinobiomed Inc.
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