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caprotec bioanalytics GmbH Appoints Prof. Dr. Rainer Metternich as Managing Director, Chief Business Officer and Chief Operating Officer
Date:10/4/2010

BERLIN and BURLINGTON, Mass., Oct. 4 /PRNewswire/ -- caprotec bioanalytics GmbH announced today the appointment of Prof. Dr. Rainer Metternich as Managing Director, Chief Business Officer and Chief Operating Officer of the company.  Prior to joining caprotec, Prof. Metternich held senior leadership positions at Merck & Co., Schering AG and Novartis.

"Professor Metternich is a prominent and respected leader in the global pharmaceutical industry," said caprotec founder and CEO Prof. Dr. Hubert Koster. "We are delighted to have him join caprotec's management team.  His leadership experience, comprehensive knowledge of the drug discovery and development process, and international research network are exactly what we need for the future growth of our company."

"caprotec's exciting CCMS technology has an enormous potential to increase the success rate of drug development due to its capability to determine drug targets and mode of action and to understand adverse side effects causing protein interactions early in the drug development process," stated Prof. Metternich. "Of particular value is that this information can be generated from the human proteome, including the medically most important membrane proteins.  Thus CCMS has the potential to address one of the most daunting issues of the drug development process: the attrition rate."

"The technology has already been validated by proof-of-concept experiments, described in experimental detail in several peer-reviewed publications and has led to several research collaborations with the pharmaceutical industry," continued Prof. Metternich.  "I look forward to contributing to the successful commercialization of this technology in its broad range of applications."

"From an investor's point of view, this is the ideal situation.  caprotec has now completed its management team with scientific, managerial and entrepreneurial skills on a world-class level," stated
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SOURCE caprotec bioanalytics GmbH
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