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2008 Compensation and Entrepreneurship Report Highlights Executive Compensation Trends at Emerging Life Sciences Firms
Date:11/6/2008

mpanies throughout the United States took part in the survey which delved into the compensation, bonus, and equity packages of 13 key executive positions, including Chief Executive Officer, President/Chief Operating Officer, Chief Financial Officer, Chief Scientific Officer/Head of Research & Development, Chief Business Officer/Head of Business Development, Heads of Clinical Research, Regulatory Affairs, Manufacturing, Sales, Marketing, Engineering, Human Resources, and Chief Technology Officer. Data is analyzed in aggregate with detailed views by position looking at: industry vertical, product stage, headcount, geography, founder status, and financing stage.

J. Robert Scott

J. Robert Scott is a global, retainer-based executive search firm specializing in recruiting senior executives for companies in the technology, biomedical, biopharmaceutical, financial services, and higher education/not for profit fields. J. Robert Scott is headquartered in Boston, Massachusetts with offices in San Francisco, London, Hong Kong, and Singapore. Additional information about the firm can be found at http://www.j-robert-scott.com.

Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 135,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. For more information, please visit http://www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity.

This news release has been issued by Ernst & Young LLP, a member firm of Ernst & Young Global Limited.

Wilmer Cutler Pickering Hale and Dorr LLP

WilmerHale provides legal representation across a comprehens
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