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Eric Rowinsky, M.D. and Martin Cannon Join Tapestry Board of Directors
Date:12/5/2007

BOULDER, Colo., Dec. 5 /PRNewswire-FirstCall/ -- Tapestry Pharmaceuticals, Inc. (Nasdaq: TPPH) today announced the appointment of Eric K. Rowinsky, M.D., and Martin Cannon to the Company's Board of Directors. Dr. Rowinsky is Senior Vice President and Chief Medical Officer for ImClone Systems, Inc. Mr. Cannon is the President and Chief Executive Officer for New Health Sciences, Inc.

The Company also announced that Arthur Hayes, Jr., M.D. has resigned from Tapestry's Board after eleven years of service. Dr. Hayes informed the Company that his resignation is due to other fiduciary obligations which might potentially interfere with his duties as a Tapestry director.

"We welcome the wealth of oncology drug development and business management experience that Dr. Eric Rowinsky and Martin Cannon are bringing to our board," commented Leonard Shaykin, Chairman and Chief Executive Officer. "We also wish Dr. Hayes the very best in his future endeavors. Arthur is a dear friend of the Company and a man of great integrity; we will miss his counsel."

Dr. Rowinsky is Senior Vice President and Chief Medical Officer for ImClone Systems, Inc. where he is focusing exclusively on the development of novel cancer therapeutics. Previously Dr. Rowinsky served as Director of Clinical Research and later Director of the Institute for Drug Development of the Cancer Therapy and Research Center in San Antonio and the SBC Endowed Chair for Early Drug Development. He was also Clinical Professor of Medicine in the Division of Medical Oncology at the University of Texas Health Science Center at San Antonio. Prior to that, Dr. Rowinsky served as an Associate Professor of Oncology at the Johns Hopkins University School of Medicine. He
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SOURCE Tapestry Pharmaceuticals, Inc.
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