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Jan Ake Gustafsson, M.D., Ph.D., Joins Bionovo's Scientific Advisory Board
Date:2/9/2009

EMERYVILLE, Calif., Feb. 9 /PRNewswire-FirstCall/ -- Bionovo, Inc. (Nasdaq: BNVI) announced today the appointment of Jan Ake Gustafsson, M.D., Ph.D., to the company's Scientific Advisory Board. Dr. Gustafsson has extensive experience in academic research as well as with pharmaceutical and biotech companies.

"We are very excited to have Dr. Gustafsson on the scientific advisory board as we are advancing our discovery platforms," said Isaac Cohen, O.M.D., Bionovo's Chairman and CEO. He added, "Dr Gustafsson, a member of the National Academy of Sciences, member of the Nobel Assembly and member of the Council of The Endocrine Society, is a pioneer in biomedical research. Jan Ake's contributions to medical science are numerous. Dr. Gustafsson's landmark discovery of the estrogen receptor beta (ERB) transformed the future of women's health and our ability to select safer more targeted therapies for various indications. We are looking forward to collaborating with him on current and future indications involving nuclear receptors."

Dr. Gustafsson states, "I'm very impressed by the scientific depth and innovative approach of Bionovo's drugs and drug discovery strategies. The utilization of natural compounds found in botanical sources, the targeted mechanisms of action seem to result in safer drugs with exciting clinical results. I believe the extensive pipeline of Bionovo will provide new therapies for women. I hope our collaboration will further expand therapeutic choices for a number of significant diseases with unmet needs."

In the early 1970s, Dr. Jan-Ake Gustafsson began making his first pivotal contributions to the field of nuclear receptors, which are proteins that regulate hormone function and are essentially involved in the regulation of all aspects of health and disease. He has since published more than 1,300 p
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SOURCE Bionovo, Inc.
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