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Nastech Pharmaceutical Company Announces Promotion of Rick Costantino, Ph.D., to Chief Scientific Officer of Delivery
Date:10/4/2007

BOTHELL, Wash., Oct. 4 /PRNewswire-FirstCall/ -- Nastech Pharmaceutical Company Inc. (Nasdaq: NSTK) announced today the promotion of Henry "Rick" Costantino, Ph.D., to Chief Scientific Officer of Delivery. Dr. Costantino will assume the responsibilities for leading Nastech's development of new drug delivery technologies for peptide and protein therapeutics. Paul Johnson, Ph.D., Nastech's Chief Scientific Officer since 2003, is retiring tomorrow, October 5, 2007, as was previously announced.

"Nastech continues to rapidly advance new technologies for the development of non-invasive delivery options for peptide and protein therapeutics," stated Steven C. Quay, M.D., Ph.D., Chairman, President and CEO of Nastech. "Rick's promotion ensures that we will maintain strong scientific leadership and continuity in our research efforts as we expand our capabilities in this area. He will concentrate on advancing the development of new drugs and delivery systems for peptide and protein drugs."

Dr. Quay added, "I would like to thank Dr. Johnson for his many years of dedicated service to Nastech. During his tenure as Chief Scientific Officer, Nastech's drug delivery technologies have made significant advances. We wish Paul well in his future endeavors."

"As Chief Scientific Officer of Delivery, I am pleased to have the opportunity to direct the outstanding pharmaceutical development team here at Nastech to develop new approaches for the delivery of peptide and protein drugs," stated Dr. Costantino. "My experience in the drug delivery industry and at Nastech provides the background to support our goals as we further the advancement of Nastech's drug delivery technologies, providing more opportunities for patients and
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SOURCE Nastech Pharmaceutical Company Inc.
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