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The Pittsburgh Life Sciences Greenhouse Announces New Chairman of the Board
Date:12/7/2007

PITTSBURGH, Dec. 7 /PRNewswire/ -- The Board of Directors of the Pittsburgh Life Sciences Greenhouse (PLSG), the organization providing capital investments and customized company formation and business growth services to the region's life sciences enterprises, today announced the approval of the nomination of Dr. D. Lansing Taylor as the new Chairman of the Board of the PLSG.

In making the announcement, outgoing Co-Chairs Mark Nordenberg and Dr. Jared Cohon remarked, "We are extremely proud to hand over the leadership of the PLSG Board to Lans. He is an exceptional regional advocate for the development of life sciences innovation, a seasoned entrepreneur and an exemplary leader. We look forward to a productive and successful year, and we welcome our new board chair as we continue our work to establish the Pittsburgh region as a dominant player in the life sciences."

As incoming Chairman of the Board Dr. Taylor said, "I am honored to work with such a tremendous group of board members and PLSG staff and I am confident we can make 2008 one of the most proactive and defining years in PLSG's history. We will build on the momentum and accomplishments set forth by Chancellor Nordenberg and President Cohon to commercialize life sciences technologies while providing an improved quality of life for the world's citizens."

The Board also thanked Dr. Cohon and Chancellor Nordenberg for their 5+ years of dedication and service as the founding Co-Chairs of the PLSG. Mr. John W. Manzetti, President and CEO of the PLSG added, "The PLSG has made great progress under the direction of Dr. Cohon and Chancellor Nordenberg, with over 200 life sciences companies in the PLSG portfolio and $9.5M of direct investments in more than 45 companies." Mr. Manzetti further commented, "The Co-Chairs have been exceptionally supportive and have contributed greatly in the repositioning of the PLSG since I joined as CEO. Without their help, we could not have made the impact no
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SOURCE Pittsburgh Life Sciences Greenhouse
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