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Christian S. Schade to Join Omthera Pharmaceuticals as Executive Vice President and Chief Financial Officer
Date:8/4/2011

to become a leading pharmaceutical development company, raising capital through a series of public capital market and asset monetization transactions.  While there, in addition to overseeing the manufacturing of multiple development/clinical programs, he also directed the business development team in the pursuit of key licensing agreements and potential acquisition opportunities, and spearheaded the company's investor relations outreach.  

Before joining Medarex, Mr. Schade served as Managing Director at Merrill Lynch in London, where he was head of the European Corporate Funding Group and was responsible for certain capital markets activities of Merrill Lynch's European corporate clients.  He also held various corporate finance and capital markets positions in New York and London for both Merrill Lynch and JP Morgan Chase & Co.  Mr. Schade received an A.B. degree from Princeton University, and received an M.B.A. from the Wharton School at the University of Pennsylvania.  An active member of the community, Mr. Schade currently serves as Chairman of the Board of Trustees of Princeton Academy of the Sacred Heart and coaches boys youth lacrosse. He also serves on the Board of Directors at Integra Life Sciences (IART).

Mr. Schade noted, "I am excited about reentering the health care industry and delighted to join Omthera's management team at this exciting time in the Company's development. I  look forward to utilizing my experiences to assist the Company as it plans ahead for the potential commercialization of an important product; I believe that Epanova has the potential to be a market leader in the large and rapidly growing market for Omega 3 therapeutics. I am very much looking forward to being a part of the team bringing this product to market, with the potential to benefit a large patient population."

About Omthera Pharmaceuticals, Inc.Founded in 2008, Omthera Pharmaceuticals, Inc. is a privately-held, emerg
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SOURCE Omthera Pharmaceuticals, Inc.
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