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Discovery Labs Appoints John R. Leone to Board of Directors
Date:11/14/2012

WARRINGTON, Pa., Nov. 14, 2012 /PRNewswire/ -- Discovery Laboratories, Inc. (Nasdaq: DSCO), a specialty biotechnology company dedicated to advancing a new standard in respiratory critical care, today announced it has appointed John R. Leone to the Company's Board of Directors, effective immediately.

"With over three decades of experience and an outstanding track record in pharmaceutical operations, commercial portfolio management, and financing life science companies, John's expertise will be invaluable to our Board," said W. Thomas Amick, Chairman of the Board and Chief Executive Offer at Discovery Labs, "As we prepare for the commercial launch of SURFAXIN® and continue the development of AEROSURF® and SURFAXIN LS™, John will bring an important perspective in guiding the business and financial strategies we employ as we build our Company."

Since 2007, Mr. Leone has been a Partner at Paul Capital Healthcare, a leading private equity firm that manages one of the largest dedicated healthcare funds globally.  At Paul Capital, Mr. Leone has focused on investment opportunities in commercial-stage life science companies.  From 2004 to 2006, Mr. Leone was President and Chief Executive Officer at Cambrex Corporation, a publicly-traded life sciences company providing innovative solutions that accelerate the development and commercialization of pharmaceutical products.  Previously, Mr. Leone served as Senior Vice President and Chief Operating Officer of U.S. Commercial Operations at Aventis Pharmaceuticals.  In this position he had responsibility for all commercial business units, including oncology, metabolism, cardiovascular, dermatology, respiratory and anti-infective.  Mr. Leone played a key role in spearheading the successful integration of its predecessor companies, Rhone-Poulenc Rorer and Hoechst Marion R
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SOURCE Discovery Laboratories, Inc.
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