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MacroGenics' Board of Directors Elects Paulo F. Costa as Chairman
Date:9/19/2013

ROCKVILLE, Md., Sept. 19, 2013 /PRNewswire/ -- MacroGenics, Inc. today announced its Board of Directors has elected Paulo F. Costa as its new Chairman. The company also announced that Dr. David C. Stump is joining its Board of Directors, both effective September 18, 2013.

Paulo Costa has served on MacroGenics' Board as a Director since 2009.  Mr. Costa was the former Chairman of the Board of Amylin Pharmaceuticals, Inc. and is the former President and Chief Executive Officer of Novartis U.S. Corporation. While at Novartis, he held a number of other roles including Head of the Americas, and President and Chief Executive Officer of Novartis Pharmaceuticals Corporation, Novartis' largest pharmaceutical business. He was responsible for the entire General Medicine business in North and Latin America. Prior to joining Novartis, Mr. Costa worked at Johnson & Johnson for 30 years, where he served as President of Janssen Pharmaceutica, Executive Vice President, Global Franchise Development, and was a member of Johnson & Johnson's Pharmaceutical Group Operating Committee. He has more than 25 years of general management experience, having launched over 10 pharmaceutical products in various therapeutic areas in the U.S. market. Mr. Costa earned his M.B.A. from Harvard Business School and is a graduate of the Sao Paulo School of Business Administration, in Brazil.  He is currently a member of the Board of Directors of Purdue Pharma Inc., Helsinn Therapeutics Inc. and Oncology Trials Insights.

"Over the past several years, I have had the great opportunity to work closely with Paulo and have been impressed with his leadership and the depth and breadth of his industry knowledge," said Scott Koenig, M.D., Ph.D., President and CEO of MacroGenics. "We are very pleased to welcome P
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SOURCE MacroGenics, Inc.
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