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NuMe Health Announces Closing of Series A-1 Financing Round
Date:7/26/2011

ado State University and MS and PhD degrees from the University of Colorado, Boulder.   Dr. Stull is replacing NuMe Health founding CEO Dale Pfost.  Dr. Pfost, who is currently a partner at Advent Ventures, continues as a director of NuMe.  Dr. John Elstrott, chairman of Whole Foods Market and a clinical professor of entrepreneurship at Tulane University's Freeman School of Business, continues as chairman of NuMe Health.

"The Human Microbiome Project is rapidly expanding our understanding of the integral role our resident microorganisms play in key aspects of health, making it possible for a biotechnology innovator like NuMe to apply rigorous science to develop prebiotic products for improved disease prevention and management," said Dr. Elstrott.  "I am pleased to welcome medical foods veteran Dean Stull as CEO and want to thank Dale Pfost for his vision in launching the company and helping to complete this financing."

Dr. Frank Greenway, a member of the Scientific Advisory Board (SAB) of NuMe Health, is chief of Outpatient Clinic and a noted researcher in the Divisions of Obesity and Functional Foods at the Pennington Biomedical Research Center, an affiliate of Louisiana State University that is at the forefront of medical research in such chronic diseases as obesity and diabetes.  Dr. Greenway noted, "Emerging research on the human microbiome suggests that novel approaches such as prebiotics may have great potential in the prevention and management of diabetes and other weight-related disorders.  I applaud NuMe for its commitment to evidence-based product development in this exciting new field and look forward to serving on the NuMe SAB as the company advances its product candidates into clinical testing."

The company also announced that it has moved into the newly opened New Orleans BioInnovation Center (NOBIC), a technology business incubator created to foster entrepreneurship within the New Orleans bioscien
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