FluGen Announces C. Boyd Clarke Has Been Named Executive Chairman

FluGen Inc. announced today that C. Boyd Clarke has joined the Company as Executive Chairman effective immediately. Mr. Clarke will replace Dr. Dan Stinchcomb, Chief Scientific Officer at the Infectious Disease Research Institute (IDRI) in Seattle, Washington. Dr. Stinchcomb will remain on the board of directors as an independent member.

Mr. Clarke’s original training in the pharmaceutical and vaccine industry was received at Merck and Company, where he held several positions, including Vice President of the Merck Vaccine Division and the founding President of Pasteur-Merieux MSD, a European joint venture that commercialized vaccines in the European Union. Since leaving Merck in 1996, his career has focused on leading and advising smaller developmental biotechnology and vaccine companies including Aviron, the developer of FluMist™, which he sold to MedImmune in 2001. In total Mr. Clarke has been responsible for $2.3 billion in vaccine and biotechnology mergers.

“Boyd brings to FluGen a wealth of vaccine leadership experience from both private and public companies and at a particularly important time for the Company,” said Dr. Paul Weiss, Managing Director at Venture Investors, and FluGen Investor. “His reputation for generating value and transforming it into corporate transactions is well established. This is the perfect time for Boyd to take on this role.”

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