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André Pernet joins Bionest Partners as associate member

Former Abbott officer and vp brings extensive industry experience to Bionest's advisory and management services team
 
Paris, July 8, 2004--Bionest Partners, a provider of advisory and management services to life science companies, announces today the appointment of Dr André Pernet as associate member focused on technology assessment and management for pharmaceutical and biotechnology companies.

Dr Pernet, 59, was corporate officer and Vice President, Pharmaceutical Products Research and Development with Abbott Laboratories, where he headed an organization of 2,700 scientists with an annual budget responsibility of 600 million dollars. During his tenure, he developed drugs in the areas of schizophrenia, manic depression, analgesia, epilepsy, prostate hypertrophy, anti-infectives and strokes.   

Among his accomplishments is the worldwide development of the antibiotic Biaxin (clarithromycin), the sales of which peaked at 1.2 billion dollars. He spearheaded AIDS research at Abbott and developed Norvir, one of the three breakthrough protease inhibitors which together reduced mortality in AIDS patients by 74 percent. He also initiated the discovery and development of Kaletra, now a major therapeutic tool in HIV treatment. In February 1999, Pernet's team was awarded the Prix Galien International, one of the highest distinctions for medical and scientific contribution.

Between 2000 and mid-2002, Dr. Pernet served as Chairman & CEO of Genset, a European genomic company which was successfully sold to Serono. He currently holds a number of other directorships including Quark Biotech, Kaleidos Pharmaceuticals Inc and ViroChem.

"André Pernet's decision to add his world-class experience to the growing team at Bionest is a welcome endorsement of our position as one of the fastest growing high quality international consultancies," said Alain J Gilbert, cofounder and managing partner of Bionest Partners. "Our clients will benefit from his know-how and network of contacts in the world of corporate R&D and finance."

Bionest has built up an accomplished and experienced team offering both enterprise and start-up clients wide-ranging expertise in pharmaceuticals and specialty pharmaceuticals, biotechnology, and medical devices.

"Bionest is achieving great things in the field of management and advisory services in the life science and medical device sectors," said Pernet. "I look forward to bringing my own particular experience to solving client challenges."
For more information on Bionest Partners: http://www.bionest.com
 
Nicolas Isla

ANDREW LLOYD & ASSOCIATES
www.ala.com

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