Announces Appointment of John Walker as Chairman of the Board

May 16, 2000, 01:00 ET from

    SAN FRANCISCO, May 16 /PRNewswire/ --, the global hubsite for
 the life sciences industry, today announced the appointment of John Walker as
 Chairman of the Board.  He succeeds Jennifer King, founder of the company, who
 remains on the board.  Mr. Walker, who currently serves as Chairman and CEO of
 Axys Pharmaceuticals, brings a tremendous amount of industry experience to at a time in which the company anticipates a period of growth in
 products and services for the life sciences market.
     " represents the future of doing business in the life
 sciences," said Mr. Walker.  "This is an industry where information delivery
 can have a tremendous impact. has effectively applied technology
 to facilitate information and product exchange to accelerate the efficiency
 and productivity of discovery, development and commerce of the life sciences
 industry.  This will result in a powerful Internet company with a recognized
 brand name that will lead the industry into the 21st century."
     "I'm delighted that John is moving into an active leadership role at," said Ms. King.  "I believe the company stands to reap
 tremendous benefit from the application of John's significant operational
 experience to the position of Chairman."
     Mr. Walker additionally holds Chairman of the Board positions at Microcide
 Pharmaceuticals Inc. and Signal Pharmaceuticals Inc., and also sits on the
 boards of Geron Corporation and the Biotechnology Industry Organization (BIO).
     Mr. Walker began his career at American Hospital Supply Corporation, where
 he ultimately served as president of The Hospital Company, a $1.5 billion
 distributor of medical, surgical and other hospital supplies.  Subsequently he
 was Chairman and CEO of Vitaphore Corporation, a biomaterials company,
 acquired by Union Carbide Chemical and Plastics.
     "John brings to us a wealth of experience in the life-sciences industry
 and supply chain management," said Scott Clarke, Chief Operating Officer and
 interim CEO.  "His decision to join enhances the management and
 leadership of our growing company."
     Mr. Walker received his B.A. from the State University of New York, at
 Buffalo.  He has conducted graduate business studies at Columbia School of
 Marketing, Wharton School of Finance, and Northwestern University Institute of
     About ( is the global hubsite for the life
 sciences industry.  The company has created a point of convergence for those
 who work in the industry by providing Community, Content and Commerce on a
 feature-rich platform. is dedicated to accelerating discovery in
 the life sciences by facilitating exchange crucial to the industry through the
 application of contextual commerce, an end-to-end e-commerce solution. attracts over 2 million page views per month from over
 300,000 unique visitors seeking real-time industry news, information
 resources, investment data, company profiles, stock quotes, employment
 listings, and an innovative business-to-business (B2B) supply solution
 developed cooperatively with the National Institute of Health (NIH).