PALO ALTO, Calif., Aug. 9 /PRNewswire/ -- Nanosys, Inc., a leading
nanotechnology company, today announced that Peter S. Garcia has joined the
company as its Chief Financial Officer.
Mr. Garcia brings extensive executive expertise to Nanosys with over 19
years experience in various financial roles at both start-up and public
biotechnology and high technology companies. Prior to Nanosys, Mr. Garcia was
Senior Vice President and Chief Financial Officer of Nuvelo Inc. (Nasdaq:
NUVO), a biopharmaceutical company. During his tenure at Nuvelo, he helped
raise over $150 million, acquired development stage products, and led the
merger and acquisition strategy. Prior to Nuvelo, Mr. Garcia served as Chief
Financial Officer for Novacept Inc., IntraBiotics Pharmaceuticals, and
Dendreon Corporation. He was instrumental in raising over $500 million for
these companies. His prior financial operations experience comes from Amgen
Inc. and Teradata Corporation where he held a variety of financial management
positions. Mr. Garcia has an M.B.A. from the Anderson School at University of
California Los Angeles and a B.A. in Economics and Sociology from Stanford
"We are extremely pleased with Pete joining the Nanosys team," says Calvin
Chow, Nanosys CEO and co-founder. "Pete's demonstrated accomplishments across
multiple industries from computing to biotechnology make him ideal for
addressing the diverse and numerous opportunities that Nanosys is presented
Peter Garcia said, "I am excited and energized at the opportunity to be
joining a company with the potential to develop products that revolutionize
the way companies do business. Nanosys' technology, intellectual property, and
scientific and business leadership provide a compelling competitive advantage
in the field of nanotechnology."
Nanosys, Inc. is a leader in the development of nanotechnology based
products utilizing inorganic nanostructures. Nanosys has built one of the
broadest technology platforms in the industry with more than 250 patents and
patent applications covering fundamental areas of nanotechnology. Based in
Palo Alto, Calif., Nanosys collaborates with industry leaders including
Dupont, Intel, Matsushita Electric Works and SAIC to develop revolutionary
high-value, high-performance products for computing, optoelectronics,
communications, energy, defense and the life and physical sciences.
CEO, Nanosys, Inc.
SOURCE Nanosys, Inc.