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FOR IMMEDIATE RELEASE

GERALD FINK, Ph.D. TO JOIN GLYCOFI SCIENTIFIC ADVISORY BOARD

Lebanon, NH (February 16 , 2006) – GlycoFi announced today that Gerald Fink, Ph.D. of the Whitehead Institute and MIT has joined GlycoFi’s scientific advisory board. Dr. Fink is well known for his seminal contributions to the area of yeast biology, and has developed baker's yeast as a model for studying the fundamental biology of all organisms.
 
“We are very excited to welcome Dr Fink to GlycoFi’s scientific advisory board. As a pioneer in the area of yeast biology we look forward to Dr. Fink’s input and leadership on the board,” said Tillman Gerngross, Ph.D., GlycoFi’s chief scientific officer.

Dr. Fink is a founding member of the Whitehead Institute and American Cancer Society Professor of Genetics at MIT. He was director of the Whitehead from 1990 to 2001. Dr. Fink received his PhD degree in genetics from Yale University and served for 15 years on the faculty of Cornell University. A past president of the Genetics Society of America, he is a member of the National Academy of Sciences, a fellow of the American Academy of Arts and Sciences, and a member of the Institute of Medicine.
 
"I have followed with great interest the progress GlycoFi has made in engineering Pichia pastoris for use in humanizing and producing proteins of pharmaceutical importance. This was a tour de force in genetic engineering with the potential to make significant contributions to the drug discovery process,” said Dr. Fink.

About GlycoFi

GlycoFi is a private, venture-backed, biotechnology company whose investors include Polaris Venture Partners, SV Life Sciences, Boston Millennia Partners, and Fletcher Spaght Ventures. GlycoFi leverages its pioneering protein optimization technology to develop, produce and commercialize Next Generation Biotherapeutics™, alone and in partnership with other leading biopharmaceutical companies. For additional information please visit www.glycofi.com.

GlycoFi Contacts:

James Posada, Ph.D., MBA
Senior Vice President
Business & Market Development, GlycoFi
jposada@glycofi.com
(603) 727-5181

Joan Kureczka
Kureczka/Martin Associates
jkureczka@comcast.net
(415) 821-2413