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Lynn M. Brusco, Pittsburgh Life Sciences Greenhouse, ( This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ) 412-770-1353

FOR IMMEDIATE RELEASE

The Pittsburgh Life Sciences Greenhouse Builds a Strong Medical Advisory Team
Jerome E. Granato, MD Will Join the PLSG to Help Commercialize Medical Devices

Pittsburgh, May 21, 2007—The Pittsburgh Life Sciences Greenhouse (PLSG) announced today that
Jerome E. Granato, MD will join the PLSG medical advisory team. He is the former Vice Chairman of Allegheny General Hospital’s (AGH) Department of Medicine and now serves as Medical Director of its Coronary Care Unit. His academic appointment is as Assistant Professor of Medicine at Drexel University College of Medicine. Dr. Granato will utilize his extensive medical knowledge and business experience to support the PLSG with its efforts to evaluate medical device commercialization opportunities.

Dr. Granato received his medical degree from the Johns Hopkins University School of Medicine and holds a Masters in Business Administration degree from the J. L. Kellogg Graduate School of Management at Northwestern University. He has over twenty years experience as both an interventional cardiologist and as a business advisor to the healthcare industry.

Dr. Granato will join Paul L. Kornblith, MD who is the PLSG medical advisor currently focusing on the evaluation of the commercialization of therapeutics, biotechnology tools and diagnostics. Dr. Kornblith is the regional director for Pennsylvania Bio and possesses extensive medical practice and research experience and a background as the founder and CEO of Precision Therapeutics, Inc., one of the region’s first medical technology start-ups.

The combined medical experience of Dr. Granato and Dr. Kornblith will augment the PLSG team’s life sciences industry experience, entrepreneurial and company formation abilities and practical business growth background to supply the PLSG’s Concept-to-Commercialization PipelineTM and move technologies through the stages of development.

John W. Manzetti, PLSG President & CEO said, “the PLSG works with a strong team of thought leaders and life sciences experts to ensure that we are accelerating the regional company formation rate while revolutionizing patient care and improving the health and well being of the world’s citizens.” Mr. Manzetti continues, “Dr. Granato’s dedication to patient care, extensive knowledge of and practical business experience in the medical devices industry and reputation for excellence make him an exemplary addition to the PLSG team.”

Commenting on his new role, Dr. Granato stated, “I am excited to join the PLSG because of their commitment and focus on commercializing technologies that will make a difference in patient’s lives and will create growth and wealth for the region. This is an exciting time for the escalation of regional life sciences company formation, and I look forward to being part of the team driving this growth.”   

The Pittsburgh Life Sciences Greenhouse (PLSG) invests in and supports the growth of biosciences companies in Southwestern Pennsylvania.  PLSG has investment and business growth programs to increase the linkage between research, technology and commercialization; nurture and develop entrepreneurial biosciences enterprises; grow the region's talent pool in the life sciences; and help biosciences firms locate, expand or start-up in the Greater Pittsburgh region. www.plsg.com