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Novasep Appoints a New Chairman for its Supervisory Board

Pietro Stefanutti said, "even if in a more remote position, I will remain a shareholder of the group and will continue to contribute to the group's strategic business development and to its operations in theBahamas". "I am very grateful to Pietro for what he did during the last years, and very pleased to continue working with him during the coming years," added Roger-Marc Nicoud, founder and CEO of Novasep.

After the recent appointments of Patrick Glaser and Steve Stefano as heads of the Novasep Synthesis division and North American business, respectively, Bernard Dubois' arrival demonstrates Novasep's continued commitment towards industry leadership and operational excellence.

As a graduate of the renowned Ecole Polytechnique (France) with an MBA from Cornell University (USA), Bernard Dubois has accomplished a brilliant industrial career including positions as Executive Vice President at Philips Lighting North America (4,000 employees), CEO at Cooper (distribution of pharmaceuticals) and finally Senior Vice President, Head of Global Industrial Operations at Aventis (1997-2005). In this last position, he orchestrated the industrial merger between Hoechst and Rhone-Poulenc, and was in charge of a pharmaceutical production entity of 19,000 employees. Since then, Bernard Dubois has contributed his deep knowledge of the pharmaceutical industry through consulting services.

"I am extremely pleased to welcome Bernard Dubois to head our board. I think that his strategic vision of industrial operations backed by an outstanding track record will be instrumental in helping us to continue building Novasep as the best-in-class manufacturing solution provider for the benefit of our customers, our employees and our shareholders," said Roger-Marc Nicoud.

Bernard Dubois added, "I am excited to be associated and to contribute to the development of Novasep. What Roger-Marc and his team have accomplished in 15 years is remarkable. I believe Novasep has the potential to lead this industry, and I am committed to assist the management team and Novasep's shareholders in making the right decisions for the future."

About Novasep

Novasep develops, markets and operates innovative technologies providing life science industries with safe and cost-effective production of active molecules. The global manufacturing solutions offered by Novasep include process development services; purification equipment and systems; contract manufacturing services; and complex active molecules. They apply to:

    - Synthetic molecules, combining conventional chemistry with
    special technologies and know-how such as hazardous chemistry, asymmetric
    synthesis, HPAPI handling, low temperature chemistry, biocatalysis,
    process chromatography, etc.

    - Biomolecules, with single unit operations or complete
    upstream and downstream processes including fermentation and cell
    culture, innovative batch and continuous purification technologies such
    as membrane processes, ion exchange, chromatography, crystallization and
    formulation.

As end-user of its own technologies, Novasep understands its customers' challenges and shares its experience and know-how to provide the best solution with guaranteed performance.

The applications of Novasep's offering cover the pharmaceutical, biopharmaceutical, food, functional ingredients and bio-industries markets.

The company has six FDA inspected manufacturing plants inFrance,Germany and theBahamas; two biopharmaceutical production sites inBelgium; R&D and equipment manufacturing facilities in theUSA,China andFrance; and an office inJapan. It employs approximately 1,300 people and had annual revenues of EUR 300 million in 2009. More than 2,000 systems designed and produced by Novasep are currently purifying active molecules throughout the world. The company holds more than 200 different patents covering its technologies and processes.

http://www.novasep.com

SOURCE Novasep