CONCORD, Calif.--(BUSINESS WIRE)--Oct. 25, 2007--Cerus Corporation
(NASDAQ:CERS) announced today that it has elected Gail Schulze to the
company's board of directors. Ms. Schulze's appointment raises the
number of directors to seven, of which five are independent. Ms.
Schulze has held senior management positions at YM Biosciences, Inc.,
Eximias Pharmaceutical Corporation, Aventis Behring LLC, Allegiance
Healthcare Corporation, and Baxter Healthcare Corporation. "We are pleased to welcome Gail Schulze to our Board of
Directors," said B.J. Cassin, Chairman of Cerus Corporation. "Gail
brings considerable operational and managerial experience in
multi-national biotechnology and pharmaceutical companies to our board
and her experience in the plasma fractionation business will be
particularly relevant in providing insight to our commercialization
efforts." Ms. Schulze most recently was CEO of YM Biosciences US and
president, YM Biosciences, Inc., a global biopharmaceutical
organization with three late-stage oncology programs. Prior to joining
YM Biosciences in 2006, she was president, CEO and director of Eximias
Pharmaceutical Corporation, also a late-stage biopharmaceutical
company focused on oncology. From 2001 to 2004, Ms. Schulze was COO
and deputy CEO of Aventis Behring LLC, a fully independent biologics
subsidiary of Aventis, and from 1997 to 2001, was senior executive
vice president and chief commercial officer. From 1996 to 1997 she was
corporate vice president of Allegiance Healthcare Corporation, where
she led the creation and management of the Cost Management Services
group of divisions. From 1979 to 1996 Ms. Schulze held multiple
positions within Baxter Healthcare Corporation focused on the global
development and commercialization of chronic therapies, most recently
as president of the US Managed Care division and president of Renal
Division Europe. Ms. Schulze has served on multiple private and public boards and
currently sits on the board of YM Biosciences, Inc., a public
biotechnology company. She received a BA with highest honors in
psychobiology from the University of California, Santa Cruz, studied
neurophysiology at the University of Wisconsin and received her MBA
from Stanford Graduate School of Business. ABOUT CERUS Cerus Corporation is a biopharmaceutical company that develops and
commercializes novel, proprietary products in the fields of blood
safety and immunotherapy designed to provide safer, more effective
medical options to patients in areas of substantial unmet medical
needs. In the field of blood safety, the company is developing and
commercializing the INTERCEPT Blood System, which is based on the
company's proprietary Helinx technology. The system is designed to
enhance the safety of donated blood components by inactivating
viruses, bacteria, parasites and other pathogens, as well as
potentially harmful white blood cells. In the field of immunotherapy,
the company is employing its proprietary attenuated Listeria vaccine
platform to develop a series of novel therapies to treat cancer, and
it is applying its proprietary Killed But Metabolically Active
technology platform in the research and development of prophylactic
and therapeutic vaccines for infectious diseases. INTERCEPT, INTERCEPT Blood System and Helinx are trademarks of
Cerus Corporation.
CONTACT: Cerus Corporation
Myesha Edwards, 925-288-6017
Corporate Communications & Investor Relations SOURCE: Cerus Corporation
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