SAN DIEGO, July 1, 2005 /For Immediate Release/ -- NOD Pharmaceuticals, Inc. today announced appointment of Zhi Yang and Damien Lim as directors.
"Both Zhi & Damien mean a lot to the Company, Zhi has special business acumen and Damien is a fantastic financier," William Lee, CEO and sole director of NOD Pharmaceuticals before this appointment explains. "Now, at Board level, we have a talented, experienced and balanced team."
Dr. Zhi Yang received his Ph.D. from Harvard and his postdoctoral training at Rockefeller. He has worked in a number of biotech companies from scientific to management positions. Mr. Damien Lim is trained in financing and business management. Both Dr. Yang and Mr. Lim are General Partners of BioVeda Capital, a venture capital firm based in Redwood City and Singapore (www.biovedavc.com.)
NOD Pharmaceuticals is a biopharmaceutical company focusing on innovative drug delivery, particularly non-invasive delivery of macromolecular drugs such as insulin and interferon. NOD Pharmaceuticals uses proprietary nano-particle oral delivery or NOD technology to develop oral formulations of biopharmaceutical products.