Motorola's Rudyard Istvan Joins Iconix's Board of Directors
MOUNTAIN VIEW, Calif., Sept. 20 /PRNewswire/ -- Iconix Pharmaceuticals, a chemical genomics-based biotechnology company, today announced that Rudyard L. Istvan has joined the Company's Board of Directors. Mr. Istvan's participation comes as part of the recently announced partnership between Iconix and Motorola (NYSE: MOT) to enable the development of Iconix's next generation chemical genomics database system, called ChemExpress(TM). Mr. Istvan brings to Iconix over twenty years of experience in new business creation, strategic planning and financing, and is a pioneer in the emerging convergence between the hi-technology and life sciences industries. He is a Senior Vice President of Motorola, Inc. and General Manager of Future Businesses. Mr. Istvan has worldwide responsibility for identifying and developing new business platforms, venture capital investing and licensing certain classes of technology to outside interests. He heads Motorola's life sciences initiative, which includes Motorola's BioChip Systems Division, and Clinical Microsensors, the newest of the new business platforms. Prior to joining Motorola in 1991, Mr. Istvan was a Senior Vice President of Boston Consulting Group. Mr. Istvan holds a B.A. summa cum laude in economics from Harvard College, a J.D. cum laude from Harvard Law School, and a M.B.A. from Harvard Business School where he was Baker Scholar. He is a member of the Massachusetts Bar, holds six U.S. patents and is the author of several publications. In addition to Iconix, Mr. Istvan sits on the boards of directors for Global Medical Products, Inc., Tissue Informatics, Inc., First International Digital Corp., and Hadley School for the Blind. "Rud possesses a unique blend of scientific, business, operational and deal-making expertise, and I am pleased to welcome him to our Board," said Keith Bostian, Iconix's President and Chief Executive Officer. "I am certain that he will make an important contribution in our efforts to develop and launch the ChemExpress database system."
About Iconix Iconix Pharmaceuticals, Inc., is a technology leader in the field of chemical genomics. Iconix's integrated platform technologies allow pharmaceutical and biotechnology researchers to rapidly advance novel proteins and drug targets identified by genomic studies into small-molecule drug discovery, diagnostic and other therapeutic programs. In addition to Motorola, Iconix collaborates with other drug discovery and development companies, including Metabolex, Inc. in the field of Type II diabetes, and Microcide, Inc. (Nasdaq: MCDE), Iconix's parent company and a shareholder, in the field of viral genomics. For more information, visit Iconix at iconixpharm.com .
About Motorola Motorola, Inc., is a global leader in providing integrated communications solutions and embedded electronic solutions. Sales in 1999 were $33.1 billion. For more information, visit Motorola at motorola.com . Motorola BioChip Systems was established in 1998 to develop products which enable the delivery of better healthcare through the understanding and practical application of genomics. The business unit is currently developing a family of biochip products and services for research and diagnostic applications. The products under development at Motorola BioChip Systems will enable scientists and healthcare professionals to quickly and accurately analyze the DNA, RNA and proteins in living cells and enable the delivery of more individualized healthcare. NOTE: Motorola and the Motorola logo are registered trademarks of Motorola Inc.
SOURCE Iconix Pharmaceuticals, Inc. Web Site: iconixpharm.com |