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SALSS: Leading International Life Science Investors Converge at the Swedish-American Life Science Summit in Stockholm, Sweden, on August 17th and 18th 2006.


STOCKHOLM, Sweden -- The organizers of the Swedish-American Life Science Summit today announced the final details on the Life Science Summit, which takes place in Stockholm, Sweden on August 17th and 18th.

Ms.Barbro Ehnbom, Chairman of the Swedish-American Life Science Summit issued the following statement: "We are delighted to be able to invite some of the worlds most influential Life Science investors back to this second Swedish-American Life Science Summit. Building on the tremendous success of last year, this year we expect even more interesting insights and exciting announcements of both new biotechnology breakthroughs and successful investment transactions. I am particularly happy that last year's keynote speaker, Mr. Frederick Frank, Vice Chairman of Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking.  and a legend in the Life Science Industry, has agreed to become the Official Advisor to the Swedish-American Life Science Summit".

The Summit will take place at the headquarters of the Kreab Group and will be moderated by Mr. Udayan Gupta, former Venture Capital Editor for the Wall Street Journal. It will offer a broad view analysis of Swedish-American Life Science investments, covering both companies and technologies, and focusing in particular on changes in international investment strategies and collaboration methods.

Confirmed speakers include:

Dr. William Haseltine, Founder and Chairman of Human Genome Sciences Human Genome Sciences NASDAQ: HGSI is a biopharmaceutical corporation founded in 1992. Its stated purpose is to "discover, develop, manufacture and market innovative drugs that serve patients with unmet medical needs, with a primary focus on protein and antibody drugs. ; Mr. Jay Lobell, President of Paramount BioCapital; Senator Larry Pressler Larry Lee Pressler (b. March 29, 1942) is a U.S. Republican politician. He holds the distinction of being the first Vietnam veteran to be elected to the United States Senate.  (Ret.); Mr. William Gedale, Managing General Partner, NGN (Next Generation Networks) An umbrella term for mixed voice and data networks running over the IP protocol. See IP Multimedia Subsystem.  Capital; Dr. Yuval Binur, General Partner, Accelerated Technologies; Dr. Laurent Leksell, Founder and Director, Elekta AB; Professor Matthias Uhlen, KTH KTH - Kungliga Tekniska Högskolan  Biotechnology and Professor Hans Wigzell, Scientific Advisor to the Swedish Government, Mr. Peter Ehrenheim, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , GE Healthcare GE Healthcare is a $18 billion (USD) unit of General Electric (GE). It employs more than 46,000 people worldwide and is headquartered in Chalfont St. Giles, Buckinghamshire, United Kingdom. GE Healthcare is the first GE business segment headquartered outside the United States.  Life Science; Niklas Prager, CEO, Pfizer AB.

The Summit is supported by Prime Minister Goran Persson, who in his welcoming letter to the delegates writes: "Just as I did last year, I welcome this Summit as a great initiative, strengthening the cooperation between the largest market in the world, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and one of the most vibrant research regions, Sweden." About the Summit

The Swedish-American Life Science Summit 2006 is the second in a series of annual summer summits in Stockholm. It is an invitation-only event that features world-leading Life Science executives, researchers and investors. The summit serves as a unique meeting point for select decision makers from both the United States and Sweden.

Detailed information about the Swedish-American Life Science Summit can be found at www.swedishamericanlifescience.com.

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Publication:Business Wire
Date:Aug 16, 2006
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