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BOARD OF DIRECTORS
Non Executive Members
Adele C. Oliva
Adele
Oliva is a Partner at Quaker BioVentures
(www.quakerbio.com),
a venture capital firm dedicated to
investing in life science companies
located in the Mid-Atlantic region and
contiguous states. She joined Quaker in
June 2007. Previously, Adele was a
Partner at Apax Partners which she had
joined in 1997 following her selection
as a Ewing Marion Kauffman Fellow in
Venture Capital and Entrepreneurship. At
Apax, she co-led the Healthcare Group in
the United States with a focus on
specialty pharmaceuticals and medical
devices/products. Prior to Apax, she
held positions in marketing and business
development with Baxter Healthcare in
the company's Cardiovascular and I.V.
Systems divisions. Adele's experience
also includes positions with Ogilvy &
Maher, where she was employed in the
firm's office in Hungary, and with
CoreStates Financial Corp., where she
worked as a commercial lending officer
and senior financial analyst. In
addition to EKR Therapeutics, her
experience as a Board member includes
Prometheus Labs, SkinMedica, Esprit
Pharma, Alliance Healthcare Solutions,
ESP Pharma., and Xanodyne
Pharmaceuticals. Adele is a graduate of
Saint Joseph's University and earned an
M.B.A. in Marketing from Cornell
University, where she was awarded a
Fried Fellowship.
Zev
S. Scherl
Zev Scherl
is a General Partner at NewSpring
Capital (www.newspringcapital.com),
a family of private equity funds focused
on the Mid-Atlantic region. He possesses
significant experience in principal
investing, corporate management and
finance, focused exclusively in the life
sciences and health care industries.
Prior to NewSpring, he worked at Pequot
Ventures where he orchestrated
investments in emerging life sciences
and health care companies. Previously,
he was a member of the health care
investment team of Behrman Capital where
he originated, executed and actively
managed health care investments. Before
entering private equity in 1997, Zev
served as Senior Director, Strategic
Planning, for Value Health, the largest
independent pharmacy and mental health
benefit management company. He also
served as U.S. Manager, Pricing Policy
at Merck & Co., and prior to that was in
the investment banking group at Lehman
Brothers. In addition to serving as a
Director for EKR Therapeutics, Mr.
Scherl is currently a board member for
AppTec Laboratory Services, Scandius
BioMedical, Inc., Nitric BioTherapeutics,
and Immune Control, Inc. He received a
B.A degree with honors in economics from
Duke University and an M.B.A. from
Harvard Business School.
S.
Douglas Sheldon
S.
Douglas. Sheldon is a co-founder and
Managing Partner of ESP Equity Partners,
LLC (www.espequity.com),
a private equity fund with offices in
New Jersey, Beijing and Bangkok.
Previously, in 2000, Mr. Sheldon
co-founded ESP Partners LLC, the
predecessor to ESP Pharma, a specialty
pharmaceutical company acquired by PDL
BioPharma in 2005. He has over 30 years
of pharmaceutical and related healthcare
experience, both internationally and
domestically, including having served as
Vice-President of Strategic Partnership
Development at Parke-Davis
Pharmaceuticals. Doug began his career
with Pfizer, Inc. where he served nearly
17 years in senior international
finance, marketing, country management,
and regional line management assignments
in South America and Asia. He left
Pfizer in 1991 to form TTMC, Ltd, a
venture company focused on healthcare
and life sciences businesses in South
East Asia. Later, in 1994 he founded the
Indochina Healthcare Ltd (IHL) joint
venture operations in Thailand, Hong
Kong, Vietnam and Myanmar, merging
TTMC's hospital products business in
orthopedics and urology with the
oncology and cardiovascular business of
Mayne Pharma (formerly F.H. Faulding,
Australia). Today, he continues to
actively serve as an Executive Director
and Chairman of IHL. Mr. Sheldon, who is
also fluent in Spanish, received his
B.S. in Chemistry from LeMoyne College
and M.B.A. in Finance and Marketing from
Syracuse University.
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