Medivo Appoints Life Sciences Industry Leader David Stack to Its Board of Directors

Business Wire

Wednesday, July 25th 2012

Pacira Pharmaceuticals CEO Brings 25 Years of Successful Industry Experience in Both Large Public and Small Private Companies to Director’s Role

Medivo Inc., a health monitoring company for physicians and their patients, today announced that it has appointed David Stack to its Board of Directors.

Stack currently serves as President, CEO and Director at Pacira Pharmaceuticals, Inc., a specialty pharmaceutical company focused on clinical and commercial development of new products in the acute care market. He also is the founding partner of Stack Pharmaceuticals Inc., a commercialization, marketing and strategy firm that serves emerging healthcare companies.

“We are very pleased to welcome Dave Stack to our board,” said Sundeep Bhan, CEO and co-founder of Medivo. “Dave is an experienced and respected leader in the life sciences industry and he brings a vast amount of insight and knowledge about healthcare to our board. We expect Dave to be a tremendous asset to Medivo’s strategic team.”

Stack has more than 30 years of management experience in the life sciences sector since beginning his career at Roche Labs. He is a former president and CEO of The Medicines Company, and a former president and general manager of Innovex, Inc. In addition to his current role at Pacira, Stack serves as a managing director at MPM Capital, a venture capital firm focused on investments in health care. In 2003, he was recognized as the Ernst and Young Entrepreneur of the Year in the New Jersey Healthcare sector.

“This is a perfect time for me to reconnect with Sundeep and his management team at Medivo,” Stack said. “We first worked together several years ago and, given the unique business model they have established, I am excited about this opportunity to work with this team again and to help Medivo advance this new patient-care platform.”

Medivo is revolutionizing the way physicians leverage data to make better- informed decisions through free patient data reporting services. Using Medivo’s unique services, physicians are able to improve patient care by more effectively identifying gaps in testing and treatment. Medivo also provides patients with mobile applications that support management of their chronic disease and symptom tracking.

About David Stack

David Stack has more than 30 years of leadership experience in the life sciences, covering areas from commercial to strategy development. From September 2001 until August 2004, he was President, Chief Executive Officer and Director of The Medicines Company (MDCO). He had previously served as CEO of Stack Pharmaceutical, Inc., and worked closely with MDCO as one of the primary customers.

From May 1995 to December 1999, Stack was President and General Manager of Innovex, Inc., and had responsibility for the Americas region. From April 1993 to May 1995, Stack was the Vice President of Business Development and Marketing for Immunomedics, Inc., a biopharmaceutical company focusing on monoclonal antibodies in infectious disease and oncology. From May 1992 to March 1993, he was the Director of Business Development and Planning for Infectious Disease, Oncology and Virology for Roche Labs, where he was the Therapeutic World Leader of Infectious Disease.

Prior to 1992, Stack held various positions with Roche Labs and was a retail and hospital pharmacist for three years after graduating from Albany College of Pharmacy. He also holds a B.S. in Biology from Siena College.

About Medivo