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2016-05-19

Women In Bio Launches Executive-Level Certification Program to Prepare Women in Life Sciences for Board of Directors Role

LifeSci Advisors, LLC
Press release

Women In Bio Launches Executive-Level Certification Program to Prepare Women in
Life Sciences for Board of Directors Role

New Initiative Gains Support from Industry and Company Leadership

NEW YORK, 2016-05-19 18:15 CEST (GLOBE NEWSWIRE) -- Women In Bio (WIB), an
organization of professionals committed to promoting careers, leadership, and
entrepreneurship of women in the life sciences, today announced the launch of a
new executive-level board certification training program that will prepare
women in the Life Sciences to become members of Boards of Directors. The
“Boardroom Ready” program will provide women with a full understanding of the
duties, responsibilities and commitments of serving on both public and private
boards. Graduates will also have access to events and a network designed to
facilitate board appointments. Women In Bio is offering participation to its
members and will soon be accepting applications for the first program, which is
expected to begin this fall. LifeSci Advisors, an investor relations and
corporate communications firm focused in the life sciences sector, is the
Founding Sponsor of the Boardroom Ready program, with additional support
provided by MassBio and Biogen.

“Women are significantly underrepresented on the boards of Life Sciences
companies and the Boardroom Ready program will ensure that more women are
qualified, willing, and proactively seeking Board memberships. This new
initiative is an important step toward promoting women leadership in our
industry, and we are pleased to be an integral part of positioning them to
assume key roles,” said Kristi Sarno, National President of Women In Bio.

“We’re excited to be supporting Women In Bio and serving as the Founding
Sponsor of the Boardroom Ready program,” said Michael Rice, President and
Co-Founder of LifeSci Advisors. “This program is right at the core of our
mission to increase gender diversity in the life sciences field – and
specifically to increase the number of women on our clients’ boards of
directors.”

The five-day program has been inspired by and scales the successes of Biogen’s
Raising the Bar initiative, making the program available industry-wide. The
fall course will be held at George Washington University and the curriculum
will cover topics including financial literacy and strategy, corporate
governance, investor relations, and crisis management. Throughout the program
and following completion, WIB and its sponsors will host events around the
country to facilitate the matching of program graduates, who are accomplished
executives and advisors in the life sciences industry, to companies seeking new
board members.

“It is clear that the life sciences industry will need a robust and diverse
leadership pipeline in order to sustain our growth and success well into the
future,” said Robert K. Coughlin, President & CEO of MassBio, a life sciences
trade association representing 750+ biotechnology companies, universities,
academic institutions and other organizations dedicated to advancing
cutting-edge research. MassBio is launching a gender diversity initiative in
2016. “We are thrilled to partner with Women In Bio, LifeSci Advisors, Biogen
and others to help prepare more women to serve on corporate boards.”

“With only 10% of women in board roles, the biotech gap is one of the widest of
any industry. This opportunity is one that we must tackle together if we are
to ensure our industry can really benefit from engagement with leaders of all
genders and backgrounds,” said Adriana Karaboutis, EVP of Technology and
Business Solutions and Corporate Affairs at Biogen. “We are extremely proud of
our work to date and are excited to see this program move forward through this
new partnership, as we work to fuel an industry-wide movement to close the
gender gap on corporate boards.”

The Boardroom Ready program is scheduled to begin in the fall of 2016 and
applications from qualified candidates will be accepted in June. For more
information about the program and instructions for applying, please visit
http://www.womeninbio.org/executives/board-ready.

For press inquiries, please contact Ann Kaiser at The TASC Group at
212-337-8870 or ann@thetascgroup.com.

Women In Bio (WIB) is an organization of professionals committed to promoting
careers, leadership, and entrepreneurship of women in the life sciences. Each
local chapter hosts numerous events throughout the year, that vary from
networking events to career development, to professional education, to
executive level-focused events. In addition to events, WIB hosts a mentorship
program which offers women the chance to mentor or be mentored, a Young Women
In Bio program, which offers events and encouragement to middle-school aged
girls, webinars, and the support of a large national organization with 13
chapters and growing. As a volunteer organization, WIB offers leadership
opportunities at every stage of your career, and a chance to expand your
network in a supportive and professional environment. For more information,
visit www.womeninbio.org.

LifeSci Advisors, LLC (www.lifesciadvisors.com) is a unique investor relations
consultancy founded to provide companies in the life sciences a comprehensive
solution to investor communications and outreach. With local presence in New
York, Boston, Chicago, London, Geneva and Tel-Aviv, the firm provides the
highest quality service for its clients through its deep sector specialization.
Our roster of Ph.D.s enables us to better understand our clients' R&D,
regulatory, and commercial strategy, and our team of financial services,
investor relations, and public relations specialists help our clients
effectively communicate their strategies to the marketplace. This combination
of life sciences, financial services, and investor relations expertise allows
us to provide a valuable and unique service offering to our clients.

Media Contact: Ann Kaiser
The TASC Group
Phone: 212-337-8870
ann@thetascgroup.com

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