Board of Directors

Jay Lifton

Chairman of AAIPharma Inc. and Managing Director of JPMorgan Securities Inc.

Rebecca Pacholder

Investment Analyst for Sandell Asset Management Corp.

Christopher Kearns

Co-Founder of Capstone Advisory Group, LLC.

Ludo Reynders, Ph.D.

Chief Executive Officer and President of AAIPharma Inc.

Stuart Markowitz, M.D.

Member of the Board of Directors for MBNA Bank

Ian Wallace

Managing Member of River Run Management, LLC.

About AAIPharma