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Robert W. Pangia has worked in investment banking for 20 years and is currently a partner in Ivy Capital Partners LLC and general partner of Ivy Healthcare Capital L.P., a private equity fund specializing in healthcare investments. From 1996 to February 2003, Mr. Pangia was self-employed as an investment banker. From 1987 to 1996, Mr. Pangia held various senior management positions at PaineWebber Inc. including: member of the board of directors, Chairman of the board of directors of PaineWebber Properties Inc., member of PaineWebber’s executive and operating committees, Chairman of the equity commitment committee, member of the debt commitment committee and Executive Vice President and Director of Investment Banking for PaineWebber Inc. of New York. Prior to his positions at PaineWebber, Mr. Pangia held other senior positions, including Managing Director of Investment Banking for Drexel Burnham Lambert of New York and Vice President of Investment Banking for Kidder, Peabody & Co. of New York. He received his A.B. from Brown University and his M.B.A. from Columbia University. Mr. Pangia began serving as a Director of IDEC Pharmaceuticals in September 1997. He is also a Director of McAfee Inc. | 