Healthcare >> CEO Interviews >> August 6, 2001

Robert Towarnicki – Cell Pathways Inc (clpa)

ROBERT J. TOWARNICKI is President and Chief Executive Officer of Nucleonics Inc. Mr. Towarnicki most recently served as Chairman, President and CEO of Cell Pathways, Inc., an emerging pharmaceutical company with two drugs in the clinic and one in-licensed commercial product. Cell Pathways was acquired by OSI Pharmaceuticals in June 2003 for more than $80 million in stock and a Contingent Value Right (CVR) that will be paid out in additional OSI stock if an NDA is filed for one of the two lead Cell Pathways drugs within five years of the acquisition. During his six-year tenure, Mr. Towarnicki led the expansion of the company from a virtual organization to a fully integrated, NASDAQ listed, emerging pharmaceutical company. Prior to joining Cell Pathways, Mr. Towarnicki led the development of Integra LifeSciences Corporation as President and COO, again building a company from a small virtual organization into a full-fledged medical device company trading on the NASDAQ during his five years of employment. Experience prior to Integra LifeSciences includes: General Manager of Focus Technologies, a privately held esoteric disease reference laboratory; VP of Development and Operations for Collagen Corporation; Plant Manager for Pfizer Pharmaceuticals and 10 years of increasing management responsibility in operations for Merck & Co. Mr. Towarnicki earned a BS and MS in Biology from Villanova University in 1973 and 1974 respectively. Profile
TWST: Could we start with a history and overview of the company?

Mr. Towarnicki: Cell Pathways is a development stage pharmaceutical

company focused on the research, development and