Healthcare >> CEO Interviews >> October 9, 2000

Steven Lee – Polymedica Corporation (plmd)

STEVEN JAMES LEE has been Chairman and Chief Executive Officer of PolyMedica Corporation since June 1996. Prior to that, he was President, Chief Executive Officer and a Director since June 1990. PolyMedica is a rapidly growing leading national provider of direct-to-consumer specialty medical products and services. Fortune magazine ranked PolyMedica as the 30th fastest growing company in America, and it has recently been included in the S&P 600 and the Russell 2000 and Russell 3000 indices. From 1987 to April 1990, he was President, Chief Executive Officer and Director of Shawmut National Ventures and was responsible for the venture capital activities of a $26 billion super-regional financial services company. Before joining Shawmut, he was President, Chief Executive Officer and Director of Repligen Corporation, a major biotechnology company located in Needham, MA, which is developing vaccines for the AIDS virus. Mr. Lee has also spent 11 years in venture capital as President of Venture Management Advisors, an offshore venture capital fund, and at Bankers Trust Company. He is on the Board of Directors of Kensey Nash Corporation and several privately and publicly held companies financed through venture capital investments. Mr. Lee has written six books and numerous articles on various business and financial subjects and is the Editor of the Venture Capital Manual published by Warren, Gorham and Lamont. Mr. Lee received an BA from Lehigh University, an MBA from the Wharton School of Finance and Commerce at the University of Pennsylvania, and a Juris Doctor degree from Fordham University School of Law. He is a member of the Massachusetts and New York State Bar Associations. Mr. Lee is the Flavin Visiting Professor of Entrepreneurship at the University of Massachusetts at Amherst. Profile
TWST: Could we begin by asking you to give us a background and overview

on PolyMedica?

Mr. Lee: PolyMedica Corporation is a public company that is rapidly

growing and is the leading national