Healthcare >> CEO Interviews >> February 7, 2001

Fred Sancilio – Aaipharma Inc (aaii)

FRED D. SANCILIO founded aaiPharma Inc. in 1979 and has served the company as Director, Chairman of the Board, and Chief Executive Officer since its inception. He directs the organization in providing full product development services to the pharmaceutical industry. In addition to serving on the Board of Directors of several industry-related organizations, Dr. Sancilio is a member of a Regional Advisory Board for Bank of America, and of the Board of Visitors for the University of North Carolina at Wilmington, NC. He is a frequent lecturer for business and professional groups on subjects ranging from structural activity relationships of pharmaceutical products to the future direction of the pharmaceutical industry. Dr. Sancilio started his career as a physical and analytical chemist in the Research Division of Hoffmann-LaRoche, and held subsequent positions at Schering-Plough and Burroughs-Wellcome, prior to the start-up of AAI. He earned his MS and PhD degrees in Physical and Analytical Chemistry from Rutgers University. Among professional awards of note, Dr. Sancilio was recently recognized as a regional 'Entrepreneur of the Year' by Ernst & Young, LLP. He also holds a distinguished membership in Sigma XI, Scientific Research Society of North America. Although in recent years Dr. Sancilio has concentrated on the national and international business aspects of developing chemistry into medicine, he holds patents in the area of pharmaceutical product development. Profile
TWST: Could you give us a brief overview and history of the company?

Dr. Sancilio: I was the founder of the company in 1979. We grew very

rapidly for the next 10 years, and we went from just