Healthcare >> CEO Interviews >> October 26, 2004

William Pursley – Ceptor Corporation

WILLIAM H. PURSLEY is currently Chief Executive Officer and Chairman of the Board of Directors of CepTor Corporation. He was President and Vice Chairman of Xechem International, Inc., where he developed a new focus for that company, significantly increasing its value and spearheading the acquisition of Ceptor Corporation. From August 2002 until September 2003, Mr. Pursley was CEO of Osiris Therapeutics, Inc., a privately- held, mesenchymal stem cell biotechnology company, and led a turnaround that revamped management and operations and significantly increased the company's value through corporate partnerships with Boston Scientific, among others. Prior to this, from April 1999 until August 2002, he was Senior Vice President, Commercial Operations for Transkaryotic Therapies, Inc., where he developed its European business unit to launch Replagal, an orphan drug for Fabry disease. Previously, Mr. Pursley has served in executive positions at Genentech, Genzyme, Inc., and Bio- Technology General Corporation where he played key roles in the commercialization of over $2 billion in orphan drugs. The long-time industry executive started his career 25 years ago with Merck. Mr. Pursley holds a Bachelor of Arts degree in Biology from the University of Louisville. Profile
TWST: Please start us off with a brief history of CepTor and an overview

of what you do?

Mr. Pursley: The company was incorporated in 1986 and was basically in

incubator status until April of