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TheraQuest Biosciences Appoints Scientific Advisory Board and Launches New Corporate Website

Blue Bell, PA – August 4, 2004/PRNewswire/ – TheraQuest Biosciences, a development stage pain management company has appointed a Scientific Advisory Board to help guide the company's research programs and build its pipeline of analgesics. TheraQuest also announced the launch of its new corporate website at www.theraquestinc.com.

TheraQuest’s appointees include world-class scientists and clinicians with an impressive track record in their respective areas. Together with the current management team, the new Scientific Advisory Board promises to advance further TheraQuest’s development programs for the treatment of acute and chronic pain.

"We believe the collective guidance from our management team and Scientific Advisory Board will enable TheraQuest to move forward rapidly with the development and commercialization of our various product opportunities", said Najib Babul, PharmD, President and Chief Executive Officer of TheraQuest.

Scientific Advisory Board Members

Richard Payne, MD, is Immediate Past President of the American Pain Society, Professor of Medicine and Director, End of Life Care Institute at Duke University. Dr. Payne has published over 200 manuscripts, abstracts and book chapters. He is Chairman of the Task Force on Pain of the American Academy of Neurology and a member of the Board of Directors of the American Academy of Pain Medicine and the American Pain Society.

Troels Jensen, MD, PhD, is President Elect for the International Association for the Study of Pain and Professor of Experimental and Clinical Pain Research, Aarhus University, Denmark. Dr. Jensen has authored more than 175 scientific papers in peer-reviewed journals and he is editor of three books on pain. Dr. Jensen leads the Danish Pain Research Center at Aarhus University, Denmark.

Arthur Weaver, MD, is Past President of the American College of Rheumatology and Clinical Professor of Medicine at the University of Nebraska. Dr. Weaver has published over 150 manuscripts and abstracts in rheumatology. He is a recipient of the Arthritis Foundation Founders Award, the Mayo Clinic Philip Hench award for excellence in rheumatology and the American College of Rheumatology Pauldine Phelps Award.

Raymond Sinatra, MD, PhD, is Professor of Anesthesiology at Yale University Medical School. Dr. Sinatra is Senior Editor of the textbook Acute pain: Mechanisms and Management and has authored over 200 scientific papers, review articles, abstracts and textbook chapters on pain management obstetrical anesthesiology and intraoperative anesthesiology.

Arthur Lipman, PharmD, is Professor of Pharmacotherapy, College of Pharmacy, and Director, Clinical Pharmacology at the Pain Management Center, University of Utah Hospitals and Clinics. Dr. Lipman has over 300 scientific publications and abstracts. He served on both the Acute and Cancer Pain Management Guideline Panels of the U.S. D.H.H.S and co-chaired the Arthritis Pain Management Clinical Guidelines Panel of the American Pain Society.

Frank Porreca, PhD, is Professor of Pharmacology, College of Medicine, University of Arizona. Dr. Porreca is an internationally recognized analgesic pharmacologist. He is an Associate Editor of Life Sciences and Pain and he serves on the Editorial Boards of a number of leading journals. Dr. Porreca has published over 250 manuscripts, 28 book chapters and hundreds of scientific abstracts.

About TheraQuest Biosciences

TheraQuest Biosciences, LLC is a private, development-stage pain management company building a diversified portfolio of pharmaceutical products to address a critical area of unmet medical need. Despite their limitations, current treatments for acute and chronic pain yield worldwide sales in excess of $25 billion. The TheraQuest team has contributed to the development of numerous analgesics approved in the U.S. over the past 20 years. TheraQuest’s strategy is to use its expertise to identify, develop and commercialize product candidates with strong market potential that have lower development costs and reduced regulatory risk than new chemical entities. TheraQuest is headquartered in Blue Bell, Pennsylvania. Additional information about TheraQuest is available at www.theraquestinc.com.

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Contact:
Najib Babul, PharmD
CEO
TheraQuest Biosciences
146 Medinah Drive
Blue Bell, PA 19422-3212

Tel: 610.272.2071

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