Before joining Care Capital in 2002, Mr. Cabo was Chief Financial Officer for KBL Healthcare Ventures where he had full responsibility for the financial activities of the General, Limited Partners and Venture Capital funds, overseeing all treasury functions, budgeting and the maintenance of the partners capital accounts.

From 1999 to 2001, Mr. Cabo was a Director - High Yield Division at CIBC World Markets, where he provided financial support to the High Yield Private Equity Funds and 120 related corporate entities. Previously, Mr. Cabo was Corporate Controller for Access America Financial and a Senior Accountant at Kaufman, Rossin & Company, a CPA firm in Miami, FL. He has also acted as Tax Consultant for Price Waterhouse and Arthur Andersen & Co.

Mr. Cabo received his B.S. in Accounting from Manhattan College and his M.B.A. from Rider University. He is a Certified Public Accountant and a Member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.

Dr. Karabelas was Head of Healthcare and CEO of Worldwide Pharmaceuticals for Novartis AG from 1998 until July 2000. He had full responsibility for Novartis Pharma, Ciba Vision and Generics representing $12 billion in annual sales. Included in these responsibilities was strategic and operational leadership of R&D with a budget in excess of $2 billion. Prior to joining Novartis, Jerry was Executive Vice President of SmithKline Beecham responsible for US operations, European operations, Regulatory, and Strategic Marketing. He has been responsible for numerous pharmaceutical product approvals and new product launches, including the launch of four $1 billion products.

Jerry was the Founder and Chairman of the Novartis BioVenture Fund from July 2000 until December 2001. In this role he invested approximately $40 million in 14 portfolio companies.

Jerry holds a Ph.D. in Pharmacokinetics from the Massachusetts College of Pharmacy. He is a member of the Visiting Committee for Health Sciences and Technology at MIT. He is Chairman of SkyePharma PLC and Human Genome Sciences, Inc., and is Chairman or a Director of several Care Capital portfolio companies.

Before founding Care Capital, Mr. Leschly was Chief Executive of SmithKline Beecham PLC ("SB") from 1994 to 2000. He joined SB as Chairman of the Worldwide Pharmaceutical business in 1990 and was elected to the Board of Directors in 1990.

Before joining SB, Mr. Leschly served as President and COO, Squibb Corporation. He joined Squibb in 1979 as Vice President, Commercial Development and in 1984 he was elected Group Vice President and a Member of the Board of Directors with responsibility for the Worldwide Pharmaceuticals Products Group. Prior to this he worked for seven years with Novo Nordisk, where he served as Executive Vice President and President of the Pharmaceutical Division.

Mr. Leschly is a member of the Boards of Directors of the American Express Company and the APM-Maersk Group.

Before his business career, Mr. Leschly made his name in professional tennis, achieving the rank of 10th in the world in 1967.

Born in Denmark, Mr. Leschly received a Master of Science in Pharmacy from the Copenhagen College of Pharmacy and a B.S. in Business Administration from the Copenhagen School of Economics and Business Administration.

Prior to joining Care Capital, Mr. Markham was the Vice Chairman of the Management Board and COO of Aventis. Previously he was the CEO of Aventis Pharma, the CEO of Hoechst Marion Roussel, and the President and COO of Marion Merrell Dow, Inc. and a member of its board of directors.

From 1973 to 1993, Mr. Markham was associated with Merck & Co., Inc., culminating in his position as President and COO. Prior to this role, Mr. Markham held a number of positions, starting as a professional representative and then becoming district manager, product manager and director, executive director and then VP of Marketing for the Merck Sharp & Dohme Division. He later was responsible for Merck’s European pharmaceutical business before being named Senior Vice President of Merck & Co. and President of the Merck Human Health Division, responsible for worldwide marketing and sales of Merck’s pharmaceutical products.

Mr. Markham received a B.S. in Pharmacy and Pharmacal Sciences from Purdue University and has served as a member of the Dean’s Advisory Council of the university. He has also been awarded an honorary Doctor of Science degree, the university’s highest honor for achievement.

Mr. Markham has been a member of the board of directors and executive committee of the Pharmaceutical Research and Manufacturers Association, a member of the Board of Trustees of the HealthCare Institute of New Jersey, and a member of the board of directors of Aventis Pasteur and of Commerce Bank of Kansas City.

Mr. Ramsay co-founded Care Capital in 2001. Previously, he was a private equity investor, initially with Morgan Stanley Capital Partners and then as a co-founder of the private equity business of Rhône Group.

Mr. Ramsay received an A.B. in Mathematics from Princeton University and an M.B.A. from Stanford University.