November 03, 2009 12:10 ET

Coldstream Laboratories, Inc. Names Vice President

LEXINGTON, KY--(Marketwire - November 3, 2009) - Coldstream Laboratories, Inc. (CLI) is pleased to announce the addition of Pramod Gupta, Ph.D., as Vice President of Quality and Chief Scientific Officer. Dr. Gupta brings more than 20 years of experience in the pharmaceutical and medical device industry. Most recently, he served as Vice President of R&D at Bausch & Lomb with focus on the global development of drugs and devices. He previously held leadership positions at Baxter Healthcare Corporation, TAP Pharmaceuticals and Abbott Laboratories. He has been involved with the development, approval and commercialization of over 30 drug and medical products. In his new role, Dr. Gupta will focus on strengthening CLI's quality systems, R&D capabilities and overall project execution.

Joe Wyse, President and CEO of CLI, said, "I am pleased to have recruited Dr. Gupta at this critical stage of Coldstream's growth. His extensive industry experience and successful track-record will be key to achieving our goal of becoming a leader in research, development and manufacture of clinical and commercial healthcare products. His record of excellence in R&D, technology transfer and regulatory interactions will greatly benefit our organization and our partners."

Coldstream Laboratories, Inc., Kentucky's only sterile pharmaceutical manufacturing facility, is located on the University of Kentucky's Coldstream Research Campus. Coldstream Laboratories' formulation and manufacturing capabilities include semi-solids, solutions, suspensions, and lyophilized dosage forms. Coldstream Laboratories specializes in working with cytotoxics, potent drugs, and radiolabelled products.