SOURCE: Locust Walk Partners

Locust Walk Partners

September 14, 2010 11:27 ET

Locust Walk Partners, LLC Announces Appointment of Biopharmaceutical Industry Veteran John A. Kollins as Managing Director

BOSTON, MA and PHILADELPHIA, PA and SAN FRANCISCO, CA--(Marketwire - September 14, 2010) -  Locust Walk Partners (LWP), a business development advisory firm that offers transaction, strategic, and commercial support to life science companies, is pleased to announce that biopharmaceutical industry veteran John Kollins has joined the firm as Managing Director. Based in San Francisco, Mr. Kollins will be responsible for expanding and managing the firm's west coast practice.

Mr. Kollins brings to Locust Walk Partners and its clients more than twenty years of biopharmaceutical industry experience in general management, business / corporate development, and new product roles, as well as an extensive and diverse transaction experience. Most recently, Mr. Kollins served as Chief Executive Officer of OXiGENE, where he led an operational turnaround and secured more than $80 million in capital and pending capital commitments, helping drive a threefold increase in market capitalization. He previously served in executive management roles at CovX (acquired by Pfizer), Renovis (acquired by Evotec), SurroMed (acquired by PPD), Athena Neurosciences/Elan Pharmaceuticals, and Immunex Corporation (acquired by Amgen).

"In the current economic environment, it's more important than ever for companies to formulate and implement the right partnering strategies from the outset," commented Mr. Kollins. "Because of the principals' extensive operating and transaction experience, Locust Walk Partners is an ideal platform from which to help companies achieve strategic business and corporate development objectives."

"I have had the pleasure of knowing and working with John for over a decade. We are thrilled to have him join LWP at a time of our firm's rapid growth," said Jay Mohr, Managing Director. Other Managing Director, Geoff Meyerson, added, "John's breadth of contacts and creativity in sourcing and structuring transactions will be an asset to our clients."

About Locust Walk Partners
Locust Walk Partners is a business development advisory firm that offers transaction, strategic, and commercial support to life science companies. Unlike investment banks or consulting firms, our team has significant operating experience and senior level professionals lead and execute all assignments. Our approach is a capital efficient means to expand a company's in-house resources. We have a global network of contacts in leading life science companies and in the investment community. Locust Walk Partners has offices in Boston, Philadelphia, and San Francisco. (www.locustwalkpartners.com).

Contact Information