Steven Frank, Board Member
Steven Frank has served as a Board member since February 2008. Additionally, Mr. Frank joined J.P. Morgan Securities, Inc. in June 2008 as Vice Chairman and Co-Head of the Global Healthcare Group. Mr. Frank has been the head of Bear Stearns' Worldwide Health Care Investment Banking group in New York for 16 years has provided general investment banking services to all types of health care companies. Specifically, Mr. Frank has led or played major roles in dozens of mergers and acquisitions and financing transactions across the spectrum of deal structures. He has specialized in transactions involving pharmaceutical, medical device and biotechnology companies. Prior to joining Bear Stearns in 1993, Mr. Frank served over ten years as an institutional investor, primarily at State Farm Insurance Company, where he managed a life sciences portfolio in excess of $4 billion. Mr. Frank earned an M.B.A. from the University of Chicago in 1983. In 1993, Mr. Frank leveraged his extensive network of contacts throughout the health care industry and knowledge about the strategic orientation of the companies into an investment banking career.