The News

DBV Technologies expands management team and moves to new facilities in Paris

17/09/2007

Paris, France – 17 September 2007 – DBV Technologies (DBV), a biopharmaceutical company engaged in the development of non-invasive  epicutaneous delivery technology and products, has announced today that it has expanded its management team with three major appointments. The Company has also moved to new facilities in central Paris, while maintaining its registered site in Boulogne on the outskirts of Paris. DBV is developing its proprietary, patented VIASKIN® epicutaneous delivery technology primarily for the diagnosis and treatment of allergies.

Dr. Hing Kin Chan joins DBV as Chief Business Officer from ProBioGen AG in Germany where he was Vice President of Commercial Development. In this role, Dr. Chan was responsible for securing out-licensing contracts with biotechnology companies and big pharma. Previous industry business development roles were at Eurand International S.p.A, IDEA AG, Colorcon and Lohmann Therapie Systeme. With his valuable past industry experience specifically in drug delivery, Dr. Chan will play a key role in securing partnership agreements with industry for DBV’s technologies and products.

Dr Florian Reinaud has joined DBV as its first serving Chief Financial Officer. Previously he worked at Apax Partners where he advised on and executed both venture and late stage investments in the healthcare field. Prior to this, Dr. Reinaud worked as an analyst with Schroder Salomon Smith Barney (Citigroup). As CFO, Dr. Reinaud will help secure future financings to help take DBV’s further products on to the market. Dr Reinaud holds a BA(hons) from Oxford University and a medical degree from Imperial College School of Medicine, London, UK.

Finally, Dr. Laurent Martin is welcomed to DBV as Regulatory Affairs Director. He previously worked at Orphan Europe, a company specialised in the marketing of orphan drugs where his responsibilities were divided between Regulatory Affairs and Quality Assurance. At DBV, Dr. Martin will use his international regulatory affairs experience and knowledge of the pharmaceutical industry gained at Galderma, Fournier and Guerbet to co-ordinate worldwide registration of DBV’s pharmaceutical products. Dr. Martin holds an MBA from IAE Paris Sorbonne and received his Masters in Public Health Law from the Faculty of Sceaux, France. Dr. Martin graduated as a pharmacist at the University Rene Descartes, Paris, France.

Commenting on these appointments, Jean-François Biry, Chairman and CEO of DBV, said, “We are delighted that we have been able to attract three such talented and experienced new employees to the Company who will be integral to the future growth and development of DBV.”

In conjunction with these managerial appointments, DBV has also moved its operational facilities to a new and larger site near Hospital Cochin in central Paris. The Company will run all R&D operations from the new location. The new building has capacity to house 80 people, enabling DBV to expand its workforce in line with the planned expansion of its in-house R&D programs. These changes in management and location reflect DBV’s rapid growth since bringing its first product Diallertest® for cow’s milk allergy onto the market in France.