NEWS & EVENTS

Company News
Press Release

For Immediate Release
October 31, 2007

Contact: Gregg DiPietro
Leerink Swann
(617) 918-4601
Gregg.DiPietro@leerink.com

Contact: Risa Burgess
Schwartz Communications
(781) 684-0770
Leerink@schwartz-pr.com

Leerink Swann's Seamus Fernandez Named Best "Up and Comer" in Institutional Investors 2007 All-America Research Team Survey

Boston, MA - October 31, 2007 - Leerink Swann announced that equity research analyst Seamus Fernandez was named Best "Up and Comer" in Pharmaceuticals, Major by Institutional Investor as part of the magazine's 2007 All-America Research Team survey.

"Recognition of Seamus's outstanding research is a testament to his efforts and to Leerink Swann's platform," said Alice Avanian, director of research at Leerink Swann. "Seamus utilizes the MEDACorp expert network to produce unique insights. We are pleased to see that sophisticated institutional investors value this."

The All-America Research Team surveys 2,600 investors and portfolio managers at more than 810 buy-side firms. The "Up and Comer" honor recognizes Fernandez as a rising star of Wall Street who has covered his industry sector for less than three years. Nominations for the "Up and Comer" honor were submitted by a write-in vote. Fernandez was the only such analyst recognized in healthcare in the 2007 competition.

This is the latest honor bestowed upon the Boston-based healthcare investment banking firm by Institutional Investor. Leerink Swann has been selected as "Best of the Boutiques" in multiple healthcare categories for the past six years.

Fernandez joined Leerink Swann to expand the Major Pharmaceuticals team in 2006. Before that, he spent seven years as an analyst at other sell-side and consulting firms. He began his career in the University of Pennsylvania's Department of Neurosurgery.

About Leerink Swann
Leerink Swann is a healthcare-focused investment banking firm that provides equity research, corporate finance, asset management, and strategic advisory services for institutional, life sciences, and high-net-worth clients. For the past six years, Institutional Investor has named Leerink Swann "Best of the Boutiques" in Biotechnology, Healthcare Technology & Distribution, Medical Supplies and Devices, Pharmaceuticals/Major, and Pharmaceuticals/Specialty. Through its MEDACorp division, Leerink Swann provides biomedical-consulting services to the institutional investment community. With an internal team of experts and a dedicated external network of academic and community healthcare professionals, MEDACorp assesses the viability of cutting-edge medical technologies, thus giving decision makers the information they need to perform. Leerink Swann is a member NASD/SIPC.

"Best of the Boutiques" - Institutional Investor. Seventh consecutive year!

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