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Mr. Lerner has been a Director of Medarex since September 8 1995 and our Chairman of our Board of Directors since May 19 1997. Mr. Lerner served as Chairman of the Board of Directors and of the Executive Committee of Hoffmann-La Roche Inc. a pharmaceutical and healthcare company from January 1993 until his retirement in September 1993 and also served as President and Chief Executive Officer of Hoffman-La Roche from 1980 through December 1992. Mr. Lerner served for 12 years on the Board of the Pharmaceutical Manufacturers' Association where he chaired the Association's FDA Issues Committee. Mr. Lerner received a B.S. and an M.B.A. from Rutgers University. He is currently a Distinguished Executive-in-Residence at Rutgers University Business School. Mr. Lerner is also a director of Covance Inc. Nektar Therapeutics Inc. Panacos Pharmaceuticals Inc. and Genmab A/S all publicly traded healthcare companies. | 