Coldstream Laboratories Adds New VP of Operations

Coldstream Laboratories Adds New VP of Operations
David Gelber to Assume Responsibilities for Aseptic Manufacturing Operations as Vice President of Operations

LEXINGTON, KY--(Marketwire - December 6, 2010) - Coldstream Laboratories, Inc., a provider of drug product research and manufacturing services, specializing in injectable drugs, has named David A. Gelber as Vice President of Operations.

In this newly created position, Mr. Gelber will assume responsibility of manufacturing operations for Coldstream Laboratories, located in Lexington, KY. In addition, Mr. Gelber will serve as a key advisor to Coldstream's CEO Larry Kranking. As a member of the company's executive leadership team, he will help drive the company's strategic growth.

"Mr. Gelber's depth of expertise in aseptic manufacturing will be an invaluable addition to the Coldstream team as we enter the company's next stage of growth," said Mr. Kranking. "Coldstream continues to grow and to expand the breadth of product types it manufactures. David brings to us a great deal of experience that will be invaluable in our efforts to continuously improve our performance. We are thrilled to have attracted such an experienced industry veteran to the Coldstream team."

Mr. Gelber brings over 25 years of experience in aseptic manufacturing, operations, and management, including nine years at Abbott and several other businesses in the injectable fill/finish manufacturing space. He began his career at Abbott in 1985 and took on levels of increasing responsibility throughout his career. These positions included Abbott's Small Volume Parenterals business unit as well as positions at Schein Pharmaceuticals, B.Braun Medical, aai Development Services, Hollister-Stier Laboratories, Galexe Pharma Sciences, and most recently Avrio Biopharmaceuticals, where he led manufacturing start-up activities for a new sterile contract manufacturing facility.

About Coldstream Laboratories:
Coldstream Laboratories, Inc., located at the Coldstream Research Campus, in Lexington, Kentucky, is a specialty manufacturer of drug products for the global pharmaceutical industry. Coldstream Laboratories specializes in the development and production of sterile injectable products. Coldstream Laboratories, Inc. is wholly owned by the University of Kentucky through the University of Kentucky Research Foundation. For more information visit or email [email protected]

Kathy Bennett
Coldstream Laboratories
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