In over 30 years in healthcare, Mr. McDonald has held executive management positions with U.S., European and Japanese health care companies which include venture-funded start-ups, mid-size independent companies and subsidiaries of international health care conglomerates.

His experience encompasses a broad range of human diagnostics and biotechnology products, services and markets worldwide. Among his management experiences and capabilities are general management skills, acquisition, divestiture, corporate alliance expertise, technology assessments, strategic planning, and development of supply chain delivery and service networks to global health care markets and sectors.

Prior to joining The Sage Group, Mr. McDonald was President and CEO of MAST/Hitachi and simultaneously headed an executive staff within Hitachi Chemical corporate, which was responsible for new technology assessments, acquisitions, and business development activities for Hitachi Chemical's life sciences business worldwide. Previously, he was with Hycor Biomedical, as Senior Vice-President of Sales, Marketing and Business Development, where he was instrumental in establishing a new strategic direction for the company, and developing its global distribution network and in acquiring two companies, which expanded Hycor's business globally.

Mr. McDonald's entrepreneurial experience was gained as President and CEO of Photest Diagnostics, a company concentrating on novel, homogeneous fluorescent immunoassays for the point-of-care (POC) market. As a venture capital backed emerging company, he was responsible for the turn around in Photest, commercialization of its technology, and its ultimate sale to a European corporation.

He was also Executive Vice President, General Manager and a member of the Board of Directors of Boots Celltech Diagnostics, Inc., a joint venture between the large British company Boots and Celltech, a British-based biotechnology company. In this position, he led the start-up company's product development and U.S. FDA registrations resulting in launch of its first products, and was instrumental in negotiating the sale of the company's products and technologies to two separate U.S. companies.

Mr. McDonald's corporate experience was gained at American Hospital Supply Corporation where he held a number of senior multi-divisional positions, including Vice President of Sales and Marketing at American Microscan, Director of Marketing at the Bioscience Laboratories division, and Director of Business Development at American Dade division. Mr. McDonald started his healthcare career with the Ortho/Clinical Systems division of Johnson & Johnson, where he held management positions in sales, marketing and international.

Mr. McDonald�s technical and scientific competencies were developed through academic degree programs and medical school experiences. His broad health care business expertise has been augmented through participation in international strategic management schools in France, Japan, and in the United States at Wharton Business School and Columbia University. Mr. McDonald's academic experiences include an M.D./Ph.D. program at the University of Kentucky, Albert Chandler Medical School, an M.S. in Microbiology and Genetics and a B.S. in Biochemistry and pre-med from The University of Southern Mississippi.