Bihua Chen, is the founder and portfolio manager of Cormorant Asset Management, LLC ("Cormorant"). Prior to founding Cormorant, Ms. Chen managed a separately managed account focused on the healthcare sector as a sub-adviser to a large, multi-strategy hedge fund based in New York. During Ms. Chen's time managing the account (from 2005 through 2010) the account grew from $75 million in assets to $800 million in assets. Prior to that, Ms. Chen was a healthcare analyst/sector portfolio manager for American Express Asset Management Boston. Ms. Chen has also served as a portfolio manager for the Asterion Life Science Fund (2001-2002), and equity analyst/portfolio manager for Bellevue Research (2000-2001) and an equity analyst for Putnam Investments (1998-2000). Ms. Chen obtained an MBA from the Wharton School of Business in 1998 and graduated with a Master of Science, Molecular Biology, from the Graduate School of Biomedical Science at Cornell Medical College in 1994. Ms. Chen also holds a Bachelor of Science degree in Genetics and Genetic Engineering from Fudan University, Shanghai, China, which she received in 1990.