Frederick E. Pierce

FREDERICK E. PIERCE II has been the Vice President of Business
Development of GlycoGenesys, Inc., since August 2002 and the company’s
Vice President of Finance and Investor Relations since June 1998. Prior
to joining the company, Mr. Pierce had 12 years’ experience working in
Wall Street firms representing and/or advising major biotechnology and
medical device companies. From 1994 to 1997, Mr. Pierce was at Lehman
Brothers, where he was the New England private client services liaison
to healthcare investment banking. Prior to that, Mr. Pierce had over
seven years’ experience at Kidder Peabody and Merrill Lynch. Mr. Pierce
received a Bachelor of Science degree in Chemistry from Hampshire
College.