Jeffrey P. Brennan Vice President, Business and Commercial Development

Jeffrey P. Brennan joined Targacept in September, 2003, as Vice President of Business and Commercial Development. Mr. Brennan has more than 25 years of pharmaceutical industry experience, and has held Executive Management positions at : Sanofi-Synthelabo, Inc., from 1996-2003, and most recently at Targacept.

Throughout his career, Mr. Brennan has demonstrated success in both strategic development and key operations roles. He has developed and expanded the capability and capacity of sales and marketing teams, strategic market research and business analysis divisions, product life cycle management and business development departments.

Mr. Brennan received a B.S. in Marketing from Central Connecticut University. He has been a member of the Licensing Executive Society (LES) since 1991 and is a former Board member of the Health Care Committee for the LES. He is currently a member of the American Marketing Association

Mr. Brennan has completed over 35 mid- to late-stage business development deals and has been involved in more than 25 product launches in his career. As a member of Sanofi’s Executive Management team, he played an instrumental role in helping the company achieve a nearly 10-fold increase in sales, profits, sales force and headquarter expansion over the past six years.

In his role as Targacept’s Vice-President of Business and Commercial Development, Mr. Brennan is a member of Targacept’s Executive Committee and is playing a key role in turning “Science into Business” through key partnerships with AstraZeneca & GlaxoSmithKline.