BioPharmX Corporation Appoints Craig A. Barbarosh to its Board of Directors

 BioPharmX Corporation appointed Craig A. Barbarosh to its board of directors. He will serve as an independent board member on the audit and compensation committees and will chair the nominating and corporate governance committee.

Mr. Barbarosh is a member of the board of directors of Sabra Health Care REIT, Inc., which operates 170 healthcare facilities across the United States and Canada, where he serves as chairman of the audit committee and is a member of its compensation committee. He is also an independent director and vice chairman of the board at Quality Systems, Inc., a leading healthcare information technology company, where he serves as the chairman of the nominating and governance committee and a member of the compensation and transaction committees of the board, as well as a director of the company's wholly-owned India subsidiary.

Mr. Barbarosh is also a partner at a major international law firm, and is a recognized expert in corporate governance and organization. He has participated in more than 150 financial and operational restructurings throughout the United States and has counseled clients on varied complex business transactions.

"Craig's deep experience in matters of corporate governance and organization will serve BioPharmX well as we continue to grow our pipeline and expand our organization," said Jim Pekarsky, chief executive officer and co-founder of BioPharmX Corporation. "His legal insight will be particularly useful when we begin to actively pursue licensing opportunities as the products in our pipeline pass regulatory milestones."

"I am particularly excited to join the board of BioPharmX because it is on the cutting-edge of developing groundbreaking products to address unmet medical needs in dermatology and women's health," Mr. Barbarosh said. "I am very impressed with the company's product pipeline and management team and I am looking forward to helping BioPharmX advance its strategic growth and expand its business."