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Nektar Therapeutics Appoints Tim Harkness as Chief Financial Officer
Date:8/23/2007

SAN CARLOS, Calif., Aug. 23 /PRNewswire-FirstCall/ -- Nektar Therapeutics (Nasdaq: NKTR) today announced the appointment of Tim Harkness as Senior Vice President and CFO. Harkness reports to Nektar President and CEO Howard W. Robin, and will serve as an integral member of the company's new management team.

"With his strong understanding of healthcare and finance, Tim is a critical addition to the leadership team at Nektar," Robin said. "He brings significant experience in both financial management and strategic business planning to the company and we are very pleased to have him onboard."

From 1998 through April 2007, Harkness served as CFO of Molecular Devices Corporation, an international life sciences tools company, which was recently acquired by Toronto-based MDS, Inc. While at Molecular Devices, he also had responsibility for worldwide manufacturing and corporate development as the company's Senior Vice President of Operations from 2005 to 2007.

Prior to 1998, Harkness was Vice President of Business Development for Vivra Specialty Partners. From 1994 through 1997, he worked in the health care investment banking practice at Montgomery Securities. Prior to that, Harkness was with Arthur Andersen & Co.

Harkness received a B.B.A. in accounting from the University of Wisconsin and an M.B.A. from Stanford University's Graduate School of Business, and is a CPA.

"I am proud to join the new management team at Nektar," Harkness said. "We have a great opportunity to build a premier biopharmaceutical company with our proven technology platforms and rich proprietary and partnered pipelines."

About Nektar

Nektar Therapeutics is a biopharmaceutical company with a mission to develop and
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