Mr. Robert B. Kay has been Executive Chairman and Chief Executive Officer at iBio, Inc. (formerly iBioPharma Inc) August 2008. Mr. Kay serves as Managing Director of Integrated BioPharma, Inc. He serves as a Principal, Co-Owner and Chairman of Seaway Biltmore, Inc., a hotel ownership and management company. He has more than 35 years of experience in the legal, business and pharmaceutical fields. He served as the Chairman of Paxis Pharmaceuticals, Inc. since 2002 and served as its Chief Executive Officer and President. His legal career has included considerable activity in the area of Corporate and Finance Law with broad experience in counseling financial institutions such as banks and credit card companies and in structuring and accomplishing major acquisitions and disposition transactions of banks and financial institutions domestically and internationally. He started his practice of corporate law in New York City in 1966. From 1983 to 2003 he was a Founder and Senior Corporate Partner of the New York City law firm Kay Collyer & Boose LLP where he oversaw a broad-based general corporate practice which included international transactional representation of both domestic and foreign clients, mergers and acquisitions, securities, franchising/licensing, partnerships/joint ventures, software, e-commerce and other financial transactions, with particular emphasis in the banking, credit card and hotel/hospitality industries. He has served also as a Senior Advisor to multi-national corporations in the banking, credit card and financial services industries. From January 1998 to August 2001, Mr. Kay served as a General Counsel of NIA Group, LLC. From August 2001 he has served as the President of Links Insurance Services LLC. He has been a Director of iBio, Inc since August 2008. He served as a Director of Integrated Biopharma Inc. from November 2003 to November 2008. He served as a Director of Taxolog, Inc. Mr. Canarick is a Certified Public Accountant and Attorney. Mr. Kay is a graduate of Cornell University's College of Arts and Sciences where he earned a Bachelor of Arts in Economics in 1963 and of New York University Law School where he earned a Juris Doctor degree in 1966.