Smith Barney, Harris Upham analyst Denise Gilbert, who will be joining Affymax Technologies Inc. as chief financial officer, is following a path that few analysts have taken.

Gilbert told BioCentury that it was the shift from being an onlooker to an active decision maker that intrigued her. "As an analyst you sit there criticizing management and so few of us have ever sat on the other side," she said. "I also have a tremendous interest in strategy and Affymax is willing to let the CFO play a role in that."