GenMark Diagnostics Appoints Stephen T. Worland, Ph.D. to Board of Directors
CARLSBAD, Calif.--(BUSINESS WIRE)--
GenMark Diagnostics, Inc. (NASDAQ: GNMK),
a provider of automated, multiplex molecular diagnostic testing systems,
announced today that Dr. Stephen T. Worland has been appointed to
GenMark's Board of Directors.
Stephen Worland has extensive experience in global technology,
infectious disease and healthcare businesses and is currently President
and Chief Executive Officer and a director of eFFECTOR Therapeutics,
Inc., a start-up stage company focused on new treatments for cancer. Dr.
Worland was President and Chief Executive Officer and a director of
Anadys Pharmaceuticals, Inc., a biopharmaceutical company which
discovered and developed treatments for Hepatitis C and cancer, from
August 2007 until the company's acquisition by Roche in November 2011.
Dr. Worland joined Anadys in 2001 and served in a number of executive
roles prior to being named CEO, including President, Pharmaceuticals,
and Chief Scientific Officer. Dr. Worland began his healthcare industry
career in 1988 at Agouron Pharmaceuticals, Inc. and remained with the
company through its successful commercialization of an HIV protease
inhibitor and successive acquisitions by Warner-Lambert and Pfizer.
During this period he held a number of positions, including Vice
President, Antiviral Research and Director, Molecular Biology and
Biochemistry. Dr. Worland was a National Institutes of Health
Postdoctoral Fellow in Molecular Biology at Harvard University from 1985
to 1988. He received his B.S. with highest honors in Biological
Chemistry from the University of Michigan and his Ph.D. in Chemistry
from the University of California, Berkeley.
"We are delighted to have Steve Worland join our Board. In addition to
his extensive operational experience in the Pharmaceutical industry,
both in small and large companies, Steve's deep knowledge of molecular
biology, specifically as it relates to infectious disease, cancer and
related pharmacogenomics, will be invaluable as GenMark continues to
build its own molecular diagnostics franchise in these areas. Steve's
skill set and experience complement an already strong Board that is
focused on building a high value business in the global molecular
diagnostics market," commented Christopher Gleeson, GenMark's Chairman.
ABOUT GENMARK
GenMark Diagnostics is a leading provider of automated, multiplex
molecular diagnostic testing systems that detect and measure DNA and RNA
targets to diagnose disease and optimize patient treatment. Utilizing
GenMark's proprietary eSensor® detection technology, GenMark's eSensor®
XT-8 system is designed to support a broad range of molecular diagnostic
tests with a compact, easy-to-use workstation and self-contained,
disposable test cartridges. GenMark currently markets three tests that
are FDA cleared for IVD use: Cystic Fibrosis Genotyping Test, Warfarin
Sensitivity Test, and Thrombophilia Risk Test. A Respiratory Viral Panel
(RVP) has been submitted to the FDA for 510(k) clearance. A number of
other tests, including HCV Genotyping and 2C19, versions of which are
available for research use only, are in development for IVD use. For
more information, visit www.genmarkdx.com.
SAFE HARBOR STATEMENT
This press release includes forward-looking statements regarding events,
trends and business prospects, which may affect our future operating
results and financial position. Such statements, including, but not
limited to, those regarding continued growth in sales of our diagnostic
tests, the expansion of our diagnostic test menu, the development and
functionality of our products and the continued development of our
technology, are all subject to risks and uncertainties that could cause
our actual performance, operating results and financial position to
differ materially. Some of these risks and uncertainties include, but
are not limited to, risks related to our history of operating losses,
our ability to successfully commercialize our products, the need for
further financing and our ability to access the necessary additional
capital for our business, inherent risk and uncertainty in the
protection intellectual property rights, ability to maintain gross
margins, regulatory uncertainties regarding approval or clearance for
our products, as well as other risks and uncertainties described under
the "Risk Factors" in our public filings with the Securities and
Exchange Commission. We assume no responsibility to update or revise any
forward-looking statements to reflect events, trends or circumstances
after the date they are made.

GenMark Diagnostics, Inc.
Christopher Gleeson, Chairman
760-448-4325
Source: GenMark Diagnostics, Inc.
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