Mr. Stewart brings critical experience in strategic and operational
leadership to support expansion of the Company's current and future
COLUMBIA, Md., April 8, 2008 /PRNewswire/ -- Cylex(TM) has announced the appointment of Brad L. Stewart as President of the Company. Cylex is a global life sciences company that develops and manufactures research and in vitro diagnostic products based on its patented technology to assay cell-mediated immunity (CMI).
"A major priority for Cylex has been the recruitment of an experienced leader who could bring greater focus to the company and convert our extraordinary patented technology assets into profitable product opportunities," said Seth Rudnick, MD, General Partner in Canaan VII (a Canaan Partners fund), a major investor in Cylex, in announcing Mr. Stewart's appointment. "We believe Brad is the individual who brings us that skill set."
"I am delighted to have been given this opportunity to join Cylex and to focus first and foremost on ways to expand the awareness of our first marketed product, the ImmuKnow(R) assay, within and beyond the transplant community," says Mr. Stewart. "I have already had the chance to identify means to accelerate understanding of the value of this technology in specific therapeutic areas. We are also convinced that Cylex can rapidly expand ex-US use of ImmuKnow to support patient care in many other countries. This is an exciting challenge for me personally, and I will have the backing of a talented team of professionals at Cylex who, I know, are eager to work with me in achieving very specific goals."
Mr. Stewart brings extensive leadership experience in the life sciences
industry -- with biotech, pharmaceutical, orphan drug, diagnostic and
related healthcare compani
|SOURCE Cylex, Inc.|
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