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FREMONT, Calif., Dec. 14 /PRNewswire-FirstCall/ -- Vermillion, Inc. (Pink Sheets: VRML), a molecular diagnostics company, today announced William C. Wallen, Ph.D. Chief Scientific Officer, Senior Vice President, Research and Development for IDEXX Laboratories, will be joining its board of directors upon confirmation of Vermillion's bankruptcy plan.
"Bill brings more than 20 years research and development experience in diagnostics and biotechnology," said Gail Page, Vermillion Executive Chairperson. "His broad knowledge of product development and particularly biomarkers will be invaluable to Vermillion as we both market OVA1 and more fully develop our biomarker product pipeline."
Prior to joining IDEXX Laboratories, Dr. Wallen held a number of high level positions with Bayer Healthcare, Diagnostics Division achieving the position of Senior Vice President, Head Officer of Technology. He previously held leadership roles at Becton Dickenson and Wampole Laboratories, a division of Carter-Wallace, Inc. Dr. Wallen received his Bachelor and Masters of Science from Michigan State University and his Ph.D. in Molecular Biology from University of Arizona College of Medicine.
He is a member of the American Association of Clinical Chemistry, the American Society for Microbiology, American Association for Cancer Research, The Leukemia society of America, and the New York Academy of Science. He has published 55 papers.
"We are thrilled that someone with Dr. Wallen's stature and expertise has selected Vermillion to be the company on whose Board he wishes to sit," said Page.
About Vermillion
Vermillion, Inc. is dedicated to the discovery, development and commercialization of novel high-value diagnostic tests that help physicians diagnose, treat and improve outcomes for patients. Vermillion, along with its prestigious scientific collaborators, has diagnostic programs in oncology, hematology
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