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Vermillion Announces Additions to Commercial Management Team
Date:8/14/2014

AUSTIN, Texas, Aug. 14, 2014 /PRNewswire/ -- Vermillion, Inc. (NASDAQ: VRML), a multivariate diagnostics company focused on gynecologic cancers and women's health, has appointed David Jansen as Vice President of Marketing. In addition, the company has created the new position of Vice President of Sales and Managed Markets, which will be filled and announced shortly.

David Jansen has been hired to the new position of Vice President of Marketing. David joins us from Myriad Genetics, where he has held senior marketing roles for the last seven years. David has an undergraduate degree from Northern Arizona University and an MBA from the University of Phoenix.

"A major goal of Vermillion in 2014 is to take full control of our commercial progression as we re-define our strategic relationship with Quest," said James LaFrance, Vermillion's Chairman, President and Chief Executive Officer. "We have expanded our direct sales force, opened our new commercial CLIA lab, ASPiRA LABS, and are now supplementing our management team with critical commercial expertise and experience. David Jansen's expert knowledge of the women's health market with an industry leader, and his twenty years of global commercial marketing strategy expertise will be a tremendous asset for Vermillion. We will also soon be in a position to announce our new Vice President of Sales and Managed Markets who will be responsible for leading our direct selling efforts to health care professionals and all reimbursement efforts with commercial payers."

Both positions will report directly to the Chief Executive Officer. As part of this re-organization and re-structure, Marian Sacco, the Company's Chief Commercial Officer, will be leaving the Company.  Ms. Sacco joined Vermillion in December of 2013.

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