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diaDexus Appoints New CEO Brian E. Ward, Ph.D. and New CBO Michael Richey
Date:9/26/2011

SOUTH SAN FRANCISCO, Calif., Sept. 26, 2011 /PRNewswire/ -- diaDexus, Inc. (OTC Bulletin Board: DDXS), a diagnostics company focused on the development and commercialization of patent-protected in vitro diagnostic products addressing unmet needs in cardiovascular disease, today announced the Board of Directors' appointment of a new chief executive officer, Brian E. Ward, Ph.D. and a new chief business officer, R. Michael Richey. Dr. Ward assumes his new position immediately; Richey joins the company October 1. Interim CEO Jim Panek continues as a member of the Board of Directors. diaDexus also said that Bernard M. Alfano, executive vice president and chief commercial officer, is leaving the company.

According to Lori Rafield, chairman of the company's Board of Directors, "Brian has an impressive track record, having built a revolutionary diagnostic laboratory service from start-up to annualized revenues exceeding $100.3 million. His experience has already proved valuable both in establishing a vision for creating shareholder value and in implementing a plan for executing on that vision.  As a key member of our leadership, Mike's expertise in strategic business development, marketing and sales, particularly within the cardiovascular market, complements Brian's operational and commercial experience."

Brian Ward has served as a director of diaDexus since May 2011, and as interim chief operating officer since July. He brings to diaDexus more than two decades of experience at the senior management level in laboratory operations, product development, strategic direction, financial management and medical services. Most recently, Dr. Ward served as chief operating officer and executive vice president at On-Q-ity Inc., a private oncology diagnostics company, where he had primary responsibility for research and development. Before that, Dr. Ward served as senior vice presid
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SOURCE diaDexus, Inc.
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