NanoString Technologies Appoints Kirk Malloy, Ph.D. to Board of Directors
September 13 2016 - 6:00AM
NanoString Technologies, Inc. (NASDAQ:NSTG), a provider of life
science tools for translational research and molecular diagnostic
products, today announced the appointment of Kirk Malloy, Ph.D. to
the company’s Board of Directors, effective September 12,
2016. The Board now consists of seven members.
Dr. Malloy is a senior healthcare executive with
more than 20 years of leadership in life science tools, applied
markets and molecular diagnostics. He is currently founder and
principal at BioAdvisors, LLC where he provides strategic
consulting services to life science, genomic and diagnostic
companies. His previous experience includes a 13-year career at
Illumina, Inc., where he was most recently Senior Vice President
and General Manager of Life Sciences & Applied Markets. Prior
to joining Illumina, Dr. Malloy served as Director of Technical
Support at Biosite, Inc. where he helped build their point-of-care
cardiovascular diagnostics test business. Dr. Malloy also held
various management roles at Qiagen N.V., where he helped build the
North American commercial organization.
“I’m excited to be joining such a high-caliber team during an
exciting stage of growth,” said Dr. Malloy. “The field of genomics
is rapidly evolving from biomarker discovery, to validation and
translation into clinical diagnostics, and NanoString’s nCounter®
platform is uniquely positioned to become the platform-of-choice
for complex molecular diagnostics.”
Dr. Malloy received his B.S. in Biology and Marine Science from
the University of Miami, and his M.S. and Ph.D. in Marine Biology
and Biochemistry from the University of Delaware. Dr. Malloy
currently serves as lead director for Organovo Holdings, Inc.
(NASDAQ:ONVO), as well as a director for three privately held
companies -- Edico Genome, iGenomx and Agilome.
“Kirk brings a wealth of knowledge gained at the leading-edge of
life science tools and genomics,” said President and Chief
Executive Officer, Brad Gray. “He has guided commercial teams
through periods of explosive growth, and we look forward to Kirk’s
perspectives and insights as we focus on our market penetration and
scaling the business.”
About NanoString Technologies, Inc.
NanoString Technologies provides life science
tools for translational research and molecular diagnostic products.
The company's nCounter® Analysis System has been employed in life
sciences research since it was first introduced in 2008 and has
been cited in more than 1,250 peer-reviewed publications. The
nCounter Analysis System offers a cost-effective way to easily
profile the expression of hundreds of genes, proteins, miRNAs, or
copy number variations, simultaneously with high sensitivity and
precision, facilitating a wide variety of basic research and
translational medicine applications, including biomarker discovery
and validation. The company's technology is also being used in
diagnostics. The Prosigna® Breast Cancer Prognostic Gene Signature
Assay together with the nCounter Dx Analysis System is FDA 510(k)
cleared for use as a prognostic indicator for distant recurrence of
breast cancer. In addition, the company is collaborating with
multiple biopharmaceutical companies in the development of
companion diagnostic tests for various cancer therapies, helping to
realize the promise of precision oncology.
For more information, please visit www.nanostring.com.
NanoString, NanoString Technologies, the
NanoString Technologies logo, nCounter and Prosigna are trademarks
or registered trademarks of NanoString Technologies, Inc. in
various jurisdictions.
Contact:
Doug Farrell
Vice President, Investor Relations & Corporate Communications
dfarrell@nanostring.com
Phone: 206-602-1768
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