LONDON and PHOENIX, March 04, Mar 04, 2022 (GLOBE NEWSWIRE via COMTEX) --
LONDON and PHOENIX, March 04, 2022 (GLOBE NEWSWIRE) -- AccuStem Sciences, Inc. (otc pink:ACUT), a life sciences company dedicated to improving outcomes for patients with cancer, today announced the formation of its executive leadership team as the first major step toward commercializing new products in the oncology space.
Wendy Blosser, a commercial executive with extensive leadership experience at diagnostic companies in the oncology sector, has been named Chief Executive Officer and a member of the board of directors for AccuStem. Wendy most recently served as the Chief Commercial Officer for Agendia, a leading breast oncology company, where she led the organization to its highest sales volume and revenue since its inception. Prior to that, Wendy served as the Chief Commercial Officer at Biodesix where she oversaw the launch and rapid growth of its blood-based genomic testing, GeneStrat.
"With the recent publication of our TransATAC analysis, I am pleased with the StemPrintER results to date, and believe the science behind the test will be applicable across different tumor types," said Wendy Blosser. "My vision is to build a company that offers a multitude of products- whether it's an esoteric diagnostic test or a novel therapeutic- that improve outcomes for cancer patients."
Also joining the leadership team are Jeff Fensterer, as Chief Operations Officer, and Joe Flanagan, as Chief Business Officer. Jeff brings an exceptional track record in long term strategic planning that is enhanced by his experience in a broad spectrum of roles including marketing, sales, market access, lab operations and product development. Joe brings 25 years of sales excellence as a strategic expert in the commercial development and successful launch of new and on-market products. Both executives have led companies at various stages, from early start up to Fortune 500, to consistent and rapid growth in sales volume and revenue, most recently with Agendia.
With the formation of the management team, AccuStem, a spinoff from Tiziana Life Sciences Ltd., /zigman2/quotes/207307745/composite TLSA +0.55% will be building its corporate headquarters in Phoenix, Arizona. The company is currently listed on the OTC PINK (ACUT) and plans to file an application to list its common stock on the Nasdaq Capital Market.
"We are pleased to have such an accomplished leadership team taking the reins at AccuStem," said Gabriele Cerrone, Chairman. "Given the breadth of their commercial experience in building companies such as Agendia, Biodesix and Cytyc Corporation (now Hologic), we believe this management team has the right skills to develop strong product and clinical research pipelines, and ultimately successfully commercialize new technologies at AccuStem."
AccuStem is a life sciences company dedicated to optimizing outcomes for all patients with cancer across the globe. The company takes a holistic view of its role in oncology- to empower patients and their care team with critical answers and tools and drive innovation in healthcare.
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