Saladax Biomedical, Inc. Announces Pacific Rim Commercialization Team in Australia and China

Tuesday, May 10, 2011 Environmental Health
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BETHLEHEM, Pa., QUEENSLAND, Australia and BEIJING, May 9, 2011

/PRNewswire/ -- Saladax Biomedical, Inc., a privately held company developing and commercializing novel diagnostic assays to achieve the promise of personalized medicine for new and existing therapeutics, announced today the formation of its Pacific
Rim
commercialization team to expand its presence in Australia and China.

Members of Saladax's Pacific Rim commercialization team include:

  • Yunying Li, Ph.D. (Saladax Biomedical, Inc.) – Dr. Li, Director of Market Development, Asia, with Saladax Biomedical, has held leadership roles in the Company since 2004.  Until 2010, she served as Research Group Leader, supervising product development efforts of the MyCare™ assay development group.  Prior to Saladax, Dr. Li was a senior research scientist at OraSure Technologies, Inc.  Dr. Li has relocated to Beijing where, utilizing her technical experience with the MyCare line and her cultural ties in China, she will lead the establishment of Saladax's commercial presence in this important market.  
  • Patrick Cook (Macarthur Cook Group Pty Ltd) – Mr. Cook is Principal at Macarthur Cook Group Pty Ltd, a privately held company in Queensland, Australia, which provides business development, education and training services.  Mr. Cook's extensive experience in the Australian diagnostic industry will help Saladax expand its sales and marketing efforts in Australia.  Mr. Cook serves as director and board member of IVD Australia Ltd., a leader in Australia's in vitro diagnostic industry.  He has worked with multiple international and local organizations including Roche Diagnostics, Quidel, Abbott Diagnostics and Royal Brisbane & Women's Hospital.

"With Dr. Li's extensive experience working with Saladax and Mr. Cook's significant knowledge and recognition in the diagnostics industry, we are confident we will successfully commercialize Saladax's assays in China and Australia," said Edward L. Erickson, president and CEO of Saladax.  

About Saladax Biomedical, Inc.

Saladax Biomedical develops and commercializes novel diagnostic assays to achieve the promise of personalized medicine through dose management and companion diagnostic products for existing and new therapeutics.  The Company's dose management technology enables physicians to optimize drug dosing to meet individual patient needs, leading to improved response and quality of life.  The Company's 15 MyCare™ dose management assays are comprised of proprietary, automated and cost-effective in vitro diagnostic tests, with a principal focus in oncology.  The first MyCare assay available is for one of the most common anticancer drugs, 5-fluorouracil (5-FU).  This assay is available in the United States from Myriad Genetics, sold by Saladax in Europe and will be distributed in Japan by FALCO biosystems.  Saladax also works with pharmaceutical companies to develop companion diagnostics to provide important clinical information to assist in developing and administering new and existing compounds.

Saladax Biomedical, Inc. Adrienne Choma, Esq.VP Marketing & Salesachoma@saladax.comMedia Contact:Tiberend Strategic Advisors, Inc.212-827-0020Andrew Mielachamielach@tiberend.comorFarrell Denbyfdenby@tiberend.com

SOURCE Saladax Biomedical, Inc.



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