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BIOCRATES Life Sciences GmbH Names Wulf Fischer-Knuppertz New CEO



6/18/2013 6:40:46 AM

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Wulf Fischer-Knuppertz Appointed New CEO of BIOCRATES Life Sciences AG

INNSBRUCK, Austria , June 18, 2013 /CNW/ - On 1 June 2013 , Dr Wulf Fischer-Knuppertz, took over as Chief Executive Officer (CEO) of the internationally operating biotech company BIOCRATES Life Sciences AG. He will from now on be responsible for the company's corporate and strategic management.

For more than 25 years, Dr Fischer-Knuppertz has held various leading positions in the diagnostics and pharmaceutical industries. Most recently, 56-year-old Fischer-Knuppertz, who holds a PhD in veterinary medicine, was General Manager with Fisher Scientific and before that had held leading positions at Roche Diagnostics. In the field of diagnostics, Fischer-Knuppertz brings not only ample experience in General Management, Business Development, and Marketing and Sales but also an in-depth know-how in personalized medicine to the job.

Fischer-Knuppertz enthusiastically commented his appointment: "I am very attracted to BIOCRATES` unique targeted metabolomics platform capabilities. The technology is highly innovative and has a huge commercial potential. I look forward to establishing relationships and innovative collaborations that will showcase this exceptional metabolomics platform and contribute to BIOCRATES` growth and continued success."

The technical and scientific responsibilities within the BIOCRATES Life Sciences AG management team will continue to be fulfilled by Chief Technology Officer Dr Ralph Zahn . The former Chairman of the Board, Elgar Schnegg, will be leaving the company in an atmosphere of excellent mutual understanding on 30 June 2013 .

About BIOCRATES

BIOCRATES Life Sciences AG is a leading biotechnology company based in Innsbruck/Austria focused on the development of metabolomics products and in vitro diagnostics (IVDs) for early disease and progression detection in areas such as nephrology, diabetes, oncology, and endocrinology. The company's mass-spectrometry-based, standardized metabolomic kits and IVDs provide unprecedented accuracy, precision, and multiplexing potential that will help revolutionize the way personalized medicine is applied in R&D and diagnostics.

For more information, please go to http://www.biocrates.com.

SOURCE: Biocrates Life Sciences AG

Contact:

BIOCRATES Life Sciences AG

Martina Klocker

Martina.Klocker@biocrates.com

Phone +43-(0)512-579823

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