BOSTON, April 15 /PRNewswire/ -- Allegro Diagnostics, a leader in the field of molecular diagnostics for lung cancer, has announced that Duncan Whitney, Ph.D., has joined the company as Vice President, Research & Development. Previously, Dr. Whitney worked for Exact Sciences, U.S. Genomics, and Progenika in executive level scientific roles. Dr. Whitney holds a Ph.D. and master's degrees in chemistry from M.I.T. and a B.S. in chemistry from Colby College.
Duncan Whitney will be a critical player to Allegro's success as we look to take Allegro Diagnostics' product portfolio from the bench to the marketplace," said Dan Rippy, President & CEO of Allegro Diagnostics. "Duncan's extensive experience with both the science and commercialization of molecular diagnostics will serve us well," he added.
"A highly qualified executive like Duncan has many career options," said Steve Chubb, director of Allegro Diagnostics and former Chairman and CEO of Matritech. "We are encouraged that Duncan has elected join Allegro Diagnostics to steer the development of our products and help build commercial success."
Allegro Diagnostics is in the process of launching its clinical trial for BronchoGen(TM) under an investigational device exemption (IDE) with the U.S. Food and Drug Administration (FDA). BronchoGen(TM) uses easily accessible cells lining the airway (bronchial epithelial cells) obtained during bronchoscopy and analyzes their RNA to measure gene expression levels. Allegro's scientific team has found that specific sets of genes are over- and under-expressed in current or former smokers with lung cancer as compared to those without lung cancer. This finding was validated in a 164 patient study published in Nature Medicine in March, 2007. Importantly, the BronchoGen(TM) approach does not require an actual tissue sample from a suspicious nodule or lesion, which often must be accessed through highly invasive procedures that pose significant risks to the patient. The FDA IDE clinical trial has also received a Fast Track, Phase I/II small business innovation research (SBIR) grant from the National Cancer Institute (NCI).
About Lung Cancer
About Allegro Diagnostics
About Kodiak Venture Partners
Catalyst Health Ventures is an early-stage venture capital firm targeting technology solutions applied within the health care and life science industries. At the core of its strategy is a committed, hands-on approach to working with management and syndicate partners to build successful companies. Catalyst's disciplined investment process leverages both intellectual and financial capital to originate deals, cultivate opportunities, and realize the full potential of emerging ventures in the health care and life science marketplace. For more information on Catalyst Health Ventures, visit: www.catalysthealthventures.com.
CONTACT: Dan Rippy, +1-617-414-6990, firstname.lastname@example.org
Web site: http://www.allegrodx.com/