RCS - Oxford BioDynamics - OBD strengths commercial leadership

Oxford BiodynamicsAnnouncement

08/11/2023 07:00

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RNS Number : 7049S  Oxford BioDynamics PLC  08 November 2023

Oxford BioDynamics Plc

 

Oxford BioDynamics strengthens commercial leadership with new SVP of Business
and Corporate Development

·   Appointment of industry veteran Dr Steven Arrivo as SVP business and
corporate development.

·   Dr Arrivo to focus on marketing, partnering and sales of the recently
launched EpiSwitch Prostate Screening (PSE) test.

Oxford, UK - 8 November, 2023 - Oxford BioDynamics, Plc (AIM: OBD, the
Company), a biotechnology company developing precision medicine tests based on
the EpiSwitch® 3D genomics platform has appointed Dr Steven Arrivo as Senior
Vice President of Business and Corporate Development. Dr Arrivo brings over 20
years of science and industry experience along with an established track
record in business and corporate development within personalized medicine
across big pharma, biotech and molecular diagnostics companies.

 

Dr Arrivo joins Oxford BioDynamics from CellCarta Biosciences (formerly
Caprion) where he spent five years in Business Development, as Senior Director
and Vice President. Prior to that he was at Biodesix and Ventana Medical
Systems. Before then, he spent four years at Pfizer in various R&D roles
and he began his career at Merck & Co., Inc. as a Senior Project Scientist
following several academic research positions. Dr Arrivo holds a Bachelor's
degree in Chemistry from the University of Eastern Illinois, and a Master's
degree in Synthetic Organic and Inorganic Chemistry and Ph.D. in Physical
Chemistry from Northwestern University. He completed Postdoctoral studies in
Physical Chemistry at Columbia University.

 

At OBD, Dr Arrivo's role will be to implement effective marketing and sales
strategies for the newly launched EpiSwitch® PSE prostate cancer detection
test. His specific focus will be to grow sales in the US market, where he has
considerable experience of launching products.

 

Dr Jon Burrows, CEO of Oxford BioDynamics, commented:

"Having someone of Steve's calibre in the OBD commercial team is a real
endorsement of our technology and its potential. He has a wealth of experience
in this industry and the ideal skill set to drive our commercial efforts with
PSE. His leadership and knowledge will be invaluable across all areas of our
growing product portfolio."

 

"While it is currently early days for the PSE test in the market, the signs
are promising. We have work to do so establish ourselves fully in the testing
market, but appointments of this quality are crucial in strengthening and
furthering our progress towards that goal."

 

-Ends-

For further details please contact:

 Oxford BioDynamics Plc         +44 (0)1865 518910

 Jon Burrows, CEO

 Paul Stockdale, CFO

 Shore Capital                  +44 (0)20 7408 4090

 Nominated Adviser and Broker

 Stephane Auton

 Iain Sexton

 Instinctif Partners

 Melanie Toyne-Sewell            +44 (0)20 7457 2020

 Rozi Morris                    OxfordBioDynamics@instinctif.com

 Jack Kincade

 

Notes to Editors

About Oxford BioDynamics Plc

Oxford BioDynamics Plc (AIM: OBD) is a global biotechnology company, advancing
personalized healthcare by developing and commercializing precision medicine
tests for life-changing diseases.

Its flagship products are the EpiSwitch® CiRT
(https://url.avanan.click/v2/___https:/www.mycirt.com/___.YXAxZTpzaG9yZWNhcDphOm86OTRjOGE5ZDRmYWIwMTc2MWFhZjYyZTZkMWJhZTFmNDg6NjphN2EwOmU5ZDc2NmYxZjYxNTk4OGE3YzY3NzkzYWRmODlmMmZmMzBmZmU2ZDZlZmNhMWI0ZmRlYjE3Nzc5N2Q4NmUzZTc6cDpU)
(Checkpoint Inhibitor Response Test) and EpiSwitch® PSE
(http://www.94percent.com) (EpiSwitch Prostate Screening test) blood tests.
CiRT is a predictive immune response profile for immuno-oncology (IO)
checkpoint inhibitor treatments, launched in February 2022. PSE is a blood
test that boosts the predictive accuracy of a PSA test from 55% to 94% when
testing the presence or absence of prostate cancer, which has been launched in
the US and UK in September 2023.

In March 2021, the Company launched its first commercial prognostic test,
EpiSwitch® CST
(https://url.avanan.click/v2/___https:/covidseveritytest.com/___.YXAxZTpzaG9yZWNhcDphOm86OTRjOGE5ZDRmYWIwMTc2MWFhZjYyZTZkMWJhZTFmNDg6NjpmZWY1OmMzOGIyYTk2Yjk1OTgyMDNlMGFkNmQwZGU3ZmNmYzQwMzZmMGIwZDQ5NzA0OTAzNDc0NzY2ZDQyZGZiYjk5YWU6cDpU)
(Covid Severity Test) and the first commercially available microarray kit for
high-resolution 3D genome profiling and biomarker discovery, EpiSwitch®
Explorer Array Kit
(https://url.avanan.click/v2/___https:/store.oxfordbiodynamics.com/___.YXAxZTpzaG9yZWNhcDphOm86OTRjOGE5ZDRmYWIwMTc2MWFhZjYyZTZkMWJhZTFmNDg6NjpiMWU2OjMzMTc0NWQ5ZWZhODg0MmY1N2EzZjY2YWRkZDI5YjBkOTRhM2M0ZTZkOGJkNWM2Y2I5MDE4MmQ4M2Y4ZjViMDY6cDpU)
, which is available for purchase by the life science research community.

The Company's product portfolio is based on a proprietary 3D genomic biomarker
platform, EpiSwitch®, which can build molecular diagnostic classifiers for
the prediction of response to therapy, patient prognosis, disease diagnosis
and subtyping, and residual disease monitoring in a wide range of indications.

Oxford BioDynamics has participated in more than 40 partnerships with big
pharma and leading institutions including Pfizer, EMD Serono, Genentech,
Roche, Biogen, Mayo Clinic, Massachusetts General Hospital and Mitsubishi
Tanabe Pharma.

The Company has created a valuable technology portfolio, including biomarker
arrays, molecular diagnostic tests, bioinformatic tools for 3D genomics and an
expertly curated 3D genome knowledgebase comprising hundreds of millions of
data points from over 15,000 samples in more than 30 human diseases.

OBD is headquartered in Oxford, UK and is listed on AIM of the London Stock
Exchange. It also has a commercial office in Gaithersburg and a clinical
laboratory in Frederick, MD, USA, and a reference laboratory in Penang,
Malaysia.

For more information, please visit the Company's website,
www.oxfordbiodynamics.com
(https://url.avanan.click/v2/___http:/www.oxfordbiodynamics.com___.YXAxZTpzaG9yZWNhcDphOm86OTRjOGE5ZDRmYWIwMTc2MWFhZjYyZTZkMWJhZTFmNDg6Njo3ZjFmOjUxZjRiNmRmMzBiMGI3ZjA2NDJjNjFkZTc2MTM5MThjYjUxZGNiN2ZhNmRhNWRkMjY0MTAwNWY4ODA3ZjE4ZjU6cDpU)
, or follow OBD on Twitter
(https://url.avanan.click/v2/___https:/twitter.com/OxBioDynamics___.YXAxZTpzaG9yZWNhcDphOm86OTRjOGE5ZDRmYWIwMTc2MWFhZjYyZTZkMWJhZTFmNDg6NjplM2FmOjIwMTI1ZWNlOWJkYjRjZDQ1YjA4YWI2NDc0NWY1OWYzNzg1NTEzYjM0NjIwYTZmNTljNjk0YTQ1YzBkMjg0OTM6cDpU)
(@OxBioDynamics) and LinkedIn
(https://url.avanan.click/v2/___https:/www.linkedin.com/company/oxford-biodynamics___.YXAxZTpzaG9yZWNhcDphOm86OTRjOGE5ZDRmYWIwMTc2MWFhZjYyZTZkMWJhZTFmNDg6Njo2YjgzOjcwMGI3YTM5ODdkMDVmNjA5ZDgxN2FmYWVjYTJkMjIzM2E3NTgzYzM0ZGIzMGIyZDIyYWZlZTVjN2QyZmY4ZGQ6cDpU)
.

About EpiSwitch®

The 3D configuration of the genome plays a crucial role in gene regulation. By
mapping this architecture and identifying abnormal configurations, EpiSwitch®
can be used to diagnose patients or determine how individuals might respond to
a disease or treatment.

Built on over 10 years of research, EpiSwitch® is Oxford Biodynamics'
award-winning, proprietary platform that enables screening, evaluation,
validation and monitoring of 3D genomic biomarkers. The technology is fully
developed, based on testing of over 15,000 samples in 30 disease areas, and
reduced to practice.

In addition to stratifying patients with respect to anticipated clinical
outcomes, EpiSwitch® data offer insights into systems biology and the
physiological manifestation of disease that are beyond the scope of other
molecular modalities. The technology has performed well in academic medical
research settings and has been validated through its integration in biomarker
discovery and clinical development with big pharma.

 

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