The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRenalytix Plc Regulatory News (RENX)

Share Price Information for Renalytix Plc (RENX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 25.50
Bid: 25.00
Ask: 26.00
Change: 0.00 (0.00%)
Spread: 1.00 (4.00%)
Open: 25.50
High: 25.50
Low: 25.50
Prev. Close: 25.50
RENX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Thomas McLain Appointed as President and CCO

29 Jul 2019 07:00

RNS Number : 9424G
Renalytix AI PLC
29 July 2019
 

Renalytix AI plc

("RenalytixAI" or the "Company")

 

Thomas McLain Appointed as President and Chief Commercial Officer

 

RenalytixAI Expands Leadership Team with Focus on Reimbursement ahead of roll-out of artificial intelligence clinical in vitro diagnostic KidneyIntelX 

 

Renalytix AI plc (AIM: RENX), a developer of artificial intelligence-enabled diagnostics for kidney disease, announces the expansion of its leadership team with the appointment of diagnostic industry leader Thomas McLain as President and Chief Commercial Officer, effective immediately. In this non-Board role, McLain will be responsible for leading the commercial programme for KidneyIntelX with a focus on establishing national and international clinical adoption and reimbursement.

 

McLain most recently led business and commercial strategy for the Exosome Diagnostics' ExosomeDx® Prostate (Intelliscore) ("EPI") test, a liquid biopsy diagnostic for identifying men at increased risk for aggressive or high grade prostate cancer. While at Exosome Diagnostics, McLain secured a series of milestones for EPI within the first 18 months of national launch including a CPT code, Medicare pricing of $760 per test, private payer coverage determinations for more than 200 million lives in the US, inclusion in National Comprehensive Cancer Network (NCCN) Clinical Practice Guidelines, and a recent grant of FDA Breakthrough Device Designation.

 

McLain has been recognised as a leading voice for progressive diagnostic reimbursement strategy including innovative collaborations and programmes with private insurance groups to stimulate utility, outcome and health economic data collection leading to accelerated clinical adoption and positive coverage determinations.

 

McLain has served as President, Chief Executive Officer (CEO), General Manager, Board Chair and Board member of numerous successful pharmaceutical, biotechnology and diagnostic companies. McLain most recently served as the General Manager, President and CEO, and Chief Operating Officer for Exosome Diagnostics, Inc., a leading developer of liquid biopsy diagnostics for use in personalised medicine. While there, McLain led the transition from a research to a commercial company and was instrumental in its successful acquisition.

 

Prior to joining Exosome Diagnostics, McLain was President and CEO of Vermillion, a medical diagnostics company focused on women's health. While there, he led a strategic transformation of the company increasing its market capitalisation fivefold to over $100 million. Prior to joining Vermillion, he was the CEO of start-up Claro Scientific, a diagnostics company with a novel optics-based platform technology. Previously he was Chairman, CEO and President of Nabi Biopharmaceuticals, where he led the evolution of a plasma supply based business into a fully integrated biopharmaceutical company. Over his career, McLain has raised over $300 million in new capital and structured successful commercial alliances, joint ventures and research collaborations. McLain earned his B.A. at the College of the Holy Cross, and his M.B.A. from the University of Rochester.

 

James McCullough, Chief Executive Officer, RenalytixAI commented: "I am honoured to welcome Tom to the RenalytixAI leadership team. Tom's deep understanding of diagnostic product commercialisation, healthcare markets and reimbursement will be a great asset to our company."

For further information, please contact:

 

Renalytix AI plc 

www.renalytixai.com

James McCullough, CEO

Via Walbrook PR

Stifel (Nominated Adviser & Joint Broker)

Tel: 020 7710 7600

Alex Price / Jonathan Senior / Ben Maddison (Investment Banking)

Peter Lees (Corporate Broking)

N+1 Singer (Joint Broker)

Tel: 020 7496 3000

Aubrey Powell / James White / George Tzimas (Corporate Finance)Tom Salvesen / Mia Gardner (Corporate Broking)

Walbrook PR Limited

Tel: 020 7933 8780 or renalytix@walbrookpr.com

Paul McManus / Lianne Cawthorne

Mob: 07980 541 893 / 07584 391 303

 

About Kidney Disease 

Kidney disease is now recognised as a public health epidemic affecting over 850 million people globally. In the United States alone, over 40 million people are classified as having chronic kidney disease, with nearly 50 percent of individuals with advanced (Stage IV) disease unaware of the severity of their reduced kidney function. As a result, many patients progress to kidney failure in an unplanned manner, ending up having dialysis in the emergency room without ever seeing a clinical specialist, such as a nephrologist. Every day 13 patients die in the United States while waiting for a kidney transplant.

 

About RenalytixAI

RenalytixAI is a developer of artificial intelligence-enabled clinical diagnostic solutions for kidney disease, one of the most common and costly chronic medical conditions globally. The Company's solutions are being designed to make significant improvements in kidney disease diagnosis and prognosis, clinical care, patient stratification for drug clinical trials, and drug target discovery. For more information, visit renalytixai.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRARRMJTMBTTBPL
Date   Source Headline
10th May 20247:00 amRNSForm 8.3 - Renalytix plc
9th May 20241:37 pmRNSForm 8.3 - Renalytix PLC
9th May 20247:00 amRNSNotice of Q3 Results
8th May 20247:30 amRNSForm 8.3 - Renalytix plc
7th May 20242:28 pmRNSForm 8.3 - Renalytix plc
7th May 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
7th May 20247:13 amGNWForm 8.5 (EPT/RI) - Renalytix plc
7th May 20247:00 amRNSForm 8.3 - Renalytix plc
3rd May 20241:34 pmRNSForm 8.3 - Renalytix PLC
3rd May 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
3rd May 20247:38 amGNWForm 8.5 (EPT/RI) - Renalytix plc
2nd May 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
2nd May 20247:49 amRNSForm 8.3 - Renalytix plc
2nd May 20247:36 amGNWForm 8.5 (EPT/RI) - Renalytix Plc
2nd May 20247:00 amRNSForm 8.3 - Renalytix PLC
2nd May 20247:00 amRNSForm 8.3 - Renalytix plc
1st May 20245:10 pmRNSHolding(s) in Company
1st May 20244:08 pmRNSForm 8.3 - Renalytix plc
1st May 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
1st May 20248:08 amGNWForm 8.5 (EPT/RI) - Renalytix plc
30th Apr 20245:39 pmRNSForm 8 (DD) - Renalytix Plc
30th Apr 20245:03 pmRNSForm 8 (DD) - Renalytix Plc - Replacement
30th Apr 20247:00 amRNSHolding(s) in Company
29th Apr 20244:11 pmRNSForm 8.3 - Renalytix plc
29th Apr 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
29th Apr 20247:43 amRNSForm 8.3 - Renalytix PLC
29th Apr 20247:12 amGNWForm 8.5 (EPT/RI) - Renalytix Plc
29th Apr 20247:00 amRNSAdmission of the First Tranche Placing Shares
26th Apr 20245:34 pmRNSHolding(s) in Company
26th Apr 20244:32 pmRNSForm 8.3 - Renalytix PLC
26th Apr 20244:25 pmRNSHolding(s) in Company
26th Apr 202412:09 pmRNSForm 8.3 - Renalytix plc
26th Apr 202412:07 pmRNSForm 8.3 - Renalytix plc
26th Apr 202412:05 pmRNSForm 8.3 -Renalytix plc
26th Apr 202412:05 pmRNSForm 8.3 - Renalytix plc
26th Apr 202412:04 pmRNSForm 8.3 - Renalytix PLC
26th Apr 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
26th Apr 202411:39 amPRNForm 8.3 - Renalytix PLC
26th Apr 202410:33 amRNSForm 8.3 - RENALYTIX PLC
26th Apr 20247:59 amRNSForm 8.3 - Renalytix PLC
25th Apr 20242:22 pmRNSAllotment and issue of Second Tranche Shares
25th Apr 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
25th Apr 20246:45 amGNWForm 8.5 (EPT/RI) - Renalytix Plc
24th Apr 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
24th Apr 20247:38 amGNWForm 8.5 (EPT/RI) - Renalytix plc
23rd Apr 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
22nd Apr 20245:27 pmRNSIssue of Shares and Rule 2.9 Announcement
22nd Apr 20244:09 pmRNSResult of General Meeting
22nd Apr 202412:00 pmRNSForm 8.5 (EPT/RI) - Renalytix plc
18th Apr 20241:13 pmRNSForm 8.3 - Renalytix plc

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.