Industry Veteran Named CEO of Vigilant Biosciences

New “rinse and spit” screen for oral cancer could reduce disfigurement and save lives

MIAMI--()--Vigilant Biosciences, Inc., (VigilantBIO) developer of the “rinse and spit” screening test for the early detection of oral cancer, today announced the appointment of David Barshis as Chief Executive Officer. Mr. Barshis is an industry veteran with over 20 years of management experience in diagnostics, biotechnology and pharmaceuticals.

“David brings a wealth of experience and a track record of success to VigilantBIO,” said Vigilant Biosciences founder and Chairman Matthew H.J. Kim, J.D. “His proven ability to build high performing teams and to bring products from the lab to the marketplace is an indication of how we believe he will shepherd our unique technology into a commercial and medical success.”

“VigilantBIO possesses a unique solution to a tremendous unmet need across the globe,” said Mr. Barshis. “This technology has the potential to reach millions of people each year who are at risk of developing oral cancers, leading to earlier detection, more effective treatment and reduced mortality.”

During his more than 20 years in the life sciences industry, Mr. Barshis has played integral roles in corporate governance, fundraising and new product commercialization. As Chief Operating Officer of Zila Pharmaceuticals, he was responsible for supporting a $40 million private investment in public equity (PIPE) capital raise to fund an acquisition and to launch ViziLite Plus, a breakthrough technology for the detection and diagnosis of oral cancers. He has also served as CEO for a biotechnology startup in the oncology therapeutics market, and has held senior management positions at Sigma-Tau Pharmaceuticals, Warner Lambert, and GSK/Wellcome Pharmaceuticals, where he built new businesses and spearheaded several successful Rx-to-OTC initiatives. He began his healthcare career at Procter & Gamble as a Brand Manager. Mr. Barshis holds a Bachelor's Degree from the College of William and Mary and an MBA from the Kellogg School of Management at Northwestern University.

About the technology –

The VigilantBIO oral cancer screening technology measures early cancer markers via a saline solution that is swished in the mouth and collected in a tube. Collecting the teaspoon-sized sample takes about ten seconds and results are designed to be available in minutes. The patented technology, developed at the University of Miami is undergoing a National Cancer Institute-sponsored clinical trial, which is expected to be completed in the summer of 2012.

About 640,000 people are diagnosed with oral cancer each year worldwide, according to the Oral Cancer Foundation. In the United States, about 35,000 new cases each year result in about 6,800 deaths, according to the American Cancer Society. Oral cancer treatment options include surgery, radiation and chemotherapy.

About Vigilant Biosciences, Inc.

Vigilant Biosciences, Inc. is a medical technology company enabling screening and early intervention to avoid the adverse outcomes associated with life threatening illness. The company’s initial product development initiatives are centered on head and neck cancer screening technologies using quick and straightforward sample collection and detection methodologies. For more information, visit www.vigilantbiosciences.com.

Contacts

Vigilant Biosciences, Inc.
Bill Wells, 404-281-7490
info@vigilantbiosciences.com

Release Summary

David Barshis named CEO of Vigilant Biosciences, developing "rinse and spit" test for oral cancer.

Contacts

Vigilant Biosciences, Inc.
Bill Wells, 404-281-7490
info@vigilantbiosciences.com