PEB
02/05/2012 15:37
OFFICE
REL: 1537 HRS Pacific Edge Limited
OFFICE: PEB: Appointment of Jackie Walker as CEO for US subsidiary
Appointment of Jackie Walker as CEO for US business subsidiary,
Pacific Edge DiagnosticsUSA
Pacific Edge announces the appointment of Jackie Walker as the Chief
Executive Officer of Pacific Edge's wholly owned subsidiary Pacific Edge
Diagnostics USA Ltd (PEDUSA).
The PEDUSA laboratory, located in Hershey Pennsylvania with a planned
capacity of up to 260,000 tests per annum, is on track for completion of the
build-out in September 2012. PEDUSA is on target to commence business
operations in March 2013, following an anticipated successful completion of
the regulatory process administered by the Clinical Laboratory Improvements
Amendment (CLIA).
Treatment of bladder cancer incurs the highest total medical costs of any
cancer, and in the United States this figure is approaching US$200,000 per
patient from detection until death. In the US there are expected to be in
excess of 1,000,000 people presenting to their healthcare provider this year
with blood in their urine, and it is anticipated that the US healthcare
system could invest in excess of $1 billion this year in investigating
haematuria. Cxbladder(R) is expected to replace cytology for patients
presenting to clinicians with haematuria and be used to complement cystoscopy
in the clinical care of patients following treatment where patients are being
monitored for a recurrence of the disease.
Most recently Jackie was President and CEO of OSspray, a UK headquartered
biotech start-up. She led the company from founding IP technology through
business plan development and fund raising to clinical validation, regulatory
approval, global product commercialisation, and scale-up leading to strategic
acquisition.
David Darling, CEO of Pacific Edge, said: 'we are thrilled to have Jackie
Walker drive our growth in the US. She is a strategic, results-oriented, and
passionate executive with 25 years experience in the Life Sciences/Medical
Device Industry. She has an outstanding background in P&L management, Sales
and Marketing, New Product Development, and Operations. Her experience spans
large global companies as well as start-ups.'
'Throughout her career, Jackie has demonstrated a track record of success by
conceiving and executing strategies to grow revenues, competitive market
positioning, and profitability. This is exactly the kind of background that
will drive PEDUSA's growth'.
Jackie graduated from Duke University with a BS degree in Engineering and
received an MBA in Marketing and Finance from the University of North
Carolina, Chapel Hill where she was a Morehead Fellow.
Jackie resides with her family in York, Pennsylvania and is now based at the
new laboratory and US headquarters site in Hershey, Pennsylvania.
For further information contact:
David Darling
Chief Executive Officer
Pacific Edge
USA Cell: +1 (415) 515 8636
NZ Cell: +64 (21) 797981
End CA:00222482 For:PEB Type:OFFICE Time:2012-05-02 15:37:44
