NORTHBROOK, Ill., Oct. 10, 2012 (GLOBE NEWSWIRE) -- Nanosphere, Inc., (Nasdaq:NSPH), a leader in the development and commercialization of advanced molecular diagnostics systems, announced the appointment of Roy N. Davis to the Board of Directors. Mr. Davis had been with Johnson & Johnson for nearly three decades prior to his retirement this past January.
Mr. Davis brings to Nanosphere's Board of Directors extensive experience in building and leading clinical diagnostics businesses and producing substantial shareholder value. "We are pleased to welcome Roy to the board," said William Moffitt, president and chief executive officer. "Roy's background is well suited to help us guide Nanosphere through the very rapid stage of growth we recently entered."
Mr. Davis was President, Johnson & Johnson Development Corporation and Vice President, Corporate Development for all of J&J until his retirement on January 1, 2012. Previously Mr. Davis served as Company Group Chairman & Worldwide Franchise Chairman, Diagnostics after running several other J&J businesses."I am pleased to help Nanosphere take full advantage of its opportunity to lead the diagnostics market in adopting molecular testing in mainstream medicine," said Mr. Davis. "I look forward to working with the company and fellow board members to build shareholder value." Mr. Davis serves on the boards of Rosetta Genomics and Innosight and is an advisor to the Cleveland Clinic and Wake Forest Baptist Health System. Mr. Davis received a B.S. from State University of New York at Albany and a M.S. from Rensselaer Polytechnic Institute. About Nanosphere, Inc. Nanosphere develops, manufactures and markets an advanced molecular diagnostics platform, the Verigene® System, for detection of life threatening infections and cardiovascular diseases. This easy to use and cost effective platform enables hospitals to rapidly and accurately detect a wide array of life threatening and costly diseases. Nanosphere is based in Northbrook, IL. Additional information is available at http://www.nanosphere.us . The Nanosphere, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4344
CONTACT: Investors: Nanosphere, Inc. Roger Moody, 847-400-9021 Chief Financial Officer email@example.com or Media: The Torrenzano Group Ed Orgon, 212-681-1700 firstname.lastname@example.org
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV