OncoCyte Promotes Lyndal Hesterberg To Senior Vice President, Research And Development

ALAMEDA, Calif., Nov. 08, 2016 (GLOBE NEWSWIRE) -- OncoCyte Corporation (NYSE MKT:OCX), a developer of novel, non-invasive blood-based tests for the early detection of cancer, today announced that Lyndal Hesterberg, Ph.D. has been promoted to Senior Vice President, Research and Development, a newly created position reporting to William Annett, OncoCyte's Chief Executive Officer. In his new role, Dr. Hesterberg will oversee the Company's research, development, clinical and regulatory teams. 

Dr. Hesterberg joined OncoCyte as a consultant in 2015 and was named Vice President of Development in February of 2016. He has worked extensively as an industry consultant to medical and biotech companies providing counsel on clinical trial design, product development and corporate strategy. During his career he has helped bring to market many diagnostic products via both the FDA and Laboratory Developed Test regulatory pathways. Dr. Hesterberg was the Chief Technical Officer at Crescendo Biosciences where he was responsible for clinical trials, laboratory operations, manufacturing and quality systems and helped bring to market Vectra DA. Prior to that he was the President and CEO of Barofold, Inc., where he led the company from product conception through its clinical stage. He also has served as a founder and EVP of Scientific Affairs at Thermo Biostar, Director of Product Development at Syngene, and Manager of Diagnostic Product Development at Amgen. He received his Ph.D. in biochemistry from the University of St. Louis and a Bachelor of Science from the University of Illinois.

"Lyndal's contribution to our R&D efforts are invaluable, and he is spearheading the development of our lung cancer test," commented Mr. Annett.  "This newly-created position will focus our R&D organizational structure as we move towards the potential launch of our lung cancer diagnostic test in the second quarter of 2017. I am confident that Lyndal's industry expertise and success bringing products to market will enable him to excel in this role."

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