David A. Esposito has been named President and Chief Executive Officer of Armune BioScience, Inc. to succeed the founding and outgoing President and CEO, Eli L. Thomssen. The Company also completed the first close on a $2.5 million Series A financing round designed to underwrite the launch of Apifiny™, its innovative, non-PSA blood test to aid in the early detection of prostate cancer.
"As Armune prepares to launch Apifiny, it is pleased with the financial support it has attracted and the growing interest from the Urology community in the utility of its prostate cancer risk assessment assay,” said Thomssen. Board Chairman Donald R. Parfet stated, “The Company is grateful for the years of service provided by Eli Thomssen in overseeing the development of our technology and capabilities.” As part of the transition, Thomssen will now become the Chief Business Officer for the company. Parfet continued, “We are excited to have David assume the CEO role at the Company. His extensive experience in the industry will serve our commercialization efforts very well.” Full Story»