Tuesday, January 5, 2016

Supplementing Corporate Vision, VolitionRx (VNRX) Transitions Chief Medical Officer, Head of U.S. Operations to Full-Time Status

VolitionRx (NYSE MKT: VNRX) is a life sciences company focused on developing simple to use, yet effective diagnostic tests for cancer and other conditions by identifying and measuring nucleosomes in the bloodstream or other bodily fluid – an indication that disease is present. In recent months the company has made impressive strides toward its goal to bring its diagnostic products to market by obtaining patent protection for its technologies and leveraging invaluable personnel expertise.

VolitionRx today announced Dr. Jason Terrell, MD as its full-time chief medical officer and head of U.S. operations. Dr. Terrell has served in a part-time capacity in these roles since March 2013, and, on a full-time basis, he will continue to lead and coordinate VolitionRx’s U.S. operations in preparation for initial market entry of the company’s NuQ® blood tests for cancer in the U.S. and worldwide.

“The recent results of clinical trials by VolitionRx have been so compelling that we feel the time is right to employ a full-time head of U.S. operations in preparation for introducing our NuQ® blood tests to the U.S. market,” said Cameron Reynolds, president and chief executive officer of VolitionRx. “In the past few months, we have secured U.S. patents to protect our key technologies and are making strong progress toward our goal of commercialization of NuQ® products. As a doctor holding medical licenses in 14 states across the U.S., Jason brings comprehensive experience and knowledge regarding the U.S. regulatory environment and competitive situation, which should be invaluable in developing VolitionRx’s strategy to enter the U.S. market and gain FDA approval of our NuQ® cancer tests. In his role as VolitionRx’s chief medical officer, Jason will continue to bring first-hand insights of a medical practitioner and a deep understanding of patient requirements.”

Through his part-time tenure with VolitionRx, Dr. Terell is well-familiar with the potential of VolitionRx’s NuQ® tests and what they could mean for oncology patients.

“In addition to now demonstrating more than 90% accuracy in detecting colorectal, pancreatic and lung cancers, NuQ® tests are non-invasive for patients, requiring only a single drop of blood, and are simple for doctors to administer on existing clinical laboratory instruments,” said Dr. Terrell. “As a doctor myself, it’s very exciting to be involved with bringing NuQ® tests to market as they have the potential to make major advances in the early detection of cancer, lead to a greater number of individuals being screened for various cancers, and significantly improve patient outcomes.”

Dr. Terrell earned his medical degree at the University of Texas and affiliate MD Anderson Cancer Center, with expertise in both clinical medicine and the laboratory diagnostics business. He has a strong grounding in diagnostics and product commercialization and has both executive and board directorship experience with publicly traded companies in the biotechnology and pharmaceutical industries. Dr. Terrell previously served on the board of directors and as medical director for CDEX Inc., a company developing drug validation technology. In addition, over the last six years, Dr. Terrell has built and sold multiple private diagnostic laboratories and currently serves as a National Franchise Corporate Medical Director for Any Lab Test Now, which includes overseeing more than 70 franchises in 14 states.

Dr. Terrell earned a Bachelor of Science Biochemistry from Hardin-Simmons University, where he graduated Summa Cum Laude, receiving the Holland Medal of Honor as the top graduate in the School of Science and Mathematics. He then attended the University of Texas at Houston Medical School and affiliate MD Anderson Cancer Center to become Doctor of Medicine. He undertook his General Medicine Internship, and Anatomic and Clinical Pathology Residency at Texas Tech University Health Sciences Center. In February 2014, Dr. Terrell was the recipient of the Outstanding Young Alumni Award from Hardin-Simmons University.

For more information visit www.volitionrx.com

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