TwinStrand Biosciences Expands Executive Team With Appointment of Goran Pljevaljcic as Chief Commercial Officer

Rhea-AI Summary

TwinStrand Biosciences has appointed Goran Pljevaljcic, Ph.D., as Chief Commercial Officer. He brings over 20 years of experience in the genomics industry, including significant roles at Bionano Genomics (NASDAQ: BNGO). This leadership change aims to strengthen the company's commercial strategy as it expands its high-resolution duplex sequencing offerings, which enhance the detection of low-frequency genomic variants. Dr. Pljevaljcic's expertise is expected to accelerate the deployment of these technologies for clinical applications, improving healthcare outcomes.

Positive

• Appointment of Goran Pljevaljcic expected to enhance commercial leadership.
• Dr. Pljevaljcic brings over 20 years of experience in genomics, potentially boosting TwinStrand's growth.

Negative

• None.

SEATTLE--(BUSINESS WIRE)-- TwinStrand Biosciences, Inc., the pioneer and developer of duplex sequencing, today announced the appointment of Goran Pljevaljcic, Ph.D. as Chief Commercial Officer. Dr. Pljevaljcic brings a successful track-record of commercial leadership in the genomics industry to TwinStrand, including experience building and managing clinical and research products through all stages of commercialization.

“TwinStrand is pleased to welcome Goran to the team. His experience further solidifies our management team and brings capabilities that will be invaluable as we continue to expand our commercial portfolio of high-resolution duplex sequencing offerings,” said TwinStrand CEO Jesse Salk, M.D., Ph.D. “Goran brings demonstrated commercial expertise that will support the acceleration of our efforts to broadly deliver the unprecedented accuracy of duplex sequencing technology to applications in clinical medicine and the life sciences.”

Dr. Pljevaljcic is a seasoned commercial leader with more than two decades of experience in the life sciences, the last nine years of which he focused on leading commercial teams in the genomics industry. He joined TwinStrand from Bionano Genomics (NASDAQ: BNGO), a public genomics company providing solutions for structural genome analysis with applications in cancer and genetic disease. Dr. Pljevaljcic has held various positions of increasing responsibility including director positions of business development, of strategy and corporate development, vice president of global commercial operations, and most recently served as vice president of sales and support. Prior to that, he marketed and out-licensed IP from the Scripps Research Institute through their tech transfer office and consulted for private biotech companies. He holds a Ph.D. in chemistry from the University of Dortmund/Max Planck Institute of Molecular Physiology in Germany.

“TwinStrand’s pioneering duplex sequencing approach is a powerful and elegant solution that extends the value of next-generation sequencing to enable the illumination of important low frequency variants that are not currently detectable by other methods,” said Dr. Pljevaljcic. “It is an honor to join Jesse and the entire TwinStrand team and I look forward to advancing our mission to improve human health and accelerate scientific discovery.”

About TwinStrand Biosciences

TwinStrand Biosciences is leading the way in identifying ultra-low frequency genomic variants that are undetectable by conventional methods. The company's highly sensitive and specific Duplex Sequencing technology delivers clearer insights to researchers and clinicians in applications ranging from residual cancer detection to genetic toxicology. This data can inform critical decisions in clinical medicine, public health, and other fields of science on a faster timescale, where actions are most impactful. TwinStrand's scientist-leaders have authored more than two dozen peer-reviewed articles using Duplex Sequencing technology and have developed a portfolio of more than 150 patents and patent applications. The company has partnered with pharmaceutical companies, academic centers, clinical research networks, and federal regulatory agencies to bring high precision genomics to the forefront of their science. For more information visit www.twinstrandbio.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220428005484/en/

Goran Pljevaljcic

TwinStrand Biosciences

gpljevaljcic@twinstrandbio.com

Colin Sanford

Bioscribe

colin@bioscribe.com

Source: TwinStrand Biosciences, Inc.

FAQ

Who is Goran Pljevaljcic and what is his role at TwinStrand?

Goran Pljevaljcic is the newly appointed Chief Commercial Officer at TwinStrand Biosciences, bringing extensive experience in the genomics industry.

What impact will Goran Pljevaljcic have on TwinStrand?

His expertise in commercial leadership is expected to strengthen TwinStrand’s strategy and accelerate its market expansion in duplex sequencing.

What is duplex sequencing technology?

Duplex sequencing technology developed by TwinStrand allows for the detection of ultra-low frequency genomic variants, enhancing precision in clinical applications.

What was Goran Pljevaljcic's previous experience before joining TwinStrand?

Prior to TwinStrand, he served in various leadership roles at Bionano Genomics, focusing on commercial operations in the genomics sector.

What does TwinStrand specialize in?

TwinStrand Biosciences specializes in high-resolution duplex sequencing technology aimed at improving detection of genomic variants in clinical and research applications.