Avid Bioservices Appoints Oksana Lukash as Vice President, People

Rhea-AI Summary

Avid Bioservices, Inc. (NASDAQ:CDMO) has appointed Oksana Lukash as vice president of people, bringing over 20 years of HR expertise in the life sciences sector. Previously at Oncocyte Corporation, she led major acquisitions and expanded the workforce significantly with low turnover rates. CEO Nick Green expressed confidence in her ability to enhance Avid’s workplace culture and optimize team performance. Avid specializes in contract development and manufacturing for biologics, offering a full range of services including process development and CGMP manufacturing.

Positive

• Oksana Lukash has over 20 years of HR experience, likely bringing valuable expertise to Avid.
• Her successful track record includes driving three acquisitions and significant employee growth at Oncocyte.
• Avid's leadership expresses excitement about her contributions to workplace culture and optimization.

Negative

• None.

TUSTIN, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ:CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today announced the appointment of Oksana Lukash, as vice president, people. Ms. Lukash has more than 20 years of human resources experience with both established and entrepreneurial organizations across a range of industries.

Prior to joining Avid, Ms. Lukash served as vice president, people & culture at Oncocyte Corporation, a precision diagnostics company. During her three year tenure with the company, she was instrumental in driving three acquisitions and the successful integration of the acquired entities. Ms. Lukash is also credited with growing Oncocyte’s employee base by nearly 600%, with less than 5% turnover and securing recognition for the company multiple times as a “Best Places to Work” locally and national. Throughout her career, she has also held senior human resources roles with several other leading life science companies including Avanir Pharmaceuticals, Agendia, and Clarient. Ms. Lukash is also an active member of Chief network, a private network built to drive more women into positions of leadership, as well as a vice chair of the board for the Dee Dee Jackson Foundation, an organization that connects those who have a commonality in grief.

“We are excited to welcome Oksana and her track record of successfully building and supporting workforces and creating best-in-breed cultures at a range of leading companies within the life science industry to Avid,” said Nick Green, president and chief executive officer of Avid Bioservices. “Her strategic, tech-savvy approach is an ideal fit for the company and we look forward to the contributions that she will make in continuing to enhance our team and optimize the workplace in which they drive Avid’s success.”

About Avid Bioservices, Inc.

Avid Bioservices (NASDAQ:CDMO), an S&P SmallCap 600 company, is a dedicated contract development and manufacturing organization (CDMO) focused on development and CGMP manufacturing of biologics. The company provides a comprehensive range of process development, CGMP clinical and commercial manufacturing services for the biotechnology and biopharmaceutical industries. With 29 years of experience producing monoclonal antibodies and recombinant proteins, Avid's services include CGMP clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing and regulatory submissions support. For early-stage programs the company provides a variety of process development activities, including upstream and downstream development and optimization, analytical methods development, testing and characterization. The scope of our services ranges from standalone process development projects to full development and manufacturing programs through commercialization. www.avidbio.com

FAQ

Who is Oksana Lukash and what is her role at Avid Bioservices?

Oksana Lukash is the newly appointed vice president of people at Avid Bioservices, bringing over 20 years of human resources experience.

What prior experience does Oksana Lukash have before joining Avid Bioservices?

Before Avid, Lukash served as vice president of people & culture at Oncocyte Corporation, where she was key in acquisitions and workforce expansion.

How might Oksana Lukash's appointment impact Avid Bioservices?

Her track record in building strong workplace cultures and managing significant growth may enhance Avid's team performance and retention.

What services does Avid Bioservices provide?

Avid provides contract development and CGMP manufacturing services, focusing on biologics for the biotechnology and biopharmaceutical industries.