Glenn Washer Joins Inotiv, Inc., as Group President, Safety Assessment

Rhea-AI Summary

Inotiv, Inc. (NASDAQ: NOTV) announces the appointment of Glenn Washer as Group President, Safety Assessment, effective June 20, 2022. This new role aims to enhance the Company's safety assessment services globally. Washer, a board-certified toxicologist with over 35 years of CRO/biopharma experience, previously led initiatives at Frontage Laboratories and Charles River Laboratories. His responsibilities will focus on growing the safety assessment business, improving processes, and delivering excellent client experiences. Inotiv remains committed to advancing drug discovery and development services.

Positive

• Appointment of Glenn Washer as Group President to enhance safety assessment services.
• Washer brings over 35 years of experience in CRO/biopharma sectors.
• Focus on growing the safety assessment business and refining operational efficiency.

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• None.

WEST LAFAYETTE, Ind., June 22, 2022 (GLOBE NEWSWIRE) -- Inotiv, Inc. (NASDAQ: NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced that Glenn Washer joined the Company as Group President, Safety Assessment, effective June 20, 2022. This is a newly-created position.

“At Inotiv, we intend to continue to grow our safety assessment services, and to be a leading provider worldwide,” said Greg Beattie, Chief Operating Officer, Discovery and Development Services at Inotiv. “I believe Glenn is the ideal leader to drive this effort and help us achieve our organizational purpose of helping our clients bring life-changing therapies to market.”

Mr. Washer is a board-certified toxicologist with over thirty-five years of experience in the CRO/biopharma industry, most recently serving as President of Frontage Laboratories, North America, where he led the support groups serving all business units, and as Executive Vice President for Global Safety and Toxicology Services, responsible for several sites in the U.S. and China. Prior to his tenure at Frontage, Mr. Washer served as Corporate Senior Vice President, responsible for Charles River Laboratories’ North America Safety Assessment business.

Mr. Washer’s key responsibilities will include:

• Leading the growth and development of the Company’s safety assessment business unit
• Developing and refining the Company’s business processes and operating model to be an integrated, efficient, and dynamic safety assessment business unit
• Advancing and implementing plans to consistently deliver excellent client experiences across our safety assessment sites
  

“I’m thrilled to join the Inotiv team and eager to help drive the growth of the Company’s safety assessment offerings,” said Mr. Washer. “I am very much aligned with Inotiv’s business philosophy and strategy, as it resonates with my own views that: 1) employee engagement and development are the foundation for success—and must be a primary focus; 2) as a company seeks to grow and mature, its leaders, staff and culture must be open and encouraging of new approaches, new structures and new processes; and 3) scientific leadership, integrity and quality are cornerstones and must always be kept in sharp focus. I look forward to working with our team to deliver world-class safety assessment services to our valued clients.”

About Inotiv

Inotiv, Inc. is a leading contract research organization dedicated to providing nonclinical and analytical drug discovery and development services and research models and related products and services. The Company’s products and services focus on bringing new drugs and medical devices through the discovery and preclinical phases of development, all while increasing efficiency, improving data, and reducing the cost of taking new drugs to market. Inotiv is committed to supporting discovery and development objectives as well as helping researchers realize the full potential of their critical R&D projects, all while working together to build a healthier and safer world. Further information about Inotiv can be found here: https://www.inotivco.com/.

This release may contain forward-looking statements that are subject to risks and uncertainties including, but not limited to, risks and uncertainties related to changes in the market and demand for our products and services, the development, marketing and sales of products and services, changes in technology, industry and regulatory standards, the timing of acquisitions and the successful closing, integration and business and financial impact thereof, governmental regulations, inspections and investigations, the impact of site closures and consolidations, expansion and related efforts, and various other market and operating risks, including those detailed in the Company's filings with the U.S. Securities and Exchange Commission.

Company Contact		Investor Relations
Inotiv, Inc.		The Equity Group Inc.
Beth A. Taylor, Chief Financial Officer		Devin Sullivan
(765) 497-8381		(212) 836-9608
btaylor@inotivco.com		dsullivan@equityny.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6ace15f7-636c-473b-adab-bf9114b298ec

FAQ

Who has been appointed as Group President of Inotiv?

Glenn Washer has been appointed as Group President, Safety Assessment, effective June 20, 2022.

What is Glenn Washer's experience in the biopharma industry?

Glenn Washer has over 35 years of experience in the CRO/biopharma industry, having previously served at Frontage Laboratories and Charles River Laboratories.

What are Glenn Washer's key responsibilities at Inotiv?

His responsibilities include leading growth in the safety assessment business, developing efficient processes, and ensuring excellent client experiences.

What is Inotiv's focus with the new appointment?

Inotiv aims to enhance its safety assessment services and strengthen its position as a leading provider worldwide.