Renovaro Inc. Appoints Maurice van Tilburg to Lead GEDi Cube BV

Rhea-AI Summary

Renovaro Inc. (NASDAQ: RENB) has appointed Maurice van Tilburg, its current Chairman of the Board, as Chief Executive Officer of its subsidiary GEDi Cube BV, a company specializing in AI-driven cancer diagnostics. Van Tilburg brings extensive experience from his previous roles, including Director of the Dutch National Growth Fund where he managed €11B in government investments, and CEO of Euronext Amsterdam. In his new position, he will focus on commercializing technologies, advancing partnerships with Nebul for early cancer detection, and leading the Lumina project for lung cancer Minimal Residual Disease detection. The appointment aims to accelerate GEDi Cube's development pipeline and create value through various products and services in cancer diagnostics and therapeutics.

Positive

• Appointment of experienced executive with significant capital markets and technology background
• Leader with proven track record in managing large investment portfolios (€11B at Dutch National Growth Fund)
• Strategic focus on commercialization of cancer diagnostic technologies

Negative

• None.

Current Renovaro Chairman to Lead Subsidiary’s Development Program and Commercialization

LOS ANGELES and AMSTERDAM, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Renovaro Inc. (NASDAQ: RENB), a pioneer in cancer diagnostics and therapeutics powered by artificial intelligence, today announced Chairman of the Board, Maurice van Tilburg, has been appointed as Chief Executive Officer of its subsidiary GEDi Cube BV (a leader in AI-driven cancer diagnostics by integrating multi-omics with liquid biopsies) DBA RenovaroCube.

Maurice van Tilburg has held several senior positions in the Financial Services industry and Tech enterprises combining general management, technology, operational service delivery, financial management, audit and product development. In conjunction with the appointment, Mr. van Tilburg recently retired as the Director of the Dutch National Growth Fund where he oversaw a total of more than €11B covering the largest portfolio of government investments in the area of innovation and technology. With this new role he builds on his role at Techleap.nl where he developed new and additional sources of funding for Dutch Tech scale-ups in order to contribute to global challenges, economic growth, technology capabilities and employment in the Netherlands. Mr. van Tilburg brings with him his experience as CEO of Euronext Amsterdam where he was responsible for clients, product development, organization and P&L for the Dutch market as well as the operational running of all European stock markets of Euronext. In that context Mr. van Tilburg has also held nonexecutive/advisory board member positions at several startup companies.

“We are privileged that our Chairman Maurice van Tilburg has accepted the position of Chief Executive Officer of GEDi Cube BV, bringing a deep understanding of both Renovaro and GEDi Cube BV,” said David Weinstein, Chief Executive Officer of Renovaro. “His expertise in technology and the capital markets will enable us to prioritize commercializing our technologies. He will take the lead in partnerships with Nebul to advance the early detection of cancer and other diseases, and the Lumina project which aims to deliver an advanced Minimal Residual Disease (MRD) detection platform for lung cancer. Maurice will be instrumental in steering us in our next stage of growth and GEDi Cube’s BV development pipeline to create value streams from a broad range of products and services.”

"I am thrilled to have the opportunity to lead GEDi Cube BV into its next exciting phase of development,” said Maurice van Tilburg “I believe that the transformative AI Cube platform will be an inflection point in the creation of diagnostics for early-stage cancer and identifying new genes for our Cancer Vaccine Platform. I look forward to working closely with the GEDiCube executive team to harness the power of multi-omics biomarkers and AI-driven technology with the aim to transform recurrence risk prediction and treatment strategies for millions of patients worldwide.”

Renovaro’s Board of Directors unanimously approved the appointment of Maurice van Tilburg as CEO of GEDi Cube BV.

About Renovaro

Renovaro https://renovarogroup.com/ aims to accelerate precision and personalized medicine for longevity powered by mutually reinforcing AI and biotechnology platforms for early diagnosis, better-targeted treatments, and drug discovery. Renovaro Inc. includes RenovaroBio with its advanced cell-gene immunotherapy company and RenovaroCube.

About GEDi Cube BV

DBA RenovaroCube is a pioneer in AI-based molecular diagnostics, committed to revolutionizing healthcare through advanced data analysis. Its platform integrates cutting-edge AI capabilities with state-of-the-art HPC infrastructure to provide unparalleled insights into multi-omic data for early detection of diseases based on non-invasive testing using liquid biopsy(blood)

RenovaroCube’s AI platform is purpose-built to process and analyze multi-omic molecular data, facilitating the discovery of biomarkers critical for early cancer detection, monitoring, and treatment personalization. Originally developed for the fintech sector, this platform is being reengineered for healthcare, offering:

• Sequence Processing: Transform raw molecular data from patient samples into clean, analyzable formats using advanced sequencing and alignment technologies, ensuring the highest quality for downstream analysis.
• Biomarker Discovery: Harness unique algorithms and multi-omic pipelines to identify biologically relevant cancer biomarkers, providing critical insights into disease mechanisms and potential therapeutic targets.
• AI Factory: Employ sophisticated machine learning models to predict cancer presence, origin, and stage based on extracted biomarker features. These models are trained on vast datasets to enhance accuracy and reliability, supporting early detection and personalized treatment strategies.
• Precision Diagnostics: Offer an interactive interface for visualizing data, generating comprehensive clinical reports, and delivering actionable insights across various omic layers and biomarkers. This interface empowers healthcare professionals to make informed decisions with confidence.

Forward-Looking Statements

Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties, including but not limited to the success or efficacy of our pipeline, platform and fundraising. All statements other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as “believes,” “plans,” “expects,” “aims,” “intends,” “potential,” or similar expressions. Actual events or results may differ materially from those projected in any of such statements due to various uncertainties, including as set forth in Renovaro’s most recent Annual Report on Form 10-K filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and Renovaro Inc. undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

Investor Relations

Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
RENB@mzgroup.us
www.mzgroup.us

For media inquiries, please contact:

karen@renovarocube.com and STarsh@Renovarogroup.com

FAQ

What is the significance of Maurice van Tilburg's appointment as CEO of GEDi Cube BV for RENB shareholders?

The appointment brings experienced leadership with capital markets expertise to commercialize RENB's cancer diagnostic technologies and advance partnerships, potentially creating new value streams for shareholders.

What major projects will GEDi Cube BV focus on under van Tilburg's leadership?

Under van Tilburg's leadership, GEDi Cube will focus on partnerships with Nebul for early cancer detection and the Lumina project for lung cancer Minimal Residual Disease detection platform.

What experience does Maurice van Tilburg bring to RENB's GEDi Cube BV?

Van Tilburg brings experience as CEO of Euronext Amsterdam, Director of Dutch National Growth Fund managing €11B in investments, and expertise in technology, financial management, and operational service delivery.

How will GEDi Cube BV's AI technology be utilized under the new leadership?

The AI Cube platform will be used to create diagnostics for early-stage cancer detection and identify new genes for the Cancer Vaccine Platform, focusing on multi-omics biomarkers and AI-driven technology.