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Rockley Establishes Scientific Advisory Board of Prominent Scientists and Medical Experts

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Rockley Photonics has formed a new Scientific Advisory Board (SAB)Vish Kulkarni, the board aims to support Rockley’s mission of empowering health decisions through its advanced biosensing platform, which provides non-invasive monitoring of multiple biomarkers.

Positive
  • Formation of a diverse Scientific Advisory Board (SAB) with experts in key biomedical disciplines.
  • Chaired by Vish Kulkarni, enhancing leadership and strategic direction.
  • SAB's expertise expected to advance Rockley's biosensing platform for consumer and medtech markets.
Negative
  • Potential continuity and experience gaps if advisory members have other commitments.

- Assembly of recognized experts to bring complementary experience and insights to Rockley’s ongoing efforts to revolutionize wearable biosensing technology

OXFORD, England & PASADENA, Calif.--(BUSINESS WIRE)-- Rockley Photonics Holdings Limited (NYSE: RKLY) (“Rockley”), a global leader in photonics-based health monitoring and communications solutions, today announced the formation of a scientific advisory board (SAB) gathering world-renowned experts across several key disciplines in biomedical science and technology, including spectroscopy, diabetes technology, hydration science, and cardiology.

Rockley’s new scientific advisory board (Graphic: Business Wire)

Rockley’s new scientific advisory board (Graphic: Business Wire)

The newly formed SAB will support Rockley’s mission of empowering people to make better-informed decisions about their health and well-being. The members of the SAB will advise Rockley concerning its unique biosensing platform, which enables the non-invasive, continuous, and near-real-time monitoring of multiple biomarkers. The members will provide input, guidance, and support for Rockley’s efforts to realize the full potential of its biosensing platform for the consumer and medtech markets.

The SAB will be chaired by Vish Kulkarni, senior vice president of commercial at Rockley Photonics. The initial members of the Rockley SAB include the following experts in their field:

Mark A. Arnold, Ph.D. is the Edwin B. Green Chair in Laser Chemistry, professor of chemistry and director of the Center for Biocatalysis and Bioprocessing (CBB) at the University of Iowa. He is a widely recognized expert in the non-invasive optical monitoring of biomarkers such as glucose and urea. In 2016, Dr. Arnold received the Senior Spectroscopist Designation from the Society for Applied Spectroscopy. He has been the Fellow of the Society for Applied Spectroscopy since 2010 and was a collegiate fellow at the College of Liberal Arts and Sciences, University of Iowa from 2001 to 2006.

Zahi A. Fayad, Ph.D. is a professor of Radiology and Medicine (cardiology) at the Icahn School of Medicine at Mount Sinai and holds the Lucy G. Moses Professorship in Medical Imaging and Bioengineering at the Icahn School of Medicine in New York. He is the founding director of Mount Sinai’s Biomedical Engineering and Imaging Institute and vice chair for research in the Department of Radiology at the Icahn School of Medicine at Mount Sinai. Dr. Fayad’s interdisciplinary and discipline-bridging research — from engineering to biology and from pre-clinical to clinical investigations — has been dedicated to the detection and prevention of cardiovascular disease, with many seminal contributions in the field of multimodality biomedical imaging, nanomedicine, AI/ML in Imaging, and digital mobile health. Dr. Fayad is a paid consultant for Rockley Photonics.

Stavros Kavouras, Ph.D. is an assistant dean of graduate education and professor of nutrition at Arizona State University. He directs the Hydration Science Lab, where he is studying the mechanisms by which water intake can impact health and performance. His current research focuses on the effect of water intake on glucose regulation and its implication on children’s hydration and obesity. Dr. Kavouras has authored more than 150 peer-review articles and 9,000 citations and has given lectures in 29 countries.

David C. Klonoff, M.D. is an endocrinologist specializing in the development and use of diabetes technology. He is the medical director of the Dorothy L. and James E. Frank Diabetes Research Institute of Mills-Peninsula Medical Center in San Mateo, California, and is a Clinical Professor of Medicine at University of California San Francisco. Dr. Klonoff received the American Diabetes Association’s Outstanding Physician Clinician Award in 2019. He received an FDA Director’s Special Citation Award from the U.S. Food and Drug Administration in 2010 for outstanding contributions related to diabetes technology. In 2012, Dr. Klonoff was elected to the College of Fellows at the American Institute of Medical and Biological Engineering (AIMBE), representing the top 2% of the world’s medical and biological engineers. He is founding editor of the Journal of Diabetes Science and Technology.

Vish Kulkarni, senior vice president of commercial at Rockley Photonics, said, “This esteemed group brings a diverse range of skills and experiences to the Rockley community, from scientific and medical expertise to the commercial application of biomedical technology. The willingness of these distinguished individuals to join our advisory board reinforces the importance and relevance of Rockley’s work in wearable biosensing technology. We look forward to working with them, and to adding new members to this advisory board, as we drive our efforts to meet the fast-growing demand for better insights into personal health and well-being.”

More information about Rockley’s digital health monitoring solution is available here: https://rockleyphotonics.com/biomarker-sensing/.

About Rockley Photonics
A global leader in photonics-based health monitoring and communications solutions, Rockley Photonics is developing a comprehensive range of photonic integrated circuits and associated modules, sensors, and full-stack solutions. From next-generation sensing platforms specifically designed for mobile health monitoring and machine vision to high-speed, high-volume solutions for data communications, Rockley is laying the foundation for a new generation of applications across multiple industries. Rockley believes that photonics will eventually become as pervasive as micro-electronics, and it has developed a platform with the power and flexibility needed to address both mass markets and a wide variety of vertical applications.

Formed in 2013, Rockley is uniquely positioned to support hyper-scale manufacturing and address a multitude of high-volume markets. Rockley has partnered with numerous tier-1 customers across a diverse range of industries to deliver the complex optical systems required to bring transformational products to market.

To learn more about Rockley, visit rockleyphotonics.com.

Cautionary Note Regarding Forward-Looking Statements
Statements in this press release that are not historical facts constitute “forward-looking statements” for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding Rockley’s future expectations, beliefs, plans, objectives, and assumptions regarding future events or performance. The words “accelerate,” “advance,” “anticipate,” “believe,” “can,” “capability,” “continue,” “could,” “develop,” “enable,” “estimate,” “eventual,” “expand, “expect,” “focus,” “forward,” “future,” “goal,” “intend,” “may,” “might,” “opportunity,” “outlook,” “plan,” “possible,” “position,” “potential,” “predict,” “project,” “revolutionize,” “seem,” “should,” “trend,” “vision,” “will,” “would” or other terms that predict or indicate future events, trends, or expectations, and similar expressions or the negative of such expressions may identify forward-looking statements, but the absence of these words or terms does not mean that a statement is not forward-looking. Forward-looking statements in this press release include, but are not limited to, statements regarding the following: (a) the potential of Rockley’s sensing platform to provide non-invasive, continuous, near-real-time monitoring of biomarkers that provide insights about a variety of health conditions; (b) the anticipated and potential features, scope, goals, and benefits of the Company’s platform, products, and technology; (c) its development of a range of photonic integrated circuits and associated modules, sensors, and full-stack solutions; (d) Rockley’s belief that photonics will eventually become as pervasive as micro-electronics; and (e) Rockley’s potential to support hyper-scale manufacturing, address a multitude of high-volume markets, and deliver the complex optical systems required to bring transformational products to market.

Forward-looking statements are subject to several risks, assumptions, and uncertainties (many of which are beyond Rockley’s control) that may cause actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the factors described under the heading “Risk Factors” in Rockley’s Annual Report on Form 10-K for the year ended December 31, 2021, and in other documents Rockley files with the Securities and Exchange Commission. If any of these risks or uncertainties materialize, or should any of these assumptions prove incorrect, actual results may differ materially from those discussed in or implied by these forward-looking statements. There can be no assurance that future developments affecting Rockley will be those that have been anticipated. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements speak only as of the date hereof and Rockley does not intend to update or revise any forward-looking statements, whether because of new information, future events, or otherwise, except as required by law.

Media

Debra Raine

Rainemakers

Telephone: +1 415-349-7432

Email: rockleyphotonics@rainemakers.com



Investors

Gwyn Lauber

Rockley Photonics

Telephone: +1 626-995-0001

Email: investors@rockleyphotonics.com

Source: Rockley Photonics Holdings Limited

FAQ

What is the purpose of Rockley's new Scientific Advisory Board (SAB)?

The SAB aims to support Rockley's mission by providing expert insights to enhance its wearable biosensing technology.

Who are the members of Rockley's Scientific Advisory Board (SAB)?

The SAB includes experts such as Mark A. Arnold, Zahi A. Fayad, Stavros Kavouras, and David C. Klonoff.

What role does Vish Kulkarni play in Rockley's new SAB?

Vish Kulkarni serves as the chair of the SAB, guiding its strategic direction and initiatives.

How might the SAB impact Rockley Photonics' stock (RKLY)?

The SAB's expertise could enhance Rockley's product development and market positioning, potentially positively influencing stock performance.

When was the Scientific Advisory Board (SAB) announced?

The SAB was announced in a press release dated August 10, 2022.

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