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StageZero Life Sciences Announces Resignation of CFO

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StageZero Life Sciences (TSX:SZLS) (OTCQB:SZLSF) announced the resignation of CFO and COO Matthew Pietras, effective immediately. Pietras will assist in transitioning to a new CFO. The company expressed gratitude for his contributions over the past 9 months during significant organizational changes, including the incorporation of Care Oncology. StageZero focuses on advanced diagnostics for early cancer detection and includes programs like the COC Protocol for cancer management and AVRT for chronic disease prevention.

Positive
  • Transitioning to new leadership may bring fresh perspectives and strategies.
  • StageZero's focus on innovative cancer detection and management could enhance its market position.
Negative
  • The resignation of a key executive raises concerns about leadership stability.
  • Potential experience gap left by Pietras may affect ongoing initiatives.

TORONTO, ON and RICHMOND, VA / ACCESSWIRE / May 26, 2022 / StageZero Life Sciences, Ltd. (TSX:SZLS) (OTCQB:SZLSF) ("StageZero" or the "Company"), a vertically integrated healthcare company devoted to improving the early detection and management of cancer and other chronic diseases through leading-edge molecular diagnostics and clinical interventions, today announced that Matthew Pietras has resigned as CFO and COO. Mr. Pietras will support the Company during the transition to a new CFO.

"We thank Matt for his hard work and dedication these last 9 months during which we incorporated Care Oncology and transitioned into a vertically integrated healthcare company" said James Howard-Tripp, Chairman and CEO of StageZero Life Sciences. "We wish him well in his next endeavors."

About StageZero Life Sciences, Ltd.

StageZero Life Sciences, Ltd. is a vertically integrated healthcare company dedicated to improving the early detection and management of cancer and other chronic diseases through next-generation diagnostics and unique telehealth programs that provide clinical interventions to assist patients who currently have cancer (COC Protocol) as well as help patients reduce the risk of developing late-stage disease (AVRT™).

The Company's next generation test, Aristotle®, is the first ever mRNA multi-cancer panel for simultaneously screening for multiple cancers from a single sample of blood with high sensitivity and specificity for each cancer. Aristotle® uses mRNA technology to identify the molecular signatures of multiple cancer types and is built on the Company's patented technology platform, the Sentinel Principle. This underlying technology has been validated in more than 9,000 patients and used by more than 100,000 patients in North America.

The Care Oncology Clinic offers a supervised treatment regimen (the COC Protocol) for people diagnosed with cancer of any type or stage. Developed by scientists and oncologists, the COC Protocol is intended for adjunctive administration alongside standard-of-care cancer therapy. It is an individualized therapeutic approach which seeks to simultaneously target multiple metabolic cancer pathways. The aim is to restrict cancer cell energy supply and use, which may make it more difficult overall for cancer cells to survive, grow and adapt to changing conditions in the body. As a result, such cells can potentially become more vulnerable to attack from cell-killing therapies such as radiotherapy and chemotherapy. Its patented COC Protocol incorporates a multifaceted approach, supported by peer-reviewed scientific studies, which highlight the potential of certain treatments to target the specific energy requirements of cancer cells, impacting their ability to grow and multiply.

AVRT is a Physician-Led, telehealth program for identifying and managing the early warning signs of cancer and chronic disease. Our program includes: a comprehensive online health evaluation; blood tests to measure markers of inflammation and metabolism; an in-depth initial physician consultation; regular physician follow-up appointments and interval screening.

Aristotle®, as well as additional cancer diagnostics (ColonSentry®, and the Prostate Health Index) are processed at the Company's clinical laboratory, StageZero Life Sciences, Inc., a CAP accredited and CLIA certified high-complexity reference laboratory in Richmond, Virginia. In addition, the Company is also leveraging its specialty in polymerase chain reaction (PCR) testing to provide COVID-19 PCR testing (swab and saliva) and Antibody Testing (blood analysis).

StageZero Life Sciences trades on the Toronto Stock exchange under the symbol SZLS and on the OTCQB under the symbol SZLSF.

Forward-Looking Statements

This press release contains forward-looking statements identified by words such as "expects", "will" and similar expressions, which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties that could cause the Company's actual events to differ materially from those projected herein. Investors should consult the Company's ongoing quarterly filings and annual reports for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements, except as required by law.

For further information please contact:

Investor Relations
Rebecca Greco
1-855-420-7140 ext. 1838
rgreco@stagezerols.com

SOURCE: StageZero Life Sciences Ltd



View source version on accesswire.com:
https://www.accesswire.com/702814/StageZero-Life-Sciences-Announces-Resignation-of-CFO

FAQ

What led to Matthew Pietras's resignation as CFO and COO of StageZero Life Sciences?

Matthew Pietras resigned after a 9-month tenure to pursue other opportunities; he will assist in the transition to a new CFO.

How could the resignation of Matthew Pietras impact StageZero Life Sciences?

The resignation may introduce instability in leadership and could affect the continuity of ongoing projects and company strategies.

What is the focus of StageZero Life Sciences?

StageZero Life Sciences is dedicated to cancer detection and management using advanced diagnostics and clinical interventions.

What programs does StageZero Life Sciences offer for cancer management?

StageZero offers the COC Protocol for cancer treatment and AVRT, a telehealth program for early disease detection.

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