08:37:50 EDT Wed 15 May 2024
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Netramark Holdings Inc
Symbol AIAI
Shares Issued 65,872,099
Close 2023-11-06 C$ 0.32
Market Cap C$ 21,079,072
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Netramark appoints Alphs as CMO

2023-11-06 12:34 ET - News Release

Dr. Joseph Geraci reports

PHARMACEUTICAL INDUSTRY VETERAN JOINS NETRAMARK AS CHIEF MEDICAL OFFICER

Netramark Holdings Inc. has appointed Dr. Larry Alphs as its chief medical officer (CMO). Dr. Alphs will play an important role in shaping the company's initiatives, further strengthening its commitment to providing cutting-edge generative AI (artificial intelligence) solutions and improving clinical trial outcomes.

Dr. Alphs brings a wealth of experience to his role as CMO at Netramark. He is a distinguished physician with a record of leadership in the pharmaceutical industry, having previously served in leadership roles that include director at Novartis, executive director at Pfizer, therapeutic area leader, psychiatry, at Johnson & Johnson, and president of The International Society for CNS Clinical Trials and Methodology (ISCTM).

As CMO, Dr. Alphs will play a key role in the company's strategic direction, spearhead introductions to key organizations and leverage his extensive industry network. His academic leadership will help shape the company's publication strategy to demonstrate the effectiveness of the Netramark technology through high-impact publications.

"I am honoured to join Netramark as chief medical officer and be part of a team dedicated to revolutionizing clinical trials. I have spent my career focused on bringing novel medicines to market and one of the greatest challenges has been understanding the clear drivers of response to a particular candidate medicine during a clinical trial. I believe that Netramark's generative AI solutions have the capability to have a meaningful impact on revealing these hidden drivers of response and, in the process, improve the pharmaceutical industry's capability to efficiently develop novel therapeutics and medicines," said Dr. Alphs. "I look forward to providing my experience and contacts and, in the process, contributing to the evolution of precision medicine."

Dr. Joseph Geraci, Netramark's chief scientific and technical officer, expressed excitement about Dr. Alphs's appointment, stating: "We are thrilled to welcome Dr. Larry Alphs to our leadership team. His deep knowledge of the pharmaceutical industry and his commitment to improving the clinical trial process align perfectly with Netramark's goals. We believe his expertise will help Netramark shape the future of clinical trials."

The company also announces that Dr. D.J. Cook, who has served as Netramark's CMO, will transition to join the Netramark advisory board, where he will continue to provide strategic guidance. Netramark thanks Dr. Cook for his invaluable contributions.

About Netramark Holdings Inc.

Netramark is a company focused on being a leader in the development of artificial intelligence/machine learning solutions targeted at the pharmaceutical industry. Its product offering uses a novel topology-based algorithm that has the ability to parse patient data sets into subsets of people that are strongly related according to several variables simultaneously. This allows Netramark to use a variety of ML methods, depending on the character and size of the data, to transform the data into powerfully intelligent data that activate traditional AI/ML methods. The result is that Netramark can work with much smaller data sets and accurately segment diseases into different types, as well as accurately classify patients for sensitivity to drugs and/or efficacy of treatment.

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