05:05:43 EDT Tue 30 Apr 2024
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Biomark Diagnostics Inc
Symbol BUX
Shares Issued 90,886,229
Close 2024-02-23 C$ 0.30
Market Cap C$ 27,265,869
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Biomark Diagnostics appoints Peterson to advisory group

2024-02-26 15:50 ET - News Release

Mr. Rashid Bux reports

THERESA PETERSON JOINS BIOMARK'S ADVISORY TEAM

Biomark Diagnostics Inc. has appointed Theresa Peterson as a new member of Biomark's advisory team.

Rashid Ahmed Bux, chief executive officer and president of Biomark Diagnostics, said: "We are extremely proud and honoured to have Theresa Peterson join our advisory group. Theresa brings a unique blend of strategic thinking, financial acumen and relationship-building skills to Biomark. She excels at identifying and capitalizing on funding opportunities, developing innovative funding strategies, and building strong relationships with government agencies, foundations and other key stakeholders."

Biomark's board and shareholders welcome Ms. Peterson and look forward to her professional contribution to building Biomark into a dynamic diagnostic solution provider in the United States and internationally.

About Ms. Peterson

Ms. Peterson is a retired senior executive director of GE Research. She is an accomplished executive with expertise in government affairs, government funding, and diversity and inclusion initiatives. With a successful career spanning over 30 years working for two iconic companies, she has demonstrated a commitment to driving positive change, advocating for underrepresented communities, and fostering inclusive policies and practices in science and technology. As senior executive director for government affairs and chief diversity officer of GE Research, Ms. Peterson was responsible for leading the government affairs and funding strategies as well as driving diversity and inclusion efforts. Prior to joining GE, she held the position of manager of government affairs for 10 years at 3M. Ms. Peterson secured substantial grants and contracts, leveraging her deep understanding of government processes and funding sources. During her career at GE, she led a team responsible for securing over $500-million annually in government funding across the RDT&E (research, development, test and evaluation) accounts of the federal government. Ms. Peterson possesses a comprehensive understanding of public policy and regulatory frameworks. She effectively communicates the organization's needs and objectives, influencing policy decisions that advance outcomes that are beneficial to all stakeholders.

Ms. Peterson holds a bachelor of arts in management from Simmons University and a master of arts from the University of Virginia School of Architecture. Ms. Peterson is deeply committed to advancing diversity and inclusion in science and technology. She is a member of her local chapter of Alpha Kappa Alpha Sorority Inc., where she chairs the leadership development committee, and Links Inc., where she is the corresponding secretary and serves on the services to youth facet -- focused on STEAM (science, technology, engineering, arts and mathematics) in grades 4 to 8. Ms. Peterson also serves on the board of the National Center for Women's Innovations, which is dedicated to celebrating woman innovators.

About Biomark Diagnostics Inc.

Biomark is a liquid biopsy company developing a molecular diagnostic technology platform that leverages the power of metabolomics and machine-learning algorithms to bring new cancer diagnostics to market and improve cancer prognosis by allowing physicians to detect carcinomas in the presymptomatic stages. The technology can also be used for measuring response to treatment and potentially for serial monitoring of cancer survivors. While the company's current focus is on the commercialization of its liquid biopsy test for early detection of lung cancer, it has plans to expand into other hard-to-detect and hard-to-treat cancers such as brain, head and neck, breast, and pancreatic cancers.

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