NanoString Technologies Names J. Wayne Cowens, M.D. Chief Medical Officer

Veteran industry clinical oncologist to help build company’s diagnostics pipeline

SEATTLE--()--NanoString Technologies, Inc., a privately held life sciences company marketing a complete solution for detecting and counting large sets of target molecules in biological samples, today announced the appointment of J. Wayne Cowens, M.D. as Chief Medical Officer. An industry veteran and clinical oncologist, Dr. Cowens will drive the development of the company’s pipeline of molecular diagnostic tests for cancer.

Dr. Cowens joins NanoString from Genomic Health where since 2004 he served in a series of senior medical positions, including Vice President, Clinical Oncology. At Genomic Health, Dr. Cowens led the development of the Oncotype DX® product pipeline for gene expression profiling tests in various forms of cancer, including colon, prostate, and renal cell cancer and led the design of multiple clinical validation studies. In addition, he led Genomic Health’s program in health economics and has focused recently on studies designed to support reimbursement of the Oncotype DX Breast Cancer Assay outside the U.S. Dr. Cowens previously held senior product development and clinical affairs positions at Chiron Corporation (now Novartis Vaccines & Diagnostics) and Ribozyme Pharmaceuticals, and worked as an oncology consultant for pharmaceutical and biotechnology companies, including IDEC Pharmaceuticals, Scios Inc., and Ligand Pharmaceuticals.

“Dr. Cowens is a pioneer in the field of molecular diagnostics, and one of only a handful of clinical leaders who have successfully identified, validated, and commercialized a series of gene expression signatures,” said Brad Gray, President and CEO of NanoString Technologies. “His leadership in clinical development and health economics will be invaluable to NanoString as we build our molecular diagnostics business.”

Working collaboratively with its research customers and other leaders in translational medicine, NanoString Technologies is assembling a pipeline of proprietary, high-value content for development as in vitro diagnostic assays on its nCounter® Analysis System. NanoString recently announced its program to develop in vitro diagnostic and research products based on the PAM50 gene signature for breast cancer intrinsic subtyping. The company’s goal is to become the platform of choice for diagnostic testing based on gene expression signatures that can be offered in hospitals and pathology laboratories worldwide, following appropriate regulatory approvals.

“I have spent my career working to develop and deliver medical innovations to patients, physicians, and payors, and believe that the nCounter technology has the potential to change the way molecular diagnostic testing is performed and to increase the cost effectiveness of cancer treatment,” said Dr. Cowens. “I am excited to join a company that has a platform designed to be easy to use and robust enough to meet global demand for these complex but powerful tests through a distributed business model.”

Today, the nCounter Analysis System is available for Research Use Only (RUO) applications. More information is available at www.NanoString.com.

About NanoString Technologies, Inc.

NanoString Technologies is a privately held life sciences company marketing a complete solution for detecting and counting large sets of target molecules in biological samples. The company’s nCounter® Analysis System is the first and only technology platform to deliver highly multiplexed, direct profiling of individual molecules in a single reaction without amplification. The nCounter Analysis System offers a cost-effective way to easily profile hundreds of gene transcripts, copy number variations, or miRNAs simultaneously with high sensitivity and precision. The company’s technology enables a wide variety of basic research and translational medicine applications, including biomarker discovery and validation. NanoString is also developing the technology for use in molecular diagnostics.

Contacts

Media Contact for NanoString Technologies
Colin Sanford, 203-340-2441
colin@bioscribe.com

Release Summary

NanoString appointed J. Wayne Cowens, M.D. as Chief Medical Officer. Joining from Genomic Health, Dr. Cowens will drive the development of the company’s pipeline of molecular diagnostic tests.

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Contacts

Media Contact for NanoString Technologies
Colin Sanford, 203-340-2441
colin@bioscribe.com