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Strategic Diagnostics Appoints Kevin J. Bratton as Chief Financial Officer
Mr. Bratton has over 35 years of experience in all phases of multi-national financial operations across the healthcare, biotechnology and technology industries, including developing strategic plans and annual budgets as well as financing negotiations and merger & acquisition transactions. Most recently at EUSA Pharma (
"We welcome Kevin to SDI's executive team," commented
"I am thrilled to join the SDI team," added Mr. Bratton. "I look forward to guiding the Company financially as we refocus our strategic direction toward life sciences. Having worked at high growth companies in the past, I plan to establish financial plans that will allow SDI to best navigate our business development path and sustain growth."
As part of Mr. Bratton's employment arrangements, he will receive a nonqualified option to purchase 75,000 shares of common stock at an exercise price of
About Strategic Diagnostics Inc.
Strategic Diagnostics Inc. is a leading provider of antibody technology to the life science market place. Additionally, the Company provides biotechnology-based detection solutions for a broad range of food, water, agricultural, and environmental applications. By applying its core competencies of antibody and assay development, the Company produces unique, sophisticated reagents, reagent systems, antibody design services and biodetection solutions to customer needs. Customers benefit from the enablement of their research into critical health care challenges of disease understanding, therapeutic development and diagnostic discovery. Industrial customers benefit with quantifiable "return on investment" by reducing time, labor, and/or material costs. All this is accomplished while increasing accuracy, reliability and actionability of essential test results. The Company is focused on sustaining this competitive advantage by leveraging its expertise in antibody design, immunology, proteomics, bio-luminescence and other bio-reactive technologies to continue its successful customer-focused research and development efforts. Recent innovations in high throughput production of antibodies from genetic antigens will complement the Company's established leadership in commercial and custom antibody production for the Research, Human/Animal Diagnostics, and Pharmaceutical industries, and position the Company for broader participation in proteomics research and discovery.
This news release contains forward-looking statements reflecting SDI's current expectations. When used in this press release, the words "anticipate", "could", "enable", "estimate", "intend", "expect", "believe", "potential", "will", "should", "project" "plan" and similar expressions as they relate to SDI are intended to identify said forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, which may cause actual results to differ from those anticipated by SDI at this time. Such risks and uncertainties include, without limitation, changes in demand for products, delays in product development, delays in market acceptance of new products, retention of customers and employees, adequate supply of raw materials, the successful integration and consolidation of the
Company Contact: Investor Contact:
Hilary Bond Brian Korb
Financial Specialist The Trout Group
(302) 456-6789 (646) 378-2923
www.sdix.com bkorb@troutgroup.com
SOURCE Strategic Diagnostics Inc.
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