Agendia Appoints New CEO and Supervisory Board Member

IRVINE, California and AMSTERDAM, October 24, 2011 /PRNewswire/ --

Agendia, an innovative molecular diagnostics company, today announced that its supervisory board of directors has appointed David Macdonald as chief executive officer. This follows the resignation of the company's co-founder and chief executive officer, Dr. Bernhard Sixt. Dr. Sixt will remain with the company in an advisory capacity. Agendia also announced the addition of Dr. Colin Goddard, executive chairman and acting CEO of privately held biotechnology firm Coferon, Inc., to its supervisory board of directors.

"On behalf of Agendia's board and all its employees, I would like to personally extend my deepest gratitude to Dr. Sixt for his leadership in making this company an internationally recognized innovator in the molecular diagnostic space," said Hessel Lindenbergh, chairman of Agendia's supervisory board. "David Macdonald is an accomplished leader in our industry and I have no doubt that under his leadership, Agendia will continue to thrive."

Macdonald has served as Agendia's COO since April 2010 and brings with him more than 25 years of international experience developing and commercializing clinical diagnostics and laboratory services for companies including Nova Biomedical, Behring Diagnostics, Nichols Institute and Quest Diagnostics. He has held CEO and COO roles for the past 18 years. He holds a Bachelor of Science degree from Northeastern University in management and finance as well as an MBA from Babson College.

Dr. Goddard served as CEO of OSI Pharmaceuticals, Inc. and as a member of the company's board of directors until it's $4 billion acquisition by Astellas Pharmaceuticals, Inc. in July of 2010. He currently serves as executive chairman and acting CEO of Coferon, Inc., a privately held biotechnology platform company. He is also a director of biotechnology companies PanOptica and Human Genome Sciences, Inc. Dr. Goddard is actively involved as an advisor to several venture capital firms and other industry groups.

"I'm pleased to welcome Collin Goddard to our supervisory board of directors. He brings with him a wealth of knowledge in the biotechnology sector and will be an asset to Agendia moving forward," said Lindenbergh.

About Agendia:

Agendia is an international molecular diagnostic company, focused on the discovery and development of tools to improve the quality of life for cancer patients, by providing healthcare professionals with critical information that enables personalized treatment.   Agendia's Symphony™ suite of breast cancer products is based on genomic analysis of an individual patient's tumor biology, providing unprecedented insight for complex treatment decisions. Symphony includes MammaPrint, the first and only FDA-cleared breast cancer recurrence assay, as well as BluePrint, a molecular subtyping assay, TargetPrint®, an ER/PR/HER2 expression assay, and TheraPrint®, a therapy selection assay. Together, these tests help physicians determine a patient's individual risk for metastasis, which patients will benefit from chemo or hormonal therapy, and which patients do not require these treatments and can instead be treated with other less arduous and costly methods. For additional information, please visit http://www.agendia.com.