(Nasdaq:CBMX) today announced that former U.S. Food and Drug Administration
(FDA) Deputy Commissioner Scott Gottlieb, MD, has joined the company's Board
of Directors. During his term at the FDA, Dr. Gottlieb was the highest-ranking
official below the FDA Commissioner.
"Dr. Gottlieb is a leading expert in healthcare policy whose work focuses
on providing insights into the economic, regulatory, and technological forces
driving the transformation of medicine. His experience and insight will be useful
as we continue the development and commercialization of new diagnostic array-based
genetic tests, a market in which we provide by far the broadest portfolio of
tests," said Dr. Amit Kumar, President and CEO of CombiMatrix.
"CombiMatrix's molecular diagnostics technology is at the forefront of
the rapidly advancing field of personalized medicine, which is making notable
contributions to improving the treatment of cancer and other diseases,"
stated Dr. Gottlieb. "I look forward to working with the company as it
makes additional progress in developing tools that will improve the public health."
Dr. Gottlieb is currently a Resident Fellow at the American Enterprise Institute,
a private, nonpartisan, not-for-profit institution dedicated to research and
education on issues of government, politics, economics and social welfare. Dr.
Gottlieb also practices medicine as an attending physician at Stamford Hospital
From 2005-2007, he served as FDA Deputy Commissioner for Medical and Scientific
Affairs and before that, from 2003-2004, as Senior Advisor for Medical Technology
to the FDA Commissioner and as the FDA's Director of Medical Policy Development.
He left the FDA in the spring of 2004 to work on implementation of the new Medicare
Drug Benefit as a Senior Adviser to the Administrator of Medicare and Medicaid
Services, where he supported the agency's policy work on quality improvement
and coverage and payment decision-making, particularly related to new medical
Dr. Gottlieb has received numerous awards and is the author of more than 300
articles that have appeared in leading medical journals and publications including
The Wall Street Journal and The New York Times. In addition, he has held editorial
positions at the British Medical Journal and the Journal of the American Medical
Association. Dr. Gottlieb also regularly appears as an expert commentator on
CNBC, Fox News, Bloomberg Television, and other business and news channels.
Dr. Gottlieb completed his residency in internal medicine at the Mount Sinai
Hospital in New York City and is a graduate of the Mount Sinai School of Medicine
and of Wesleyan University in Connecticut.
CombiMatrix Corporation is a diversified biotechnology business, through the
development of proprietary technologies, products and services in the areas
of drug development, genetic analysis, molecular diagnostics, nanotechnology
research, defense and homeland security markets, as well as other potential
markets where our products and services could be utilized. The technologies
we have developed include a platform technology to rapidly produce customizable,
in-situ synthesized, oligonucleotide arrays for use in identifying and determining
the roles of genes, gene mutations and proteins. This technology has a wide
range of potential applications in the areas of genomics, proteomics, biosensors,
drug discovery, drug development, diagnostics, combinatorial chemistry, material
sciences and nanotechnology. We have also developed the capabilities of producing
arrays that utilize bacterial artificial chromosomes on our arrays, also enabling
genetic analysis. Other technologies include proprietary molecular synthesis
and screening methods for the discovery of potential new drugs. Combimatrix
Molecular Diagnostics, Inc. ("CMDX"), our wholly owned subsidiary
located in Irvine, California, has developed capabilities of producing arrays
that utilize bacterial artificial chromosomes, which also enable genetic analysis.