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InterVenn Biosciences Enters Next Stage with Senior Management Team Updates Focused on Commercialization

SOUTH SAN FRANCISCO, Calif.–(BUSINESSWIRE)–InterVenn Biosciences, the life science company pioneering glycoproteomics co-founded by Nobel Prize winner Carolyn Bertozzi, PhD, Carlito Lebrilla, Ph.D., and Aldo Carrascoso, today announced changes to its senior management team to support its commercialization execution. Erwin Estigarribia, previously InterVenn’s President and Chief Operating Officer, has been appointed as Chief Executive Officer. Laura Beggrow, a commercial-stage business leader with more than 25 years of experience in molecular diagnostics and biopharmaceuticals, has joined as Chief Commercial Officer.

“As InterVenn accelerates its development as a commercial company, it is the right time to bring on seasoned leadership with experience driving novel precision diagnostics and medicines to market,” said Jenny Rooke, PhD, Founder and Managing Director of Genoa Ventures and Chair of InterVenn’s Board of Directors. “From the beginning, Genoa has been on the journey with InterVenn to realize the exceptional potential of glycoproteomics to provide necessary specificity for precision medicine applications. We are grateful to the work of former CEO and co-founder, Aldo Carrascoso, for leading the company to this stage and are looking forward to working with the new management team to realize the vision of InterVenn’s platform technology.”

As the leader in glycoproteomics, InterVenn analyzes the unique variants at glycosylation for each protein enabling high specificity for precision diagnostics and medicines. To date, InterVenn has launched validated laboratory-developed tests for metastatic melanoma and ovarian cancer. In addition, the company has made its proprietary technology platform available for strategic partners to access the insights of the glycoproteome for research purposes. Estigarribia takes on the CEO role at InterVenn as the company’s platform is ready for commercialization. Early progress has demonstrated the potential for the platform to transform early disease detection and how medical teams understand and treat disease. Estigarribia and his team will expand the market applications of the platform as well as the scope of partnering capabilities.

“The evolution of InterVenn into a commercial company is the next step toward achieving our deeply-held belief that no one should be blindsided by disease,” said Estigarribia, InterVenn’s new CEO. “InterVenn is entering an important new phase of our development, commercialization strategy, and execution to scale the business, increase value creation and drive market adoption of our groundbreaking glycoproteomics-based products. I look forward to my new role at InterVenn and continued work with our extraordinary team.”

Before joining InterVenn, Estigarribia spent more than two decades in global life sciences companies, including executive-level positions at Nugen, CardioDX, and Applied Proteomics and earlier in his career he held leadership positions of increasing responsibility in operations at Chiron, Novartis, and Geron. During his tenure at Applied Proteomics, he played an integral role in launching the best-in-class, blood-based colorectal cancer LDT diagnostic, the SimpliPro Colon Test. Estigarribia holds a Bachelor’s degree in Chemical and Bioprocessing Engineering (with honors) from Swinburne University of Technology, Melbourne Australia. His extensive experience in molecular diagnostics and precision medicine, including leading commercial operations, product development and the launch of pioneering products for clinical use, will be integral in InterVenn’s commercial growth and product development.

Laura Beggrow joins the management team as Chief Commercial Officer with over 25 years of leadership experience in biopharmaceutical and molecular diagnostic industries, most recently having served as Chief Business Officer at Pillar Biosciences. She also held executive leadership positions at HTG Molecular, Celcuity, NantHealth and Strand Diagnostics. Prior to Strand Diagnostics, she served in a variety of commercial roles, including Vice President, Sales and Marketing at Genomic Health from 2004-2013 where she built the foundation of the commercial organization that developed successful market strategies for the breast and colon cancer franchises. Early in her career, Beggrow held various commercial roles in the biopharmaceutical industry. Her distinguished career has focused on commercialization, corporate development and people leadership. Beggrow received her Bachelor of Science Degree in Nursing from The Ohio State University.

“I have spent my career working to bring novel innovations to market that improve patient care,” said Laura Beggrow, the new Chief Commercial Officer at InterVenn. “I am thrilled to be joining InterVenn on its journey to revolutionize early cancer detection and improve the understanding of disease through the power of glycoproteomics.”

 

InterVenn Contact
Ramuné Carothers
Vice President, Corporate Communications
InterVenn Biosciences
media@venn.bio

Investor Contact
David Deuchler, CFA
Gilmartin Group
ir@venn.bio

Media Contact:
Anthony Petrucci
Bioscribe
anthony@bioscribe.com

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