Predictive Oncology Announces New Chief Executive Officer Raymond F. Vennare to Lead Company Growth

EAGAN, Minn., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Predictive Oncology (NASDAQ: POAI) is pleased to announce the appointment of Raymond F. Vennare as Chief Executive Officer and Chairman of the Board, effective Nov. 1.

As an active member on the POAI Board of Directors since September 2021 and, as an accomplished senior executive with more than three decades of experience building biotechnology and bioinformatics companies across diverse markets in life sciences, Mr. Vennare emerged as a clear frontrunner to serve as the next Chief Executive Officer of Predictive Oncology.

“We are fortunate to have Raymond leading Predictive Oncology at this pivotal time in our company’s evolution. He is an experienced biotechnology executive who brings an informed vision and fresh perspective to our company as we strive to become a significant player in the pharmaceutical and biotech industries. He has the right balance of entrepreneurship, innovation, technology commercialization and strategic thinking that makes him the right fit to grow our business,” shared Bob Myers, Chief Financial Officer of Predictive Oncology.

Mr. Vennare will continue to work closely with the company’s senior management to expand its portfolio of proprietary solutions to advance the pipeline of drug development in oncology, ranging from early discovery through clinical trials. He will lead Predictive Oncology’s efforts to evolve the company’s core products and services, which include its flagship technology that pairs artificial intelligence with the world’s largest commercial biobank for oncology drug discovery, as well as the application of 3D tumor models and formulation solutions.