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| PSID Adds Biodefense Expert to Board of Advisors |
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 Hot Stock to Watch |
Company: PositiveID Corporation (OTCQB: PSID)
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Last:
Price: 0.0956
Change (%): - 0.0084 (8.05)
Volume: 40,099 |
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PositiveID Adds GenArraytion CEO R. Paul Schaudies, Ph.D. to its Board of Advisors
GenArraytion Developed the First Commercially Available, Multi-Target Zika Virus Assay, which PositiveID Implemented on Its Firefly Dx Prototype System and Successfully Detected the Zika Virus
DELRAY BEACH, Fla., Aug. 02, 2016 (GLOBE NEWSWIRE) - PositiveID Corporation (“PositiveID” or “Company”) (OTCQB:PSID), a life sciences company focused on detection and diagnostics, announced today that it has added Dr. R. Paul Schaudies, the CEO and co-founder of GenArraytion, Inc. and an internationally recognized expert in biodefense, biotechnology and nanotechnology, to its Board of Advisors.
PositiveID’s Firefly Dx is designed to be a fully automated, lab quality, real-time device able to detect bio-threats at the point of need in minutes instead of hours. Firefly Dx has successfully detected multiple pathogens including Zika, a fever-causing virus transmitted by the Aedes Aegypti mosquito that can cause microcephaly, a serious congenital condition in which babies are born with head and brain abnormalities.
GenArraytion self-funded the development of the first commercially available, multi-target polymerase chain reaction (PCR)-based molecular test to identify the Zika virus, its Aedes Aegypti MultiFLEX™ PCR test, which PositiveID has successfully implemented on its Firefly Dx PCR breadboard prototype pathogen detection system (“prototype system”) to detect the Zika virus. GenArraytion’s MultiFLEX™ molecular assays are readily configurable, highly specific and sensitive multiplex PCR assays ready for use in real-time and bead-based end point platforms, and are developed for clinical pathogens and veterinary disease agents as well as food or water-borne pathogens and biological threats.
Dr. Schaudies has over 20 years of experience as a corporate management executive. He has served on over a dozen National Research Council committees as well as advisory committees for many US Government agencies including Defense Advanced Research Projects Agency and Department of Energy. Dr. Schaudies was a primary science advisor to the Environmental Protection Agency On-Scene Coordinator, the Sergeant at Arms of the Senate and House of Representatives and Incident Commander of the 2001 anthrax incident in Washington, DC.
As a US Army Officer, Dr. Schaudies supported the United Nations as a United Nations Special Commission inspector in Iraq. He was an assistant vice president and division manager for Biological and Chemical Defense at Science Applications International Corporation (SAIC) for nine years. He spent 13 years as an active duty US Army officer and retired as a Lieutenant Colonel in the United States Army Reserve. Dr. Schaudies was the program manager for Biological and Chemical Defense Research in the Central Measurement and Signature Intelligence Office at the Defense Intelligence Agency, and a Senior Researcher at the Walter Reed Army Institute of Research.
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