Jean-Frédéric Viret appointed as Chief Financial Officer of diaDexus

FOR IMMEDIATE RELEASE
San Diego, California, United States of America (Free-Press-Release.com) February 1, 2012 -- SANFORD ROSE ASSOCIATES® – SAN DIEGO, (www.sanfordrose.com/sandiego) an executive search firm specialized in building management teams for personalized medicine and oncology companies, announces the placement of Jean-Frédéric Viret, MBA, Ph.D. as Chief Financial Officer for diaDexus, Inc. located in South San Francisco, CA.

Robin Toft, President and Chief Executive Officer of Sanford Rose Associates® – San Diego said, “We are very proud to have placed Dr. Viret into this prestigious CFO role for diaDexus. Dr. Viret is a dynamic executive with strong financial relationships and will be a valuable asset as diaDexus continues its commercial expansion in 2012. We believe that Dr. Viret’s experience will be crucial at this pivotal stage of the company’s development as they evaluate operational efficiencies and continue to improve upon shareholder value for the future.”

Dr. Viret joins diaDexus after 12 years in finance operations of diagnostic and biotechnology companies, where he participated in and directed over $200 million in equity, debt and other strategic financings. Most recently, he was Chief Financial Officer at diagnostics company XDx, Inc., where he not only led multiple private financings, but also was involved in increasing insurance coverage by 30% from large private payers. Prior to XDx, Dr. Viret was at Anesiva, a publicly traded specialty pharmaceutical company, where he served in several roles of increasing responsibilities, including CFO. In particular, Jean led due diligence for all of Anesiva's public raises and debt facilities to support commercial expansion. Previously, Dr. Viret was Associate Director of Finance at Tularik, a publicly-traded biotech company that was acquired by Amgen. At Tularik, he was instrumental in integrating European operations. Prior to that, he worked for PricewaterhouseCoopers LLP on a variety of life science and venture capital accounts, primarily in financial audits but also with the emerging company services group.

Dr. Viret earned a master in business administration from Cornell University. He has a Ph.D. in Molecular Biology from the Université Louis Pasteur in Strasbourg, France and a B.S.in Engineering from the Institut National Polytechnique de Lorraine, in Nancy, France.

Sanford Rose Associates® - San Diego is committed to filling mid to executive-level management positions exclusively in biotechnology, medical device, diagnostic, pharmaceutical and healthcare companies. Sanford Rose Associates® - San Diego is the top performing Life Sciences focused executive search firm within the global Sanford Rose Associates® network, which has 60 offices worldwide and is a member of the International Executive Search Federation (IESF). We can help bring “A-players” to your organization- please contact President and CEO, Robin Toft at (858) 546-4801 (www.sanfordrose.com/sandiego).

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