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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Bioanalytical Systems, Inc.    BASI

BIOANALYTICAL SYSTEMS, INC.

(BASI)
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Andrew N. Alexander, DVM, Ph.D., MBA, DABT, Joins Inotiv as Vice President, Pharmacology and Toxicology Operations

10/20/2020 | 08:33am EST

WEST LAFAYETTE, Ind., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Bioanalytical Systems, Inc. (NASDAQ:BASI) (“Inotiv”, the “Company”, “We” or “Our”), doing business as Inotiv, a leading provider of drug discovery and development services, announced today that Andrew N. Alexander, DVM, Ph.D., MBA, DABT, has joined the Company as Vice President, Pharmacology and Toxicology Operations, effective October 19, 2020.

"Andy brings a skillset that will help us grow Inotiv by providing broader expertise to our clients," said Joe Flynn, the Company’s Chief Commercial Officer. "At least as importantly, Andy embraces our core values, especially delivering excellent client experiences. I am excited to work with Andy here at Inotiv."

Don Maul, Sr. Vice President of Surgical Models, added, "Andy has a great deal of experience and considerable expertise not only with pharm/tox studies, but also with designing and supporting studies in the medical device sector, with an emphasis on complex infusion studies."

Prior to joining Inotiv, Dr. Alexander established a reputation as a leader in contract research organizations where he worked in roles of increasing responsibility for more than a decade, providing scientific expertise and study direction to clients. He then founded his own company, Scientific Business Advisors, which provided scientific and regulatory consulting to biopharmaceutical, veterinary, and medical device companies. His credentials and training include a Doctor of Veterinary Medicine, Ph.D. and MBA, and a postdoctoral fellowship in oncology and immunology, all from or at the University of Wisconsin, as well as a surgical internship at the School of Veterinary Medicine at the University of Illinois.

“I am honored to join Inotiv,” said Dr. Alexander. "Being part of a company that is small enough to be flexible and responsive, but large enough to offer a comprehensive suite of services aligns perfectly with my customer service focus."

About the Company

Bioanalytical Systems, Inc., operating as Inotiv, is a pharmaceutical discovery and development company providing contract research services and monitoring instruments to emerging pharmaceutical companies and the world's leading drug development companies and medical research organizations. The Company focuses on developing innovative services supporting its clients’ discovery and development objectives for improved decision-making and accelerated goal attainment. The Company’s products focus on increasing efficiency, improving data, and reducing the cost of taking new drugs to market. Visit inotivco.com  for more information about the Company.

This release may contain forward-looking statements that are subject to risks and uncertainties including, but not limited to, risks and uncertainties related to changes in the market and demand for our products and services, the development, marketing and sales of products and services, changes in technology, industry and regulatory standards, the timing of acquisitions and the successful closing, integration and business and financial impact thereof, the impact of COVID-19 on the economy, demand for our services and products and our operations, including the measures taken by governmental authorities to address the pandemic, which may precipitate or exacerbate other risks and/or uncertainties and various other market and operating risks, including those detailed in the Company's filings with the U.S. Securities and Exchange Commission.     

FOR MORE INFORMATION:Company Contact:
 Beth A. Taylor
 Chief Financial Officer
 Phone: 765.497.8381
 btaylor@inotivco.com

 

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© GlobeNewswire 2020
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Financials (USD)
Sales 2019 43,6 M - -
Net income 2019 -0,79 M - -
Net Debt 2019 16,0 M - -
P/E ratio 2019 -44,9x
Yield 2019 -
Capitalization 68,2 M 68,2 M -
EV / Sales 2018 0,96x
EV / Sales 2019 1,23x
Nbr of Employees 317
Free-Float 65,4%
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Managers
NameTitle
Robert Leasure President, Chief Executive Officer & Director
Gregory C. Davis Chairman
Beth A. Taylor Chief Financial Officer & Vice President-Finance
Richard Allen Johnson Independent Director
Wendy Perrow Independent Director
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