Immunotech Laboratories, Inc. Announces Executive Appointments
12/9/2010
Immunotech Laboratories, Inc. announced that on June 19, 2010 the company signed agreements with both Mr. Stan Yakatan and Dr. Mark Rosenfeld for the positions of Members of the Board of Directors. Mr. Stan Yakatan has founded or co-founded in excess of 15 companies in the United States, Canada, Israel, France and Germany. In many cases he has also served as the initial CEO, and Chairman of these companies. In his career, he has advised several of the world's leading venture capital firms including TVM (Germany), Ventana (USA), MSP (USA), and Biocapital (Canada). During the decade of the 1990's Biocapital was the most successful venture capital fund in Canada. Stan currently serves in a business development capacity for the XL TechGroup. The XL Tech Group systematically discovers unmet business needs, then creates, selects, and develops new technology businesses, and scales them to liquidity. Stan assisted XL TechGroup in the development of its business model, and advised on the overall capitalization strategy for XL Tech Group. In October 2004, XL TechGroup undertook an Initial Public Offering in connection with its listing on the Alternative Investment Market, raising in excess of $40.0 million. Dr. Mark Rosenfeld was Founder, Vice President and Scientific Director of Impact Diagnostics, now Grant Life Sciences, a public company. There, he designed a multiple-patented test for detecting cervical cancer and directed the relevant clinical work in the U.S. and at the China Cancer Institute. Dr. Rosenfeld has also developed a DNA vaccine approach for treating metastatic cancer and brought an HIV/AIDS monoclonal antibody therapy into Phase III clinical testing in China. An outfall of his scientific and medical activities in China, Dr. Rosenfeld was elected to the China State Council of Medical Reform. In 2005, he testified before the U.S. House of Representatives on cancer-related issues, and will soon be doing so on the role of DxNA technology in personalized medicine.
