Mike Musgnug joins the Discovery Life Sciences global leadership team as Chief Revenue Officer

Huntsville, Ala. (ots/PRNewswire) EXPERIENCED EXECUTIVES FROM THE AREA OF LIFE SCIENCES WILL FURTHER DEVELOP THE EXISTING AND NEW SALES OPPORTUNITIES OF DISCOVERY IN THE NEWLY CREATED MANAGEMENT POSITION.

Discovery Life Sciences (TM) (Discovery), the Biospecimen and Biomarker Specialists (TM), announced today that Mike Musgnug has joined the company as Chief Revenue Officer, reporting to CEO Glenn Bilawsky. In this new role, Musgnug will lead strategic and tactical planning to accelerate Discovery’s revenue growth by increasing market acceptance of the company’s products and services while identifying and developing new geographic, product and service lines. He will also lead the design and implementation of the company’s sales, marketing and advertising strategies, organizational structures and resource plans. He also advises on the company’s global acquisition, sales and corporate development strategy.

“Mike comes to Discovery with more than two decades of leadership and management experience in the diagnostics and life science industries and has an exceptional track record of cultivating market-leading assets and competitive advantage through both organic and acquisitive growth strategies,” said Bilawsky. “He will be instrumental in helping Discovery continue to expand and capture increasing market share in each of the company’s target segments. We are very fortunate that Mike has chosen Discovery as the next step in his hugely successful career. We are confident that he will rapidly expand our position as the world’s leading provider of biosample and biomarker services.

Prior to Discovery, Musgnug was vice president and general manager of the biotechnology business unit for Beckman Coulter Life Sciences, a Danaher company. In this role, he was responsible for strategy, marketing, operations and supply chains for four product lines totaling over $ 1 billion. Before that, he worked at Cepheid and Alere in international segments and on a global level with increasing responsibility in sales and marketing management. He was also on the board of TechLab, a diagnostics company acquired by Pharos Capital. Musgnug earned a bachelor’s degree in biology and a master’s degree in life sciences / biotechnology and business administration.

“I am extremely excited to join the talented team at Discovery Life Sciences as Chief Revenue Officer,” said Musgnug. “Discovery is the respected leader in biosample and biomarker services. The next phase of aggressive growth already under way will greatly accelerate the development of diagnostic tests and breakthrough research to bring life-saving therapies to patients around the world.”

Discovery Life Sciences and HudsonAlpha Discovery information

Discovery Life Sciences are the biospecimen- and biomarker specialists (TM) and combine the world’s largest commercial biosample inventory and procurement network with outstanding multi-active biomarker service laboratories to accelerate precision medicine programs for cancer, infectious diseases and other rare and complex diseases. We are a leading provider of highly characterized human cellular starting materials and expert multimicrobial analysis services driving the research, development and manufacture of cell and gene therapies.

HudsonAlpha Discovery® is the sequencing and bioinformatics division of Discovery, a globally recognized service laboratory that leverages the latest genomic research technologies to provide comprehensive support for discovery, translational and clinical research.

Driven by leading scientific expertise and innovative use of the latest technologies, the Discovery team works together with its customers and advises them in order to overcome obstacles faster and to obtain results for important research and development decisions at market-leading speed. We are Science at your Service (TM)! For more information, see www.dls.com.

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Inquiries & contact:

Brian Bennett
brian.bennett@dls.com

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