DNA sequencing company adds prominent life sciences innovator and entrepreneur to its leadership team

PROVIDENCE, R.I. – NABsys Inc., the pioneer in electronic, solid-state, single-molecule DNA sequencing, announced today that it has appointed Leroy (Lee) Hood, M.D., Ph.D., co-founder and president, Institute for Systems Biology, to its board of directors.

During his career, Dr. Hood has helped launch numerous life sciences companies, including Amgen and Applied Biosystems. He is also credited with the co-development of several innovative platforms that apply engineering principles to life sciences, such as the automated DNA sequencer, the automated DNA synthesizer, the automated protein sequencer, and the automated protein synthesizer.

“By combining positional electronic detection and hybridization, NABsys has created a platform that can provide the accuracy required for the elucidation of the genetic basis of complex disease and the use of that information in clinical care,” said Dr. Hood. “Additionally, by developing a platform that allows for single-molecule sequencing with detectors that can be made by standard semiconductor processing, NABsys can achieve the throughput, speed, and cost this problem requires.”

“Lee Hood is a true visionary in DNA sequencing, and his achievements and contributions have paved the way for modern molecular biology and companies like NABsys,” said Barrett Bready, M.D., president and CEO, NABsys Inc. “NABsys is proud to have a board of directors with so many highly influential, well-respected thought leaders from both the life sciences and semiconductor industries. We will rely on their guidance and expertise as we begin to commercialize our DNA sequencing platform and grow our business.”

Earlier this year, NABsys secured a $7 million Series B equity round and expanded its board of directors with the appointment of Ray Stata, founder and chairman of Analog Devices Inc. (NYSE: ADI). For more information on the NABsys leadership team, please visit: https://www.nabsys.com/index-3.html.