$ANPC Announces Seasoned Professional as US CEO

AnPac Bio-Medical Science (NASDAQ: ANPC), a biotechnology company with operations in China and the United States, has appointed life-sciences veteran and biomedical scientist Dr. Sunil Pandit as its new U.S. CEO; the appointment is effective as of Aug. 16, 2021. The company noted that Pandit will lead AnPac Bio’s U.S. research and development efforts, as well as ANPC’s commercialization efforts to drive adoption and growth of its Cancer Differentiation Analysis (“CDA”) technology. CDA is ANPC’s flagship product for cancer screening and early detection. Pandit has more than two decades of experience with leading precision medicine strategies, molecular and companion diagnostic approaches and technologies in the pharmaceutical and diagnostics industries. Pandit has served in positions of increasing responsibility at major diagnostics and pharmaceutical companies including Janssen Diagnostics, Siemens Healthcare Diagnostics, National Institutes of Health and GlaxoSmithKline; he also has seven granted patents and has received numerous awards and honors throughout his career. ANPC also noted that Pandit has successfully managed complex projects and boasts a strong track record in delivering in-vitro diagnostic (“IVD”) products to the marketplace. A licensed CLIA laboratory director, Pandit will continue to serve as AnPac Bio’s laboratory director for its CLIA-certified laboratory. “I warmly welcome Dr. Pandit to our management team,” said AnPac Bio chairman of the board Dr. Chris Yu in the press release. “His academic background, extensive life science work experience, including diagnostic product development, strong program management and commercialization experience at multiple global leading companies will greatly benefit AnPac Bio in our pursuit of U.S. growth and commercialization of CDA technology.”

To view the full press release, visit https://ibn.fm/9VlQn

About AnPac Bio-Medical Science Co. Ltd.

AnPac Bio is a biotechnology company focused on early cancer screening and detection, with 142 issued patents as of March 31, 2021. With two certified clinical laboratories in China and one CLIA-registered clinical laboratory in the United States, AnPac Bio performs a suite of cancer screening and detection tests, including Cancer Differentiation Analysis (“CDA”), biochemical, immunological and genomics tests. According to Frost & Sullivan, AnPac Bio ranked third worldwide among companies offering next-generation early cancer screening and detection technologies in terms of the number of clinical samples for cancer screening and detection, based on approximately 41,700 clinical samples as of Dec. 31, 2019. AnPac Bio’s CDA technology platform has been shown in retrospective validation studies to be able to detect the risk of more than 20 different cancer types with high sensitivity and specificity. For more information about the company, visit www.AnPacBio.com

NOTE TO INVESTORS: The latest news and updates relating to ANPC are available in the company’s newsroom at http://ibn.fm/ANPC

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