Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


Home > Press > BioNanomatrix Board Chairman Erickson Named President, CEO, as Genomic Analysis Technology Company Prepares for Market Entry

Battelle Ventures General Partner Tracy Warren succeeds Erickson as board chair

BioNanomatrix Board Chairman Erickson Named President, CEO, as Genomic Analysis Technology Company Prepares for Market Entry

Philadelphia, PA | Posted on December 19th, 2009

The board of directors of BioNanomatrix, Inc., a developer of breakthrough single-molecule genomic analysis technology, has elected Edward L. Erickson company president and chief executive officer.

Erickson, who was executive chairman of the board, succeeds Michael Boyce-Jacino, who has stepped down as president and CEO and from the board. Battelle Ventures General Partner Tracy Warren succeeds Erickson as chairperson.

"As the company rapidly approaches commercialization of its NanoAnalyzer® system in the coming year, initially for advanced DNA analysis," said Warren, "the board has implemented these changes to prepare for late-stage product testing at major research institutions and for market introduction thereafter.

"Mike's scientific expertise helped guide the company through its initial venture funding and early product development," she continued, "and now Ed has taken the reins, to directly apply his extensive experience in the development and commercialization of life science research products, diagnostic platforms and other medical products."

Noting that Erickson has served as president, CEO or a director of more than a dozen life-science-based companies, three of which successfully completed IPOs under his leadership, Warren added that he has been on the BioNanomatrix board since the company's first venture financing.

"As the company moves into the commercial phase of its development, we're confident that under Ed's leadership BioNanomatrix will successfully advance through the critical steps necessary to achieve significant market acceptance and adoption," she said.


About BioNanomatrix
BioNanomatrix is developing breakthrough nanotechnology-enabled genome analysis systems for applications in life science research, molecular diagnostics and personalized medicine. The company’s platform technology permits users to image directly and analyze very long strands of DNA in real time at the single-molecule level, at both high resolution and very high throughputs. This technology has the potential to increase the utility of whole genome imaging and analysis for a wide range of research and diagnostic applications, providing fast, comprehensive and low-cost analysis of genomic, epigenomic and proteomic information. BioNanomatrix’s technologies are licensed exclusively from Princeton University. Founded in 2003, the company is headquartered in Philadelphia, Pa., and is backed by Battelle Ventures, Ben Franklin Technology Partners of Southeastern Pennsylvania and KT Venture Group and other institutional and private investors. For more information, visit:

About Edward L. Erickson

Most recently, Edward L. Erickson has been a consultant to entrepreneurial companies and venture capital firms. He has extensive experience in the life science industries having served as president, CEO or a director of over a dozen such companies, four of which successfully completed IPOs during his tenure, including three as CEO. He has raised some $500,000,000 in equity and debt capital in the private and public capital markets.

His current directorships include:

 Metabolon, Inc., a diagnostic products and analytical services company offering the industry's leading biochemical profiling platform for the discovery of biomarkers and pathways associated with drug action and disease;
 Molecular Biometrics, Inc., a diagnostics company developing analytical methodologies and products for diagnosis and monitoring applications – initially focusing on in vitro fertilization

Erickson has previously served:

 as a director of BioTrove, Inc., a life science research products and services company with proprietary technology for biological research, drug discovery, drug development and diagnostic applications. The company was recently acquired by Life Technologies Corporation {NASDAQ:LIFE};
 as a director of Barrier Therapeutics, Inc., a pharmaceutical company in the field of dermatology, acquired by Stiefel in 2008;
 as an advisor and consultant to the University City Science Center in Philadelphia, evaluating and assisting in the management of new ventures;
 as chairman, president and CEO of Cellatope Corporation, a private venture-capital-backed diagnostics company in the field of autoimmune disease diagnostics, from 2007-2009. The Company’s technology was acquired by Cypress Bioscience, Inc.{NASDAQ:CYPB} earlier this year;
 as chairman of research and diagnostic products company Immunicon Corporation from 1998 to 2007; and as CEO from 1999-2005. Immunicon completed an IPO in April 2004;
 as president and CEO of DepoTech Corporation, a biopharmaceutical company in the drug delivery field (1993-1998); he took DepoTech public in 1995;
 as a director (1995-1998) of Megabios Corporation, a gene therapy company that completed an IPO in 1997;
 as president and CEO (1991-1993) of Cholestech Corporation , a diagnostics company in point-of-care lipid testing and screening. While at Cholestech, he completed a successful turnaround of the company and IPO. Cholestech was named as one of the top 10 best performing IPOs of 1992;
 as a senior executive (1988-1991) of The Ares-Serono Group (now Merck Serono S.A.), then a publicly traded pharmaceutical company based in Switzerland; at Serono he was president of Serono-Baker Diagnostics, and earlier was vice president of financial operations for the Group; and
 in executive and general management positions (1983-1988) at Amersham International, then a publicly traded, diversified healthcare and life sciences company in the U.K. (now a unit of GE).

Erickson earned B.S. and M.S. degrees in mathematics from the Illinois Institute of Technology. He received an MBA with high distinction in general management from Harvard Business School, where he was elected a George F. Baker Scholar and was awarded the John L. Loeb Fellowship in finance. In 2004 he was the recipient of Small Times magazine’s “Best of Small Tech: Business Leader” Award in nanotechnology.

Note: NanoAnalyzer is a registered trademark of BioNanomatrix, Inc. The names of other companies, other entities, products and/or services mentioned herein may be the trademarks of their respective owners.

For more information, please click here

Rick Sacks


Copyright © BioNanomatrix

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Quantum networks: Back and forth are not equal distances! July 28th, 2015

Smart hydrogel coating creates 'stick-slip' control of capillary action July 27th, 2015

Industrial Nanotech, Inc. Provides Update on PCAOB Audited Financials July 27th, 2015

Global Corrosion Resistant Nano Coatings Market To 2015: Acute Market Reports July 27th, 2015


Stretching the limits on conducting wires July 25th, 2015

UT Dallas nanotechnology research leads to super-elastic conducting fibers July 24th, 2015

Nanopaper as an optical sensing platform July 23rd, 2015

Albany College of Pharmacy and Health Sciences to Host One Week Symposium on Nanomedicine July 23rd, 2015


Quantum networks: Back and forth are not equal distances! July 28th, 2015

Reshaping the solar spectrum to turn light to electricity: UC Riverside researchers find a way to use the infrared region of the sun's spectrum to make solar cells more efficient July 27th, 2015

Industrial Nanotech, Inc. Provides Update on PCAOB Audited Financials July 27th, 2015

Global Corrosion Resistant Nano Coatings Market To 2015: Acute Market Reports July 27th, 2015

Appointments/Promotions/New hires/Resignations/Deaths

American Chemical Society expands reach to include rapidly emerging area of sensor science July 25th, 2015

BESSTECH Names Doug Grose as Chief Technology Officer: Former GLOBALFOUNDRIES CEO to drive technology roadmap and strategic partnerships for emerging lithium-ion battery component company July 14th, 2015

A cool way to form 2-D conducting polymers using ice: POSTECH scientists develop breakthrough technique to easily optimize electrical properties of Polyaniline nanosheets to an unprecedented level in an environmental-friendly and inexpensive way July 7th, 2015

Angstron Materials Appoints VP for Business Development And Engineering June 27th, 2015


Spintronics: Molecules stabilizing magnetism: Organic molecules fixing the magnetic orientation of a cobalt surface/ building block for a compact and low-cost storage technology/ publication in Nature Materials July 25th, 2015

Programming adult stem cells to treat muscular dystrophy and more by mimicking nature July 22nd, 2015

Biophotonics - Global Strategic Business Report 2015 July 21st, 2015

Rare form: Novel structures built from DNA emerge July 20th, 2015

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
University Technology Transfer & Patents
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project