About Us

Detecting lung cancer early with advanced flow cytometry

Diagnostics

CyPath® Lung is a non-invasive, cost-effective, and accurate test to detect early-stage lung cancer in patients at high risk.

Therapeutics

Through our subsidiary, OncoSelect® Therapeutics, we are advancing our discoveries to create broad-spectrum cancer therapeutics.

Early Detection of Cancer and Targeted Treatment Saves Lives

Company Profile

bioAffinity Technologies, Inc. (NASDAQ: BIAF) addresses the urgent need for noninvasive, early-stage cancer diagnosis and targeted cancer treatment. Our first product, CyPath® Lung, accurately diagnoses early-stage lung cancer, the leading cause of cancer-related deaths, with the potential to dramatically increase overall diagnostic accuracy of lung cancer leading to increased survival, fewer unnecessary invasive procedures, reduced patient anxiety, and lower medical costs. CyPath® Lung has shown high sensitivity and high specificity in detecting early-stage lung cancer and is marketed as a Laboratory Developed Test (LDT) by Precision Pathology Services in San Antonio, Texas.

Statement from Our CEO

“CyPath® Lung, our non-invasive test to detect lung cancer at its early stages when treatment is most effective, leading to significantly lowering the death rate of this deadliest of cancers.

 

The hard-working scientists and other professionals at bioAffinity are committed to bringing to market products that give people longer, healthier lives by the early detection of cancer and other lung diseases, and advancing therapeutic discoveries that treat cancer at the cellular level.

 

Flow cytometry allows for analysis of whole cells and cell populations that make up the lung environment. Our research provides a better understanding of how disease changes the lung environment and how flow cytometry can be used as a diagnostic tool by analyzing sputum for the presence of lung cancer, as well as other diseases such as COPD and asthma.”

      — bioAffinity Technologies CEO, Maria Zannes

The Company’s Why

President & CEO Maria Zannes discusses the origins of the company and why we are strongly dedicated to the mission of early diagnosis and treatment in the fight against cancer.

 
Industry Classification & Contact Info

Key Information

Industry Classifications

Sector:   Biotechnology

Industry:   In vitro Diagnostics

NAICS:   Research and Development in Biotechnology (except Nanobiotechnology) (541714)

SIC:   Commercial Physical and Biological Research (8731)

Contact Information

 
Company Contact:
bioAffinity Technologies, Inc.
22211 West Interstate 10, Suite 1204
San Antonio, TX 78257
T: 210-698-5334
info@bioaffinitytech.com

Investor Relations:
Tiberend Strategic Advisors, Inc.
35 W. 35th Street, 11th Floor
New York, NY 10001-0080
T: 212-375-2689

Jonathan Nugent: jnugent@tiberend.com
David Irish: dirish@tiberend.com

Senior Leadership

Management Team

Maria Zannes

President and Chief Executive Officer

Ms. Zannes brings more than 30 years of executive-level management experience dedicated to defining and advancing company goals and overcoming obstacles impeding corporate success. Prior to her position at bioAffinity Technologies, Ms. Zannes founded The Zannes Firm focusing on strategic solutions for private industry in the medical, environmental and energy fields. In her current capacity as bioAffinity Technologies CEO and President, she has built a team of award-winning scientists and executives who are advancing breakthrough oncology-focused diagnostics and therapeutics.

Ms. Zannes was President of the Energy Recovery Council, the national trade group for the $10 billion waste-to-energy industry, and General Manager of ECOS Corporation, a subsidiary of Burlington Environmental. Ms. Zannes also served as a project manager at Wheelabrator Technologies, Inc. where she led project teams that developed, negotiated and financed the company’s renewable energy generation facilities. Ms. Zannes began her career as a journalist, working for Voice of America and the Associated Press. Before entering the business world, she served as a legislative aide specializing in energy policy and law for Congressman Charles Wilson (D-TX). She is licensed to practice law in New Mexico. She has been awarded Lifetime Achievement Awards by the American Society of Mechanical Engineers and the Earth Engineering Center Award from the WTE Council of Columbia University.

She is the co-founder of two engineering research centers at Columbia University. Ms. Zannes received her B.A. in Journalism from the University of New Mexico and her J.D. from the University of Puget Sound in Washington State.

Vivienne I. Rebel, MD, PhD

Executive Vice President and Chief Science and Medical Officer

Dr. Rebel is a cancer (stem) cell biologist, with more than 20 years of experience in scientific research, focused on understanding the molecular events that lead to cancer development. She received her M.D. and Ph.D. from the Fre University in Amsterdam, The Netherlands, and post-doctoral training at the Dana-Farber Cancer Institute, Harvard Medical School. From 2005 to 2016, she led her own research group at The University of Texas (UT) Health Science Center at San Antonio, where she first collaborated with bioAffinity. Dr. Rebel received the 2012 Cancer Therapy and Research Center Discovery of the Year Award. She is the (co)author of more than 40 publications in peer-reviewed journals.

Michael Edwards, MBA, CPA

Chief Financial Officer

Mr. Edwards has more than 20 years of extensive experience in corporate finance and accounting. Most recently, he was the CFO for CytoBioscience and previously he was the CFO for OncoVista Innovative Therapies. He was an assistant controller at ILEX Oncology, and controller at Bionumerik Pharmaceuticals and U.S. Global Investors. Mr. Edwards started his career at PricewaterhouseCoopers. He is a Certified Public Accountant and holds a Bachelor’s degree in business administration from The University of Texas at San Antonio and a Master’s degree from The University of Texas.

William Bauta, PhD

Senior Vice President, Therapeutics

Dr. Bauta is a medicinal chemist with more than 25 years of experience in discovery, development, and commercialization of pharmaceuticals to treat oncology, virology, neuroscience, immunology, and metabolic diseases. He joined bioAffinity Technologies from Southwest Research Institute where he helped develop the Institute’s pharmaceuticals services and bioengineering business. Dr. Bauta was Associate Director of Science at Genzyme Corporation and held a similar position at Ilex Products, Inc., where he was responsible for the discovery, development, and FDA approval of multiple therapeutics. He holds several patents and has published in the journal Science and more than a dozen other scientific journals and conference proceedings. Dr. Bauta received his Ph.D. from the University of Chicago.

David Elzi, PhD

Vice President, Research

Dr. Elzi brings 20 years of research experience to bioAffinity where he leads research on the mechanism of porphyrin uptake in cancer cells that has resulted in therapeutic discoveries to selectively kill cancer without harm to normal tissue. Dr. Elzi earned his Ph.D. in Molecular and Cellular Biology from the University of Washington, in conjunction with the Fred Hutchinson Cancer Research Center. He subsequently performed post-doctoral research at the Bonfils Blood Center and University of Colorado Department of Surgery, where he studied the molecular mechanisms of transfusion-related lung injury. Dr. Elzi comes to bioAffinity from The UT Health Science Center where his research included applying proteomic techniques to study cellular senescence in primary and cancer cells. He has published more than 20 peer-reviewed articles.

Xavier T. Reveles, MS, CG(ASCP)GM

Vice President, Operations

Mr. Reveles brings more than 25 years of experience as a clinical geneticist skilled in the creation and management of CLIA clinical laboratories, coding and CPT reimbursement valuations. Mr. Reveles is board certified by the American Society of Clinical Pathology as a clinical specialist in cytogenetics. He was Laboratory Director for OncoPath Laboratory – START Cancer Center in San Antonio, Texas. Mr. Reveles is (co)author of 15 publications and three abstracts in peer-reviewed journals. He earned his Master’s Degree in biology/genetics from the University of The Incarnate Word in San Antonio, Texas.

Timothy P. Zannes, JD

Executive Vice President, General Counsel and Secretary

Mr. Zannes has been corporate legal counsel to both public and private biomedical firms for more than 16 years, having begun his legal career as a sole practitioner accepting criminal, business, family, and tort litigation. Prior to receiving his J.D., Mr. Zannes was a court bailiff and ran his own private investigation firm after serving as an investigator for the Albuquerque City Attorney. He received his J.D. from the University of New Mexico School of Law and attended the New England Conservatory with studies in violin and saxophone. Mr. Zannes began his undergraduate education at The University of North Carolina where he was a student athlete on scholarship. In addition to his duties as General Counsel and Secretary, Mr. Zannes is responsible for corporate compliance and directs Human Resources. Mr. Zannes and Maria Zannes are siblings.

Jennifer Rebeles, PhD

Vice President, Diagnostics

Dr. Rebeles brings 18 years of research experience to her work with bioAffinity where she directs the research and development of our porphyrin-based cancer diagnostics and has extensive experience in flow cytometry. She was Technical Director of the Flow Cytometry and Microarray Core at the Greehey Children’s Cancer Research Institute, and received her Masters degree in Biology at the University of Texas at San Antonio. She earned her Ph.D. in Nutritional Biochemistry from the University of North Carolina at Chapel Hill where she investigated the role of metabolism on immunity to infectious disease. Her previous position as a research scientist with the United States Air Force 59th Medical Wing included responsibility for identifying critical gaps in military medicine and scientific support for multiple research projects. Dr. Rebeles has published seven peer-reviewed papers, a book chapter, with several papers in preparation and holds multiple honors.

our board members

Board of Directors

Steven Girgenti

Executive Chairman of the Board

Steven Girgenti is a veteran healthcare executive with a foundation of expertise in healthcare marketing strategies, financing and mergers and acquisitions. Steve has been Executive Chairman of bioAffinity Technologies, Inc. since November 2014. He is presently the Managing Partner of Medi-Pharm Consulting, LLC providing strategic services to medical device, pharmaceutical and diagnostic businesses. Steve was formerly CEO and co-founder of DermWorx Incorporated, a dermatology company that specialized in developing nanotechnology formulations to enhance the performance of topical drugs. Mr. Girgenti was also the founder and CEO of Healthworld Corporation until 2008, a leading global healthcare marketing services network with 55 offices in 36 countries. The network had more than 1,000 brand assignments from nearly 200 clients worldwide, providing strategic marketing and communications services to many of the world’s leading healthcare companies.

Mr. Girgenti founded Healthworld in 1986 and, under his leadership, the company made numerous acquisitions to expand and diversify the business. Healthworld went public in 1997. In 1998, and again in 1999, Business Week named Healthworld one of the “Best Small Corporations in America”. In 1999, Forbes listed Healthworld as one of the “200 Best Small Companies”. Mr. Girgenti was recognized as “Entrepreneur of the Year” by NASDAQ in 1999, and was named Med Ad News’ first “Medical Advertising Man of the Year” in 2000. In 2010 he was inducted into the Medical Advertising Hall of Fame. In addition, Mr. Girgenti is Vice Chairman of the Board of Governors for the Mt. Sinai Hospital Prostate Disease and Research Center in New York City, and is on the Board of Directors for the Jack Martin Fund, a Mt. Sinai Hospital affiliated charitable organization devoted to pediatric oncology research. He graduated from Columbia University and has worked in the pharmaceutical industry since 1968 for companies such as Bristol-Myers Squibb, Carter Wallace and DuPont.

Robert A. Anderson

Director

Mr. Anderson has more than 40 years of broad experience the healthcare industry in which he held executive positions at CIBA, Becton Dickinson, Pfizer, Warner Lambert-Parke-Davis, Schering Plough and Centocor. Mr. Anderson was Vice-President of Marketing for the Key Pharmaceuticals division of Schering-Plough and later at Centocor, a worldwide healthcare company now owned by Johnson & Johnson. Mr. Anderson sat on the Executive Committee of Physicians World Communications Group (PWCG), where he was appointed as a Partner and Chief Operating Officer of the Company. Mr. Anderson currently provides Executive Management services to a number of CEOs of healthcare companies. Mr. Anderson received a B.A. in political science from Rutgers University and is a MENSA member.

Gary Rubin

Director

Mr. Rubin, a Certified Public Accountant, serves as a Managing Member of Masters Research Partners, LLC, an investment Fund of Hedge Funds that he co-founded in October 2000. Mr. Rubin began his career with Deloitte & Touche and later served as Managing Partner at Schissel, Rubin & Lehman, a New York based Certified Public Accounting firm. He has been involved in the investment business, including hedge funds, private equity and investment banking, for more than 20 years. Mr. Rubin is active in numerous charities as well as his Family’s foundation, and presently serves on the Board of Boca Raton Regional Hospital Foundation and the Finance committee of the Levitz Jewish Community Center, as well as serving as a Board Member for Family Promise of the Federation of South Palm Beach County. He graduated with a Bachelor of Science cum laude from SUNY at Buffalo, New York.

Peter S. Knight

Director

Peter S. Knight is a Partner at Cyan Capital Partners, a Fund dedicated to helping new Fund managers and asset owners in the field of sustainable investing. Prior to that, Peter was a Founding Partner at Generation Investment Management, where he helped build, with his partners Al Gore and David Blood, a leading global sustainable investing firm with assets under management now exceeding $30 billion. Prior to his retirement from the firm in 2018, Mr. Knight held leadership positions within Generation IM, notably developing and overseeing the firm’s U.S. business.

Prior to Generation, Mr. Knight was a Managing Director of Met West Financial, an LA-based asset management company. Mr. Knight started his career at the Antitrust Division of the US Department of Justice. From 1977 to 1989, he served as the Chief of Staff to Representative and later Senator Al Gore. He served as the General Counsel of Medicis Pharmaceutical and then started his law practice in where he represented the International Olympic Committee, the US Olympic Committee, and numerous Fortune 500 Companies. Mr. Knight has also served in senior positions on four Presidential campaigns including serving as the Campaign Manager for President Clinton’s 1996 re-election campaign.

Mr. Knight has extensive board experience in both the for-profit and non-profit sectors. He served on a number of public company Boards including Medicis, Par Pharmaceutical, Entremed (Casi), Healthworld, Whitman Education, Comsat and the Schroder Mutual Fund Board complex. Mr. Knight currently serves on the Fund Boards of Generation Investment Management and on the Board of Gratitude Railroad. His philanthropic efforts include serving as Chair of the Climate Museum and the Board of Emergent, a nonprofit intermediary to help stop deforestation on tropical forest nations.

He received a BA from Cornell University and a JD from the Georgetown Law School.

Mohsin Y. Meghji

Director

Mohsin Y. Meghji is a Managing Partner of M-III Partners L.P., a New York-based merchant banking firm. He is a nationally recognized U.S. turnaround professional with an exemplary track record of accomplishment across a wide range of industries. His 25+ year career has focused primarily on maximizing value for stakeholders. He has accomplished this through management and/or advisory roles in partnership with some of the world’s leading financial institutions, private equity, and distressed hedge fund investors. Mr. Meghji serves as Chairman of the Board of Infrastructure & Energy Alternatives, Inc., one of the country’s leading renewables-focused engineering and construction firms, which merged with a SPAC sponsored by M-III Partners in March of 2018 and is now listed on the NASDAQ.

Mr. Meghji’s most recent corporate role was as Executive Vice President & Head of Strategy at Springleaf Holdings, LLC as well as CEO of its captive insurance companies. Springleaf was listed on the NYSE in late 2013. Prior to Springleaf, Meghji co-founded Loughlin Meghji + Company, a financial advisory firm that became one of the leading restructuring boutiques in the U.S. Earlier in his career, Meghji spent 12+ years with Arthur Andersen & Co. in the firm’s London, Toronto, and New York offices as a Partner in the Global Corporate Finance group.

He has served as a director on a number of corporate boards including Mariner Health Care Inc, Cascade Timberlands, LLC, Dan River, Inc., and MS Resorts. He is a director of the Equity Group International Foundation, which provides funding for underprivileged high potential students in Kenya. Previously, he served on the Boards of The Children’s Museum of Manhattan as well as HealthRight International from 2004 to 2012. Mr. Meghji is a graduate of the Schulich School of Business, York University, Canada and has taken executive courses at the INSEAD School of Business in France. He has previously qualified as a U.K. and Canadian Chartered Accountant as well as a U.S. Certified Turnaround Professional.

Stuart Diamond

Director

Stuart Diamond is the Global Chief Financial Officer for GroupM, the world’s leading media investment company responsible for over $50 billion in media investment through agencies Mindshare, MediaCom, Wavemaker, Essence and m/SIX, as well as the outcomes-driven programmatic audience company, Xaxis, LLC. Before joining GroupM, Mr. Diamond was a member of the WPP plc family as the CFO for Healthworld Corporation (now called Ogilvy Health), where he took the company public and negotiated its sale to Cordiant Communications Group in 2000. He also served as CFO for National Medical Health Card Systems, Inc., a comprehensive pharmacy benefit management company. From 2008 to 2014, Mr. Diamond was the CFO for GroupM North America, where he established financial strategies and supervised all corporate accounting and financial activities for GroupM and its agencies. Earlier in his career, he held the positions of Vice President and Controller for Calvin Klein, Inc and as Senior Vice President and CFO for Medicis Pharmaceutical Corporation. Mr. Diamond holds a B.S. from the State University of New York, a Master of Science, Taxation degree from Pace University, and an MBA from Fordham.

Maria Zannes

Chief Executive Officer, President and Director

Ms. Zannes brings more than 30 years of executive-level management experience dedicated to defining and advancing company goals and overcoming obstacles impeding corporate success. Prior to her position at bioAffinity Technologies, Ms. Zannes founded The Zannes Firm focusing on strategic solutions for private industry in the medical, environmental and energy fields. In her current capacity as bioAffinity Technologies CEO and President, she has built a team of award-winning scientists and executives who are advancing breakthrough oncology-focused diagnostics and therapeutics.

Ms. Zannes was President of the Energy Recovery Council, the national trade group for the $10 billion waste-to-energy industry, and General Manager of ECOS Corporation, a subsidiary of Burlington Environmental. Ms. Zannes also served as a project manager at Wheelabrator Technologies, Inc. where she led project teams that developed, negotiated and financed the company’s renewable energy generation facilities. Ms. Zannes began her career as a journalist, working for Voice of America and the Associated Press. Before entering the business world, she served as a legislative aide specializing in energy policy and law for Congressman Charles Wilson (D-TX). She is licensed to practice law in New Mexico. She has been awarded Lifetime Achievement Awards by the American Society of Mechanical Engineers and the Earth Engineering Center Award from the WTE Council of Columbia University.

She is the co-founder of two engineering research centers at Columbia University. Ms. Zannes received her B.A. in Journalism from the University of New Mexico and her J.D. from the University of Puget Sound in Washington State.

Scientific advisors

Scientific Advisory Board

Neil Alexis, PhD

Principal Investigator at the University of North Carolina School of Medicine Center for Environmental Medicine, Asthma and Lung Biology

Dr. Alexis focuses on the use of sputum as a primary sampling tool for measuring cellular, biochemical and genetic outcomes in the human airway. Dr. Alexis is a leading expert in the use of flow cytometry in the analysis of sputum.

Catherine Sears, MD

Assistant Professor of Medicine at Indiana University School of Medicine

Dr. Sears is a physician-scientist with a focus on lung cancer whose laboratory focuses on the impact of DNA damage and repair on the development of smoking-related lung cancers and on treatment response.

Gerard Silvestri, MD, MS, FCCP

Professor of Medicine and Lung Cancer Pulmonologist at the Medical University of South Carolina

Dr. Silvestri specializes in the evaluation, management and improvement of outcomes in lung cancer patients. He has experience in evaluating new technologies for the diagnosis and staging of lung cancer. His research includes screening for lung cancer, how patients should be diagnosed and staged with the disease, and how to evaluate new technologies needed to diagnose and treat these patients.

Dr. David Hill

Critical Care Physician – Waterbury Pulmonary Associates

Dr. Hill is a practicing pulmonary and critical care physician with Waterbury Pulmonary Associates and serves as their director of clinical research. He is a member of the Lung Association’s National Board of Directors and is the immediate past chair of the Northeast Regional Board of the American Lung Association. He serves on the Leadership Board of the American Lung Association in Connecticut and is a former chair of that board. He is an assistant clinical professor of medicine at the Yale University School of Medicine, an assistant clinical professor at the Frank Netter School of Medicine at Quinnipiac University, and a clinical instructor at the University of Connecticut School of Medicine. Dr. Hill attends at Waterbury Hospital and St Mary’s Hospital in Waterbury, CT and serves as the chair of the Pharmacy and Therapeutics Committee at Waterbury Hospital. He is the past president of the Connecticut Thoracic Society. He has been the principal investigator for more than 75 pulmonary research trials and the author of many papers.

Research & Development Efforts

Scientific Publications & Abstracts

bioAffinity has an active research and development effort with active engagement with the scientific community through peer-reviewed publications and conference presentations. We are actively working to expand our core porphyrin platform technology to create targeted diagnostics and therapeutics in the fight against cancer.