Predictive Oncology announce the appointment of Raymond F. Vennare as Chairman of the Board, effective Nov. 1. As an active member on the POAI Board of Directors since September 2021 and, as an accomplished senior executive with more than three decades of experience building biotechnology and bioinformatics companies across diverse markets in life sciences, Mr. Vennare emerged as a clear frontrunner to serve as the next Chief Executive Officer of Predictive Oncology. Mr. Vennare will continue to work closely with the company's senior management to expand its portfolio of proprietary solutions to advance the pipeline of drug development in oncology, ranging from early discovery through clinical trials.

He will lead Predictive Oncology's efforts to evolve the company's core products and services, which include its flagship technology that pairs artificial intelligence with the world's largest commercial biobank for oncology drug discovery, as well as the application of 3D tumor models and formulation solutions. An accomplished senior executive and biotechnology entrepreneur, Mr. Vennare has a long history of founding, advising and leading companies in both the private and public sectors, ranging from bioinformatics, diagnostics and therapeutic drug delivery to FDA-cleared medical devices. He has played a key role in company formation, capitalization, business development and execution of commercialization opportunities for novel technologies.

Since 2015, Mr. Vennare has served as CEO and Chairman of Cvergenx Inc., a genomic informatics company developing decision-support tools for radiation oncology, and is currently an Investment Partner in Inventeur, LLC, a holding company of medical technologies in anesthesiology. Mr. Vennare's previous experience includes co-founding ThermalTherapeutic Systems Inc., where he served as President and Chief Executive Officer, President and Chief Executive Officer of ImmunoSite Inc., Senior Vice President and Chief Information Officer of TissueInformatics Inc., and President of VS/Interactive. Mr. Vennare earned his undergraduate degree from the University of Pittsburgh and holds graduate degrees from Duquesne University and Case Western Reserve University, and a non-degree Certificate in Technology Commercialization from Carnegie Mellon University.