Fulgent Genetics Appoints Dr. Lawrence Weiss as Chief Medical Officer

Experienced medical and scientific leader will expand Fulgent’s reach in molecular diagnostics

TEMPLE CITY, Calif.–(BUSINESS WIRE)–Fulgent Genetics a technology company providing comprehensive testing solutions through its scalable technology platform, today announced the appointment of Lawrence Weiss, M.D. as Chief Medical Officer, reporting to the Company’s Chief Executive Officer, Ming Hsieh. Dr. Weiss will be responsible for expanding Fulgent’s reach in molecular diagnostics and driving the advancement of the Company’s portfolio of oncologic testing solutions.

“We are pleased to welcome Dr. Weiss to our team to oversee the expansion of our strategy around molecular diagnostics,” said Ming Hsieh, Chairman and CEO of Fulgent Genetics. “Dr. Weiss has an esteemed background on the forefront of molecular science and pathology. In addition to developing and commercializing products and services in expanding markets, he has a successful track record building healthcare businesses for sustainability and scale. We look forward to leveraging Dr. Weiss’ expertise and perspective, in conjunction with our scalable technology platform for Next Generation Sequencing, to expand our presence in various testing markets.”

“Fulgent has a great opportunity to expand its presence in molecular diagnostics, and I am excited to join the team to help execute on the Company’s vision in this market,” said Dr. Lawrence Weiss. “I believe that Fulgent has proven its ability to rapidly launch and scale new testing initiatives, and that my extensive background in pathology and molecular diagnostics will create a winning combination as we develop new testing solutions.”

About Dr. Lawrence Weiss

Dr. Weiss brings extensive experience in medical and scientific leadership to Fulgent Genetics. Most recently, he was Chief Medical Officer at NeoGenomics where he oversaw the medical and the research and development teams. Prior to NeoGenomics, Dr. Weiss served as Laboratory Director for Clarient Diagnostic Services and as Chairman of the Department of Pathology and Director of Laboratories for City of Hope National Medical Center. Dr. Weiss holds a B.S. from the University of Maryland at College Park, where he graduated as Class Valedictorian, Summa cum Laude, and Phi Sigma, and an M.D. from the University of Maryland School of Medicine where he received the Faculty Gold Medal for Outstanding Qualifications for the Practice of Medicine, the university’s highest award, the Francis Donaldson Award for Highest Achievement in Pathology, and graduated with the additional honors of Summa cum Laude and Alpha Omega Alpha.

About Fulgent Genetics

Fulgent Genetics’ proprietary technology platform has created a broad, flexible test menu and the ability to continually expand and improve its proprietary genetic reference library while maintaining accessible pricing, high accuracy and competitive turnaround times. Combining next generation sequencing with its technology platform, the Company performs full-gene sequencing with deletion/duplication analysis in an array of panels that can be tailored to meet specific customer needs. In 2019, the Company launched its first patient-initiated product, Picture Genetics, a new line of at-home screening tests that combines the Company’s advanced NGS solutions with actionable results and genetic counseling options for individuals. Since March 2020, the Company has commercially launched several tests for the detection of SARS-CoV-2, the virus that causes the novel coronavirus, including NGS and reverse transcription polymerase chain reaction – based tests. The Company has received Emergency Use Authorization from the U.S. Food and Drug Administration for the RT-PCR-based tests for the detection of SARS-CoV-2 using upper respiratory specimens (nasal, nasopharyngeal, and oropharyngeal swabs) and for the at-home testing service through Picture Genetics. A cornerstone of the Company’s business is its ability to provide expansive options and flexibility for all clients’ unique testing needs through a comprehensive technology offering including cloud computing, pipeline services, record management, web portal services, clinical workflow, sequencing as a service and automated lab services.

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Nicole Borsje, 415-217-2633; nicole@blueshirtgroup.com