Full Press Release Details
Bioanalytical Systems, Inc.,
doing business as Inotiv,
Appoints Greg Beattie as Chief
WEST LAFAYETTE, IN, February
11, 2021 -- Bioanalytical Systems, Inc. (NASDAQ:BASI) (the "Company", "We", "Our" or "Inotiv"),
doing business as Inotiv, a leading provider of nonclinical and analytical contract research services, today announced the appointment
of Greg Beattie as Chief Operating Officer of the Company, effective February 15, 2021.
Mr. Beattie brings more than
30 years of contract research experience to the Company, including more than two decades in operational leadership roles at Charles
River Laboratories, where he drove growth and profitability across multiple business units. During his career at Charles River
Laboratories, Mr. Beattie held Corporate Vice President positions leading business units within all three of Charles River Laboratories'
segments of operations (Discovery and Safety Assessment, Research Models and Services and Manufacturing Support). In these roles,
Mr. Beattie was responsible for driving operational performance for divisions with revenue in excess of $100 million. Among his
most significant accomplishments was leadership of the design, construction and staffing of one of the largest preclinical facilities
in the world in Reno, Nevada. Mr Beattie also led a new business venture (Charles River Accelerator and Development Lab), and integrated
an expanding Biologics Testing Solutions business.
Mr. Beattie holds a Bachelor
of Science degree in Biology from McGill University and a Master of Science degree in Experimental Health Sciences from Universit
du Queb c, and graduated from the Kellog Management Institute program at Northwestern University. Mr. Beattie held certification
as Diplomate of the American Board of Toxicology (DABT) between 1999 and 2019.
"We continue to attract
high-caliber leaders to our team and look forward to welcoming Greg as another talented member of Inotiv," said Robert Leasure,
Jr., the Company's President and Chief Executive Officer. "He is an accomplished executive with a proven industry track record,
and brings extensive experience in strategic planning, process improvement, enterprise-wide system implementation, leadership development
Mr. Beattie commented, "I
am very excited to join Inotiv at this pivotal point in its growth trajectory and I look forward to helping the team drive value-creation
for our stakeholders. Inotiv has a reputation for outstanding talent, a strong client-service orientation and a winning culture,
which should provide an excellent foundation to continue to build upon."
Bioanalytical Systems, Inc., doing business
as Inotiv, is a pharmaceutical development company providing contract research services and monitoring instruments to emerging
pharmaceutical companies and the world's leading drug development companies and medical research organizations. The Company focuses
on developing innovative services supporting its clients' discovery and development objectives for improved decision-making
and accelerated goal attainment. The Company's products focus on increasing efficiency, improving data, and reducing the
cost of taking new drugs to market. Visit inotivco.com for more information about the Company.
This release may contain forward-looking
statements that are subject to risks and uncertainties including, but not limited to, risks and uncertainties related to changes
in the market and demand for our products and services, the development, marketing and sales of products and services, changes
in technology, industry and regulatory standards, the timing of acquisitions and the successful closing, integration and business
and financial impact thereof, the impact of the COVID-19 pandemic on the economy, demand for our services and products and our
operations, including the measures taken by governmental authorities to address the pandemic, which may precipitate or exacerbate
other risks and/or uncertainties and various other market and operating risks, including those detailed in the Company's filings
with the U.S. Securities and Exchange Commission.
| Company Contact | Investor Relations | |
| Bioanalytical Systems, Inc., dba Inotiv | The Equity Group Inc. | |
| Beth A. Taylor, Chief Financial Officer | Kalle Ahl, CFA | |
| (765) 497-8381 | (212) 836-9614 | |
| btaylor@inotivco.com | kahl@equityny.com | |
| Devin Sullivan | ||
| (212) 836-9608 | ||
| dsullivan@equityny.com |