Aspira Women’s Health Names Torsten Hombeck as Chief Financial Officer

AUSTIN, Texas, May 16, 2023 (GLOBE NEWSWIRE) -- Aspira Women’s Health Inc. (“Aspira”) (Nasdaq: AWH), a bio-analytical based women’s health company focused on the development of gynecologic disease diagnostic tools, today announced it has appointed Torsten Hombeck, Ph.D., as Chief Financial Officer, replacing interim CFO Marlene McLennan. Dr. Hombeck brings to Aspira extensive experience in the biotechnology industry, finance, capital markets and M&A transactions, as well as clinical and commercial product development and regulatory filings. The change will be effective on June 15, 2023.

“We are pleased to welcome Torsten to the Aspira management team as our new CFO,” said Nicole Sandford, President and Chief Executive Officer of Aspira Women’s Health. “Torsten brings a deep understanding of the capital markets, financial strategy and business development from his over two decades of senior level experience in the biotechnology industry, mostly with publicly traded companies. We look forward to his guidance as he helps to take us through to the next level of growth.”

Dr. Hombeck said, “I am excited to join Aspira at this stage of its development. There is so much potential to improve health outcomes for women, especially those facing the risk of ovarian cancer. I look forward to playing a strategic role in helping the company to achieve this mission. As a child of a cancer survivor, this work holds a special place in my life.”

Dr. Hombeck joins Aspira from his role as CFO of Akari Therapeutics (Nasdaq: AKTX) where he raised over $44 million during his three year tenure there. His previous positions include Chief Commercial and Strategy Officer and Managing Director at Promethera Biosciences, and Co-Chief Executive Officer and Chief Business Officer at Cytonet where he played an integral role in its acquisition by Promethera. Dr. Hombeck also served as Chief Financial Officer at both Agennix and GPC Biotech. He holds a Masters in Business Administration and a Ph.D. in Finance.

Ms. Sandford continued, “We are grateful to Marlene for her significant contributions to Aspira during a critical transitional period. Under her leadership, we were able to make progress on a number of our operational excellence goals.”

About Aspira Women’s Health Inc.
Aspira Women’s Health Inc. is transforming women’s gynecological health with the discovery, development, and commercialization of innovative testing options for women of all races and ethnicities, starting with ovarian cancer.