TMRW Life Sciences Names Louis Villalba Chief Executive Officer

Seasoned Executive Appointed to Lead Fast-Growing Technology Company as It Signs 50 Fertility Clinics Representing Nearly 20% Market Share

NEW YORK, June 27, 2023 /PRNewswire/ -- Today, TMRW Life Sciences, Inc. ("TMRW"), a fertility technology company automating the IVF lab, appointed Louis Villalba Chief Executive Officer effective immediately. Villalba has served as TMRW's Chief Business Officer since September 2022 and succeeds Tara Comonte who has led the company's successful growth for the last 2 years. Under Comonte's leadership the company scaled from 5 study partner clinics to 50 contracted commercial clinics and 20% market share, launched the state-of-the-art TMRW biorepository in New York City, and obtained FDA clearance for the company's next-generation platform for the safe management and storage of frozen eggs and embryos. Comonte will remain on the TMRW Board of Directors, a position she has held since 2018.

"As the mother of a daughter born through IVF, I remain passionate about the need for technology-enabled innovation in this field, bringing clear benefits to both patients and clinics. TMRW is revolutionizing an entire industry, delivering new levels of transparency, safety and scalability to benefit millions of future families and hopeful parents," said Comonte. "I'm grateful to have had the opportunity to lead this incredible team and I look forward to working with TMRW as a continuing member of the Board and supporting Lou moving forward."

"We are deeply appreciative of Tara's leadership which led to significant market expansion for TMRW and the launch of the only platform in the world for the management of the frozen eggs and embryos used in IVF to have been successfully cleared by the FDA," noted co-Founder and Board member Jeff Port, MD. "We're delighted to welcome Lou as our CEO with his 30 years of global experience developing and commercializing innovative products and companies in women's healthcare. We are excited for his stewardship through this next stage of hyper growth."

TMRW's partnerships with leading fertility clinics across the United States represent nearly 20% of the annual national patient cycle volume. With TMRW's ground-breaking automated technology, fertility clinics are upgrading their frozen specimen storage and management systems and reducing potential points of failure by 94% compared to manual systems. As TMRW's Chief Business Officer, Villalba has been instrumental in building transformational partnerships with some of the most innovative clinics, including the recently announced partnership with Pinnacle Fertility, a leading physician-led fertility care network.