NEW YORK, Feb 5 - Zyomyx, a Hayward, Calif.-based protein chip company, said Monday that Lawrence Cohen, the company’s chief operating officer, had been promoted to CEO.
The company also named Garrett Roper chief financial officer.
Cohen will replace Yasunori Kaneko, who has been CEO since 1998. Kaneko will stay on as chairman of Zyomyx’s board.
A spokeswoman for Zyomyx said that Kaneko had been working as a part-time CEO and that Cohen’s promotion to CEO reflected the his effectiveness as COO.
Zyomyx, which has an agreement with Cambridge Antibody Technology to jointly develop high-density protein chips, is scheduled to begin beta testing its protein chips sometime in the first half of this year. Other companies currently developing protein arrays include Motorola, Proteome Systems, Protein Sciences Corporation, HTS Biosystems, Oxford Glycosciences, Phylos, and Packard Biosciences.
The privately-held company recently raised $32.6 million in private financing.