Helicos Shuffles CEOs, Names Lowy to Top Job

12/2/08

Helicos Biosciences, (NASDAQ: HLCS) the Cambridge, MA-based maker of genetic analysis tools, said it has hired Ronald Lowy as CEO, replacing Steve Lombardi, who was promoted to the top job in August. Lombardi will continue working at the company as president and as a member of the board, while concentrating on commercializing the HeliScope product line, the company said in a statement. Lowy, who joined the Helicos board in November 2007, is the former CEO of Fisher Biosciences, a division of Fisher Scientific. (Update: Helicos said Lowy will perform his CEO duties on a part-time basis, according to a regulatory filing issued later in the day.)

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