Former Senior Vice President, Healthcare Investment Banking at Raymond James & Associates, Now Leads OraSure’s Mergers, Acquisitions & Strategic Initiatives
May 01, 2018 – BOSTON – Slone Partners, North America’s leading executive search firm for life sciences and diagnostics companies, announces the placement of David Rappaport at OraSure Technologies as Senior Vice President, Business Development. Mr. Rappaport will be based at the Company’s headquarters in Bethlehem, PA.
Publicly-traded OraSure Technologies (NASDAQ: OSUR) develops, manufactures and distributes fourteen distinct oral fluid diagnostics and collection devices, cryosurgical products, and other technologies to detect or diagnose critical medical conditions. These products include the OraQuick® In-Home HIV Test, OraQuick ADVANCE® Rapid HIV-1/2 Antibody Test, and oral fluid testing solutions for drug abuse, including the Q.E.D.® Saliva Alcohol Test. The Company, which has approximately 380 employees and produces annual revenues of $167 million, also wholly-owns DNA Genotek, Inc.
Prior to OraSure Technologies, Mr. Rappaport was Senior Vice President, Healthcare Investment Banking at Raymond James & Associates, where he provided investment banking services in the Life Sciences practice group. Mr. Rappaport received a Bachelors of Business Administration in Finance and Economics from the University of Wisconsin, Madison and an MBA from Emory University.
“Slone Partners was very organized, professional and communicative throughout the entire process, managing all aspects efficiently and always keeping me informed,” says David Rappaport.
Says Slone Partners CEO Leslie Loveless, “OraSure Technologies is growing rapidly, necessitating finding a world-class individual to oversee M&A opportunities. David represents a wealth of healthcare industry investment banking experience that will prove valuable to OraSure’s revenue and organizational growth for years to come.”
ABOUT SLONE PARTNERS
Slone Partners delivers the leaders who build amazing healthcare organizations – People Are Our Science®. Since 2000, Slone Partners specializes in delivering world-class C-suite leadership, executive, and upper management talent to the most promising and established life sciences, diagnostics, precision medicine, CRO’s, and laboratory services companies. With coast-to-coast presence in the most active healthcare industry hubs of Boston, San Francisco, Los Angeles, San Diego, Austin, Research Triangle Park NC, and Washington DC, Slone Partners uniquely and precisely provides an array of executive search and advisory services to innovative healthcare companies. To learn more about Slone Partners’ value proposition and processes, visit www.slonepartners.com or call 888.784.3422.