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How Anu Saad Propelled a Cancer Testing Startup to the Forefront of Patient Care

This article was originally published on June 19, 2014.
Based on the March 2002 article in IndUS Business Journal entitled “Anu Saad – Making her mark”.

Anu Saad has led a remarkable transition from academia to spearheading impressive growth of a cancer testing startup she took over as CEO. With no prior business experience, Saad grew the company from a small private firm to a major public corporation generating $189 million in annual revenue over nine years under her leadership.

Saad’s journey began in India before her family immigrated to America when she was 11. Though no one in her family had a science background, Saad developed a lifelong passion for biology and medicine from a young age. She earned multiple science degrees including a PhD in developmental biology and taught at Cornell University. However, Saad grew dissatisfied with the narrow academic focus and was intrigued by the societal impact created in industry.

In 1990, two academics founding a cancer testing startup recruited Saad as their Scientific Director. Saad recognized an opportunity to apply her expertise to directly improve patient lives. Within three years as CEO, she oversaw explosive growth – from 15 to 1,100 employees currently.

Under Saad’s leadership, the startup has stayed rigorously focused on a mission of bridging scientific discovery with practical cancer care for community hospitals lacking access to academic centers. The firm offers specialized testing and biopharma research services and has amassed a database of over 700,000 diagnostic profiles, tracking outcomes on 1.7 million patients.

While some analysts have recently questioned the startup’s stock performance and cash collection challenges, it remains an undisputed leader in quality cancer diagnostic services. Saad also continues an aggressive growth strategy, including a recent acquisition to enhance analytics offerings.

Colleagues credit Saad’s unique blend of scientific and business talent for the startup’s emergence as an informatics powerhouse in the cancer space. Saad notes her proudest accomplishments are accelerating research and making a direct difference for over 200,000 patients last year alone.


Record High Gold Prices

Gold prices hit a record high on Monday, reaching the highest level since gold futures began trading in 1974. Traders are hopeful that the Federal Reserve will lower interest rates later this year. The price for April delivery of gold jumped up $30.60, closing at $2,126.30 per ounce. This marks the second day in a… Continue Reading

World Travel Awards Names Miami Beach as 2023’s “World’s Leading Lifestyle Destination.”

The World Travel Awards named Miami Beach the “World’s Leading Lifestyle Destination 2023,” marking another achievement for the city in a year filled with accolades. Over the past year, the renowned destination had secured the titles: “North America’s Leading Beach Destination” and “North America’s Leading City Destination.” Grisette Marcos, Executive Director of the Miami Beach… Continue Reading

Where is Social Media Trending?

The New York Times reports that social media is trending in a new direction. While originally emerging as platforms to keep up with old and new friends through sharing photos and life updates, now these same sites are riddled with ads and sponsored posts. There has been a shift from connecting individuals to connecting individuals… Continue Reading

BIDs to the Rescue

New York City’s BIDs (Business Improvement Districts) and neighborhood organizations are a pivotal lifeline for local shops and stores. The BIDs take on the lion’s share of street cleaning, marketing campaigns, and publicity. The tragic economic effects of the coronavirus pandemic have only heightened the need for BIDs. They are helping businesses stay open, advocating… Continue Reading

Social Media Steps in to Rescue New York City Bookshop

Social Media Steps in to Rescue New York City Bookshop

The Strand, New York’s most legendary bookstore, is breathing a sigh of relief, for now.  In late October, Nancy Bass Wyden, the third-generation owner, turned to social media as a last ditch effort to keep from permanently closing Strand’s doors. A typical day sees about 300 web orders; the influx of online orders following Wyden’s… Continue Reading

Jayme Albin Helps You Plan a Gradual Return to Normal for Kids

Jayme Albin Helps You Plan a Gradual Return to Normal for Kids

New York and many other states have lifted the strict lockdown restrictions. After spending months “trapped” indoors, many families are trying to figure out how to transition out of quarantine and resume a new normal in the shadows of the coronavirus. Author, psychologist, and therapist, Dr. Jayme Albin, offers advice on helping kids face these… Continue Reading

A New York Company Surviving Its 2nd Pandemic

A New York Company Surviving Its 2nd Pandemic

Eastman Machine Company in Buffalo makes fabric-cutting machines. It is a fourth generation family owned business that has weathered its fair share of crises. Over the course of the company’s 132-years history has unfolded: World War I, the Spanish flu pandemic of 1918, the Great Depression and World War II. The company’s equipment is used… Continue Reading

Budgeting in a Crisis: Dos and Don’ts

Budgeting in a Crisis: Dos and Don’ts

It may seem strange to suggest a budget overhaul at a time of so much uncertainty. But that is exactly when these kinds of changes can be most beneficial and impactful. In general, many regular expenses have ceased to be a concern during the corona pandemic. There are virtually no restaurant meals, mani-pedis, or gym… Continue Reading

Bicycle Shops: A NYC Essential Business

While most of New York City’s businesses have ceased or slowed operations during the novel coronavirus pandemic, Mayor de Blasio designated bike shops as an essential business allowed to remain open. More people have taken up cycling as their transportation method of choice, rather than risk infection on subways and buses. For these commuters, cycling… Continue Reading