Mr Hoey, originally from Australia, brings more than 20 years of executive-level experience in business development, licensing, strategic planning, and financing for technology companies. His experience spans the preclinical development of small molecule and biologic therapeutics, molecular diagnostic assays and platforms, and analytical instrumentation. Mr Hoey has completed over $400 million in corporate partnering transactions and equity financings in the US, Europe, and Japan and has secured extensive contracts for US Government sponsored research.

Most recently, Mr Hoey served as vice president of business development at PathoGenetix, a Boston-based company pioneering single molecule detection technologies for automated identification and strain-typing of microorganisms for biodefense, clinical, and industrial applications. During his tenure at PathoGenetix, Mr Hoey secured more than $55 million from US government contracts and corporate strategic alliances, in addition to a series of equity financings.