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Joseph J. Frendo Joins Caris Life Sciences as Chief Operations Officer

Healthcare veteran joins leading molecular science company

IRVING, Texas, April 23, 2019 – Caris Life Sciences®, a leading innovator in molecular science focused on fulfilling the promise of precision medicine, today announced that Joseph J. Frendo has joined the company as Chief Operations Officer. In his role, Frendo will oversee and direct all technical and clinical staff operations and guide strategies to advance quality and optimize efficiencies across the company.

A seasoned healthcare industry executive, Frendo brings to Caris more than three decades of operational and management leadership in the healthcare supply chain arena, with a deep focus on prescription benefit management (PBM) operations. Frendo’s expertise will be critical to Caris as the company continues to expand its operations and drive new advancements and innovation in molecular science.

“We are thrilled to welcome Joe Frendo to the Caris team,” said David D. Halbert, Chairman and CEO of Caris Life Sciences. “Joe shares our commitment to ensuring that quality is at the forefront of all the work we do. As we continue to expand as a company and develop new technologies to inform more personalized cancer care, it will be imperative that our operations keep pace with our growth. Joe is the ideal person to ensure that Caris continues to provide the highest level of service and results that help change patients’ lives.”

“I am honored to be joining Caris Life Sciences at this pivotal time in the company’s growth,” said Frendo. “I look forward to working with the Caris team on its mission to make a positive difference in the lives of cancer patients and their families.”

Prior to joining Caris, Frendo served as the Senior Vice President of PBM Operations at CVS Health where he managed specialty pharmacy, mail-service pharmacy and customer care operations business units. While at CVS Health, he formulated an enhanced customer experience improvement plan that led to increased customer satisfaction and continuous quality improvement. Frendo also served in several management roles at Medco Health Solutions before moving to CVS Health.

Frendo earned a Bachelor of Science in Pharmacy from the Massachusetts College of Pharmacy and Health Sciences.

 

About Caris Life Sciences

Caris Life Sciences® is a leading innovator in molecular science focused on fulfilling the promise of precision medicine through quality and innovation. The company’s suite of market-leading molecular profiling offerings assess DNA, RNA and proteins to reveal a molecular blueprint that helps physicians and cancer patients make more precise and personalized treatment decisions. Caris is also advancing precision medicine with Next Generation Profiling™ that combines its innovative service offerings, Caris Molecular Intelligence® and ADAPT Biotargeting System™, with its proprietary artificial intelligence analytics engine, DEAN™, to analyze the whole exome, whole transcriptome and complete cancer proteome. This information, coupled with mature clinical outcomes on thousands of patients, provides unmatched molecular solutions for patients, physicians, payers and biopharmaceutical organizations. Headquartered in Irving, Texas, Caris Life Sciences offers services throughout the U.S., Europe, Asia and other international markets. To learn more, please visit www.CarisLifeSciences.com or follow us on Twitter (@CarisLS).

 

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Company Contact & Media:

Srikant Ramaswami

Vice President, Chief Communications Officer

sramaswami@carisls.com

+1-214-769-5510

 

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