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VRML > SEC Filings for VRML > Form 8-K on 16-Sep-2013All Recent SEC Filings

Show all filings for VERMILLION, INC.



Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Election of Director

On September 12, 2013, the Board of Directors (the "Board") of Vermillion, Inc. (the "Company") elected Eric Varma, MD as a Class III director, filling a vacant seat on the Board.

Dr. Varma is currently a Partner at Oracle Investment Management ("Oracle"), which is a fundamental research driven investment management company that is exclusively focused on the global health care and bioscience industries. Prior to joining Oracle, Dr. Varma worked at Leerink Swann, the Boston Consulting Group, and the Food and Drug Administration. Dr. Varma received his B.A. from the University of California Berkeley, M.D. from the Albert Einstein College of Medicine, and M.B.A. from the MIT Sloan School of Management.

Dr. Varma was designated by Oracle's affiliated funds Oracle Partners, LP and Oracle Ten Fund Master, LP, which are stockholders of the Company and collectively have the right to designate an individual to be nominated to the Board pursuant to the Stockholders Agreement dated May 13, 2013 by and among the Company and certain purchasers of the Company's common stock and warrants (the "Stockholders Agreement"). The Stockholders Agreement was filed as Exhibit 10.2 to the Company's Current Report on Form 8-K that was filed with the Securities and Exchange Commission on May 14, 2013.

On September 16, 2013, the Company issued a press release to announce Dr. Varma's election. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibit No.Description.

99.1 Press Release dated September 16, 2013

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