Sector News

Ablynx CSO becomes CEO at UK biotech

November 14, 2017
Life sciences

Tony de Fougerolles has been named chief executive of privately-held UK biotech Evox Therapeutics.

Taking over from acting CEO Per Lundin, Dr de Fougerolles has been appointed to help to drive Evox towards its goal of creating a world-leading platform technology for the translation of exosome therapeutics.

Dr de Fougerolles joins from Ablynx, where he held the role of chief scientific officer (CSO) for four years, helping to advance and expand the pipeline of the Belgian drug developer to include more than 45 single domain antibody programs, forming major new partnerships and helping prepare the submission of a Marketing Authorization Application to the European Medicines Agency.

He was also CSO at Moderna Therapeutics and helped the clinical-stage biotech firm Moderna Therapeutics to secure a $240 million upfront deal with AstraZeneca.

Dr Lundin, who will continue as Evox’s chief operating officer, said: “Evox is at an exciting point in its development. After a thorough selection process, I am incredibly pleased that Tony is joining the team as we continue to develop Evox into the world’s leading exosome therapeutics company.

“Tony has an outstanding track record in progressing products through the pipeline and a strong scientific understanding. He has also been integral to his previous companies’ deal-making success and we are excited for him to bring such extensive experience to Evox.”

Dr de Fougerolles added: “Having worked as a CSO for seven years, I appreciate the fine balance between developing new drug platforms, advancing a therapeutic pipeline and building the business.

“The opportunity to further develop and progress Evox’s unique proprietary exosome drug platform is a very exciting prospect, as exosomes are the natural way that cells communicate to each other and exchange proteins and nucleic acids. I strongly believe that by harnessing this natural process, exosome-based drugs have the potential to address some of the limitations of protein, antibody, and nucleic acid-based therapies by enabling delivery to cells and tissues that are currently out of reach.

“I believe we can progress through the clinic an entirely novel class of biotherapeutics and I look forward to working with Per and the rest of the board to develop therapies with a potentially transformative impact on the lives of patients suffering from severe illnesses.”

Source: The Pharma Letter

comments closed

Related News

June 24, 2022

Echosens and Novo Nordisk announce partnership to increase awareness and advance early diagnosis of NASH

Life sciences

Echosens, a high-technology company offering liver diagnostic solutions, and Novo Nordisk A/S, a leading global healthcare company, announced a partnership to advance early diagnosis of non-alcoholic steatohepatitis (NASH) and increase awareness of the disease among patients, healthcare providers and other stakeholders.

June 24, 2022

argenx receives positive CHMP opinion for Efgartigimod for the treatment of adult patients with Generalized Myasthenia Gravis in Europe

Life sciences

Positive opinion based on Phase 3 ADAPT trial showing efgartigimod provided clinically meaningful improvements in strength and quality of life measures. If approved, efgartigimod will be the first neonatal Fc receptor (FcRn) blocker for the treatment of adults in Europe living with rare neuromuscular disease generalized myasthenia gravis (gMG).

June 24, 2022

Galapagos finally takes M&A plunge, spending $251M for 2 biotechs in CAR-T push

Life sciences

Galapagos CEO Paul Stoffels, M.D., has finally taken the plunge on M&A. The newly minted chief executive has signed not one but two deals in an attempt to right the ship, bringing two small biotechs aboard for a combined 239 million euros ($251.4 million).