BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Clavis Pharma ASA Appoints Olav Hellebo as Chief Executive Officer


1/8/2010 8:38:40 AM

Bookmark and Share

OSLO, NORWAY -- (Marketwire) -- 01/08/10 -- Clavis Pharma ASA, the Norwegian cancer drug development company, announced today that it has appointed Olav Hellebo as its new Chief Executive Officer (CEO). Mr Hellebo, who joins Clavis Pharma from UCB Pharma, has significant senior management experience in the pharmaceutical industry and has been appointed to lead the Company as it embarks on a new phase of international clinical and commercial development. Mr Hellebo will take up his position on 1(st) February 2010.

Olav Hellebo (age 44) is an experienced pharmaceutical executive who has held senior positions in the pharmaceutical industry in both Europe and the USA. He joins Clavis Pharma from UCB, the global biopharmaceutical company where he was Senior Vice President, UCB Pharma and President of Immunology Operations. In this position he built and led the global organization responsible for the successful registration and launch of Cimzia®, UCB's new antibody drug for the treatment of rheumatoid arthritis and Crohn's disease. From 2003 to 2004 Mr Hellebo was Chief Operating Officer of Novartis UK and prior to that held a series of senior international roles at Schering Plough, the last as head of Schering Plough's Oncology Biotech Division in the USA. Mr Hellebo graduated in business studies from Hofstra University, New York and received an MBA from IESE, Barcelona.

"I am delighted to welcome Olav Hellebo to Clavis Pharma," said Keith McCullagh, Clavis Pharma's Chairman. "He is an entrepreneurial business leader who has succeeded in building winning teams and delivered strong performance wherever he has worked. Most recently he took responsibility at UCB for building a 500-person global team to achieve successful international marketing approvals and launch of Cimzia®, UCB-Celltech's new anti-inflammatory medicine. I am confident he will be equally successful in establishing Clavis Pharma as a leading company in the field of novel anti-cancer medicines."

Olav Hellebo commented: "I look forward to joining Clavis Pharma at a time of great potential. The Company has achieved promising clinical data with elacytarabine in acute myeloid leukaemia and I believe this new investigational medicine can be brought successfully to market on an international basis. The recent partnership with Clovis Oncology for CP-4126, Clavis Pharma's second pipeline product, demonstrates the potential of the Company's Lipid Vector Technology to generate exciting new and improved versions of existing oncology drugs. One of my key objectives at Clavis will be to build on the successes of Geir Christian Melen and his team and to further expand the clinical pipeline. I believe my commercial pharmaceutical experience will help us to establish and implement a winning international business strategy as we seek to improve outcomes for cancer patients worldwide."

Geir Christian Melen, Clavis Pharma's current CEO will hand over to Olav Hellebo on 1st February 2010 and will continue with the Company as an adviser for a transition period expected to last until end of June.

"I would like to thank Geir Christian Melen for the strong contribution he has made to Clavis Pharma's development over the past two years," said Keith McCullagh. "In 2009, he achieved a successful refinancing of the Company and established a $380 million strategic partnership with Clovis Oncology laying the foundations for our future success. As Clavis Pharma enters a new phase of international clinical and commercial development, the Board believes the Company requires a CEO with significant international pharmaceutical industry experience to deliver our corporate ambitions. We would like to thank Geir Christian for his leadership to date and wish him every success as he seeks new opportunities for the future."

For further information, please contact: Keith McCullagh Non-Executive Chairman Mobile : +44 793 957 3548 E-mail: keith.mccullagh@btinternet.com

Geir Christian Melen Chief Executive Officer Office: +47 24 11 09 50 Mobile : +47 91 30 29 65 E-mail: geir.christian.melen@clavispharma.com

Gunnar Manum Chief Financial Officer Office: +47 24 11 09 71 Mobile : +47 95 17 91 90 E-mail: gunnar.manum@clavispharma.com

For international press enquiries: Mark Swallow / Nina Enegren / David Dible Citigate Dewe Rogerson Office : +44 207 282 2948 E-mail : clavispharma@citigatedr.co.uk

Read at BioSpace.com
Read at PharmaLive
Read at News Release

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES