Synthetic Genomics Appoints Reinhard J. Ambros, Ph.D., Former Global Head of the Novartis Venture Fund to Board of Directors
SAN DIEGO, June 25, 2018 /PRNewswire/ -- Synthetic Genomics, Inc., Inc. (SGI), a leader in designing and programming biology for function, today announced Reinhard J. Ambros, Ph.D., has joined the company's Board of Directors.
Dr. Ambros was the global head of the Novartis Venture Fund from 2005 to 2017 and built one of the largest and most active corporate Biotechnology Venture Funds globally. As the fund manager, he built a team of respected investment managers in Europe and the United States and led many significant venture investments and exits via M&A or IPO. He has a broad network with key finance syndicate partners and pharma organizations.
"I am honored to welcome Reinhard to our Board as part of an ongoing effort to strengthen the composition of our team and ensure we have the right mix of skills and expertise to lead us forward," said Oliver Fetzer, Ph.D., MBA, Chief Executive Officer at Synthetic Genomics. "Reinhard has exceptional business development and pharmaceutical drug development experience that will help us further progress our leading-edge cell engineering platforms."
Prior to the Novartis Venture Fund, Dr. Ambros was head of Group Strategic Planning for Novartis AG and led business development and licensing in the cardiovascular and metabolic disease area for Novartis Pharma AG. Earlier in his career he led pharmaceutical product development projects in various therapeutic areas for Novartis Pharma AG and Hoffmann-La Roche.
Dr. Ambros is the independent lead director of the Board of Directors of Aileron Therapeutics, Cambridge, MA, and is a board member for some European biotech companies. He also serves as advisor to the German Government´s (BMBF) Go-Bio Fund. Dr. Ambros received a Ph.D. from the University of Regensburg, Germany.
"I'm excited to join the Board of Synthetic Genomics and to help the company drive towards profitability and deliver on the exciting potential of the company's transformative platform for the next-generation of medicines," commented Dr. Ambros.
About Synthetic Genomics, Inc.
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SOURCE Synthetic Genomics, Inc.