Melbourne Australia; 12 July 2010: Starpharma Holdings Limited (ASX:SPL, OTCQX:SPHRY) today announced it has appointed Malcolm McColl to join the company’s existing business development team as a Vice President to meet the growing market demand for pharmaceutical and life science applications of Starpharma’s dendrimer technology, particularly in drug delivery.
Malcolm is a seasoned business development professional with more than 20 years’ experience with major biotechnology companies, including 13 years with CSL where he negotiated major agreements with Pfizer and Bayer, amongst many others. Malcolm joins Starpharma in August in the role of VP Business Development and will be supporting and enhancing Starpharma’s already successful partnering activities and programs.
Malcolm returns to Australia from the UK where as Hospira’s Business Development Director, Europe Middle East and Africa (EMEA), he was responsible for growing the global and EMEA business through an ambitious plan of targeted acquisitions and licensing activities. There he led negotiations and due diligence for a significant number of license agreements and transactions including Hospira’s recent ~A$135M deal with Chemgenex for rights to Omacetaxine, a proprietary oncology product.
Dr Jackie Fairley, Chief Executive Officer of Starpharma, welcomed Malcolm to the executive team: “We are delighted to have Malcolm join Starpharma at this exciting stage of the company’s development. His contribution will further enhance our already highly successful partnering activities in drug delivery, VivaGel®, in vitro diagnostics (IVD) and agrochemicals. Malcolm’s international industry networks and experience will be a great asset in securing further commercial agreements and with this additional business development resource, Starpharma will significantly boost its commercial development capabilities.”
Starpharma has established a successful business model of partnering with market-leading companies to maximise the value of its dendrimer platform in a range of industries and applications. The company has a growing list of major companies that are actively exploring the use of Starpharma’s proprietary dendrimer technology to enhance the performance their pharmaceutical products, including Lilly, GSK, and in animal health, Elanco.
The company also has established commercial relationships with leading companies, such as SSL International plc, Siemens Healthcare, and EMD Merck KgA for other applications of its proprietary dendrimer technology.
