EUCODIS Bioscience Appoints Thomas Fischer as New CEO

08-Dec-2009 - Austria

EUCODIS Bioscience announced that it has appointed Mr Thomas Fischer, currently CFO, as new CEO of the Company. Going forward, EUCODIS Bioscience’ sole focus will be to provide high-performance enzymes to customers, capitalizing on the Company’s experience in commercial enzyme development and on its proven technology of “in vivo recombination”.

In line with this move EUCODIS Bioscience will spin out its French research subsidiary in a management buy-in lead by Rudy Pandjaitan, PhD, previously CEO of EUCODIS Bioscience. Dr. Pandjaitan will acquire a majority stake in the new entity. Under his leadership the new entity will develop next-generation applications of “in vivo recombination”. EUCODIS Bioscience will retain a strategic share in its former subsidiary.

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