Cobra Biologics’ Expansion Continues

Three non-executive directors and two business development managers join to help expand the Company’s growing manufacturing business

14-Feb-2012 - United Kingdom

Cobra Biologics announced the appointment of three non-executive directors to Cobra Biologics’ board, and two business development managers tasked with driving continued growth in Europe and North America.

As part of Cobra Biologics’ strategy for sustained expansion, the Group has increased the size of its business development team with the appointment of Sharon Brownlow and Patrick Lansky. Sharon was previously UK Sales and Marketing Manager for market-leading independent bioreactor manufacturer, Applikon Biotechnology. She brings 15 years of experience in up and downstream processing sales and a strong scientific background in protein biochemistry. Patrick has worked in the biotech industry for the last 16 years. He started his career working with Idec Pharmaceuticals and has spent the last 11 years working in sales, with the four of those years in the CMO business.

The appointment of three non-executive directors, Elisabeth Lindner, Professor Carl Johan Sundberg and Jinyue Wang, further reinforces the business acumen across the Cobra Biologics’ board. They provide a wealth of both local and international technical and commercial expertise that will be invaluable in facilitating the expanding business.

Elisabeth Lindner (MSc, MBA) lives in Stockholm, Sweden and is a member of the Royal Swedish Academy of Engineering Sciences. In addition to being a Cobra Biologics board member, she is Chairman and CEO of Biosource Europe AB and a board member of BioInvent International AB, KaroBio AB and Pharmalink AB. Elisabeth has significant senior management experience with Pharmacia Corporation, Octapharma AB and Diamyd Medical AB.

Professor Carl Johan Sundberg (MD, PhD) is a licensed physician and associate professor at the Department of Physiology & Pharmacology at Karolinska Institute in Stockholm, Sweden. Carl Johan co-founded the Karolinska Investment Fund, a €60m biomedical VC fund where he worked from 1999 to 2009 as investment manager. He also heads the Unit for Bio-entrepreneurship at Karolinska Institute and is a member of the International Olympic Committee´s Medical Commission, vice-president of Euroscience, and elected member of the Royal Swedish Academy of Engineering Sciences (IVA). Additionally, Carl Johan has also served as a member and or chairman of a plethora of academic and industry boards.

Jinyue Wang (MSc) lives in Beijing, China where he is the founder and managing Partner of 3N Partners - an investment partnership which is focused on life- science/clean-tech VC investment - as well as a specialist M&A advisor to the pharmaceutical sector. Prior to his current role, he founded and headed DSM Venturing in China. Jinyue brings considerable experience of the Chinese healthcare industry having worked for Roche, DSM and the Chinese central government since 1996. During his career he has reviewed more than 800 deals, completed more than 50 due diligences and closed 12 deals.

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