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Agreements

Date: 2016-10-10

Type of information: Resignation

Compound:

Company: Bone Therapeutics (Belgium)

Therapeutic area: Bone diseases - Regenerative medicine

Type agreement:

resignation

Action mechanism:

Disease:

Details:

* On October 11, 2016, Bone Therapeutics announced that Enrico Bastianelli has informed the Board of his intention to stand down as Chief Executive Officer after 10 years in the role for personal reasons. Thomas Lienard, the current Chief Business Officer, will become Interim CEO of the Company, working closely with Wim Goemaere, Chief Financial Officer, and the rest of the management team. Mr Bastianelli will continue to support the Company through a period of transition. Thomas Lienard (40) joined Bone Therapeutics as CBO in November 2015 with extensive international sales and marketing experience. Prior to joining Bone Therapeutics, Mr Lienard worked at Lundbeck and Eli Lilly and Co. Mr Lienard started his career as a consultant at McKinsey & Company.

Michel Helbig de Balzac, Chairman of Bone Therapeutics, commented: "Enrico has made a huge contribution to Bone Therapeutics over the past decade. He played an important role in its foundation and in making the Company a leader in the development of innovative cell products for high unmet medical needs in orthopaedics and bone diseases. Under Enrico’s leadership, Bone Therapeutics achieved a successful initial public offering in 2015 which raised € 37 million and he has overseen the clinical development and regulatory and commercial planning for the Company’s two first-in-class products, PREOB® and ALLOB®. The Board wishes to express its gratitude to Enrico for his outstanding contribution.”

 

 

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Is general: Yes