Fabrice Egros has Been Appointed COO, Pharmaceutical Director and Board Member of NovaMedica, a Novel Pharmaceutical Company
NovaMedica is a new pharmaceutical company, established as an integral part of the $760 million USD collaboration between the Russian
high-technology investment fund RUSNANO and the American health care venture fund Domain Associates LLC.
Fabrice Egros was appointed as COO, Pharmaceutical Director and board member of NovaMedica, a novel Russian pharmaceutical company, which was established within the frameworks of the joint project between RUSNANO and the American venture fund Domain Associates.
The partnership involves joint investment in advanced medical technologies and late stage innovative drugs for their development, manufacture and commercialization, including the creation of a GMP production facility in Russia.
Mr. Egros has more than 20 years of international experience of work in the pharmaceutical industry. Prior to coming to NovaMedica he held managerial positions at Xanodyne, UCB (in Belgium, the USA and Japan). Fabrice also worked in others pharmaceutical companies, as
“We have set ourselves the
“Now I see my top priority in the creation of a great team of globally experienced life sciences industry talents from R&D, CMC, regulatory, business development, marketing and sales, to create the next generation life science company in Russia,” said F. Egros.
Source: Herald Online, November 12, 2012
RUSNANO was established in March 2011 as an open joint stock company through the reorganization of the state corporation Russian Corporation of Nanotechnologies. RUSNANO’s mission is to develop the Russian nanotechnology industry through co-investment in nanotechnology projects with substantial economic potential or social benefit. The Government of the Russian Federation owns 100 percent of the shares in RUSNANO.
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Founded in 1985, Domain Associates LLC is a venture capital firm with an exclusive focus on life sciences. With $2.4 billion of capital under management, Domain is headquartered in Princeton, NJ with a second office in San Diego, CA. Domain’s three major investment segments are pharmaceuticals, specialty pharmaceuticals, and medical devices, while additional areas of interest include biomaterials, bioinstrumentation, and diagnostics.