Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Promethera(R)Biosciences welcomes Frank Hazevoets as chief financial officer  Join our daily free Newsletter

MENAFN Press - 13/05/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN Press) Promethera(R) Biosciences, an innovative orphan drug therapy company that develops stem cell therapies for the treatment of liver diseases, today announces that Frank Hazevoets has joined the company to lead its finance and administration team. Frank joined Promethera Biosciences SA on May 1, 2014 as chief financial officer (CFO). He will be based at the head office in Mont-Saint-Guibert, Belgium.

Frank Hazevoets is a highly experienced senior financial executive with over twenty five years international business experience. He trained at the Catholic University of Leuven (KUL) in Belgium as a commercial engineer and also obtained a masters degree in Artificial Intelligence and Cognitive Science. He has worked in leading positions in corporate finance and investment banking, strategy and business development. During his six years as CFO at Tigenix, he supported the company in its funding and growth strategy and helped them to obtain the first European marketing authorization for cell-based medicinal products in Europe.

"We are delighted that Frank is joining Promethera Biosciences as CFO," said Eric Halioua, chief executive officer. "He is going to play a key role in assisting our future development. Frank Hazevoets has the experience and expertise to strengthen the management team and to prepare the next strategic options at Promethera Biosciences. He will build the finance department to further support the future growth of Promethera(R)."

"I am really looking forward to working with the experienced team at Promethera and to sharing my expertise with them," said Frank Hazevoets, chief financial officer of Promethera Biosciences. "This company has the potential to become one of the leading orphan drug companies in the world. Many patients will benefit from their lead in developing and commercializing innovative cell and orphan therapy products based on propriary technologies."


About Promethera Biosciences:

Promethera Biosciences is a pharmaceutical company that develops innovative therapies for the treatment of orphan liver diseases. It is currently developing two products based on human liver progenitor cells:

Promethera(R) HepaStem is a cell therapy product based on the use of allogeneic stem cells isolated from healthy adult human livers (Heterologous Human Adult Liver Progenitor Cells, HHALPC). These cells can be used to treat a wide variety of liver diseases, from rare inborn metabolic diseases (which can be classified as 'orphan diseases' and mainly affecting children), to acquired deficiencies affecting adults, such as acute-on chronic liver diseases or liver fibrosis. HepaStem is currently tested in phase I/II clinical trial in Europe and Israel for the treatment of two orphan indications.

Promethera(R) H2Screen and H3Screen is a non-therapeutic in vitro product, based on a recently discovered and patented liver progenitor cell type, isolated from healthy adult human livers. This novel biotechnology tool is designed for early preclinical pharmaco-toxicological evaluation of drug candidates and new chemical entities.

Promethera Biosciences is a spin-off of the Universite Catholique de Louvain (UCL), founded in 2009. The company emerged from the lab of Professor Etienne Sokal, a leading expert in pediatric liver disease and cell. Promethera Biosciences is located in Mont-Saint-Guibert (Belgium).

Since its creation in 2009, Promethera Biosciences has raised EUR 34 million in two financial rounds, in capital, grants and loans from the Walloon Region. The main investors are Vesalius Biocapital, Mitsui Global Investment, BI Venture Fund, Shire and SRIW.

Promethera Biosciences has 47 employees led by an experienced management team.

For more information, please visit http://www.promethera.com
MENAFN1305201400702010ID1093833511


About Promethera(R)
Promethera(R)

 


MENAFN Press




  MENA News Headlines
 Jan 23 2017 - Kuwait- Lazam wins 19th Camel Racing competitionArab Times
(MENAFN - Arab Times) Owner of the winning camel receives the trophy from the organisers The camel Lezam belonging to Hadi Al-Hajri won the trophy of the 19th Camel Racing Competition organized ...

 Jan 23 2017 - Kuwait- KFA organizes Crown Prince Prize distribution ceremonyArab Times
(MENAFN - Arab Times) Crown Prince Cup champions Al-Kuwait with other teams and organizers of the ceremony. Kuwait Football Association (KFA) recently organized the Crown Prince Prize ...

 Jan 23 2017 - Kuwait's Burabea shows his 'class'Arab Times
(MENAFN - Arab Times) Kuwaiti jet skier Mohammad Burabea with other winners on the podium. KUWAIT CITY, Jan 22: Kuwaiti jet skier and current champion who represented the Sea Club Team at the ...

 Jan 23 2017 - Custodian of the Two Holy Mosques receives Counterterrorism Coordinator in European UnionSaudi Press Agency
(MENAFN - Saudi Press Agency) Riyadh, Rabi'II 25, 1438, January 23, 2017, SPA -- The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received at Al-Yamamah Palace here today ...

 Jan 23 2017 - Saudi- KAIA Customs thwart smuggling heroin, ShabuSaudi Press Agency
(MENAFN - Saudi Press Agency) Riyadh, Rabi'II 25, 1438, Jan 23, 2017, SPA -- Customs officers of Jeddah-based King Abdulaziz International Airport (KAIA) have foiled a smuggling attempt of an amount ...

 Jan 23 2017 - Oman named among top places to visit in 2017Muscat Daily
(MENAFN - Muscat Daily) Muscat- Oman was recently listed among the top ten destinations to visit in 2017 according to some of the leading publications and media channels across the world, including ...

 Jan 23 2017 - France 2017: Qatar eliminate Germany in last 16Daily News Egypt
(MENAFN - Daily News Egypt) Qatar saved their best handball for the end, completing their comeback against Germany with just over two minutes to go. Germany failed to advance to the World Cup ...

 Jan 23 2017 - Egypt- AFCON 2017: Gabon out as Burkina Faso, Cameroon advanceDaily News Egypt
(MENAFN - Daily News Egypt) Hosts Gabon could not make it out of the group stage of the African Cup of Nations with their third consecutive draw in the tournament. Burkina Faso soared to the top of ...

 Jan 23 2017 - Egypt only to qualify for Afcon 2017 quarterfinals in four casesDaily News Egypt
(MENAFN - Daily News Egypt) Egypt's national team can finally take a deep breath after their last-minute win against Uganda 1-0 on Saturday in their second group D game at the African Cup of Nations ...

 Jan 23 2017 - Frustration and disappointment: Egyptian independent theatrical troupes fight for their art to see the lightDaily News Egypt
(MENAFN - Daily News Egypt) In a country where theatre has always been one of the most important types of art that helped express the struggles and dreams of people's everyday lives, independent ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help