Rawadi named CEO of LNC Therapeutics


LNC Therapeutics said April 17 that it appointed Dr. Georges Rawadi as its new CEO. Rawadi was previously vice president of business development & intellectual property and a member of the management team at Celyad.

PRESS RELEASE

Bordeaux (France), April 17, 2018 – LNC Therapeutics, a French biotech company specialized inresearch and development for gut microbiome-based drugs, today announces the appointmentof Dr. Georges Rawadi as its new CEO.

Jean-Luc Treillou, his predecessor, will become Chairman of the Board of Directors as of July 1st.

 

A health biotechnology specialist to drive LNC Therapeutics’ vision

 

Prior to joining LNC Therapeutics, Georges Rawadi, formerly a researcher atInstitut Pasteur, was Vice President of Business Development & Intellectual Property and a member of the management team at Celyad. Previously, he successfully held various business development positions at Cellectis, Galapagos, ProStrakan and Sanofi-Aventis and led strategic alliance development consulting assignments.

He holds a Ph.D. in Microbiology from Pierre and Marie Curie University (France) and a Master’s degree in Management and Strategy in the Health Industry from ESSEC Business School.

 

 

 

An ambitious strategy: beyond obesity and cardiometabolic diseases

LNC Therapeutics’ main objective is to develop new drug candidates with a mechanism of actionbased on microbiome interaction with gut. Targeted therapeutic indications are pathologies caused by metabolic or immune system deregulation.

 

“The innovations resulting from our understanding of the microbiome are still in their infancy, and I am very proud to lead LNC Therapeutics’ ambitions in this field,” says Dr. Rawadi.”Everything that has been accomplished so far, the result of collaborative work led by Sandrine Claus and the founding team, is a solid basis for exploring new ways of developing breakthrough therapies based on gut microbiome mechanisms. While the treatment of obesity and cardiometabolic diseases remain our first indications, we are now convinced that our work will enable us to expand to other therapeutic areas, and particularly towards severe diseases that still have no or limited effective treatment.”

 

Jean-Luc Treillou, former CEO and future Chairman of LNC Therapeutics explains, “With thearrival of Sandrine Claus and her scientific expertise, LNC has strengthened its research and development programs, and I am convinced that Georges Rawadi’s leadership will enhance the company’s ability to build partnerships and drive international ambitions. For my part, I will continue to support the new management team, focusing on the strategic components.”

“LNC Therapeutics, one of the very promising companies in our microbiome portfolio, is now at a strategic stage in its evolution and is accelerating its development. Georges Rawadi is the right person to lead a very ambitious team and drive the various programs and clinical developments,” adds Isabelle de Crémoux, CEO of Seventure Partners and founder of Health for Life Capital, LNC Therapeutics’ lead investor.

 

About LNC Therapeutics

Founded in 2010, LNC Therapeutics is a French biotech company specialized in research & developmentfor gut microbiome-based drugs. All of the company’s projects include basic research, preclinical research and clinical trials.

Backed by leading venture capital investors such as Seventure Partners (with the microbiome-dedicated vehicle Health for Life Capital) and Family Offices, the company cultivates worldwide collaborations with renowned medical experts to ensure the highest level of standards in the development of innovative drugs.

With a total of €16.5 million raised so far including €1.5 million in grants from BPIfrance and the Aquitaine Region, LNC Therapeutics is pursuing its ambitious research and development programs to create the therapies of the future.

For more information:  www.lnctherapeutics.com – Follow us on Twitter @LNCTherapeutics

 

 

 

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