TxCell SA (FR0010127662 - TXCL), a biotechnology company developing innovative, personalized cell immunotherapies using regulatory T-cells to treat severe chronic inflammatory and autoimmune diseases, today announces it is strengthening its management team with the recruitment or the promotion of five new vice presidents in key functions.
These appointments bring a wealth of significant experience in leadership within the biopharmaceutical industry. They also bring a proven track record of success in cell therapy as well as wider areas of the life science sector, including microbiology, cell physiology, immunotherapy and genetic vectorization. These appointments will add additional commercial business function support to TxCell including project management and business development.
TxCell completed a strategic review in October 2015, and decided to focus on its key strengths of research, clinical development and new partnerships. It will outsource all of its existing and future clinical and commercial manufacturing operations to contract manufacturing organizations (CMOs). In addition, TxCell has retained, as well as further strengthen its critical process development capabilities and GMP-proving activities with key recruitments and opening of a dedicated laboratory.
"TxCell has now entered a new stage of the development of the company, concentrating on discovery, research, clinical development and manufacturing process improvement. We have set ourselves very ambitious targets, including bringing at least three new products from our two platforms, including innovative Chimeric Antigen Receptor (CAR)-engineered Treg cell products, to clinical development within five years," said Stephane Boissel, CEO, TxCell. "As a result, TxCell has made five new senior management appointments. The combination of these appointments gives us an additional depth and breadth of leadership experience to further speed up development of our products in line with our targets."
