2013-03-21 10:03:56 -
Poxel S.A. /
Poxel Appoints Khoso Baluch to its Board of Directors
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Lyon, France, March 21, 2013, - Poxel SA today announced the appointment of
Khoso Baluch to its Board of Directors. Mr. Baluch will serve as an independent
director and will further strengthen the Board by providing additional business
strategy expertise on a worldwide basis. Khoso Baluch is senior vice president &
President European Region at UCB, the global biopharmaceutical company. Prior to
joining UCB, Khoso worked for Eli Lilly & Co for 24 years, holding international
positions spanning Europe, the Middle East and the United States
Management, Business Development, Market Access and Product leadership. Khoso
was appointed Vice President of U.S. Diabetes and Family Health Business unit
during his tenure at Lilly. He served as a Board Member of the Juvenile Diabetes
Research Foundation, Indiana Chapter, and was Chair of the nomination committee.
He also served at the American Diabetes Association National Industry Advisory
Board. Khoso is also a member of the World Federation of Advertisers (WFA)
Mr. Thierry Hercend, MD, PhD and chairman of the board, commented: "We are very
pleased to have Mr. Baluch serve on our board. With his long-standing,
international experience and know how in the pharmaceutical industry, especially
his deep expertise in the Type 2 diabetes space and his extensive network in the
diabetes community, Khoso will make a significant contribution to Poxel as it
moves forward over the coming years."
Khoso Baluch added: "I look forward to working with the Poxel team to further
enhance the value and the commercial opportunity of its lead program for
diabetes. Imeglimin, Poxel's very promising anti-diabetic product represents a
new treatment option for the rapidly growing needs of Type 2 diabetic patients.
I am excited to be a part of this novel therapy approach with a company
dedicated to helping diabetes patients achieve a better quality of life.
About Poxel SA
Poxel, founded in 2009, is a biopharmaceutical company developing innovative
first-in-class drugs, with a primary focus on Type 2 diabetes. The company
develops drug candidates to clinical proof-of-concept before seeking
pharmaceutical industry partners. Poxel was spun out from Merck Serono. It
operates independently as a lean organization with strong in-house drug
Poxel's product pipeline consists of several first-in-class Type 2 diabetes
products, including Imeglimin in Phase II development. Recently, Imeglimin has
also shown significant clinical benefits in Type 2 diabetes, when added to
sitagliptin. The Phase II study achieved the primary and secondary endpoints.
Previously, Imeglimin has shown incremental efficacy as an add-on therapy to
metformin, in patients inadequately controlled by monotherapy. In addition, a
direct activator of AMPK is in preclinical development for the treatment of Type
For more information, please visit www.poxel.com
Poxel SA MC Services AG
Mrs. Pascale Malgouyres Mr. Raimund Gabriel
Business Development and Marketing Director Managing Partner
Phone: +33 437 372 012 Phone: +49 89 2102 280
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