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Ali Alloueche to lead business strategy at Austrian biopharma Affiris

Former GSK and Novartis man Ali Alloueche will take over new chief business officer position established to deal with Affiris' growing pipeline of vaccines

Affiris has appointed Ali Alloueche, formerly of both GlaxoSmithKline (GSK) and Novartis, to fill its newly-created position of chief business officer.

The Austrian biopharmaceutical company said the role's creation was driven by its expanding pipeline of potential new vaccines for neurological disorders such as Alzheimer's disease.

Alloueche has several years of experience working in vaccine development for major pharmaceutical companies.

His most recent role was as head of external R&D at GlaxoSmithKline Biologicals in Belgium. While working for GSK he identified in-licensing opportunities for Alzheimer´s disease vaccine candidates produced by Affiris that resulted in a €430m deal for the Austrian company.

He has also worked as research director at Novartis Vaccines and Diagnostics in Italy and was head of translational medicine and scientific affairs at the company.

“The experience he has gained in senior positions at two top ten pharmaceutical companies is a valuable addition to Affiris´s in-house expertise,” said Walter Schmidt, Affiris' co-founder and CEO.

The company, which focuses its research on Alzheimer's and Parkinson's disease currently has four vaccine candidates in its pipeline. In his new role Alloueche will oversee Affiris' business activities, strategic alliances and partnerships.

Alloueche said: "Affiris is one of the most dynamic biopharmaceutical companies in Europe. The company´s focus on clinical programmes and its robust financial position offer great business opportunities."

6th December 2011

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