The board of Therapeutic Proteins International (TPI) today announced the appointment of Peter F. Moesta, Ph.D. as its new chief executive officer, effective November 2, 2015. Dr. Moesta will also serve on the company’s board.
Dr. Moesta has more than 30 years of experience in the biopharmaceutical industry, most recently as the senior vice president for biologics development and operations at Bristol-Myers Squibb. He oversaw the development, production and worldwide launch of important medicines, such as Yervoy and Opdivo. Dr. Moesta led the rapid expansion of development and manufacturing facilities around the world. Previous to this role, he held various leadership positions at Abbott Laboratories and BASF AG. As the vice president for the biologics manufacturing division at Abbott, he led the CMC effort to obtain approval for Humira.
“I am pleased to welcome Dr. Peter Moesta as our new chief executive officer," said Dr. Sarfaraz Niazi, Chairman of TPI. “Peter brings a breadth of knowledge and expertise in biologics development and production to lead the organization, as we prepare to launch new biosimilars in the next few years.”
“I share the passion of TPI in providing high quality, affordable alternatives to branded biologics and making a difference in patients’ lives,” said Dr. Moesta. “I look forward to leading TPI with its team of scientists and engineers, who are recognized for their exceptional capabilities and experience.”
Dr. Moesta received his master’s degree in chemistry and his doctoral degree in biochemistry from the University of Freiburg in Germany. He completed his postdoctoral fellowships at the University of Freiburg and University of California, Los Angeles.
About Adello Biologics, LLC
Adello is a privately held, U.S.-based biotechnology company that leads with science to accelerate development and drive manufacturing efficiency. The company’s aim is to provide high-quality, affordable biosimilars to patients worldwide. Headquartered in Piscataway, NJ and driven by a team of highly skilled industry veterans, Adello is advancing a strategic pipeline of proteins and complex monoclonal antibodies with lead candidates in oncology and immunology. For more information, visit Adellobio.com.
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Source: Adello Biologics, LLC