Ottimo Pharma launches under former Seagen chief exec

28 October 2024

Ottimo Pharma, a biotech founded by Medicxi in 2020, has emerged from stealth mode with an executive team packed with prominent industry leaders.

Heading the company is David Epstein, former Seagen chief executive, who joins as chairman and chief executive. Under his leadership, Seagen was acquired by Pfizer (NYSE: PFE) last year for $43 billion.

In his new role, Mr Epstein is supported by Mehdi Shahidi, former chief medical officer of Boehringer Ingelheim, as head of development and CMO, and James Sabry, chief business officer at BioMarin (Nasdaq: BMRN), who now serves as vice-chair on Ottimo’s board. Sabry previously led Roche Pharma Partnering.

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