ABVC BioPharma, Inc (ABVC) Announces New CEO as It Targets Further Growth
ABVC BioPharma, Inc. (ABVC), a clinical-stage biopharmaceutical company developing therapeutic solutions in oncology/hematology, CNS, and ophthalmology, today announced the appointment of Dr. Uttam Yashwant Patil (Dr. Uttam) as the new Chief Executive Officer (CEO).
Dr. Uttam is very familiar with ABVC and their subsidiaries, because of his role as Chief Operating Officer & Chief Scientific Officer of BioKey, Inc., a GMP-certified facility owned by ABVC that provides its clients with integrated pharmaceutical services, including early-phase product development, formulation development, analytical development & drug product manufacturing. He is also the R&D Manager for an ABVC collaborative program, committed to developing new plant-based drugs and combination cancer therapies to provide better medical assistance for improving the patient’s quality of life. This background and experience give ABVC solid leadership in plant-based therapeutics. Dr. Uttam’s employment with ABVC began on June 23, 2023.
“I’m elated and feel honored to lead ABVC through its next growth phase,” said Dr. Uttam. “Our great business model and experienced advisory team uniquely positioned us to capitalize on our drug development platform. As ABVC evolves through restructuring and consolidation, we can provide efficacious therapeutics and improve patient outcomes. The network of leading financial advisors I have grown over the years will be an essential asset to utilize once I take the position.” The Company is looking to rejuvenate its development and executive team while still benefiting from the support of its experienced scientific advisory team.
The Board of ABVC BioPharma, Inc., positively said, “We are delighted to welcome Dr. Uttam as our new Chief Executive Officer. His track record of strong leadership, combined with his deep operational knowledge and relationships with financial institutions, makes Dr. Uttam uniquely qualified to lead ABVC into its next phase of global growth.” The Board of Directors further stated, “Dr. Uttam has exceptional strategic capabilities, an international network, proven operational effectiveness, and strong background in fundraising. The Board looks forward to realizing his potential in delivering long-term growth and value for all its stakeholders.”
This story originally appeared on Investing
