Changes at Arix Bioscience
Arix Bioscience, a healthcare and life science company, today announces planned changes to its executive team to prepare for its next phase of growth and development. Dr Joe Anderson, who has served as Chief Executive Officer of Arix since its inception in 2016, will transition to Chief Investment Officer. He will continue to Chair the Investment Committee and as of today, September 4 2018, will step down from the Board of Arix. Executive Chairman of Arix, Jonathan Peacock, will assume corporate and operating responsibilities and, working closely with the Board of Arix, will lead the process of recruiting a Chief Executive Officer.
Dr Joe Anderson commented: From the inception of Arix, the goal was to build a listed life-sciences group investing in and supporting innovative young companies. The build stage of Arix has substantively been completed, and now offers access to a growing portfolio of highly innovative, fast-developing life-science companies, hitherto largely only available to private equity investors. Arixs core business is in good shape and strongly positioned to deliver growth. As Arix develops a strategy for its next phase of growth, it is appropriate to develop the leadership structure. I look forward to focusing more on investment, company building and helping to drive continued value creation.
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