He will be responsible for development, manufacturing and quality management. In his career, Dr. Otto has overseen all stages of the biopharmaceutical value chain. As a strategy consultant, he has successfully led major realignments at leading industrial companies. Dr. Otto succeeds Thomas Siklosi (66) who will move to the Dr. Rentschler Holding GmbH & Co. KG in February 2018.

“We are very pleased to welcome Dr. Otto to the management team of Rentschler Biopharma SE. In our industry, Dr. Otto has an excellent reputation as a thought leader and proven his expertise in strategy and corporate management. He combines extensive experience in biopharmaceutical manufacturing, outstanding industry knowledge and a substantial international network. We are looking forward to Dr. Otto’s proficiency, his ideas and his personality,” explained Prof. Dr. Nikolaus F. Rentschler, Chairman of the Supervisory Board of Rentschler Biopharma SE. “I would like to thank Thomas Siklosi for his longstanding, constructive and valuable contributions to the success of the Company.”

Dr. Frank Mathias, CEO of Rentschler Biopharma SE, added: “Dr. Otto joins Rentschler Biopharma at a time of important strategic course-setting and dynamic growth. With his extensive experience, Dr. Otto is a great asset for the Company and an ideal addition to the management team."