Strides Pharma arm appoints Mark W Womack as new CEO

Bengaluru: Stelis Biopharma Limited, biotech arm of Strides Pharma Science Limited, has recently announced the appointment of Mark W. Womack as the new Chief Executive Officer (CEO).

Mark is also the Managing Director (MD) designate and shall be inducted to the Board later subject to necessary statutory clearances and processes. As the Company's CEO and MD, Mark will provide strong leadership to drive an aggressive growth and profitability strategy for Stelis in its business streams that include global Contract Development and Manufacturing Organization (CDMO) services and the development of the Company's biosimilars pipeline, and integrated vaccines play.

He will be responsible for the Company's overall strategy and provide the necessary direction and dynamic leadership to R&D, manufacturing, business development, and commercial operations.

Commenting on the development, Arun Kumar, Founder, Strides Group, said, "We are delighted to onboard Mark as the new CEO of Stelis. Stelis stands on the cusp of a transition to become a globally recognized biopharmaceutical company while targeting significant growth in the coming years. Mark's strong background in commercial leadership, rich management consulting experience, and network within the biotech CDMO space make him exceptionally well suited to drive this transition for Stelis. We are confident that together Mark and his leadership team will take Stelis through the next level of growth, profitability and industry-leading reputation."