Indian manufacturing player Jubilant poaches top Novartis BD exec to run their new biotech startup in Yardley, PA
The Indian drug manufacturer and developer Jubilant Life Sciences is ramping up a new biotech company in Yardley, PA. And they’ve raided a longtime BD exec from Novartis to lead the “semi-virtual” biotech as they hatch new deals to build the pipeline.
Jubilant spread word today that Syed Kazmi is the new CEO at Jubilant Therapeutics, which has been given a slate of preclinical drugs for its pipeline. Those drugs include a dual epigenetic inhibitor of LSD1/HDAC6 for acute myeloid leukemia, a small molecule PD-L1 therapy with “comparable efficacy to large molecules and lower side effects,” and a small molecule PAD4 inhibitor with potential to treat multiple auto-immune disorders along with a PRMT5 inhibitor for lymphoma.
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