BioGeneration Ventures B.V.. (11/8/22). "Press Release: BGV Appoints Elena Ritsou as Venture Partner and Andree Blaukat as Senior Advisor". Amsterdam.

	Organisation	BioGeneration Ventures B.V. (BGV)
	Organisation 2	Merck KGaA
	Group	Merck (DE) (Group)
	Product	venture capital
	Product 2	LIFE SCIENCES
	Person	Ritsou, Elena (VectorY 202211– COO + BioGeneration Ventures 202211– Venture Partner before GammaDelta Tx + Ipsen)
	Person 2	Blaukat, Andree (Merck (DE) 201312 Head Translational Innovation Platform Oncology at Merck Serono)

BioGeneration Ventures (“BGV”), a leading early-stage VC in European biopharma, today announces the appointments of Dr. Elena Ritsou as Venture Partner and Dr. Andree Blaukat as Senior Advisor, further expanding its team, network and expertise in company creation and building.

Dr. Ritsou brings 20 years of experience in Corporate and Business Development in pharmaceutical and biotech companies, most recently as the Chief Business Officer of Gamma Delta Therapeutics leading its acquisition by Takeda in Q2 2022. Prior to Gamma Delta, Elena was Global Head Oncology Business Development at Ipsen Pharma where she was instrumental on late and early-stage transactions and acquisitions. Earlier in her career she held Business Development roles of increasing responsibility at Sanofi and Genzyme. Elena holds a BSc in Immunology from the University of Edinburgh, UK, a Masters in Finance from the HEC in Paris, France, and a PhD from the German Cancer Research Center (DKFZ) in Heidelberg, Germany. On joining BGV she will work with the team on deal flow selection and due diligence. Elena has assumed the role of the Chief Corporate Officer at BGV portfolio company VectorY and will take up other board positions and advisory roles at BGV portfolio companies in due course.

Dr. Blaukat brings extensive experience to several advisory boards for academic institutions and biotech companies. He worked at Merck KGaA for more than two decades, leading several oncology and immuno-oncology teams. Under his leadership at Merck, several drug candidates were successfully discovered and developed, key strategic collaborations and licensing deals were executed, and the core focus areas of the company were established, in precision oncology, DNA damage response and antibody-drug conjugates. He obtained his Ph.D. in biochemistry from the Universities of Mainz & Darmstadt, Germany in 1997, and was a Postdoctoral Fellow at the Ludwig Institute for Cancer Research in Uppsala, Sweden. He has published more than 60 scientific manuscripts and book chapters and has more than 30 patents.

Dr. Andree Blaukat, newly appointed Senior Advisor at BGV added: “BGV has one of the leading most experienced early-stage life sciences venture teams in Europe. With its wide range of resources and network, I look forward to working with the team to deliver meaningful investments by imparting our knowledge and expertise into promising early-stage companies.”

Dr. Elena Ritsou, newly appointed Venture Partner at BGV commented: “Europe has been particularly strong in life sciences innovation and the industry is expanding and maturing fast. It is an exciting time to become part of the BGV team and I am keen to apply my experience to support the creation and growth of the company’s portfolio of early-stage life science businesses.”

Edward Van Wezel, Managing Partner at BGV noted: “Both Elena and Andree are experienced leaders in the life sciences industry. We are delighted to welcome them to the team and look forward to putting their expertise to use to accelerate BGV’s strategy of supporting companies that focus on areas of high unmet medical need.”

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For more information please contact:

Media Enquiries
Laura Asbjornsen, Head of Communications
Email: laura@biogeneration.vc
Tel: +31 (0)35 699 30 00

Consilium Strategic Communications
Ashley Tapp, Sue Charles
Email: bgv@consilium-comms.com
Tel: +44 (0)20 3709 5700

About BGV

BioGeneration Ventures (BGV) is a venture capital company, with a focus on early-stage European biotech companies. With a strong track record of significant financial returns through its investments in healthcare innovations and providing the expertise to build world-class companies, BGV manages over EUR 250 million of funds and invests in areas where true scientific innovations, unmet medical needs, and the potential to demonstrate a significant proof of concept all converge. BGV strives to work with founding teams to progress science and build successful companies and uses its experience to guide progress into clinical trials, leading to successful drug development and value realization for its investors. BGV applies its expertise in a rigorous process to select the most compelling opportunities with the best prospects for exit. The Company is based in Naarden, The Netherlands. For more information, please visit: http://www.biogenerationventures.com.

Record changed: 2024-01-06