ImmuPharma PLC (LSE:IMM) has appointed veteran investment professional Ketan Patel as an independent Non-Executive Director, effective immediately. The move comes as the specialist drug discovery and development company looks to advance strategic partnerships and broaden its institutional investor base.
Patel brings more than two decades of financial market experience, with a strong focus on the UK healthcare and life sciences sectors. He began his career at J.P. Morgan before joining Insight Investment as a global pharmaceutical and healthcare analyst. He later spent over 20 years at EdenTree Investment Management, where he led UK and global equity income strategies and consistently delivered top-quartile performance.
Known for combining in-depth fundamental analysis with risk-focused investment strategies, Patel is also a recognized thought leader on sustainability and thematic investing. He holds a CFA charter and advanced degrees from London School of Economics, King’s College London, and Queen Mary University of London.
Tim McCarthy, Chief Executive Officer of ImmuPharma, said: “We are extremely pleased to welcome Ketan to our Board. His extensive expertise in the global pharmaceutical and life science sectors and strong investment acumen will be invaluable to ImmuPharma. Importantly, Ketan’s appointment, at this time, brings a unique perspective to the Board, as we concentrate on future strategic partnerships and commercial deals across our product portfolio and in particular, our lead auto-immune platform technology, P140. In addition, Ketan’s investment management experience will greatly assist us in expanding our institutional shareholder base.”
Patel added: “After nearly three decades of investing in mid and small cap UK companies with a focus on healthcare and life science, I am delighted to be joining the ImmuPharma team at this pivotal stage of their journey and look forward to contributing to the future success of the business.”
The appointment underscores ImmuPharma’s strategic push to enhance its leadership bench as it advances its pipeline and explores new commercial opportunities in the autoimmune and rare disease space.
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