DEINOVE : strenghtens its Business development team to deploy its partnering strategy

• Hervé Ansanay, PhD, former Technology transfer and Business Development Director of the SATT AxLR of Montpellier, is appointed Business Development Director

• Corentin Chaboud, formerly European affairs and competitive financing officer of IRT BIOASTER, becomes Grant Officer of DEINOVE

DEINOVE (Euronext Growth Paris: ALDEI), a French biotech company pioneering the exploration and exploitation of bacterial biodiversity to address the urgent and global challenge of antimicrobial resistance, announces the strengthening of its Business Development team with the appointment of Hervé ANSANAY, as Director, and Corentin CHABOUD, as Grant Officer. These two recruitments will intensify the implementation of profitable strategic partnerships and the access to non-dilutive financing, to support the development of antimicrobial therapeutic solutions.

Alexis RIDEAU, CEO of DEINOVE explains:'These appointments are essential for DEINOVE as developing antimicrobials represents significant financial investments for a biotech company until licensing deals are made. Our first financial focus is to provide access to our biodiversity and know-how in non-therapeutic areas: this will allow our partners to develop new products of natural origin and for DEINOVE to strengthen its financial position. Our second priority is to take advantage of the antimicrobial development incentives set up by numerous international institutions. These represent a significant source of non-dilutive and/or participative financing but require in-depth knowledge of the systems involved and sustained efforts to secure the corresponding funding.'

Hervé ANSANAY, PhD, brings 20 years' experience in accompanying innovative companies and in technology transfer. He was previously Technology Transfer and Business Development Director of the SATT AxLR of Montpellier, where he also held the position of Chief Operating Officer. Between 2013 and 2015, he was Business Developer at the SATT Nord. After his PhD and his postdoc in biochemistry and molecular biology, Hervé spent over 10 years as R&D Project Manager at Cisbio Bioassays, where he was in charge of market-driven developments.

Corentin CHABOUD has 10 years' experience in development and implementation of partnership policies and R&D project financing at the French Ministry for Europe and Foreign Affairs, the INSERM (French National Institute of Health and Medical Research), the INRAE (French National Research Institute for Agriculture, Food and Environment), and from 2015 to 2020 at BIOASTER (Technology Research Institute in Microbiology). Corentin holds degrees from Sciences Po Toulouse and the ESSEC business school.