PolyPid Ltd. announced that Jacob Harel has been appointed as Chairman of the company's Board of Directors, following his recent election as a director by the company's shareholders. Mr. Harel is the founder and president of the Harel Group, a business development Advisory firm supporting international transactions in the global pharmaceutical industry. Prior to founding the Harel Group, Mr. Harel spent more than 27 years at Merck & Co. Inc. in leadership roles in sales, marketing and business development, most recently as Executive Director and Head of Corporate Business Development, leading and overseeing the negotiation and execution of key enterprise transactions, including joint ventures, divestitures, commercial collaborations, and licensing and distribution agreements.