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Moderna’s outgoing Israeli chief medical officer joins TEVA board

CM 27/08/2021


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Dr. Tal Zaks, the outgoing chief medical officer of Moderna, Inc., was elected to the Teva board of directors effective October 1. He will serve on the board’s science and technology committee. 
Zaks, 56, has been serving as Moderna’s CMO since 2015. He announced his departure from the company earlier this year and will continue to serve as a special advisor to Moderna CEO Stéphane Bancel until September. 
He was replaced by former Johnson & Johnson executive Dr. Paul Burton.

Zak’s salary will be the same as other non-executive directors, as declared to the US Securities and Exchange Committee in April 2020.
The Israeli scientist, who graduated from Ben-Gurion University of the Negev, still has family in Israel, including his elderly mother who lives in Ra’anana. 
A building belonging to generic drug producer Teva, Israel's largest company with a market value of about $57 billion, is seen in Jerusalem (credit: REUTERS/BAZ RATNER)A building belonging to generic drug producer Teva, Israel’s largest company with a market value of about $57 billion, is seen in Jerusalem (credit: REUTERS/BAZ RATNER)
He played a strategic role in securing Israel’s original contract with Moderna for 2 million vaccine doses, which it later expanded to 6 million after the company applied for emergency authorization from the US Food & Drug Administration and the European Medicines Agency, which it subsequently received. In April, Israel purchased another 17 million doses from the company.
On Wednesday, Moderna announced that it had applied for full FDA Approval.

Source: Jerusalem Post

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CM

The host of Coffee Mouth Scare Crow Show and CEO of 452 Impact, Inc. Here is food for thought. Romans 6:23 "For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord." John 3:16 "For God so love ed the world that he gave his only begotten Son, that whosoever believeth in Him shall be saved."

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