Catalent Appoints Corporate Development and Science Leaders to Drive Growth and Innovation

SOMERSET, N.J., Nov. 19, 2019 /PRNewswire-PRWeb/ -- Catalent, the leading global provider of advanced delivery technologies, development, and manufacturing solutions for drugs, biologics, gene therapies, and consumer health products, today announced it has appointed Mike Grippo as Senior Vice President, Strategy and Corporate Development. In this newly created role, Mr. Grippo will be responsible for identifying and evaluating organic and inorganic growth opportunities across Catalent that will drive long-term shareholder value. He will report to John Chiminski, Catalent's Chair and CEO.

Mr. Grippo joined Catalent as Vice President of Corporate Development in 2016, and in his new role will oversee the strategy and corporate development functions of the company, as well as Catalent's scientific team.

Alongside his appointment, Julien Meissonnier has been named as Vice President and Chief Scientific Officer, and will report to Mr. Grippo. In this new role, Mr. Meissonnier will join the executive leadership team, leading Catalent's new product development and technology innovation programs. He will also head up the company's scientific community and customer advisory partnerships to help improve formulation and adoption of drug delivery technologies. Mr. Meissonnier will continue to co-chair the Catalent Applied Drug Delivery Institute to leverage emerging new therapeutic modalities.

"Since our IPO in 2014, we have completed seven acquisitions and are expected to close the acquisition of an oral dose and biologics facility in Italy, from Bristol-Myers Squibb, before the end of the calendar year," commented John Chiminski. "The decisions to make strategic investments in areas such as biologics, gene therapy, and spray drying have been driven in large part by the work of our Corporate Development team, led by Mike Grippo in partnership with key leaders across the business." He added, "During his long career with Catalent, Julien has been instrumental in driving excellence across the R&D community, notably through the launch of the Scientific Resource Center serving the business's team of approximately 2,400 scientists and technicians. He will promote open innovation within the organization, and we welcome both to the executive leadership team."

Prior to joining Catalent, Mr. Grippo was Vice President of Corporate Development for CR Bard. Prior to CR Bard, he held a similar leadership role with Hill-Rom Holdings. Earlier in his career he also held positions with SG Cowen and UBS Securities. Mr. Grippo holds a bachelor's degree from Princeton University and earned an MBA in Finance from New York University.

Before his appointment as Vice President and Chief Scientific Officer, Mr. Meissonnier previously held the position of Vice President, Science and Technology, and before that led Catalent's European softgel R&D team. He holds an engineering degree in physico-chemistry from the ENSI in Caen, France.

About Catalent
Catalent is the leading global provider of advanced delivery technologies, development, and manufacturing solutions for drugs, biologics, gene therapies, and consumer health products. With over 85 years serving the industry, Catalent has proven expertise in bringing more customer products to market faster, enhancing product performance and ensuring reliable clinical and commercial product supply. Catalent employs nearly 13,000 people, including approximately 2,400 scientists and technicians, at more than 35 facilities, and in fiscal year 2019 generated over $2.5 billion in annual revenue. Catalent is headquartered in Somerset, New Jersey. For more information, visit http://www.catalent.com

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SOURCE Catalent

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