Inceptua names new CEO, adds to board of directors

Inceptua, a pharmaceutical company and service partner in comparator sourcing for clinical trials, through early access programs to licensing and commercialization of products, said Wednesday that Stefan Fraenkel, Executive Vice President, and Member of the Executive Leadership Team, is promoted to CEO effective 1 January, 2020.

Since 2017 Stefan has been leading the creation of one of the company’s three business units, Inceptua Pharma.

Stefan Fraenkel said he looks forward to working closely with all parts of the company to further develop Inceptua and help realize its ambition to be a global partner of choice for providing critical treatments to patients in need.

Chairman of the Board, Peter Krantz, said that Fraenkel is an accomplished executive with a strong industry background focusing on commercial deal making, global marketing and sales, and corporate development.

Stefan holds an MBA and a Ph.D. in international economics and came to Inceptua from Swedish Orphan Biovitrum AB (publ) (Sobi™) where he until 2017 served as Head of Corporate Development and held senior management positions in marketing and sales. Prior to Sobi, Stefan worked at Wyeth/Pfizer where he held various international commercial leadership positions in Europe and in the USA.

Alan Raffensperger Joins the Board of Directors
In parallel with the appointment of a new CEO, Inceptua announces that Alan Raffensperger will join the Board of Directors as Executive Vice-Chairman:

“As we are growing our company there is a need to further formalize our Board structure. As such we are delighted to announce that Alan Raffensperger will join the Inceptua Board of Directors. During his tenure as CEO, Alan has successfully led Inceptua to where we are today – strongly positioned as a pharmaceutical company and leading service partner spanning throughout the product lifecycle. Over the past two years we have diversified our clinical trial services business, accelerated our early access program portfolio, and firmly established Inceptua Pharma. Alan will continue to play an active role in support of our business,” said Krantz.