“I’m very excited to be joining a company that is committed to innovation," said Etgar Levy-Nissenbaum. "I look forward to working with Lycored’s outstanding team of professionals and strive to build and strengthen the company’s reputation and capabilities. I hope my scientific background and industrial experience will help Lycored continue to make a difference as it seeks to cultivate wellness.”


Before joining Lycored, Levy-Nissenbaum served in numerous global R&D management positions. Most recently, he was responsible for new technologies application at Teva Pharmaceuticals Global R&D, and prior to that he led R&D at BioLineRx. He will now manage Lycored’s R&D teams, whose activities cover extraction, formulation, microencapsulation, fermentation, and the development of new active ingredients.


“We’re delighted to welcome Etgar to the Lycored team," said Lycored CEO Rony Patishi-Chillim. "With his experience, knowledge and skills, I’m confident he will make a major contribution to Lycored’s continuing success that has been built on innovation.”


Levy-Nissenbaum gained his post-doctoral training at MIT and Harvard Medical School in the fields of drug development and controlled release of cancer treatment drugs, and holds a Ph.D in human genetics & molecular medicine from Sackler Faculty of Medicine, Tel-Aviv University.
In his new role he will bring to bear his experience in development and commercialization of new drugs and medical devices, alongside scouting and implementation of new technologies. In addition, he will be a member of Lycored’s scientific forum, which includes internal and external experts.