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Kamada Strengthens Senior Leadership Team; Furthering Commitment as a Fully Integrated Global Leader in the Specialty Plasma-Derived Therapeutics Market

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Kamada Ltd. (NASDAQ: KMDA) has promoted Shavit Beladev to Vice President of Plasma Operations and Boris Gorelik to Vice President of Business Development. Ms. Beladev, with over 20 years at Kamada, will manage the U.S. plasma collection expansion, while Mr. Gorelik will focus on business development and strategic partnerships. CEO Amir London emphasized these promotions align with the company's strategy to enhance its U.S. presence in specialty plasma therapeutics. Kamada is known for its diverse portfolio of FDA-approved plasma-derived products and ongoing clinical trials.

Positive
  • Promotions of Shavit Beladev and Boris Gorelik indicate strong leadership alignment with strategic growth.
  • Beladev's extensive experience in plasma operations may enhance operational efficiency.
  • Gorelik's background in business development could lead to new partnerships and growth opportunities.
Negative
  • None.

REHOVOT, Israel, and HOBOKEN, N.J., June 15, 2022 (GLOBE NEWSWIRE) -- Kamada Ltd. (NASDAQ & TASE: KMDA), a vertically integrated global biopharmaceutical company, focused on specialty plasma-derived therapeutics, announced today the promotions of Shavit Beladev to Vice President responsible for the Company's Plasma Operations, and Boris Gorelik to Vice President of Business Development and Strategic Programs, both reporting to Kamada's CEO, Amir London. Ms. Beladev will be responsible for the operations and expansion of Kamada Plasma, the Company’s wholly owned U.S.-based plasma collection subsidiary. Mr. Gorelik will be responsible for the advancement of existing and new business development opportunities, as well as managing Kamada’s existing strategic partner relationships.

“These important promotions reflect our strategy focused on expanding our presence in the U.S. as a vertically-integrated specialty plasma company, including plasma collection and commercialization of our recently expanded product portfolio,” said Amir London, Kamada’s Chief Executive Officer. “During their time at Kamada, both Shavit and Boris demonstrated an unwavering dedication to the advancement of our business, including the successful execution of many key initiatives and programs that are at the core of our strategic objectives. I look forward to their continued significant contribution to our growth plans.”

Ms. Beladev has been with Kamada for over 20 years in increasingly senior positions, most recently as Director of Business Development. She also previously served in management roles at the Company, responsible for International Sales, Key Accounts Management and Plasma Procurement. Since the establishment of Kamada Plasma in early 2021, Ms. Beladev's extended responsibilities also included overseeing the operation of the Company's plasma collection center in Beaumont, Texas, and the advance towards the opening of new centers.

Mr. Gorelik has been with Kamada for more than two years, most recently as Director of Business Development. He has over 14 years of Business Development and M&A experience, most of it in the pharmaceutical industry. Prior to joining Kamada, Mr. Gorelik was Senior Director of Global Business Development and Strategy with Teva Pharmaceutical Industries, Ltd. Prior to his tenure at Teva, he served in various legal, M&A, and transaction services-related roles in the Israeli law office of Goldfarb Seligman, as well as KPMG and Deloitte Israeli offices.

About Kamada
Kamada Ltd. (the “Company”) is a vertically integrated global biopharmaceutical company, focused on specialty plasma-derived therapeutics, with a diverse portfolio of marketed products, a robust development pipeline and industry-leading manufacturing capabilities. The Company’s strategy is focused on driving profitable growth from our current commercial activities as well as our manufacturing and development expertise in the plasma-derived biopharmaceutical market. The Company’s commercial products portfolio includes its developed and FDA approved products GLASSIA® and KEDRAB® as well as its recently acquired FDA approved plasma-derived hyperimmune products CYTOGAM®, HEPAGAM B®, VARIZIG® and WINRHO®SDF. The Company has additional four plasma-derived products which are registered in markets outside the U.S. The Company distributes its commercial products portfolio directly, and through strategic partners or third-party distributors in more than 30 countries, including the U.S., Canada, Israel, Russia, Brazil, Argentina, India and other countries in Latin America and Asia. The Company has a diverse portfolio of development pipeline products including an inhaled AAT for the treatment of AAT deficiency for which the Company is currently conducting the InnovAATe clinical trial, a randomized, double-blind, placebo-controlled, pivotal Phase 3 trial. The Company leverages its expertise and presence in the Israeli pharmaceutical market to distribute in Israel more than 20 products that are manufactured by third parties and have recently added 11 biosimilar products to its Israeli distribution portfolio, which, subject to EMA and the Israeli MOH approvals, are expected to be launched in Israel between the years 2022 and 2028. FIMI Opportunity Fund, the leading private equity investor in Israel, is the Company’s lead shareholder, beneficially owning approximately 21% of the outstanding ordinary shares.

CONTACTS:
Chaime Orlev
Chief Financial Officer
IR@kamada.com

Bob Yedid
LifeSci Advisors, LLC
646-597-6989
Bob@LifeSciAdvisors.com


FAQ

What management changes were announced by Kamada on June 15, 2022?

Kamada announced the promotions of Shavit Beladev to Vice President of Plasma Operations and Boris Gorelik to Vice President of Business Development on June 15, 2022.

What are Shavit Beladev's responsibilities at Kamada?

Shavit Beladev is responsible for managing the operations and expansion of Kamada Plasma, the U.S.-based plasma collection subsidiary.

What role will Boris Gorelik play at Kamada?

Boris Gorelik will oversee the advancement of business development opportunities and manage existing strategic partnerships.

How do the promotions align with Kamada's strategy?

The promotions support Kamada's strategy to expand its presence in the U.S. as a vertically-integrated specialty plasma company.

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