Balazs Felcsuti

Balazs Felcsuti

Balazs Felcsuti

Vice President, Health Advances

Balazs has over 15 years of healthcare experience in corporate development, strategy, finance and operational positions. He joined Health Advances after a successful career with biopharma companies ranging from industry leading biotechnology firms to small start-up operations.

Balazs brings to Health Advances a combination of big picture strategic approach and hands-on implementation experience. Throughout his career he was responsible for solving strategic problems, executing high value business development transactions and building high-performing organizations.

Work Experience

Immediately prior to joining Health Advances, Balazs was part of the management team of Lyndra, a biotechnology start-up developing an ultra-long acting drug delivery technology. As Vice President of Operations, Balazs was responsible for all aspects of business operations, helping build the company to a 25-strong operation, secure financing and jump-start critical manufacturing R&D projects.

Prior to that, Balazs served as Senior Director, Corporate Development at Ironwood Pharmaceuticals. He formulated the company’s emerging market strategy and executed a complex joint venture transaction with Astra Zeneca for the development and commercialization of Ironwood’s flagship product, LINZESS® in China, Hong Kong and Macau. He was also responsible for two co-promotion agreements that leveraged and strengthened Ironwood’s sales capabilities in the US market.

Earlier in his career Balazs spent six years at Biogen where he helped build the company’s Patient Support Services organization. Leading a diverse cross-functional team and managing a multi-million dollar budget, Balazs significantly improved key operational metrics such as patient conversion and therapy adherence rates. He also negotiated several of Biogen’s key product distribution and service agreements.

Education

Balazs holds a Master of Science in Economics from Corvinus University in Budapest, Hungary as well as an MBA in Finance from the Wharton of School of Business at the University of Pennsylvania. He graduated with honors from both institutions.

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