NorthEast BioLab Appoints VP of Business and Corporate Development

New Haven, CT, Aug 01, 2018 – NorthEast BioLab , a boutique contract research organization (CRO) focused on providing tailored solutions to biotechnology and pharmaceutical companies, today announced Abhay Pandey as their Vice President of Business and Corporate Development.

Mr. Pandey will be responsible for devising and executing the Company’s sales and marketing, capital expenditure, and financing strategy. Dr. Vipin Agarwal, President and Chief Executive Officer of NorthEast BioLab , commented, “We are pleased that Mr. Pandey has accepted this role critical to our shared vision of accelerated company growth over the next few years. We are currently undergoing strong operation expansion and will benefit from Mr. Pandey’s experience of identifying and delivering value through distinguished professional services.” “I was very impressed with NorthEast BioLab ’s outstanding customer retention as well as efficient and resourceful operations team” said Mr. Pandey. “I am excited to collaborate with the management team at NorthEast BioLab and successfully execute our envisioned business strategy. Especially, I look forward to meaningfully scaling NorthEast BioLab ’s sales & marketing unit.”

Mr. Pandey has ~10 years of diverse experience in corporate development, investment banking, and management consulting. Prior to joining NorthEast BioLab , Mr. Pandey served as Sr. Manager in the Corporate Development unit at Verizon, where he was responsible for sourcing and executing investment, divestiture, and joint venture opportunities for the major U.S. telecommunication services provider. Prior to joining Verizon, Abhay served as investment banking associate at Lazard’s middle market advisory group in New York City. At Lazard, Abhay was responsible for advising clients on strategic alternatives including outright company sale or majority equity investment. Previously, Abhay spent several years at ZS Associates as a sales and marketing consultant. ZS Associates is a management consulting firm headquartered in Evanston, Illinois that provides services primarily in the pharmaceutical, biotechnology, healthcare and agribusiness industries.

Mr. Pandey received a bachelor’s degree in engineering from the Indian Institute of Technology, Kharagpur and a master’s degree in business administration (MBA) from Duke University, Fuqua School of Business. In his free time, he enjoys participating in adventure sports and cooking North Indian and multi-cultural fusion cuisines.

NorthEast BioAnalytical Laboratories LLC

NorthEast BioLab was founded in 2003 by a team of ex-Bayer scientists and analytical chemists. The company partners with a broad array of pharmaceutical and biotechnology clients with drugs in early discovery phases through clinical trials and post-approval studies. The Company’s mission-driven scientists and dedicated analytical chemists have deep expertise in bioanalytical and pharmacokinetic analyses, drug discovery and research, and clinical sample management and storage services. NorthEast BioLab has 15+ years’ track record of collaborating with leading incumbents, growing disruptors, as well as scientific and academic fraternity across the healthcare sector.