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Barak Palatchi

CEO of stebabiotech.com ⏪ Developing ImPACT© A novel, non-invasive oncology platform for hard-to-treat cancers

Barak Palatchi is the Chief Executive Officer (CEO) of Steba Biotech Ltd., a company focused on innovative cancer treatments. He has a robust background in the pharmaceutical and biotech industries, having previously served as the Chief Operations Officer at Novartis – Advanced Accelerator Applications (AAA), which specializes in targeted radioligand therapies. Under his leadership, AAA was successfully integrated into Novartis after its acquisition in 2018 for $3.9 billion, where he established operational capabilities and launched new products in the neuroendocrine tumor (NET) and prostate cancer markets.13

Palatchi's career at Novartis also included senior roles such as Oncology General Manager for both the UK & Ireland and Israel. His expertise lies in guiding business strategies towards the development of precision imaging drugs and negotiating key partnerships within the industry.12

At Steba Biotech, Palatchi is leading the development of Padeliporfin ImPACT, a novel therapy designed to treat solid tumors while preserving organ function, particularly for patients with limited treatment options. The therapy has received FDA Orphan Drug Designation, validating its potential impact on patient care.3

His educational background includes studies at Bar-Ilan University, and he is actively engaged in advancing Steba's strategic initiatives aimed at addressing unmet medical needs in oncology.14

Highlights

Mar 8 · biospace.com
Steba Biotech receives FDA Orphan Drug Designation ... - BioSpace

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Barak Palatchi
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Location

Tel Aviv, Israel