Advent VP adds two to venture team

UK venture firm Advent Venture Partners has appointed Don Drakeman and Rudi Pauwels as venture partners in the life sciences team.

They will work closely with portfolio companies and with the investment team to source, assess and manage new investments. Drakeman will be based in Princeton, New Jersey and Pauwels will be based in Lausanne, Switzerland.

Drakeman is an entrepreneur and executive who has co-founded two multi-billion dollar biotechnology companies: Medarex, Inc. and Genmab A/S. Pauwels is a pharmaceutical scientist who founded several European biotechnology companies, including Tibotec, Virco, and Galapagos.