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called WuXi NextCode. Hannes became Co-Founder and COO of the new company. In 2016, WuXi NextCode introduced three products – RareCODE, FamilyCODE and HealthCODE—tailored to
Chinese population variants. In January 2017 WuXi NextCode, AbbVie and Genomics Medicine Ireland launched an initiative to sequence 45,000 volunteer participants from across Ireland to advance the clinical development of better treatments for a range of serious diseases. WuXi NextCode appointed Hannes as CEO in February 2017. WuXi NextCode closed a $ 240 million Series B round of financing in September 2017. The company grew from 60 to just under 500 people by the end of 2017. In March 2018 Hannes stepped down as CEO and transitioned to a position as Co-Founder and Senior Advisor to WuXi NextCode.
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its stake in AMR in late 2007. Under Hannes, FL Group made charitable contributions such as co-underwriting a 135 million
Icelandic Krona contribution to UNICEF to support education in Guinea-Bissau. The group also purchased Refresco, which is now the largest private label soft drink company in Europe, and the
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which returned a profit of US$ 178 million. In 2006 FL Group sold
Icelandair to other Icelandic investors. Under Hannes’ leadership, FL Group purchased a 5.98 percent share in AMR Corp., the parent of American Airlines. Hannes later urged AMR to spin off its frequent flyer program. FL Group shed
162:
asked Hannes to join him in establishing deCODE in 1996. Hannes served as senior vice president, chief business officer and treasurer, chief financial officer, and executive vice president and senior business and finance officer for deCODE. deCODE made a series of genetic discoveries involving 27
221:
According to a report by the
Icelandic Public Radio, (RUV), Hannes’ business dealings were the subject of investigation by the Icelandic authorities, culminating with a charge for misappropriation in November 2013. He was acquitted in Reykjavik District Court in February 2015. The Supreme Court of
230:
In
October 2013 Hannes co-founded and became CEO of NextCode Health, a spinout of deCODE with a mission of applying deCODE's genomic database to patient care. In January 2015, WuXi AppTech acquired NextCode Health for $ 65 million and merged NextCode with its genome center to form a new company
130:
in the mid to late 2000s. In
October 2013 Hannes co-founded and was named CEO of NextCode Health, a startup formed to apply the massive genomics database developed by deCode Genetics to patient care. Hannes negotiated the sale of NextCode to WuXi AppTech and later became CEO of WuXi NextCode.
217:
In 2010 Hannes was named as one of eight defendants in a suit filed by the winding-up committee of
Glitnir Bank. The suit was dismissed in New York in December 2010, refiled in 2011 and dismissed again in January 2012. Hannes filed suit for reimbursement of legal expenses from the winding up
171:
stock market in 2000 – the first listing of an
Icelandic company on an international exchange. Hannes also oversaw a deal with Hoffman-La Roche to integrate genetics, services and diagnostics in 2001, the acquisition of MediChem Life Sciences in 2002, and a deal in the same year with
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to identify genes involved in obesity. He left deCODE in 2004. The company was subsequently sold to Amgen for $ 415 million with Hannes providing advice to deCODE during the sale process.
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and deCODE to identify genes involved in common diseases which was billed as the largest human genomics deal up to that time. Hannes oversaw deCODE's initial public offering on the
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Hannes became chairman and chief executive officer of
Icelandair, in 2004. Icelandair changed its name to FL Group in 2005. Hannes oversaw the acquisition of the Danish airline
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common diseases that were published in top scientific journals. In 1998 Hannes was involved in the $ 200 million genomics collaboration between
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shopping center near
Reykjavík, Iceland. Smaralind is today Iceland's largest shopping center with over 100 shops, restaurants and services.
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is an Icelandic executive and entrepreneur who served as the executive vice president and senior business and finance officer of
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Icelandair has thrived, thanks to its North Atlantic location, the natural beauty of its home nation—and its all-Boeing fleet
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Icelandair has thrived, thanks to its North Atlantic location, the natural beauty of its home nation—and its all-Boeing fleet
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Hoffmann-La Roche and deCODE genetics Sign Genomics Collaboration To Identify Genes Involved in Common Diseases
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with degrees in Mechanical Engineering and Management and also obtained an MBA from the
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Hannes represented Iceland at a junior level in soccer. He graduated from the
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DeCode Spinout, NextCode Health, Launches With $ 15M From Arch, Polaris
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35:
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Iceland's deCode to acquire MediChem Life Sciences for $ 83.6 million
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NextCODE Reloads With $ 240M, Eyes IPO, As Genomic Data Demand Grows
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from in late 1900s and the early 2000s and the chairman and CEO of
393:,” Press release issued by deCODE Genetics Inc., February 2, 1998.
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As a private investor, Hannes was part of a group that built the
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Former Baugur boss Jon Asgeir Johannesson accused of $ 2bn fraud
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Amgen Acquires DeCode Genetics, the Once-Fallen Star, for $ 415M
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Hannes Smarason On The Future Of The Platform For WuXi NextCODE
854:
Hannes Smarason On The Future Of The Platform For WuXi NextCODE
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Hannes Smarason On The Future Of The Platform For WuXi NextCODE
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and the sale of FL Group's 16.18% stake in the British airline
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Icelandair being sold by FL Group to other Icelandic investors
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WuXi NextCODE Announces Executive Leadership Transition
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In conversation with: WuXi NextCODE CEO Hannes Smárason
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Hannes Smárason Seeking 60 Million ISK From Failed Bank
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Hannes Smárason Seeking 60 Million ISK From Failed Bank
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Hannes was advisor during the sale of deCODE genetics
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Baugur, FL Group and Fons give 135 million to UNICEF
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FL Group reports net loss of ISK 67 billion in 2007
518:Frozen Assets: How I Lived Iceland's Boom and Bust
349:Frozen Assets: How I Lived Iceland's Boom and Bust
312:Frozen Assets: How I Lived Iceland's Boom and Bust
222:Iceland confirmed the acquittal in October 2016.
949:
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786:Former FL Group CEO Acquitted in District Court
42:; this person is referred to by the given name
837:WuXi PharmaTech Buys NextCode Health for $ 65M
648:,” FL Group press release, February 13, 2008.
629:Icelandair opts to float after bid talks fail
361:Securities and Exchange Commission Form 10K/A
336:Securities and Exchange Commission Form 10K/A
248:Securities and Exchange Commission Form 10K/A
151:from 1992 to 1996 in Boston as a consultant.
803:Supreme court dismisses case against Hannes
715:PwC Sues Glitnir Bank Winding-Up Committee
704:,” The Reykjavík Grapevine, March 6, 2013.
278:NextCODE Health Launches deCODE's Platform
773:Hannes Smarason charged with embezzlement
582:AMR Investor Urges Frequent-Flyer Spinoff
565:Iceland's FL Group buys stake in AMR Corp
363:, deCODE Genetics Inc., Fiscal Year 2001.
338:, deCODE Genetics Inc., Fiscal Year 2001.
250:, deCODE Genetics Inc., Fiscal Year 2001.
226:Co-founder, COO and CEO of WuXi NextCode
14:
950:
467:Hannes Smarason leaves Decode Genetics
978:20th-century Icelandic businesspeople
963:MIT Sloan School of Management alumni
958:21st-century Icelandic businesspeople
890:,” Diagnostics World, April 21, 2017.
141:Massachusetts Institute of Technology
27:Icelandic executive and entrepreneur
520:,” John Wiley & Sons Ltd, 2009.
351:,” John Wiley & Sons Ltd, 2009.
314:,” John Wiley & Sons Ltd, 2009.
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180:Chairman of Icelandair and FL Group
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416:Roche and deCODE sign new alliance
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213:Aftermath of financial crisis
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584:,” CNBC, September 27, 2007.
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784:Eygló Svala Arnarsdóttir, "
595:FL Group Sheds Stake in AMR
324:FL Group Annual Report 2005
10:
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775:," "ruv.is", Nov 9, 2013.
657:Arni Sæberg “Smaralind,”
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674:,” Iceland Travel Guide.
871:Sequencing Partnerships
736:The Reykjavík Grapevine
672:Smaralind Shopping Mall
531:All eyes are on Iceland
482:Thorbjorn Thordarson, “
126:and its parent company
516:Armann Thorvaldsson, “
405:, DeCODE Genetics Inc.
347:Armann Thorvaldsson, “
310:Armann Thorvaldsson, “
149:McKinsey & Company
907:, September 7, 2017.
801:Björn Þorfinnsson, “
792:, February 18, 2015.
571:, December 26, 2006.
490:, December 23, 2012.
450:Is There A Fat Gene?
380:, December 10, 2012.
968:Icelandic investors
924:, January 22, 2018.
886:Allison Proffitt, “
877:, January 12, 2017.
852:Allison Proffitt, “
826:, October 23, 2013.
809:, October 13, 2016.
730:Catharine Fulton, “
700:Catharine Fulton, “
661:, October 15, 2000.
635:, October 14, 2006.
601:, December 3, 2007.
554:, October 16, 2006.
535:Business Outlook UK
439:, January 14, 2002.
293:Allison Proffitt, “
276:Allison Proffitt, "
34:. The last name is
843:, January 9, 2015.
618:,January 12, 2005.
499:Maureen Jenkins, “
456:, October 3, 2002.
284:, October 24, 2013
259:Maureen Jenkins, “
941:, March 12, 2018.
860:, April 21, 2017.
858:Diagnostics World
762:, March 10, 2010.
721:, April 13, 2012.
448:Matthew Herper, “
372:Luke Timmerman, “
301:, April 21, 2017.
299:Diagnostics World
147:. He worked for
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16:(Redirected from
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116:Hannes Smárason
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218:committee.
71:Nationality
40:family name
30:This is an
952:Categories
235:References
124:Icelandair
89:Occupation
36:patronymic
841:GenomeWeb
207:Smáralind
74:Icelandic
752:Archived
128:FL Group
38:, not a
905:Xconomy
824:Xconomy
537:, 2006.
378:Xconomy
190:EasyJet
100:Website
64:Iceland
169:NASDAQ
44:Hannes
488:Visir
107:.com
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