Merieux Developpement, the strategic investment unit of healthcare technology company Institut Mérieux, has strengthened its investment team with three new appointments as it looks to expand its capabilities in the US and Europe.

Jean-François Billet has been named as senior partner and will be based in Paris. He most recently served as senior vice-president for strategy, mergers and acquisitions at food safety services provider Mérieux NutriScience since 2007.

Benoit Pierret will act as senior business analyst and located in Lyon.…