Moderna has found a replacement for ousted CFO Jorge Gomez, announcing Wednesday that PerkinElmer executive James Mock will be its next finance chief.
The appointment of Mock comes several months after Moderna hired and then quickly fired Gomez from the role after it became known Gomez’ former employer, dental equipment manufacturer Dentsply Sirona, was investigating “certain financial reporting matters.”
Mock has served as CFO at PerkinElmer, a large life sciences and diagnostics firm, since 2018, overseeing several small acquisitions as well as a roughly $5.3 billion takeover of antibody and reagent provider BioLegend last year. On Aug. 1, PerkinElmer announced plans to divest its food and enterprise services division to a private equity firm for almost $2.5 billion.
Prior to PerkinElmer, Mock worked for nearly two decades at General Electric. READ MORE
By Ned Pagliarulo
Source: biopharmadive.com
Though Galapagos has undergone plenty of staff shake-ups and strategy revamps in recent years, the company is sticking strong to the CAR-T pivot first unveiled by CEO Paul Stoffels, M.D., following his arrival at the biotech from Johnson & Johnson in early 2022.
The new investment is expected to create more than 500 jobs and significantly strengthen France’s ability to control the production of essential medicines from start to finish, the company stated. According to Sanofi, this plan increases the amount Sanofi has committed to major projects in France since the Covid-19 pandemic to over €3.5 billion.
A tough biotech funding environment and a downturn in COVID-related contracts has weighed heavily on CDMOs of all stripes in recent years. Now, with a new CEO waiting in the wings, Swiss manufacturing juggernaut Lonza is attempting to reassure the market that an industry stabilization is on the horizon.
