Sector News

House cleaning to re-Shape Alexion?

May 24, 2017
Life sciences

Alexion Pharmaceuticals Inc. continues to reshape its top-level management after the company was hit by an internal investigation into its sales practices.

Alexion will start a search for a new Chief Financial Officer after current CFO Dave Anderson announced he will resign at the end of August. Anderson had joined the company in December after more than a decade as CFO at Honeywell International Inc. He had replaced Vikas Sinha, who resigned last year along with CEO David Hallal during the sales practices investigation.

Ludwig Hantson was named named Alexion’s chief executive in March.

The company has appointed Brian Goff as Chief Commercial Officer, effective June 1. Goff is a veteran biopharmaceutical executive with more than 25 years of experience at companies including Neurovance, Inc., Baxalta, Inc., Baxter, Novartis and Johnson & Johnson.

Earlier this year, Alexion found that some of its senior management staff had pressured employees to get customers to order its flagship drug Soliris earlier than needed to meet financial targets

Source: RTT News

comments closed

Related News

September 25, 2022

Rise of the machines: Novo Nordisk pledges $200M to create first quantum computer for life sciences

Life sciences

Big Pharma has long seen the potential for AI and machine learning to accelerate drug development. But Novo Nordisk is going a step further by channeling $200 million toward the creation of a computer that will outrun anything in existence.

September 25, 2022

Mount Sinai AI uncovers new brain analysis method to predict dementia, Alzheimer’s disease

Life sciences

Current methods for diagnosing Alzheimer’s disease rely on a complex combination of self- and caregiver-reported symptoms, a physical examination and either a PET scan or a spinal tap to look for evidence of amyloid plaque build-ups in the brain. But a new artificial intelligence-based method may make the diagnostic process a much more objective one.

September 25, 2022

New AstraZeneca-backed report finds big money behind diverse owners and entrepreneurs in Europe

Life sciences

There is lots of talk about diversity and inclusion in business, including in pharma and medtech. A new report by the Open Political Economy Network (OPEN), a think tank focusing on migration and diversity, released its “Minority Businesses Matter: Europe” report highlighting the successes and challenges of ethnic minority-owned businesses in Europe.