Sector News

Roche names new pharma research head

March 8, 2018
Life sciences

Roche Holding AG said Thursday that John Reed, head of pharma research and early development, has decided to leave the company and will be replaced by William Pao.

Mr. Pao is currently global head of the oncology discovery and translational area at the research and development department and will assume his new role on April 2, Roche said. He will also become a member of the company’s enlarged corporate executive committee.

“Since joining Roche in 2014, William has been instrumental in the build-up of cancer immunotherapy and molecular targeted therapies,” said Chief Executive Severin Schwan, on the appointment.

By Alberto Declaux

Source: MarketWatch

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