Sector News

Sanofi’s Plump tapped to head Takeda R&D from Cambridge base

December 18, 2014
Life sciences
The new president at Takeda has raided Sanofi for its new head of global R&D. And they’re putting their new top scientist in Cambridge, MA, which is becoming the world headquarters of drug research for much of the pharma industry.
 
Andrew “Andy” Plump has been lured to the top job at Takeda research after completing a stint as SVP of research and translational medicine at Sanofi, where he worked in Paris. Plump, though, has deep roots in Cambridge, where he got his B.S. at MIT before getting his M.D. at UC San Francisco and a PhD at Rockefeller University. After his education he worked as a VP of cardiovascular at Merck.
 
A Takeda spokesperson told Bloomberg that Plump will be based in Cambridge, MA, where the company has been reorganizing its oncology work. Takeda bought out Millennium, but recently dropped the iconic name.
 
The globalization of Takeda’s leadership began in earnest with the recent appointment of Christophe Weber as the new president, now in line to become the first non-Japanese CEO in 230 years – a fact that has ruffled more than a few feathers in Japan, where “foreigners” have not been welcome by former execs and shareholders. Weber was brought in to revamp Takeda as the company’s blockbuster Actos revenue has begun to disappear in the face of generic competition. U.S. president Doug Coles was recently ousted in the management shakeup that followed.  
 
Sanofi, meanwhile, is losing an American exec in the wake of Christopher Viehbacher’s stormy showdown with a French chairman of the board. 
 
Global pharma organizations like Pfizer, Novartis and others have been putting a growing emphasis on work around the Boston area, where biotech has been booming for years in neighborhoods close to MIT and Harvard. GlaxoSmithKline recently opened a new office to scout for deals in the area, following a similar move by J&J.
 
Takeda has had some success in the recent past, most notably the approval of vedolizumab for inflammatory bowel disease. But it’s also had late-stage failures for TAK-875, or fasiglifam, as well as their top cancer contender at Millennium. Those setbacks helped trigger a plan to carve $1 billion out of its budget and lay off thousands.
 
By John Carroll
 

comments closed

Related News

October 17, 2021

Colorcon acquires a majority share in Ideal Cures Pvt. Ltd., India

Life sciences

Ideal Cures will operate as a fully independent entity within Colorcon. Their business complements Colorcon’s position in the Indian pharmaceutical market with a strong presence in the domestic generic sector comprised of long-standing customer relationships sustained by innovative and customized solutions.

October 17, 2021

Barriers exist, but participation urgent in breast cancer clinical trials: report

Life sciences

Across four new breast cancer treatments approved by the FDA last year, 2% to 9% of patients in clinical trials for the drugs were Black Americans and 0% to 9% were Hispanic, according to a new report from Breastcancer.org.

October 17, 2021

Danish consortium acquires part of Jernbanebyen to create one of the world’s healthiest urban villages

Life sciences

The southern section of Jernbanebyen in central Copenhagen has a new owner. The Baneby Consortium, comprising NREP, Novo Holdings and Industriens Pension, has bought the land from Freja Ejendomme. The ambition is to create a green, partly car-free environment that will also be one of the healthiest in the world. 

Send this to a friend