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 <title>CEO</title>
 <link>http://www.fiercebiotech.com/tags/chief-executive</link>
 <description></description>
 <language>en</language>
<item>
 <title>Pharma CEOs plot a new course for R&amp;D</title>
 <link>http://www.fiercebiotech.com/story/pharma-ceos-plot-new-course-r-d/2008-10-31?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;Writers for &lt;em&gt;BusinessWeek&lt;/em&gt; recently sat down with a lineup of CEOs from the world&#039;s biggest pharmaceutical companies to explore what ails the industry and what they need to do differently. Not surprisingly, the conversation quickly shifted to research and development, where they&#039;re failing to make much headway despite investing huge sums in new programs. You can bet that no one is standing still.&lt;/p&gt;
&lt;p&gt;James Cornelius (&lt;a href=&quot;http://www.fiercepharma.com/special-reports/bristol-myers-squibbs-james-cornelius-ceo-pay&quot;&gt;photo&lt;/a&gt;)&amp;nbsp;at Bristol-Myers Squibb: &quot;It&#039;s troubling in that the Food &amp;amp; Drug Administration is approving 18 to 20 [new drugs a year], but we&#039;re spending about $60 billion on research. That equation doesn&#039;t work. Something has to give. We&#039;ll have to be selective in the R&amp;amp;D bets we make. We&#039;re going to see companies working together more to address that R&amp;amp;D productivity issue.&quot;&lt;/p&gt;
&lt;p&gt;Jeffrey Kindler (&lt;a href=&quot;http://www.fiercepharma.com/special-reports/pfizers-jeffrey-kindler-ceo-pay&quot;&gt;photo&lt;/a&gt;) at Pfizer: &quot;The expression I use here a lot is: &quot;the spirit of small, the power of scale.&quot; I want our business units to be small enough that they can get all the benefits of an entrepreneurial organization. They can do what needs to be done to meet their customers&#039; needs on the one hand, but on the other hand get the benefits where scale does help. Scale helps in late-stage clinical development trials that are very expensive; scale helps commercialization in large markets. If we can get the balance between those two things right, we are going to effectively grow the business.&quot;&lt;/p&gt;
&lt;p&gt;Severin Schwan (&lt;a href=&quot;http://www.fiercebiotech.com/story/image-roche-ceo-be-severin-schwan/2007-11-02&quot;&gt;photo&lt;/a&gt;) at Roche: &quot;Our philosophy is that people need enough freedom to make decisions in a decentralized manner. One thing we have done in the last 18 months is to further decentralize our management model in pharma by creating five &quot;disease biology areas. DBAs set priorities and make portfolio decisions for their specific diseases. An interesting thing happened when we implemented this new structure: We saw them streamlining certain projects.&quot;&lt;/p&gt;
&lt;p&gt;- read the &lt;a href=&quot;http://www.businessweek.com/magazine/content/08_45/b4107044232450.htm?campaign_id=rss_topStories&quot;&gt;article&lt;/a&gt; from &lt;em&gt;BusinessWeek&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Related Articles:&lt;br /&gt;&lt;/strong&gt;&lt;a href=&quot;http://www.fiercebiotech.com/special-reports/top-15-r-d-budgets&quot;&gt;Biotech R&amp;amp;D - Top 15 R&amp;amp;D Budgets&lt;/a&gt;&lt;br /&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/ceos-share-experiences-drug-dev-process/2008-10-02&quot;&gt;CEOs share lessons learned in biotech&lt;/a&gt;&lt;br /&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/crisis-forces-biotechs-cut-r-d-preserve-cash/2008-10-29&quot;&gt;Crisis forces biotechs to cut R&amp;amp;D, preserve cash&lt;/a&gt;&lt;br /&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/credit-crisis-could-cripple-european-drug-pipeline/2008-10-27&quot;&gt;Credit crisis could cripple European drug pipeline &lt;/a&gt;&lt;br /&gt;&lt;a href=&quot;http://www.fiercebiotech.com/special-reports/top-10-mistakes-biotechs-make-and-how-avoid-them&quot;&gt;Top 10 mistakes biotechs make (and how to avoid them)&lt;/a&gt;&lt;br /&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/survey-ranks-top-biotech-biopharma-employers/2008-10-10&quot;&gt;Survey ranks top biotech, biopharma employers&lt;/a&gt;&lt;/p&gt;</description>
 <comments>http://www.fiercebiotech.com/story/pharma-ceos-plot-new-course-r-d/2008-10-31#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/expert-advice">expert advice</category>
 <pubDate>Fri, 31 Oct 2008 10:20:33 -0400</pubDate>
 <dc:creator>John Carroll</dc:creator>
 <guid isPermaLink="false">40011 at http://www.fiercebiotech.com</guid>
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<item>
 <title>Top staffers resign from Dyadic</title>
 <link>http://www.fiercebiotech.com/story/top-staffers-resign-dyadic/2008-06-11-0?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;The pending re-employment of former Dyadic CEO Mark Emalfarb led to the resignations of the CEO and five top officers. Out are CEO &lt;strong&gt;Wayne Moor&lt;/strong&gt;, CFO &lt;strong&gt;Lisa De La Pointe&lt;/strong&gt;, CBO &lt;strong&gt;Alexander (Sasha) Bondar&lt;/strong&gt;, Executive Vice President of Manufacturing &lt;strong&gt;Kent M. Sproat&lt;/strong&gt;, Senior Vice President of Research and Development &lt;strong&gt;Daniel Michalopoulos&lt;/strong&gt; and Senior Vice President of Sales and Marketing &lt;strong&gt;Charles W. Kling IV&lt;/strong&gt;.&lt;br /&gt;&amp;nbsp;&lt;br /&gt;Dr. &lt;strong&gt;Glenn J. Gormley&lt;/strong&gt; has been named president and CEO of Gemin X Pharmaceuticals.&amp;nbsp;Gormley had held senior posts at Novartis, AstraZeneca and Merck. &lt;strong&gt;Gordon C. Shore&lt;/strong&gt;, chief scientific officer, had been interim CEO.&lt;/p&gt;
&lt;p&gt;AngioGenex has appointed &lt;strong&gt;William Garland&lt;/strong&gt; PhD as chief executive officer.&lt;/p&gt;
&lt;p&gt;Javelin Pharmaceuticals announced that Dr. &lt;strong&gt;Daniel Carr&lt;/strong&gt;, vice chairman and chief medical officer, has become president. Fred Mermelstein, Ph.D., Javelin&#039;s founder and president, has assumed the role of executive director.&lt;/p&gt;
&lt;p&gt;Third Rock Ventures has named &lt;strong&gt;Kevin Gillis&lt;/strong&gt; as chief financial officer.&lt;/p&gt;
&lt;p&gt;Amira Pharmaceuticals has hired &lt;strong&gt;Michael V. Swanson&lt;/strong&gt; as the company&#039;s chief financial officer.&lt;/p&gt;
&lt;p&gt;Senetek has appointed &lt;strong&gt;Phillip Rose&lt;/strong&gt; as its chief operating officer and retained &lt;strong&gt;J. David Bruner&lt;/strong&gt; as a full-time marketing consultant.&lt;/p&gt;
&lt;p&gt;Noven Pharmaceuticals has appointed &lt;strong&gt;Steven M. Dinh&lt;/strong&gt; to the newly created position of vice president and chief scientific officer.&lt;/p&gt;
&lt;p&gt;CeNeRx BioPharma announced the appointment of Dr. &lt;strong&gt;Mahnaz&lt;/strong&gt; &lt;strong&gt;Asgharnejad&lt;/strong&gt; as vice president of clinical development.&lt;/p&gt;
&lt;p&gt;Affimed Therapeutics has appointed &lt;strong&gt;Volker Lang&lt;/strong&gt;, Ph.D., as its chief business officer.&lt;/p&gt;
&lt;p&gt;Quintiles Transnational named &lt;strong&gt;Christopher H. Cabell&lt;/strong&gt;, M.D., MHS, FACC, as chief medical and scientific officer. Cabell succeeds &lt;strong&gt;Oren Cohen&lt;/strong&gt;, M.D., who was recently appointed senior vice president, clinical research strategies.&lt;/p&gt;
&lt;p&gt;Amgen has named &lt;strong&gt;Anna Richo&lt;/strong&gt; as the new senior vice-president of worldwide compliance.&lt;/p&gt;
&lt;p&gt;Synexus has appointed Dr. &lt;strong&gt;S&amp;aacute;ndor Kis&lt;/strong&gt; country manager of Hungary.&lt;/p&gt;
&lt;p&gt;Dr. &lt;strong&gt;David Barnes&lt;/strong&gt;, Dr. &lt;strong&gt;Douglas Cowart&lt;/strong&gt;, and Dr. &lt;strong&gt;Gary Schwartz&lt;/strong&gt; have joined the PharmaGap Clinical Development Group to take PhG-alpha-1 through the process required to gain approval to commence clinical trials in humans.&lt;/p&gt;
&lt;p&gt;Orexo has hired &lt;strong&gt;Robin Wright&lt;/strong&gt; to take charge of business and commercial development.&lt;/p&gt;
&lt;p&gt;Dr. &lt;strong&gt;Raymond Salemme&lt;/strong&gt; has joined BioLeap&#039;s advisory board.&lt;/p&gt;
&lt;p&gt;Adolor has appointed &lt;strong&gt;Guido Magni&lt;/strong&gt; as a director.&lt;/p&gt;
&lt;p&gt;Oncothyreon has named &lt;strong&gt;Daniel K. Spiegelman&lt;/strong&gt; and &lt;strong&gt;Stephen K. Burley&lt;/strong&gt;, M.D., D.Phil. to its board of directors for three-year terms. &lt;strong&gt;Alex Giaquinto&lt;/strong&gt;, Ph.D., a former Schering-Plough senior executive, has joined the Biothera board of directors.&lt;/p&gt;
&lt;p&gt;EyeGate Pharma has appointed &lt;strong&gt;Praveen Tyle&lt;/strong&gt;, Ph.D., as a member of its board of directors.&lt;/p&gt;</description>
 <comments>http://www.fiercebiotech.com/story/top-staffers-resign-dyadic/2008-06-11-0#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <pubDate>Wed, 11 Jun 2008 11:00:50 -0400</pubDate>
 <dc:creator>John Carroll</dc:creator>
 <guid isPermaLink="false">28329 at http://www.fiercebiotech.com</guid>
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<item>
 <title>Exelixis gets $150M credit line</title>
 <link>http://www.fiercebiotech.com/story/exelixis-gets-150m-credit-line/2008-06-05?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>
&lt;P&gt;Exelixis has struck a $150 million financing deal with Deerfield Management. At Exelixis discretion, the developer can draw down the money as needed over the next 18 months in $15 million installments.&lt;/p&gt;
&lt;P&gt;&quot;This transaction significantly increases our financial strength and flexibility over the next 18 months, even if we don&#039;t draw on the facility,&quot; said George A. Scangos, president and chief executive of Exelixis. &quot;The Deerfield facility gives us the time to see our way through this period of major pipeline and business milestones and puts us in a position of strength as we advance our various partnering discussions.&quot;&lt;/p&gt;
&lt;P&gt;- here&#039;s the &lt;A href=&quot;http://www.fiercebiotech.com/press-releases/exelixis-receives-150-million-funding-commitment-deerfield-management-0&quot;&gt;release&lt;/a&gt;&amp;nbsp;on the financing&lt;BR /&gt;- read the&lt;EM&gt; AP&lt;/em&gt; &lt;A href=&quot;http://money.cnn.com/news/newsfeeds/articles/apwire/0d52f76099ac3fd2c183f881bc8d8c3b.htm&quot;&gt;report&lt;/a&gt;&lt;/p&gt;
&lt;P&gt;&lt;STRONG&gt;Related Articles:&lt;BR /&gt;&lt;/strong&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/exelixis-therapy-fails-phase-ii-trial/2007-10-16&quot;&gt;Exelixis therapy fails in Phase II trial&lt;/a&gt;&lt;BR /&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/spotlight-bms-exelixis-extend-pact/2007-09-21&quot;&gt;BMS, Exelixis extend pact&lt;/a&gt;&lt;BR /&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/exelixis-garners-71m-public-offering/2007-09-13&quot;&gt;Exelixis garners $71M in public offering&lt;/a&gt;&lt;BR /&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/cancer-therapy-gets-accelerated-review-exelixis/2007-08-23&quot;&gt;Cancer therapy gets accelerated review at Exelixis&lt;/a&gt;&lt;/p&gt;

</description>
 <comments>http://www.fiercebiotech.com/story/exelixis-gets-150m-credit-line/2008-06-05#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/bristol-myers-squibb">Bristol-Myers Squibb</category>
 <category domain="http://www.fiercebiotech.com/tags/cancer">Cancer</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/milestones">milestones</category>
 <category domain="http://www.fiercebiotech.com/tags/phase-ii">Phase II</category>
 <category domain="http://www.fiercebiotech.com/tags/product-pipeline">pipeline</category>
 <category domain="http://www.fiercebiotech.com/tags/public-offering">public offering</category>
 <category domain="http://www.fiercebiotech.com/channels/deals">Deals</category>
 <pubDate>Thu, 05 Jun 2008 06:59:54 -0400</pubDate>
 <dc:creator />
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 <title>Pharmacopeia cuts 15% of workforce</title>
 <link>http://www.fiercebiotech.com/story/pharmacopeia-cuts-15-of-workforce/2008-05-30?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>
&lt;P&gt;In an effort to streamline its business and save cash, Pharmacopeia is laying off 15 percent of its workforce and decreasing &quot;other expenses through improved operational efficiencies and increased financial discipline.&quot; The layoffs are part of the company&#039;s ongoing effort to focus resources on clinical and later-stage discovery programs.&lt;/p&gt;
&lt;P&gt;Earlier this month Pharmacopeia announced positive trial results for PS433540, a hypertension drug. In a statement, interim CEO Joseph Mollica said it was the right time to put more resources towards the drug development. &quot;In order to maximize shareholder value it is essential that we focus our efforts on the programs that can provide the greatest return,&quot; noted Mollica. The company is also testing PS433540 as a kidney disease treatment. Pharmacopeia expects the layoffs and other cost reduction efforts to save $10 million in 2009. &lt;/p&gt;
&lt;P&gt;- see &lt;A href=&quot;http://www.fiercebiotech.com/press-releases/pharmacopeia-advances-strategic-plan-focus-resources-development-and-later-stage-disc&quot;&gt;Pharmacopeia&#039;s release&lt;/a&gt;&lt;/p&gt;
&lt;P&gt;&lt;STRONG&gt;Related Articles:&lt;BR /&gt;&lt;/strong&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/pharmacopeia-shares-rise-on-blood-pressure-data/2008-05-16&quot;&gt;Pharmacopeia shares rise on blood pressure data&lt;/a&gt;&lt;BR /&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/pharmacopeia-gains-15m-in-rd-collaboration/2007-02-13&quot;&gt;Pharmacopeia gains $15M in R&amp;amp;D collaboration&lt;/a&gt;&lt;BR /&gt;&lt;A title=&quot;Wyeth licenses Pharmacopeia&#039;s JAK3 program&quot; href=&quot;http://www.fiercebiotech.com/story/wyeth-licenses-pharmacopeia-s-jak3-program/2007-01-04&quot;&gt;Wyeth licenses Pharmacopeia&#039;s JAK3 program&lt;/a&gt;&lt;BR /&gt;&lt;A title=&quot;Pharmacopeia and Cephalon ink development deal&quot; href=&quot;http://www.fiercebiotech.com/story/pharmacopeia-and-cephalon-ink-development-deal/2006-05-23&quot;&gt;Pharmacopeia and Cephalon ink development deal&lt;/a&gt;&lt;/p&gt;

</description>
 <comments>http://www.fiercebiotech.com/story/pharmacopeia-cuts-15-of-workforce/2008-05-30#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/high-blood-pressure">blood pressure</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/hypertension-drug">hypertension</category>
 <category domain="http://www.fiercebiotech.com/tags/kidney-disease">kidney disease</category>
 <category domain="http://www.fiercebiotech.com/tags/layoffs">layoffs</category>
 <category domain="http://www.fiercebiotech.com/tags/pharmacopeia">Pharmacopeia</category>
 <category domain="http://www.fiercebiotech.com/tags/workforce">workforce</category>
 <category domain="http://www.fiercebiotech.com/channels/deals">Deals</category>
 <pubDate>Fri, 30 May 2008 06:59:57 -0400</pubDate>
 <dc:creator />
 <guid isPermaLink="false">27291 at http://www.fiercebiotech.com</guid>
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 <title>Targeted Genetics reports tgAAC94 data</title>
 <link>http://www.fiercebiotech.com/story/gene-therapy-misses-arthritis-goal/2008-05-30?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;Targeted Genetics is reporting results from&amp;nbsp;an early-stage study of tgAAC94 for inflammatory arthritis. The drug uses a specially engineered virus to transport a gene. When working properly, the therapy produces proteins that eliminate the inflammatory molecules that cause arthritis. The&amp;nbsp;company said that while the trial was not powered to show statistical significance, &quot;tgAAC94 has the potential to improve disease symptoms that are refractory to other therapies, including systemic TNF antagonists.&quot; According to CEO H. Stewart Parker,&amp;nbsp;&quot;these clinical observations will help guide further clinical development.&quot;&lt;/p&gt;
&lt;p&gt;A clinical trial of tgAAC94 was placed on hold last year after &lt;a href=&quot;http://www.fiercebiotech.com/story/trial-death-spurs-questions-about-gene-therapy/2007-07-27&quot;&gt;the death of a study participant&lt;/a&gt;, which threw a spotlight on the safety record of the whole gene therapy field. However, the FDA determined tgAAC94 was not to blame and the study continued.&lt;/p&gt;
&lt;p&gt;- here&#039;s &lt;a href=&quot;http://www.fiercebiotech.com/press-releases/targeted-genetics-reports-additional-data-inflammatory-arthritis-clinical-trial&quot;&gt;Targeted Genetics&#039; release&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Related Articles:&lt;br /&gt;&lt;/strong&gt;&lt;a href=&quot;http://www.fiercebioresearcher.com/story/biotech-co-defends-gene-therapy-trial-standards/2007-08-07&quot;&gt;Biotech co. defends gene therapy trial standards&lt;/a&gt;&lt;br /&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/trial-death-spurs-questions-about-gene-therapy/2007-07-27&quot;&gt;Trial death spurs questions about gene therapy&lt;/a&gt;&lt;br /&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/spotlight-targeted-genetics-study-hold/2007-07-25&quot;&gt;Targeted Genetics study on hold&lt;/a&gt;&lt;br /&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/gene-therapy-makes-a-big-comeback/2006-08-28&quot;&gt;Gene therapy makes a big comeback&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;em&gt;Editor&#039;s note: &lt;/em&gt;This article has been corrected. The previous version inaccurately reported that the trial had failed. However, the trial was not set up to determine efficacy.&lt;/p&gt;</description>
 <comments>http://www.fiercebiotech.com/story/gene-therapy-misses-arthritis-goal/2008-05-30#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/arthritis-0">arthritis</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/fda-official">FDA</category>
 <category domain="http://www.fiercebiotech.com/tags/molecules">molecules</category>
 <category domain="http://www.fiercebiotech.com/tags/proteins">proteins</category>
 <category domain="http://www.fiercebiotech.com/tags/targeted-genetics-0">Targeted Genetics</category>
 <category domain="http://www.fiercebiotech.com/tags/tgaac94">tgAAC94</category>
 <pubDate>Fri, 30 May 2008 06:59:55 -0400</pubDate>
 <dc:creator />
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 <title>Favrille dumps Specifid after trial failure</title>
 <link>http://www.fiercebiotech.com/story/favrille-dumps-specifid-after-trial-failure/2008-05-27?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;San Diego-based Favrille has halted development of Specifid, a treatment for follicular B-cell non-Hodgkin&#039;s lymphoma. In a Phase III trial the drug failed to show a statistically significant improvement in the treatment arm, failing both primary and secondary endpoints.&lt;/p&gt;
&lt;p&gt;&quot;We are clearly very disappointed with the data from this trial, particularly on behalf of the patients and their families,&quot; said John P. Longenecker, Ph.D., President and Chief Executive Officer of Favrille. &quot;Based on these results, we are discontinuing development of Specifid and are currently evaluating steps to conserve cash and recognize value on our assets.&lt;/p&gt;
&lt;p&gt;- here&#039;s &lt;a href=&quot;http://www.fiercebiotech.com/press-releases/favrille-announces-results-phase-3-registration-trial-specifid-patients-follicular-b-&quot;&gt;Favrille&#039;s release&lt;/a&gt; for more&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Related Article:&lt;br /&gt;&lt;/strong&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/favrille-raises-45m-for-phase-iii-work/2006-03-07&quot;&gt;Favrille raises $45M for Phase III work&lt;/a&gt;&lt;/p&gt;</description>
 <comments>http://www.fiercebiotech.com/story/favrille-dumps-specifid-after-trial-failure/2008-05-27#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/assets">assets</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/favrille-0">Favrille</category>
 <category domain="http://www.fiercebiotech.com/tags/john-p-longenecker">John P. Longenecker</category>
 <category domain="http://www.fiercebiotech.com/tags/lymphoma">lymphoma</category>
 <category domain="http://www.fiercebiotech.com/tags/phase-iii">Phase III</category>
 <category domain="http://www.fiercebiotech.com/tags/san-diego">San Diego</category>
 <pubDate>Tue, 27 May 2008 06:59:57 -0400</pubDate>
 <dc:creator />
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 <title>Somaxon secures cash for Silenor marketing</title>
 <link>http://www.fiercebiotech.com/story/somaxon-secures-cash-for-silenor-marketing/2008-05-23?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>
&lt;P&gt;As Somaxon waits for the FDA okay on insomnia treatment Silenor, the company has lined up funding for marketing and commercialization of the drug. The company inked a $15 million secured loan agreement with Oxford Finance Corporation and Silicon Valley Bank. In addition, Kingsbridge Capital has committed to provide up to $50 million of capital through the purchase of newly-issued shares of Somaxon&#039;s common stock. &lt;/p&gt;
&lt;P&gt;&quot;The the availability of these funds will support our financial position as we continue to move forward in discussions with a number of companies regarding a potential strategic collaboration relating to the commercialization of Silenor,&quot;&amp;nbsp;said Somaxon&#039;s interim CEO David F. Hale.&lt;/p&gt;
&lt;P&gt;- check out the &lt;A href=&quot;http://www.fiercebiotech.com/press-releases/somaxon-pharmaceuticals-inc-secures-65-million-financing&quot;&gt;Somaxon release&lt;/a&gt;&lt;/p&gt;
&lt;P&gt;&lt;STRONG&gt;Related Articles:&lt;BR /&gt;&lt;/strong&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/somaxon-ceo-resigns/2007-12-07&quot;&gt;Somaxon CEO resigns&lt;/a&gt;&lt;BR /&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/somaxon-touts-latest-phase-iii-results-for-silenor/2006-11-20&quot;&gt;Somaxon touts latest Phase III results for Silenor&lt;/a&gt;&lt;BR /&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/somaxon-touts-mid-stage-data-on-smoking-cessation/2006-07-26&quot;&gt;Somaxon reveals mid-stage data on smoking cessation&lt;/a&gt;&lt;/p&gt;

</description>
 <comments>http://www.fiercebiotech.com/story/somaxon-secures-cash-for-silenor-marketing/2008-05-23#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/common-stock">Biotech Stock</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/commercialization">commercialization</category>
 <category domain="http://www.fiercebiotech.com/tags/kingsbridge-capital">Kingsbridge Capital</category>
 <category domain="http://www.fiercebiotech.com/tags/phase-iii">Phase III</category>
 <category domain="http://www.fiercebiotech.com/tags/smoking-cessation-0">smoking cessation</category>
 <category domain="http://www.fiercebiotech.com/tags/somaxon">Somaxon</category>
 <category domain="http://www.fiercebiotech.com/channels/deals">Deals</category>
 <pubDate>Fri, 23 May 2008 06:59:56 -0400</pubDate>
 <dc:creator />
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<item>
 <title>Pharmacopeia shares rise on blood pressure data</title>
 <link>http://www.fiercebiotech.com/story/pharmacopeia-shares-rise-on-blood-pressure-data/2008-05-16?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>
&lt;P&gt;Pharmacopeia&#039;s shares were up today on trial results for PS433540, a hypertension drug. Data showed &#039;significant&#039; blood pressure reductions in a Phase IIa study in patients with mild to moderate hypertension. The company is also testing PS433540 as a kidney disease treatment.&lt;/p&gt;
&lt;P&gt;&quot;We are very pleased with the results of this important Phase IIa trial and look forward to future studies which will further assess the potential of PS433540, perhaps even beyond blood pressure lowering...We believe PS433540&#039;s dual mechanism of action may have a positive effect on diabetic kidney disease,&quot; said Joseph A. Mollica, Ph.D., Chairman of the Board and Interim President and Chief Executive Officer of Pharmacopeia.&lt;/p&gt;
&lt;P&gt;- take a look at &lt;A href=&quot;http://www.fiercebiotech.com/press-releases/pharmacopeiashares-rise-blood-pressure-study-investigational-therapy-ps433540-achieve&quot;&gt;Pharmacopeia&#039;s release&lt;/a&gt;&lt;/p&gt;
&lt;P&gt;&lt;STRONG&gt;Related Articles:&lt;BR /&gt;&lt;/strong&gt;&lt;A href=&quot;http://www.fiercebiotech.com/story/pharmacopeia-gains-15m-in-rd-collaboration/2007-02-13&quot;&gt;Pharmacopeia gains $15M in R&amp;amp;D collaboration&lt;/a&gt;&lt;BR /&gt;&lt;A title=&quot;Wyeth licenses Pharmacopeia&#039;s JAK3 program&quot; href=&quot;http://www.fiercebiotech.com/story/wyeth-licenses-pharmacopeia-s-jak3-program/2007-01-04&quot;&gt;Wyeth licenses Pharmacopeia&#039;s JAK3 program&lt;/a&gt;&lt;BR /&gt;&lt;A title=&quot;Pharmacopeia and Cephalon ink development deal&quot; href=&quot;http://www.fiercebiotech.com/story/pharmacopeia-and-cephalon-ink-development-deal/2006-05-23&quot;&gt;Pharmacopeia and Cephalon ink development deal&lt;/a&gt;&lt;/p&gt;

</description>
 <comments>http://www.fiercebiotech.com/story/pharmacopeia-shares-rise-on-blood-pressure-data/2008-05-16#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/high-blood-pressure">blood pressure</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/hypertension-drug">hypertension</category>
 <category domain="http://www.fiercebiotech.com/tags/pharmacopeia">Pharmacopeia</category>
 <category domain="http://www.fiercebiotech.com/tags/phase-ii">Phase II</category>
 <category domain="http://www.fiercebiotech.com/tags/wyeth-pharmaceuticals">Wyeth</category>
 <category domain="http://www.fiercebiotech.com/channels/deals">Deals</category>
 <pubDate>Fri, 16 May 2008 06:59:54 -0400</pubDate>
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 <title>C&amp;L:  Una Ryan leaves Avant</title>
 <link>http://www.fiercebiotech.com/story/cl-una-ryan-leaves-avant/2008-05-14?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;P&gt;
&lt;IMG border=&quot;0&quot; width=&quot;250&quot; src=&quot;http://static.fiercemarkets.com/public/newsletter/assets/chutesandladders.gif&quot; height=&quot;52&quot; /&gt;&lt;/p&gt;
&lt;P&gt;Avant Immunotherapeutics today announced the departure of &lt;STRONG&gt;Una Ryan&lt;/strong&gt;, Ph.D, President and CEO, effective immediately.&lt;/p&gt;
&lt;P&gt;Watson Pharmaceuticals announced that co-founder and Chairman&lt;STRONG&gt; Allen Chao&lt;/strong&gt; has resigned from the board of directors to pursue other business activities. Board member &lt;STRONG&gt;Andrew Turner&lt;/strong&gt; will become nonexecutive chairman.&lt;/p&gt;
&lt;P&gt;Ardea Biosciences has named &lt;STRONG&gt;John Beck&lt;/strong&gt; senior vice president, finance and operations and chief financial officer.&lt;/p&gt;
&lt;P&gt;Encorium Group has appointed &lt;STRONG&gt;Philip Calamia&lt;/strong&gt; as its interim chief financial officer.&lt;/p&gt;
&lt;P&gt;PregLem has named &lt;STRONG&gt;Sven Zimmermann&lt;/strong&gt;, a biotech analyst at UBS Investment Bank, as its new chief financial officer.&lt;/p&gt;
&lt;P&gt;Nucryst Pharmaceuticals revealed the appointment of &lt;STRONG&gt;David Holtz&lt;/strong&gt; as vice president and chief financial officer.&lt;/p&gt;
&lt;P&gt;Kendle has appointed &lt;STRONG&gt;Patricia Williams&lt;/strong&gt; to the position of vice president, commercial operations.&lt;/p&gt;
&lt;P&gt;Adnavance Technologies has appointed &lt;STRONG&gt;Christian P. Valcke&lt;/strong&gt;, Ph.D., to its scientific advisory board.&lt;/p&gt;
&lt;P&gt;Gilead Sciences on Wednesday said that Chief Executive Officer &lt;STRONG&gt;John C. Martin&lt;/strong&gt; was named chairman of the biotechnology company&#039;s board of directors.&lt;/p&gt;
&lt;P&gt;Vyteris named &lt;STRONG&gt;John E. Burrows and Susan Guerin&lt;/strong&gt; to the company&#039;s board of directors,&lt;/p&gt;
&lt;P&gt;Nventa Biopharmaceuticals Corporation has named &lt;STRONG&gt;John Varian&lt;/strong&gt; to the company&#039;s board of directors.&lt;/p&gt;
&lt;P&gt;DOR BioPharma announced that its President and Chief Executive Officer&lt;STRONG&gt; Christopher Schaber&lt;/strong&gt;, PhD, has joined the board of directors of the Alliance for Biosecurity.&lt;/p&gt;
&lt;P&gt;Inovio Biomedical announced that &lt;STRONG&gt;Patrick Gan&lt;/strong&gt; was elected as the company&#039;s eighth director at Inovio&#039;s annual general meeting.&lt;/p&gt;
&lt;P&gt;Human Genome Sciences announced that &lt;STRONG&gt;John&lt;/strong&gt; &lt;STRONG&gt;LaMattina&lt;/strong&gt;, Ph.D., who retired in late 2007 as president of Pfizer Global Research and Development, has been appointed to the HGS board of directors.&lt;/p&gt;
&lt;P&gt;&lt;STRONG&gt;Robert Hill&lt;/strong&gt; has joined the Biothera board of directors.&lt;/p&gt;

</description>
 <comments>http://www.fiercebiotech.com/story/cl-una-ryan-leaves-avant/2008-05-14#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/biotechnology-company">biotechnology company</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/gilead-sciences">Gilead Sciences</category>
 <category domain="http://www.fiercebiotech.com/tags/human-genome-sciences">Human Genome Sciences</category>
 <category domain="http://www.fiercebiotech.com/tags/john-lamattina">John LaMattina</category>
 <category domain="http://www.fiercebiotech.com/tags/pfizer-global-research-0">Pfizer Global Research</category>
 <category domain="http://www.fiercebiotech.com/tags/watson-pharmaceuticals">Watson Pharmaceuticals</category>
 <pubDate>Wed, 14 May 2008 06:59:52 -0400</pubDate>
 <dc:creator />
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 <title>Novacea cuts staff after partner dumps collaboration</title>
 <link>http://www.fiercebiotech.com/story/novacea-cuts-staff-after-partner-dumps-collaboration/2008-05-13?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;A month after Schering-Plough pulled the plug on its collaboration with Novacea for a new prostate cancer therapy--&lt;a href=&quot;http://www.fiercebiotech.com/story/novacea-ends-asentar-trial-shares-plunge/2007-11-05&quot;&gt;Asentar&lt;/a&gt;--the little biotech company announced that it will cut its work force by more than half. Over the next two months Novacea&#039;s head count will dwindle from 37 to 15.&lt;/p&gt;
&lt;p&gt;&quot;While we believe the company is in a good financial position, the work force reduction was a very difficult decision for the management team, and we extend our sincere gratitude and appreciation to all of the affected employees,&quot; said Chairman and Chief Executive John P. Walker.&lt;/p&gt;
&lt;p&gt;- see &lt;a href=&quot;http://www.fiercebiotech.com/press-releases/novacea-reports-first-quarter-2008-financial-results&quot;&gt;Novacea&#039;s release&lt;/a&gt;&amp;nbsp;for more on the cuts&lt;br /&gt;- read the &lt;em&gt;AP&lt;/em&gt; &lt;a href=&quot;http://www.chron.com/disp/story.mpl/ap/fn/5773487.html&quot;&gt;report&lt;/a&gt;&lt;strong&gt;&lt;br /&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Related Articles:&lt;br /&gt;&lt;/strong&gt;&lt;a title=&quot;Novacea slows down development program for AQ4N&quot; href=&quot;http://www.fiercebiotech.com/story/novacea-slows-down-development-program-aq4n/2008-01-03&quot;&gt;Novacea slows down development program for AQ4N&lt;/a&gt;&lt;br /&gt;&lt;a title=&quot;Novacea ends Asentar trial, shares plunge&quot; href=&quot;http://www.fiercebiotech.com/story/novacea-ends-asentar-trial-shares-plunge/2007-11-05&quot;&gt;Novacea ends Asentar trial, shares plunge&lt;/a&gt;&lt;br /&gt;&lt;a href=&quot;http://www.fiercebiotech.com/special-reports/top-5-layoffs-2007&quot;&gt;Top 8 Layoffs of 2007&lt;/a&gt;&lt;/p&gt;</description>
 <comments>http://www.fiercebiotech.com/story/novacea-cuts-staff-after-partner-dumps-collaboration/2008-05-13#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/asentar">Asentar</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/layoffs">layoffs</category>
 <category domain="http://www.fiercebiotech.com/tags/novacea-0">Novacea</category>
 <category domain="http://www.fiercebiotech.com/tags/prostate-cancer">Prostate Cancer</category>
 <category domain="http://www.fiercebiotech.com/tags/schering-plough">Schering Plough</category>
 <category domain="http://www.fiercebiotech.com/channels/deals">Deals</category>
 <pubDate>Tue, 13 May 2008 06:59:54 -0400</pubDate>
 <dc:creator />
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 <title>C&amp;L:  Ajit Gill tapped to run Auspex</title>
 <link>http://www.fiercebiotech.com/story/cl-ajit-gill-tapped-to-run-auspex/2008-05-07?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;P&gt;
&lt;IMG border=&quot;0&quot; width=&quot;250&quot; src=&quot;http://static.fiercemarkets.com/public/newsletter/assets/chutesandladders.gif&quot; height=&quot;52&quot; /&gt;&lt;/p&gt;
&lt;P&gt;&lt;STRONG&gt;Ajit Gill&lt;/strong&gt; has joined Auspex Pharmaceuticals as president and chief executive officer. In conjunction with the recent financing round, &lt;STRONG&gt;Pratik Shah&lt;/strong&gt;, Ph.D., partner at Thomas, McNerney &amp;amp; Partners, and &lt;STRONG&gt;David J. Collier&lt;/strong&gt;, M.D., managing director at CMEA Ventures, have joined the Auspex board of directors.&lt;/p&gt;
&lt;P&gt;Eisai has named &lt;STRONG&gt;Cynthia Schwalm&lt;/strong&gt; president of Eisai Inc., a US-based commercial, marketing and sales operation.&lt;/p&gt;
&lt;P&gt;Wyeth announced that &lt;STRONG&gt;Robert Ruffolo&lt;/strong&gt; plans to step down as head of pharmaceutical research.&lt;/p&gt;
&lt;P&gt;MacroGenics has named &lt;STRONG&gt;Dr. Jean-Christophe Tellier&lt;/strong&gt; as executive vice president and chief commercial officer and &lt;STRONG&gt;James Karrels&lt;/strong&gt; as vice president and chief financial officer.&lt;/p&gt;
&lt;P&gt;Helicos BioSciences has added &lt;STRONG&gt;Stephen P. Hall&lt;/strong&gt; as senior vice president and chief financial officer.&lt;/p&gt;
&lt;P&gt;Shengtai Pharmaceutical has appointed &lt;STRONG&gt;Melody Shi&lt;/strong&gt; as its chief financial officer, effective April 30, 2008. Shi replaces &lt;STRONG&gt;Yizhao Zhang&lt;/strong&gt;, who resigned effective April 30.&lt;/p&gt;
&lt;P&gt;LifeCycle Pharma A/S has named &lt;STRONG&gt;Dr. Karin Hamberg&lt;/strong&gt; as executive vice president for research and development.&lt;/p&gt;
&lt;P&gt;Rib-X Pharmaceuticals has named &lt;STRONG&gt;Nancy Motola&lt;/strong&gt;, PhD, senior vice president of regulatory affairs.&lt;/p&gt;
&lt;P&gt;XenoPort has appointed&lt;STRONG&gt; Vincent J. Angotti&lt;/strong&gt; as senior vice president and chief commercialization officer.&lt;/p&gt;
&lt;P&gt;Pharsight Corporation has named &lt;STRONG&gt;John E. Murphy&lt;/strong&gt;, DrPH, senior vice president of consulting services. &lt;/p&gt;
&lt;P&gt;MedImmune announced the following appointments: &lt;STRONG&gt;Jacqueline Hall&lt;/strong&gt; has been appointed global vice president, product development team leadership;&lt;STRONG&gt; Lorin Roskos&lt;/strong&gt;, Ph.D. has been appointed vice president and global head of pharmacokinetics, pharmacodynamics, and bioanalysis in translational sciences and&lt;STRONG&gt; Beth Wensley&lt;/strong&gt; has been appointed vice president, project management. In addition, &lt;STRONG&gt;Erik-Jan Dekker&lt;/strong&gt;, Ph.D. joined the organization as vice president, international regulatory affairs, vaccines and &lt;STRONG&gt;Reginald Seeto&lt;/strong&gt;, M.D., joins as vice president, global strategic marketing and portfolio management.&lt;/p&gt;
&lt;P&gt;Lorus Therapeutics has named &lt;STRONG&gt;Dr. Saeid Babaei&lt;/strong&gt; vice-president of business development and &lt;STRONG&gt;Dr. Yoon Lee&lt;/strong&gt; to vice-president of research.&lt;/p&gt;
&lt;P&gt;Biomatrica has named &lt;STRONG&gt;Trisha Dowling&lt;/strong&gt; as vice president of sales and marketing. &lt;/p&gt;
&lt;P&gt;Tranzyme Pharma announced that &lt;STRONG&gt;Dr. Philippa Charlton&lt;/strong&gt; has joined the company as medical director, clinical development, a newly created position.&lt;/p&gt;
&lt;P&gt;Protokinetix has named &lt;STRONG&gt;Dr. John S. Parker&lt;/strong&gt; as chairman of ProtoKinetix&#039; Science Advisory Board.&lt;/p&gt;
&lt;P&gt;ImmuneRegen BioSciences has appointed &lt;STRONG&gt;Ivan N. Rich&lt;/strong&gt;, Ph.D., to its advisory board.&lt;/p&gt;
&lt;P&gt;Oncolin Therapeutics announced that &lt;STRONG&gt;Dr Randall K. Johnson&lt;/strong&gt; has agreed to join the Scientific Advisory Board.&lt;/p&gt;
&lt;P&gt;TetraLogic Pharmaceuticals has named &lt;STRONG&gt;Dr. Andrew Pecora&lt;/strong&gt;, FACP, as chairman of the board.&lt;/p&gt;
&lt;P&gt;GTx announced that &lt;STRONG&gt;Kenneth S. Robinson&lt;/strong&gt;, MD, MDiv, has been appointed to its Board of Directors.&lt;/p&gt;
&lt;P&gt;PanGenex Corporation has named &lt;STRONG&gt;Dr. Ronald P. Caputo&lt;/strong&gt; to its board of directors.&lt;/p&gt;
&lt;P&gt;Acadia Pharmaceuticals has appointed &lt;STRONG&gt;Laura Brege&lt;/strong&gt; to its board of directors.&lt;/p&gt;
&lt;P&gt;Cequent Pharmaceuticals has named&amp;nbsp;&lt;STRONG&gt;Michael D. Taylor&lt;/strong&gt;, Ph.D., to the company&#039;s board of directors.&lt;/p&gt;
&lt;P&gt;NanoInk named &lt;STRONG&gt;Russel A. Bantham&lt;/strong&gt; to its board of directors.&lt;/p&gt;
&lt;P&gt;Vyteris has named &lt;STRONG&gt;John E. Burrows and Susan P. Guerin&lt;/strong&gt; to the company&#039;s board of directors.&lt;/p&gt;
&lt;P&gt;Nventa Biopharmaceuticals has named &lt;STRONG&gt;John Varian&lt;/strong&gt; to its board of directors.&lt;/p&gt;

</description>
 <comments>http://www.fiercebiotech.com/story/cl-ajit-gill-tapped-to-run-auspex/2008-05-07#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/macrogenics-0">MacroGenics</category>
 <category domain="http://www.fiercebiotech.com/tags/medimmune">MedImmune</category>
 <pubDate>Wed, 07 May 2008 06:59:52 -0400</pubDate>
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 <title>Valeant chops workforce in restructuring</title>
 <link>http://www.fiercebiotech.com/story/valeant-chops-workforce-in-restructuring/2008-05-02?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;
In an effort to bring expenses in line with revenues, Valeant is cutting 130 workers in the U.S. and Mexico. In addition, headcount will be further reduced by 1,250 positions as it divests its European subsidiaries. The full effects of the layoffs will be felt within the next year. The layoffs will reduce Valean&#039;s staff by about half.
&lt;/p&gt;
&lt;p&gt;
&amp;quot;This is the first step in our plan to right size our company and return it to appropriate levels of profitability,&amp;quot; said J. Michael Pearson, chairman and chief executive officer. &amp;quot;We understand the impact these changes will have on our employees and we are committed to treating everyone with respect and dignity. While difficult, these changes are in the best interest of the company to generate meaningful change that will produce long-term value.&amp;quot; 
&lt;/p&gt;
&lt;p&gt;
- here&#039;s &lt;a href=&quot;http://www.fiercebiotech.com/press-releases/valeant-pharmaceuticals-international-reduces-headcount&quot;&gt;Valeant&#039;s release&lt;/a&gt;
&lt;/p&gt;
&lt;p&gt;
&lt;strong&gt;Related Articles:&lt;br /&gt;
&lt;/strong&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/valeant-shares-jump-on-epilepsy-trial-data/2008-02-13&quot;&gt;Valeant shares jump on epilepsy trial data&lt;/a&gt;&lt;br /&gt;
&lt;a href=&quot;http://www.fiercebiotech.com/story/spotlight-valeant-sells-development-programs/2006-12-22&quot;&gt;Valeant sells development programs&lt;/a&gt;&lt;br /&gt;
&lt;a href=&quot;http://www.fiercebiotech.com/story/valeant-hep-c-drug-fails-pivotal-trial-again/2006-09-12&quot;&gt;Valeant hep C drug fails pivotal trial, again&lt;/a&gt;&lt;br /&gt;
&lt;a href=&quot;http://www.fiercebiotech.com/story/valeant-to-out-license-programs-in-restructuring/2006-04-04&quot;&gt;Valeant to out-license programs in restructuring&lt;/a&gt;
&lt;/p&gt;
</description>
 <comments>http://www.fiercebiotech.com/story/valeant-chops-workforce-in-restructuring/2008-05-02#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/hepatitis-c">Hepatitis C</category>
 <category domain="http://www.fiercebiotech.com/tags/j-michael-pearson">J. Michael Pearson</category>
 <category domain="http://www.fiercebiotech.com/tags/layoffs">layoffs</category>
 <category domain="http://www.fiercebiotech.com/tags/phase-iii">Phase III</category>
 <category domain="http://www.fiercebiotech.com/tags/restructuring">restructuring</category>
 <category domain="http://www.fiercebiotech.com/tags/valeant-pharmaceuticals">Valeant Pharmaceuticals</category>
 <pubDate>Fri, 02 May 2008 06:59:57 -0400</pubDate>
 <dc:creator />
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 <title>EUSA Pharma spins off assets as it narrows focus</title>
 <link>http://www.fiercebiotech.com/story/eusa-pharma-spins-off-assets-as-it-narrows-focus/2008-05-01?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;
The transatlantic EUSA Pharma has spun off its monoclonal antibody research operation along with a development program for leukemia as it narrows its focus to late-stage drug development and marketing. France&#039;s International Drug Development snared the antibody operation while the Alize Pharma Group snagged the recombinant L-asparaginase therapeutic research program for acute lymphoblastic leukemia. EUSA&#039;s antibody research business is based in Dardilly, France, and includes a library of approximately 600 murine antibodies.
&lt;/p&gt;
&lt;p&gt;
Bryan Morton, chief executive of EUSA Pharma said: &amp;quot;As we continue to rapidly build our business around our commercial infrastructure in the US and Europe, we are creating the opportunity to compete effectively with major players as an attractive partner for companies seeking specialist transatlantic commercialization and late-stage development expertise in the oncology, pain control and critical care areas.&amp;quot;
&lt;/p&gt;
&lt;p&gt;
- read &lt;a href=&quot;http://www.fiercebiotech.com/press-releases/eusa-pharma-divests-monoclonal-antibody-research-business-and-early-stage-oncology--0&quot;&gt;EUSA&#039;s release&lt;/a&gt; for more information
&lt;/p&gt;
&lt;p&gt;
&lt;strong&gt;Related Articles:&lt;br /&gt;
&lt;/strong&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/eusa-raises-50m-to-help-fund-cytogen-buyout/2008-03-11&quot;&gt;EUSA raises $50M to help fund Cytogen buyout&lt;/a&gt;&lt;br /&gt;
&lt;a href=&quot;http://www.fiercebiotech.com/story/eusa-gsk-ink-44m-pre-clinical-antibody-deal/2008-02-19&quot;&gt;EUSA, GSK ink $44M pre-clinical antibody deal&lt;/a&gt;
&lt;/p&gt;
</description>
 <comments>http://www.fiercebiotech.com/story/eusa-pharma-spins-off-assets-as-it-narrows-focus/2008-05-01#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/antibodies">antibodies</category>
 <category domain="http://www.fiercebiotech.com/tags/bryan-morton">Bryan Morton</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/commercialization">commercialization</category>
 <category domain="http://www.fiercebiotech.com/tags/eusa-pharma">EUSA Pharma</category>
 <category domain="http://www.fiercebiotech.com/tags/leukemia">leukemia</category>
 <category domain="http://www.fiercebiotech.com/tags/monoclonal-antibody">monoclonal antibody</category>
 <category domain="http://www.fiercebiotech.com/tags/oncology">Oncology</category>
 <pubDate>Thu, 01 May 2008 06:59:56 -0400</pubDate>
 <dc:creator />
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 <title>C&amp;L:  Bioxel CEO resigns</title>
 <link>http://www.fiercebiotech.com/story/cl-bioxel-ceo-resigns/2008-04-30?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;P&gt;
&lt;IMG border=&quot;0&quot; width=&quot;250&quot; src=&quot;http://static.fiercemarkets.com/public/newsletter/assets/chutesandladders.gif&quot; height=&quot;52&quot; /&gt;&lt;/p&gt;
&lt;P&gt;Bioxel Pharma has announced the resignation of &lt;B&gt;Pascal Delmas&lt;/b&gt; as president and CEO. Bioxel also appointed &lt;B&gt;Thomas Warden&lt;/b&gt; as vice-president, sales, marketing and regulatory affairs.&lt;/p&gt;
&lt;P&gt;Denmark&#039;s Lundbeck has appointed &lt;B&gt;Ulf Wiinberg&lt;/b&gt; its new chief executive officer.&lt;/p&gt;
&lt;P&gt;Alfacell Corp. said its chief executive officer &lt;B&gt;Kuslima Shogen&lt;/b&gt; will retire from the company by March 31, 2009.&lt;/p&gt;
&lt;P&gt;Noven Pharmaceuticals has named former Pfizer senior executive &lt;B&gt;Peter C. Brandt&lt;/b&gt; president and CEO.&lt;/p&gt;
&lt;P&gt;Arpida announced that &lt;B&gt;Dr J&amp;uuml;rgen Raths&lt;/b&gt; will succeed &lt;B&gt;Dr Khalid Islam&lt;/b&gt; as chief executive officer.&lt;/p&gt;
&lt;P&gt;Cellectricon has named &lt;B&gt;Jonas Ohlsson&lt;/b&gt;, the former chief of Mentice AB, as its new CEO.&lt;/p&gt;
&lt;P&gt;Harvard Bioscience said &lt;B&gt;Bryce Chicoyne&lt;/b&gt; has resigned as its chief financial officer, effective May 9.&lt;/p&gt;
&lt;P&gt;Ablynx announced that &lt;B&gt;Dr. Hennie Hoogenboom&lt;/b&gt; will be stepping down from his position as chief scientific officer and member of the executive committee.&amp;nbsp; &lt;/p&gt;
&lt;P&gt;Hyperion Therapeutics has named &lt;B&gt;Bruce F. Scharschmidt&lt;/b&gt;, MD as chief medical officer.&lt;/p&gt;
&lt;P&gt;Labopharm has named &lt;B&gt;Claire Brull&amp;eacute;&lt;/b&gt;, M.D., senior vice-president and chief medical officer.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Transdel Pharmaceuticals has appointed &lt;B&gt;Paul Finnegan&lt;/b&gt; to the position of chief medical officer and COO.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Hana Biosciences has appointed &lt;B&gt;Anne Hagey&lt;/b&gt;, M.D. as vice president and chief medical officer. &lt;/p&gt;
&lt;P&gt;Advaxis has hired &lt;B&gt;Christine Chansky&lt;/b&gt;, MD, JD, FCLM, a veteran clinician, pharmaceutical industry medical director and FDA procedural specialist, to serve in the capacity of executive clinical officer.&lt;/p&gt;
&lt;P&gt;Neuromed Pharmaceuticals has promoted &lt;B&gt;Sean Cunliffe&lt;/b&gt; to chief commercial officer.&lt;/p&gt;
&lt;P&gt;BR Pharma has appointed &lt;B&gt;Adele Davis&lt;/b&gt; to the new position of head of clinical trials.&lt;/p&gt;
&lt;P&gt;Sangamo BioSciences has nominated &lt;B&gt;Thomas Wiggans&lt;/b&gt; to the company&#039;s board of directors.&lt;/p&gt;
&lt;P&gt;Oragenics has named &lt;B&gt;Dr. Marc Siegel&lt;/b&gt; and &lt;B&gt;Kevin Sills&lt;/b&gt; to the company&#039;s board of directors.&lt;/p&gt;
&lt;P&gt;&lt;B&gt;Mel Rothberg&lt;/b&gt; has resigned from the board of Lotus Pharmaceuticals.&lt;/p&gt;
&lt;P&gt;Metabasis Therapeutics has named &lt;B&gt;Dr. Elizabeth Stoner&lt;/b&gt; to its board of directors.&lt;/p&gt;
&lt;P&gt;Chemaphor announced that &lt;B&gt;Jacques Brault&lt;/b&gt; was elected as a new member of Chemaphor&#039;s board of directors.&lt;/p&gt;
&lt;P&gt;Aegera Therapeutics has named &lt;B&gt;Jeremy Curnock Cook&lt;/b&gt;, executive chairman and founder of BioScience Managers Limited, and &lt;B&gt;Gary Littlejohn&lt;/b&gt;, managing director of Desjardins Securities, to its board. &lt;/p&gt;
&lt;P&gt;Shire said Thursday the dean of Tufts University&#039;s medical school&lt;B&gt;, Michael Rosenblatt&lt;/b&gt;, has joined its board of directors.&lt;/p&gt;

</description>
 <comments>http://www.fiercebiotech.com/story/cl-bioxel-ceo-resigns/2008-04-30#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/ablynx">Ablynx</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/hana-biosciences">Hana Biosciences</category>
 <category domain="http://www.fiercebiotech.com/tags/labopharm">Labopharm</category>
 <category domain="http://www.fiercebiotech.com/tags/noven-pharmaceuticals-0">Noven Pharmaceuticals</category>
 <pubDate>Wed, 30 Apr 2008 06:59:52 -0400</pubDate>
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<item>
 <title>UCB CEO plots strategy following Cimzia approval</title>
 <link>http://www.fiercebiotech.com/story/ucb-ceo-plots-strategy-following-cimzia-approval/2008-04-24?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;
Fresh off the FDA&#039;s approval of Cimzia for Crohn&#039;s disease, UCB chief executive Roch Doliveux forecast a swift regulatory success in Europe. Cimzia is one of the most closely watched late-stage drugs for arthritis, and Doliveux was clearly buoyed by the 20 percent jump in the value of UCB shares following yesterday&#039;s regulatory win. UCB&#039;s pegylated anti-TNFa therapy offers a new, easier form of administration than existing arthritis therapies and analysts have been bullish about its market potential.
&lt;/p&gt;
&lt;p&gt;
The CEO also forecast a resolution of its manufacturing problems with Neupro, which was recalled in the U.S. after formulation problems were revealed. Cimzia, Vimpat, Neupro and Rikelta are all expected to add to the company&#039;s performance, says Doliveux, after which UCB plans a &amp;quot;breakthrough&amp;quot; phase.
&lt;/p&gt;
&lt;p&gt;
- see &lt;a href=&quot;http://www.fiercebiotech.com/press-releases/cimzia-approved-us-treatment-moderate-severe-crohns-disease&quot;&gt;UCB release&lt;/a&gt; on the approval&lt;br /&gt;
- read the &lt;em&gt;AFX&lt;/em&gt; &lt;a href=&quot;http://www.forbes.com/afxnewslimited/feeds/afx/2008/04/24/afx4927782.html&quot;&gt;report&lt;/a&gt;
&lt;/p&gt;
&lt;p&gt;
&lt;strong&gt;Related Articles:&lt;br /&gt;
&lt;/strong&gt;&lt;a href=&quot;http://www.fiercebiotech.com/story/emea-shoots-down-ubcs-cimzia/2007-11-16&quot;&gt;EMEA shoots down UBC&#039;s Cimzia&lt;/a&gt;&lt;br /&gt;
&lt;a href=&quot;http://www.fiercebiotech.com/story/fda-shocks-ucb-investors-with-cimzia-trial-demand/2007-03-23&quot;&gt;FDA shocks UCB investors with Cimzia trial demand&lt;/a&gt;&lt;br /&gt;
&lt;a href=&quot;http://www.fiercebiotech.com/story/late-stage-cimzia-trial-for-ra-hits-endpoints/2007-02-23&quot;&gt;Late-stage Cimzia trial for RA hits endpoints&lt;/a&gt;&lt;br /&gt;
&lt;a href=&quot;http://www.fiercebiotech.com/story/ucb-submits-bla-for-cimzia/2006-03-02&quot;&gt;UCB submits BLA for Cimzia&lt;/a&gt;
&lt;/p&gt;
</description>
 <comments>http://www.fiercebiotech.com/story/ucb-ceo-plots-strategy-following-cimzia-approval/2008-04-24#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/arthritis-0">arthritis</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/cimzia-0">Cimzia</category>
 <category domain="http://www.fiercebiotech.com/tags/crohn-s-disease">Crohn&amp;#039;s disease</category>
 <category domain="http://www.fiercebiotech.com/tags/europe">Europe</category>
 <category domain="http://www.fiercebiotech.com/tags/fda-official">FDA</category>
 <category domain="http://www.fiercebiotech.com/tags/final-approval">FDA approval</category>
 <category domain="http://www.fiercebiotech.com/tags/neupro-0">Neupro</category>
 <category domain="http://www.fiercebiotech.com/tags/pharma">pharmaceuticals</category>
 <category domain="http://www.fiercebiotech.com/tags/roch-doliveux">Roch Doliveux</category>
 <category domain="http://www.fiercebiotech.com/tags/ucb">UCB</category>
 <pubDate>Thu, 24 Apr 2008 06:59:58 -0400</pubDate>
 <dc:creator />
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<item>
 <title>C&amp;L:  Wells named Biovail CEO</title>
 <link>http://www.fiercebiotech.com/story/cl-wells-named-biovail-ceo/2008-04-23?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;P&gt;
&lt;IMG border=&quot;0&quot; width=&quot;250&quot; src=&quot;http://static.fiercemarkets.com/public/newsletter/assets/chutesandladders.gif&quot; height=&quot;52&quot; /&gt;&lt;/p&gt;
&lt;P&gt;Biovail has named &lt;B&gt;William Wells&lt;/b&gt;, Loblaw Cos. Ltd.&#039;s chief financial officer, as its new chief executive, replacing Douglas Squires, who will become Biovail&#039;s chairman.&lt;/p&gt;
&lt;P&gt;ARUP Laboratories co-founder &lt;B&gt;Carl R. Kjeldsberg&lt;/b&gt;, MD, will retire as chief executive officer at the end of June 2009.&lt;/p&gt;
&lt;P&gt;Bioniche Life Sciences announced late last week that its chairman, &lt;B&gt;Hy Isenbaum&lt;/b&gt;, has died.&lt;/p&gt;
&lt;P&gt;DUSA Pharmaceuticals announced that the role of &lt;B&gt;D. Geoffrey Shulman&lt;/b&gt;, MD, chairman of the board and chief strategic officer, is expected to change as a result of a serious health condition.&lt;/p&gt;
&lt;P&gt;US Oncology&#039;s CFO &lt;B&gt;Rick McCook&lt;/b&gt; is resigning to explore opportunities in a retail or manufacturing business.&lt;/p&gt;
&lt;P&gt;MannKind Corporation announced that &lt;B&gt;Matthew J. Pfeffer&lt;/b&gt; will join the company as corporate vice president and CFO, effective April 21.&lt;/p&gt;
&lt;P&gt;Gilead Sciences announced that &lt;B&gt;Robin L. Washington&lt;/b&gt; will join the company in May 2008 as senior vice president and chief financial officer.&lt;/p&gt;
&lt;P&gt;Medicago announced the return of &lt;B&gt;Pierre Labb&amp;eacute;&lt;/b&gt; as chief financial officer on a full-time basis.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Advanced Life Sciences Holdings says that &lt;B&gt;R. Richard Wieland II&lt;/b&gt;, executive vice president and chief financial officer, has resigned to pursue other opportunities.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;BioReliance Corporation has named &lt;B&gt;John Ludwig Kolman&lt;/b&gt;, PhD, senior director, research and development.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Eisai has named &lt;B&gt;Robert Laverty&lt;/b&gt; to the newly created position of vice president of U.S. communications.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Speedel has named &lt;B&gt;Dr. Harald Schafer&lt;/b&gt; the new head of corporate communications and investor relations.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Encorium Group announced the resignation of &lt;B&gt;Lawrence R. Hoffman&lt;/b&gt;, the company&#039;s chief financial officer, effective May 2.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;ProGenTech has made several executive management appointments. They are:&lt;STRONG&gt; Dr. Paul Richardson&lt;/strong&gt;, vice president for R&amp;amp;D; &lt;B&gt;Dr. Jesus Ching&lt;/b&gt;, chief scientist; &lt;B&gt;Sarah Wenning&lt;/b&gt;, VP of U.S. operations; &lt;B&gt;Dylan Bird&lt;/b&gt;, director of business development; &lt;B&gt;David Hu&lt;/b&gt;, VP of engineering.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Zogenix has named &lt;B&gt;Cynthia &quot;Candy&quot; Robinson&lt;/b&gt; as chief development officer and &lt;B&gt;Mark Thompson&lt;/b&gt; as vice president, sales and managed markets.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Addex Pharmaceuticals has named &lt;B&gt;Laurent Massuyeau&lt;/b&gt; as head of business development.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Spherix named &lt;B&gt;Randy Brown&lt;/b&gt; as chief of operations.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Ovation Pharmaceuticals has named &lt;B&gt;Samuel Yonren&lt;/b&gt;, M.D. as vice president, patient safety with responsibility for global drug safety for all Ovation products.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Migenix has appointed &lt;B&gt;Pieter Dorsman&lt;/b&gt; to its board of directors.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;VIVUS has named &lt;B&gt;Charles J. Casamento&lt;/b&gt; to the board of directors.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Resolvyx Pharmaceuticals has named &lt;B&gt;Timothy J. Barberich&lt;/b&gt; and &lt;B&gt;George M. Milne, Jr&lt;/b&gt;., Ph.D, to the board of directors.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Avexa Ltd has named &lt;B&gt;Nathan Drona&lt;/b&gt; a non-executive director of the company.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Introgen Therapeutics has appointed &lt;B&gt;Robert &quot;Bob&quot; Pearson&lt;/b&gt; to its board of directors.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Edwards Lifesciences announced that &lt;B&gt;Vernon R. Loucks Jr&lt;/b&gt;. is retiring from the company&#039;s board of directors.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Oncolin Therapeutics has added &lt;B&gt;Sandra Silberman&lt;/b&gt;, M.D., Ph.D. to its Scientific Advisory Board.&lt;/p&gt;

</description>
 <comments>http://www.fiercebiotech.com/story/cl-wells-named-biovail-ceo/2008-04-23#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/advanced-life-sciences-0">Advanced Life Sciences</category>
 <category domain="http://www.fiercebiotech.com/tags/bioniche-life-sciences-0">Bioniche Life Sciences</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/gilead-sciences">Gilead Sciences</category>
 <category domain="http://www.fiercebiotech.com/tags/speedel">Speedel</category>
 <pubDate>Wed, 23 Apr 2008 06:59:52 -0400</pubDate>
 <dc:creator />
 <guid isPermaLink="false">23744 at http://www.fiercebiotech.com</guid>
</item>
<item>
 <title>Biovail picks Wells as CEO</title>
 <link>http://www.fiercebiotech.com/story/biovail-picks-wells-as-ceo/2008-04-21?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;
Canadian drugmaker Biovail has named a new chief to take the reigns from interim CEO Douglas Squires. William Wells has been appointed Biovail&#039;s new CEO, effective May 1, 2008. He&#039;s been on the company&#039;s board since 2005, and has been lead director since June 2007. The company has been in search of a permanent CEO since last year after Biovail&#039;s founder and chief Eugene Melnyk (&lt;a href=&quot;http://www.fiercebiotech.com/pages/biovail-founder-eugene-melnyk&quot;&gt;photo&lt;/a&gt;) retired while being investigated for accounting fraud.
&lt;/p&gt;
&lt;p&gt;
&amp;quot;Biovail is a great company with outstanding potential to deliver enhanced value for its shareholders. I look forward to executing the Company&#039;s new strategic plan, which is currently being developed by the Board and management,&amp;quot; Wells said in a statement. No word yet on when we&#039;ll see the details of that plan. 
&lt;/p&gt;
&lt;p&gt;
- here&#039;s the &lt;a href=&quot;http://www.fiercebiotech.com/press-releases/william-m-wells-appointed-chief-executive-officer&quot;&gt;release&lt;/a&gt;&lt;br /&gt;
- read the &lt;em&gt;WSJ&lt;/em&gt; &lt;a href=&quot;http://online.wsj.com/article/SB120878111165030957.html?mod=googlenews_wsj&quot;&gt;report&lt;/a&gt;
&lt;/p&gt;
&lt;p&gt;
&lt;strong&gt;Related Articles:&lt;br /&gt;
&lt;/strong&gt;Melnyk slams Biovail board, calls for change. &lt;a href=&quot;http://www.fiercebiotech.com/story/melnyk-slams-biovail-board-calls-for-change/2008-02-29&quot;&gt;Melnyk report&lt;/a&gt;&lt;br /&gt;
Biovail drug launch draws feds&#039; scrutiny. &lt;a href=&quot;http://www.fiercepharma.com/story/biovail-drug-launch-draws-feds-scrutiny/2008-02-01&quot;&gt;Biovail report&lt;/a&gt;&lt;br /&gt;
Biovail shares sink after FDA schedules review. &lt;a href=&quot;http://www.fiercebiotech.com/story/biovail-shares-sink-after-fda-schedules-review/2007-11-20&quot;&gt;Biovail report&lt;/a&gt;&lt;br /&gt;
FDA hands Biovail a non-approval letter. &lt;a href=&quot;http://www.fiercebiotech.com/story/fda-hands-biovail-non-approval-letter/2007-07-20&quot;&gt;FDA report&lt;/a&gt;&lt;br /&gt;
Biovail&#039;s Melnyk to step down amid SEC probe. &lt;a href=&quot;http://www.fiercebiotech.com/story/chutes-ladders-biovail-s-melnyk-to-step-down-amid-sec-probe/2007-05-16&quot;&gt;Melnyk report&lt;/a&gt;
&lt;/p&gt;
</description>
 <comments>http://www.fiercebiotech.com/story/biovail-picks-wells-as-ceo/2008-04-21#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/bill-wells">Bill Wells</category>
 <category domain="http://www.fiercebiotech.com/tags/biovail">Biovail</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/douglas-squires">Douglas Squires</category>
 <category domain="http://www.fiercebiotech.com/tags/eugene-melnyk-0">Eugene Melnyk</category>
 <pubDate>Mon, 21 Apr 2008 06:59:57 -0400</pubDate>
 <dc:creator />
 <guid isPermaLink="false">23505 at http://www.fiercebiotech.com</guid>
</item>
<item>
 <title>Wyeth, ViroPharma drops Hep C drug</title>
 <link>http://www.fiercebiotech.com/story/wyeth-viropharma-drops-hep-c-drug/2008-04-17?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;p&gt;
After observing serious safety problems in a Phase II trial, Wyeth and ViroPharma are dropping development of HCV-796. In August the companies halted study of the drug when the data showed elevated liver enzyme levels in some patients after eight weeks or more of therapy with HCV-796. Two study subjects experienced serious adverse events and dropped out of the trial. The decision to abandon HVC-796 wasn&#039;t a surprise to Wall Street, and analysts don&#039;t anticipate the move will have a big impact on ViroPharma&#039;s stock.
&lt;/p&gt;
&lt;p&gt;
&amp;quot;Clearly, this is a disappointing outcome for patients suffering from this difficult disease,&amp;quot; commented Vincent Milano, ViroPharma&#039;s president and chief executive officer. &amp;quot;Significant activities were undertaken to determine a clear path forward for HCV-796; however, the risk associated with potential hepatotoxicity ultimately posed too high of a hurdle to merit further development.&amp;quot;
&lt;/p&gt;
&lt;p&gt;
- check out the &lt;a href=&quot;http://www.fiercebiotech.com/press-releases/viropharma-announces-discontinuation-hcv-796-development&quot;&gt;release&lt;/a&gt;&lt;br /&gt;
- read the &lt;a href=&quot;http://www.chron.com/disp/story.mpl/ap/fn/5708296.html&quot;&gt;report&lt;/a&gt; for more
&lt;/p&gt;
&lt;p&gt;
&lt;strong&gt;Related Articles:&lt;br /&gt;
&lt;/strong&gt;ViroPharma, Wyeth halt HCV study. &lt;a href=&quot;http://www.fiercebiotech.com/story/viropharma-wyeth-halt-hcv-study/2007-08-10&quot;&gt;HVC report&lt;/a&gt;&lt;br /&gt;
ViroPharma&#039;s HCV drug shows promise. &lt;a href=&quot;http://www.fiercebiotech.com/story/spotlight-viropharma-s-hcv-drug-shows-promise/2005-11-10&quot;&gt;ViroPharma report&lt;/a&gt;&lt;br /&gt;
Wyeth buying ViroPharma shares. &lt;a href=&quot;http://www.fiercebiotech.com/story/spotlight-wyeth-buying-viropharma-shares/2006-08-14&quot;&gt;Wyeth report&lt;/a&gt;
&lt;/p&gt;
</description>
 <comments>http://www.fiercebiotech.com/story/wyeth-viropharma-drops-hep-c-drug/2008-04-17#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/drug-safety">Drug Safety</category>
 <category domain="http://www.fiercebiotech.com/tags/hvc-796">HVC-796</category>
 <category domain="http://www.fiercebiotech.com/tags/phase-ii">Phase II</category>
 <category domain="http://www.fiercebiotech.com/tags/viropharma">Viropharma</category>
 <category domain="http://www.fiercebiotech.com/tags/wyeth-pharmaceuticals">Wyeth</category>
 <pubDate>Thu, 17 Apr 2008 06:59:54 -0400</pubDate>
 <dc:creator />
 <guid isPermaLink="false">23305 at http://www.fiercebiotech.com</guid>
</item>
<item>
 <title>C&amp;L:  Chemokine names new CEO</title>
 <link>http://www.fiercebiotech.com/story/cl-chemokine-names-new-ceo/2008-04-16?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;P&gt;
&lt;IMG border=&quot;0&quot; width=&quot;250&quot; src=&quot;http://static.fiercemarkets.com/public/newsletter/assets/chutesandladders.gif&quot; height=&quot;52&quot; /&gt;&lt;/p&gt;
&lt;P&gt;With its lead program poised to begin a Phase II study, Chemokine Therapeutics has named &lt;STRONG&gt;Walter Korz&lt;/strong&gt; as its new president and CEO. Korz succeeds Bashir Jaffer who held the position as CEO on an interim basis since December 2007. Jaffer will continue to serve the company as chief financial officer. &lt;A href=&quot;http://money.cnn.com/news/newsfeeds/articles/marketwire/0387339.htm&quot;&gt;Report&lt;/a&gt;&lt;/p&gt;
&lt;P&gt;Pharmacopeia said president and CEO &lt;STRONG&gt;Leslie Browne&lt;/strong&gt; has resigned &quot;to pursue other interests.&quot; Chairman &lt;STRONG&gt;Joseph Mollica&lt;/strong&gt; has been appointment interim president and chief executive until a successor is named.&lt;/p&gt;
&lt;P&gt;Aeterna Zentaris president and chief executive officer &lt;STRONG&gt;David Mazzo&lt;/strong&gt; has resigned.&lt;/p&gt;
&lt;P&gt;ArQule has appointed &lt;STRONG&gt;Paolo Pucci&lt;/strong&gt; as chief executive officer and a member of the company&#039;s board of directors, effective June 9, 2008. Pucci succeeds Dr. &lt;STRONG&gt;Stephen Hill&lt;/strong&gt;, who joined Solvay Pharmaceuticals as president and chief executive officer.&lt;/p&gt;
&lt;P&gt;OncoVista Innovative Therapies has appointed &lt;STRONG&gt;Wolfram Rodatz&lt;/strong&gt; as the new chief executive officer of AdnaGen. &lt;/p&gt;
&lt;P&gt;Metabolex announced that &lt;STRONG&gt;Donald Hill&lt;/strong&gt; has joined the company as chief financial officer.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Taro Pharmaceutical Industries announced that &lt;STRONG&gt;Ron Kolker,&lt;/strong&gt; C.P.A., has been appointed to the position of senior vice president, chief financial officer.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Endo Pharmaceuticals Holdings has hired&lt;STRONG&gt; Ivan Gergel&lt;/strong&gt;, M.D., as executive vice president, research and development.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Galapagos NV named &lt;STRONG&gt;Dr. Piet Wigerinck&lt;/strong&gt; senior vice president of development.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Adolor Corporation named &lt;STRONG&gt;Eliseo Oreste Salinas&lt;/strong&gt;, MD, MSc, as senior vice president research and development and chief medical officer.&amp;nbsp;&lt;/p&gt;
&lt;P&gt;Amarillo Biosciences announced that &lt;STRONG&gt;Peter Mueller&lt;/strong&gt;, Ph.D. has been appointed chief operating officer and director of research. &lt;/p&gt;
&lt;P&gt;BioSante Pharmaceuticals announced the appointment of &lt;STRONG&gt;Michael Snabes&lt;/strong&gt;, M.D., Ph.D. as vice president, clinical development.&lt;/p&gt;
&lt;P&gt;Octagon Research Solutions has named &lt;STRONG&gt;John Rogers&lt;/strong&gt; as director, Process Solutions.&lt;/p&gt;
&lt;P&gt;Calibrant Biosystems announced the appointment of &lt;STRONG&gt;Dr. Satya Saxena&lt;/strong&gt; as its vice-president of research.&lt;/p&gt;
&lt;P&gt;Affymax named &lt;STRONG&gt;Carol Francisco&lt;/strong&gt;, Ph.D. vice president, biostatistics and data management.&lt;/p&gt;
&lt;P&gt;VioQuest Pharmaceuticals named &lt;STRONG&gt;Vernon Alvarez&lt;/strong&gt;, Ph.D., vice president, research and development.&lt;/p&gt;
&lt;P&gt;Genelabs Technologies declared on 14 April that&lt;STRONG&gt; Amy Patick&lt;/strong&gt; PhD has been named by the company as vice president for biological sciences.&lt;/p&gt;
&lt;P&gt;ADVENTRX Pharmaceuticals has appointed &lt;STRONG&gt;Jose Hechavarria&lt;/strong&gt; to the new position of vice president of manufacturing.&lt;/p&gt;
&lt;P&gt;Geneva Bioinformatics named &lt;STRONG&gt;Mark Pitman&lt;/strong&gt; sales and business director, North America.&lt;/p&gt;
&lt;P&gt;NextGen Bioscience said it appointed &lt;STRONG&gt;William Stimson&lt;/strong&gt; of Scotland to its International Scientific Advisory Board.&lt;/p&gt;
&lt;P&gt;Adnavance Technologies has appointed &lt;STRONG&gt;Kenneth Buechler, &lt;/strong&gt;Ph.D., to its board of directors.&lt;/p&gt;Tengion has appointed &lt;STRONG&gt;David Holveck&lt;/strong&gt; to its board of directors.

</description>
 <comments>http://www.fiercebiotech.com/story/cl-chemokine-names-new-ceo/2008-04-16#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/chemokine-therapeutics">Chemokine Therapeutics</category>
 <category domain="http://www.fiercebiotech.com/tags/leslie-browne">Leslie Browne</category>
 <category domain="http://www.fiercebiotech.com/tags/solvay-pharmaceuticals-0">Solvay Pharmaceuticals</category>
 <pubDate>Wed, 16 Apr 2008 06:59:52 -0400</pubDate>
 <dc:creator />
 <guid isPermaLink="false">23188 at http://www.fiercebiotech.com</guid>
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<item>
 <title>C&amp;L:  Bethune tapped as interim Zila CEO</title>
 <link>http://www.fiercebiotech.com/story/cl-bethune-tapped-as-interim-zila-ceo/2008-04-02?utm_medium=rss&amp;utm_source=rss&amp;cmp-id=OTC-RSS-FB0</link>
 <description>&lt;P&gt;
&lt;IMG border=&quot;0&quot; width=&quot;250&quot; src=&quot;http://static.fiercemarkets.com/public/newsletter/assets/chutesandladders.gif&quot; height=&quot;52&quot; /&gt;&lt;/p&gt;
&lt;P&gt;Zila Chairman &lt;STRONG&gt;David Bethune&lt;/strong&gt; is taking on the role of acting CEO. That post has been empty since last June, when &lt;STRONG&gt;Doug Burkett&lt;/strong&gt; left the job.&lt;/p&gt;
&lt;P&gt;Barr Pharmaceuticals announced the following promotions: &lt;STRONG&gt;Christine Mundkur&lt;/strong&gt;, Esq. has been named CEO of Barr Laboratories; &lt;STRONG&gt;Fred Wilkinson&lt;/strong&gt; has been named CEO of Duramed Pharmaceuticals; &lt;STRONG&gt;Mike Bogda&lt;/strong&gt; has been named president and COO, Barr Laboratories; &lt;STRONG&gt;Timothy Sawyer&lt;/strong&gt; has been named executive vice president, global generic sales and marketing, Barr Laboratories; and &lt;STRONG&gt;Bill McKee&lt;/strong&gt;, executive vice president and chief financial officer, Barr Pharmaceuticals, will assume expanded responsibilities.&lt;/p&gt;
&lt;P&gt;Cytovance has selected Atlanta biotech executive &lt;STRONG&gt;Darren Head&lt;/strong&gt; as chief executive officer.&lt;/p&gt;
&lt;P&gt;ImClone Systems has appointed &lt;STRONG&gt;Kenneth Zuerblis&lt;/strong&gt; as senior vice president and chief financial officer.&lt;/p&gt;
&lt;P&gt;Addex Pharmaceuticals announced that &lt;STRONG&gt;Mark Epping-Jordan,&lt;/strong&gt; chief scientific officer, has resigned for personal reasons and will leave the company in mid-2008.&lt;/p&gt;
&lt;P&gt;Neurobiological Technologies has named &lt;STRONG&gt;Matthew Loar&lt;/strong&gt; chief financial officer.&lt;/p&gt;
&lt;P&gt;NitroMed announced the resignation of &lt;STRONG&gt;James Ham&lt;/strong&gt; as NitroMed&#039;s vice president, chief financial officer, treasurer and secretary.&lt;/p&gt;
&lt;P&gt;EKR Therapeutics has made the following additions to its senior management: &lt;STRONG&gt;Ernie Biczak&lt;/strong&gt;, M.D. as senior vice president of marketing, &lt;STRONG&gt;Dave Iwanicki&lt;/strong&gt; as senior vice president of commercial operations, and &lt;STRONG&gt;Stephen Hulse&lt;/strong&gt;, R.Ph. as vice president of sales. Additionally, &lt;STRONG&gt;Tong Zhang&lt;/strong&gt;, Ph.D. has been promoted to vice president of business development.&lt;/p&gt;
&lt;P&gt;Catalent Pharma Solutions has named &lt;STRONG&gt;Matthew Walsh&lt;/strong&gt; as senior vice president, finance and chief financial officer.&lt;/p&gt;
&lt;P&gt;PPD has appointed &lt;STRONG&gt;Mike Wilkinson&lt;/strong&gt;, Ph.D., as executive vice president of global clinical development.&lt;/p&gt;
&lt;P&gt;ExonHit Therapeutics announced that &lt;STRONG&gt;Matthew Pando&lt;/strong&gt;, Ph.D., and &lt;STRONG&gt;John Jaskowiak&lt;/strong&gt; joined the management board. &lt;STRONG&gt;Philippe Rousseau&lt;/strong&gt; was named president of the management board, until a new CEO is appointed. &lt;/p&gt;
&lt;P&gt;Agendia BV has named &lt;STRONG&gt;Richard Bender&lt;/strong&gt;, MD, FACP to the position of vice president and chief medical officer.&lt;/p&gt;
&lt;P&gt;Discovery Laboratories has hired &lt;STRONG&gt;John Wilson&lt;/strong&gt;, as vice president of sales and marketing and &lt;STRONG&gt;John Tattory&lt;/strong&gt; as vice president of finance.&lt;/p&gt;
&lt;P&gt;CardioVascular BioTherapeutics has appointed &lt;STRONG&gt;Nabil Dib&lt;/strong&gt;, M.D., M.Sc., F.A.C.C., as the principal investigator for its Phase II clinical trial in patients with severe coronary heart disease.&lt;/p&gt;
&lt;P&gt;TyRx Pharma has appointed &lt;STRONG&gt;Gary Young&lt;/strong&gt; as vice president, marketing.&lt;/p&gt;
&lt;P&gt;Cerus Corporation has named &lt;STRONG&gt;Carol Moore&lt;/strong&gt; as vice president, regulatory affairs and quality.&lt;/p&gt;
&lt;P&gt;Microbia has named &lt;STRONG&gt;Halley Gilbert&lt;/strong&gt; to the position of vice president, general counsel. &lt;/p&gt;
&lt;P&gt;AutoGenomics has appointed &lt;STRONG&gt;Dr. Laurence Demers&lt;/strong&gt;, DABCC, FACB and Eric S. Kentor to its board of directors.&lt;/p&gt;
&lt;P&gt;AspenBio Pharma has named &lt;STRONG&gt;Dr. Mark Ratain&lt;/strong&gt; as a new independent member of its board of directors.&lt;/p&gt;
&lt;P&gt;Pharmasset has named &lt;STRONG&gt;Herbert Conrad&lt;/strong&gt; as a member of the board of directors and the nominating and corporate governance committee.&lt;/p&gt;
&lt;P&gt;Nastech Pharmaceutical named &lt;STRONG&gt;Gunter Blobel&lt;/strong&gt;, M.D., Ph.D., to the Scientific Advisory Board of MDRNA, Nastech&#039;s wholly-owned subsidiary for the development of RNAi technology and therapeutics.&lt;/p&gt;

</description>
 <comments>http://www.fiercebiotech.com/story/cl-bethune-tapped-as-interim-zila-ceo/2008-04-02#comments</comments>
 <category domain="http://www.fiercebiotech.com/tags/barr-laboratories">Barr Pharmaceuticals</category>
 <category domain="http://www.fiercebiotech.com/tags/chief-executive">CEO</category>
 <category domain="http://www.fiercebiotech.com/tags/ekr-therapeutics">EKR Therapeutics</category>
 <category domain="http://www.fiercebiotech.com/tags/nitromed">Nitromed</category>
 <category domain="http://www.fiercebiotech.com/tags/zila-0">Zila</category>
 <pubDate>Wed, 02 Apr 2008 07:59:52 -0400</pubDate>
 <dc:creator />
 <guid isPermaLink="false">21986 at http://www.fiercebiotech.com</guid>
</item>
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