Chutes and Ladders

Latest Headlines

Latest Headlines

Frenchman Christophe Weber formally named CEO of Takeda, Japan's top and oldest drug company

Takeda Pharmaceutical officially announced on March 5 that President and Chief Operating Officer Christophe Weber would become chief executive officer staring April 1, replacing Yasuchika Hasegawa.

Mersana grabs a $35M round, posts ex-Millennium chief Protopapas at helm

For more than a year now, NEA general partner David Mott has helmed Mersana Therapeutics, a Cambridge, MA-based biotech that has been working on next-gen antibody-drug conjugates. But this morning he's handing the reins over to longtime biotech vet Anna Protopapas (while remaining chairman) after organizing a $35 million B round that will be announced later this morning.

Viehbacher joins PureTech board in first post-Sanofi venture

Welcome to this week's Chutes and Ladders, our roundup of hirings and retirings throughout the industry.

Brandicourt's departure piles on the exec shuffling at Bayer

With the hire of Bayer's Olivier Brandicourt as its new CEO, Sanofi will fill the hole it created when it ousted helmsman Chris Viehbacher nearly four months ago. But that means another leadership change is afoot at Brandicourt's current company, which is already in the middle of plenty of shuffling at the top.

Ariad activists strike up proxy fight to replace CEO Berger

Let the proxy fight begin. Activist hedge fund and major Ariad Pharmaceuticals shareholder Sarissa Capital has its own ideas for who it wants in the company's CEO chair--and it's not current helmsman Harvey Berger.

Sanofi's CEO search leads to Brandicourt

Welcome to this week's Chutes and Ladders, our roundup of hirings and retirings throughout the industry. Please send the good word--or the bad--from your shop to Michael Gibney (email | Twitter)...

Sanofi makes it official--Brandicourt is its man

Sanofi confirmed the rumors today, naming Paris-trained Olivier Brandicourt its new CEO. Brandicourt, who the French drugmaker stole away from the top pharma spot at Bayer HealthCare, will assume the mantle on April 2.

Boehringer's sales slide triggers job-chopping in Connecticut

Boehringer Ingelheim's global restructuring--prompted by the German pharma's sales struggle--is now manifesting itself in Connecticut, where the company is laying off staffers in Ridgefield.

Low-profile biotech gets $30M, new CEO and new home for PhIII atrial fib effort

A low-profile biotech in Cleveland landed a $30 million B round with the help of a new group of prominent venture backers and has been given a new CEO, a new home in La Jolla and a continuing mission to develop a drug for atrial fibrillation that has quietly moved to the threshold of a Phase III program.

Glaxo's Connelly bows out amid scramble to turn around U.S. business

GlaxoSmithKline's sputtering U.S. sales gave the company a black eye with investors. Now, the company's U.S. chief is stepping down. Deirdre Connelly is out the door, the company told employees on Tuesday, with SVP Jack Bailey rising to take her place.