Chutes and Ladders

Latest Headlines

Latest Headlines

Merck's Frazier joins top-paid pharma CEOs with a $25M package

Thanks to a big stock grant, Merck & Co.'s Kenneth Frazier vaulted to the highest echelons of pharma CEO pay last year. With a pay package valued at more than $25 million, Frazier beat out Pfizer's Ian Read and Johnson & Johnson's Alex Gorsky--even if he fell far short of Regeneron chief Len Schleifer.

Takeda names U.S. head, currently its sole female executive

Ramona Sequeira has been named president of Takeda Pharmaceutical's U.S. subsidiary, Takeda Pharmaceuticals U.S.A., reporting directly to President and CEO Christophe Weber, effective June 1. Sequeira is currently a vice president of Eli Lilly.

Valeant CEO's 2014 pay pales in comparison to new EVP's $50M-plus

Valeant Pharmaceuticals CEO J. Michael Pearson took down more than $10 million last year, including a whopping $8 million in incentive pay. But the real surprises in the company's 2015 proxy statement are farther down the chart.

Actavis chairman joins Zoetis board under deal with activist investor Ackman

Pfizer spinoff Zoetis, the animal health company, added a second director to its board under a deal it reached earlier this year with activist investor Bill Ackman and his firm Pershing Square Capital Management.

Drew Fromkin takes the helm at Langer's Blend Therapeutics

Blend Therapeutics, which was founded by Omid Farokhzad and MIT's Robert Langer, has named Drew Fromkin as its new CEO.

Kathrin Jansen to head Pfizer vaccines R&D

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 Eric Sagonowsky (email) or...

Head of Indian pricing authority pushed out after price hikes

The head of India's National Pharmaceutical Pricing Authority was removed from the job just a week after his agency allowed the prices of 509 essential drugs to increase by 3.8%. But Chairman Injeta Srinivas' removal more likely was the result of complaints from the pharma and devices industries, which objected to recent moves he made that cost them money.

Kathrin Jansen named head of Pfizer vaccine R&D

Pfizer has a new vaccines R&D head in Kathrin Jansen, who will begin at the post on June 1. Previously CSO of Pfizer's vaccine research and early development, Jansen will report to global R&D president Mikael Dolsten and work out of Pfizer's Pearl River, New York research site.

South Korea names first woman to head food and drug safety ministry

Seunghee Kim, a veteran member of South Korea's Ministry of Food and Drug Safety, has been named to become its first female minister. Kim has a pharmacology degree from Seoul National University and a doctorate in biochemistry from Notre Dame.

UPDATED: CRISPR-Cas9 pioneer starts recruiting R&D group in Cambridge hub

CRISPR Therapeutics--which was founded in Switzerland by Emmanuelle Charpentier, one of the pioneers in the field--has hired Alexion vet Bill Lundberg to head up its R&D operations in Cambridge, MA.