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The Pulse of the Pharmaceutical Industry

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Alexion Reports Failed Soliris Trial

Grappling with allegations of improper sales practices, Alexion Pharmaceuticals has announced a failure of a Phase II/III trial for expanded use of Soliris.

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Ophthotech Clinical Disaster Spurs Layoffs

Ophthotech is cutting up to 135 jobs following the failure of its two Phase III clinical trials combining the company’s Fovista and Genentech’s Lucentis to treat wet AMD.

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Intouch Solutions Promotes Six Chicago Employees

Intouch Solutions has announced the promotion of six employees in its Chicago office.

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AstraZeneca to Eliminate 700 U.S. Jobs

Global pharmaceutical company AstraZeneca is delivering unwanted Christmas presents in the form of pink slips to 700 employees across the United States, with about 150 being terminated in Delaware.

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Valeant appoints new CFO, new chief quality officer

Valeant appointed Paul S. Herendeen as executive VP of Finance and chief financial officer. Also, Louis W. Yu, Ph.D. joined Valeant as chief quality officer, Global Quality.

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New chairman of the board for Gamida Cell

Julian Adams, Ph.D., was appointed chairman of the board of directors at Gamida Cell Ltd.

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People on the Move: Biotech/Biopharma Companies

David A. Spiegel, M.D., Ph.D., is now CEO of Kleo Pharmaceuticals Inc.

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People on the Move: Specialty Companies

Kenneth I. Moch has been appointed president and CEO of Cognition Therapeutics Inc.

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People on the Move: Service Companies

Debra K. Bowes has joined MaxCyte Inc. as executive VP, Business and Strategic Development.

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New look, promotions at Choreo Market Access

Choreo Market Access has a new brand and two new leaders. The agency’s parent, The Healthcare Consultancy Group (HCG), announced the changes.

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