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Merrimack Pharmaceuticals

Braeburn names former Teva exec as new president, CEO | Personnel Moves – June 14, 2017

June 14, 2017 By Sarah Faulkner

Braeburn Pharmaceuticals said last week that it named Michael Derkacz as president and CEO of the buprenorphine implant-maker. Most recently, Derkacz worked as senior VP and head of global central nervous system and pain therapeutic areas for Teva Pharmaceuticals (NYSE:TEVA). Behshad Sheldon, who helped to found Braeburn in 2012, is slated to step down from Braeburn […]

Filed Under: Blog Tagged With: alexionpharmaceuticals, AstraZeneca plc, Biogen, Braeburn Pharmaceuticals, cytrx, Dicerna Pharmaceuticals, Merrimack Pharmaceuticals, Novartis, oculartherapeutix, Sanofi-Aventis, uniqure

Smith & Nephew pulls the trigger on planned CFO succession | Personnel Moves | January 20, 2017

January 20, 2017 By Brad Perriello

Smith & Nephew (NYSE:SNN) said last week that CFO Julie Brown left the orthopedics & wound care company, after announcing her succession last July. Brown was named finance chief in November 2012 and assumed the role in February the following year. She is moving on to work as chief operating & financial officer for British luxury brand […]

Filed Under: Business/Financial News Tagged With: Apollo Endosurgery, Biolase, Endologix, Fresenius, Hologic, IsoRay, Merrimack Pharmaceuticals, Personnel Moves, Presbia, Smith & Nephew, SurgaColl

Merrimack sells liposome injections to Ipsen for $575m

January 9, 2017 By Sarah Faulkner

In a deal that could earn the Cambridge, Mass.-based pharmaceutical company over $1.03 billion, Merrimack Pharmaceuticals (NSDQ:MACK) said yesterday that it is selling its liposome injection cancer drugs, Onivyde and generic Doxil, to Ipsen (EPA:IPN). Merrimack is also slashing its employee headcount down to just 80 people, after laying off 22% of its 400 employees […]

Filed Under: Mergers & Acquisitions, Oncology, Pharmaceutical, Wall Street Beat Tagged With: Ipsen, Merrimack Pharmaceuticals

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