Replies to post #2266 on Spectrum Pharmaceutecals Inc (SPPI)

[antihama]

Could it be we got ourselves a CMO? I doubt it but yesterday I posted

Do we get an an announcement sometime in the immediate future that they hired somebody? Does the 'new' CMO need to sort things out at his old job before they can announce the hire?

And then I read this today

Andrew Cheng, M.D., Ph.D., is set to leave Gilead six months after being appointed CMO. Cheng’s swift exit keeps the revolving door spinning at the top of Gilead, which is set to lose its CEO, CMO, CSO and executive chairman over a nine-month window.

Gilead named Cheng as CMO in March, 19 years after he joined the company. Cheng started out as the leader of Gilead’s development-stage HIV programs and went on to take on more responsibilities in 2009. Gilead promoted Cheng to an EVP post in 2015 before bumping him up to the CMO chair in March.

Now, Cheng is set to step down to take up an as-yet-unnamed opportunity. Cheng will stick around until September to help with the transition, after which he will leave and presumably later pop up at a new employer.

I highly doubt he's taking the Spectrum job but

"C'est la vie", say the old folks. It goes to show you never can tell

:)

https://www.fiercebiotech.com/biotech/andrew-cheng-to-quit-gilead-6-months-after-taking-cmo-post?mkt_tok=eyJpIjoiTTJZNFpHTmhNVEJtTlRkaiIsInQiOiIzRWNucU9yMlwvQ290blwvQzVVTFdiVXFHWnBlTkFVRmZtaXRsY2FZVjZ5UUF1RlNianRGS3haQ2FIWld4MGNLME5rQ0JNdzRJdW95TGlkcmJoZm5EV1U0RjhoXC9nQ1NWNHdoNW93VFhyZUNOZHltZjVmY0hsREJXZTk4dU1CZ3VLNyJ9&mrkid=899996