UK biopharma firm PureTech Health (LSE: PRTC) has announced the appointment of Dr Steven Paul, as chief executive of its affiliate, Karuna Pharmaceuticals.
Co-founder of Karuna and former PureTech health vice president, Andrew Miller will assume the role of chief operating officer at Karuna.
Dr Paul, who also serves as chairman of the Karuna board, brings more than three decades of neuroscience and central nervous system (CNS) drug development expertise to Karuna. Previously, he spent 17 years at Eli Lilly (NYSE: LLY), in which he held several key leadership roles, including executive vice president for science and technology and president of the Lilly Research Laboratories. He is also a co-founder and board member of Sage Therapeutics (Nasdaq: SAGE), and a co-founder of Voyager Therapeutics (Nasdaq: VYGR).
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