Swedish firm Medivir (Nasdaq: MVIR) has announced that Uli Hacksell will replace Christine Lind as chief executive, with immediate effect, just 18 months after she took up the position.
Earlier in the year Medivir was forced to delay until 2019 a pivotal trial program for lead compound remetinostat in cutaneous T-cell lymphoma (CTCL), with US FDA negotiations ongoing over the trial design.
Another setback for the firm came late last year when Johnson & Johnson (NYSE: JNJ) terminated its licence for hepatitis C drug Olysio/Sovriad (simeprevir), deciding there wasn’t enough profit in the deal.
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