Bristol-Myers reveals new post-merger executive team
Bristol-Myers Squibb (NYSE: BMY) has outlined the executive team that will take the newly-enlarged firm forward after its acquisition of rival oncology specialist Celgene (Nasdaq: CELG).
The most significant revelation is that the current R&D chief, Thomas Lynch, will leave the company later in the year, with the role being divided in two.
Celgene’s research executive Rupert Vessey will take over responsibilities for drug discovery and pre-clinical testing, as well as scouting for possible pipeline acquisitions.
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