Former Sanofi exec becomes Madrigal's CEO

11 September 2023
madrigal-company

US clinical-stage liver disease drug developer Madrigal Pharmaceuticals (Nasdaq: MDGL) today announced that Bill Sibold has succeeded Dr Paul Friedman as the firm’s chief executive and joined Madrigal’s board of directors.

Dr Friedman, who has served as Madrigal’s CEO since 2016, will continue to serve on the board of directors of the company, which is pursuing novel therapeutics for non-alcoholic steatohepatitis (NASH).

From 2017 until joining Madrigal, Mr Sibold served as executive vice president, Specialty Care of French pharma major Sanofi (Euronext: SAN) and president, Sanofi North America. He led a global organization of around 10,000 employees across five specialty therapeutic areas (immunology, oncology, rare disease, rare blood disorders, and neurology) and served as a member of the Sanofi executive committee.

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