Spectrum CMO jumps ship as poziotinib fall-out goes on
US cancer specialist Spectrum Pharmaceuticals (Nasdaq: SPPI) has lost more than 50% of its stock market value in the past six months, and it has now lost a member of its beleaguered management team, too.
Francois Lebel, executive vice president and chief medical officer, will step down from his role to pursue other opportunities, effective immediately, the Boston firm announced Wednesday.
Spectrum’s recent woes surround poziotinib, a small molecule to which Spectrum had in-licensed exclusive rights, from Hanmi Pharmaceutical (KRX: 128940).
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