A wobbly Biogen makes a surprise switch in the executive suite, triggering a renewed burst of M&A chatter
Right on the eve of releasing their Q2 numbers, Biogen $BIIB managed to surprise just about everyone with the news Tuesday night that CFO Jeff Capello — in the hot seat for less than 3 years — had hit the exit, with his replacement set to arrive in a couple of weeks. And speculation immediately turned to figuring out what was afoot, given the high wire act that the big biotech is currently engaged in with aducanumab.
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