Amgen, Ipsen vet moves up the ladder with Coherus' anti-PD-1 awaiting PDUFA; It takes a village to replace Frank Clyburn at Merck's Human Health business
After decades in the biopharma industry, Paul Reider is now in his first C-suite role as chief commercial officer. While he has been at Coherus BioSciences since last year, he officially started his new job on Jan. 1, and it was publicly announced on Tuesday.
The appointment will place Reider right in the thicket of the biggest issues in cancer drug development. Long a player in the biosimilar world, Coherus spent $150 million last year to license a PD-1 from Shanghai’s Junshi Biosciences, joining up to three other major US companies that promised to undercut the high-priced market for PD-1 inhibitors by bringing in Chinese drugs and selling them well below the price of Keytruda or Opdivo.
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