Celgene grabs more space in Cambridge; Karolinska Dev gets new CEO

→ Fast-growing Celgene is expanding its footprint in Cambridge, MA, reports the Boston Business Journal, subletting 40,000 square feet of space that had been emptied after Amgen moved staff to a new facility on Kendall Square.

Novartis has long been discontented with its big Alcon unit, reportedly considering an exit at the tight price. Now Bloomberg reports that the pharma giant engaged Bank of America to step in to “review options.”

Karolinska Development announced that Chairman Bo Jesper Hansen and CEO Jim Van heusden have decided to step down. Viktor Drvota has been promoted to CEO.

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SV Health Investors Boston, MA
Director, Program Management
Contrafect Corporation New York, NY
Director, Translational Sciences
Cadent Therapeutics Cambridge, MA

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