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Clive Meanwell gives way to new CEO as activist investor Alex Denner shakes up The Medicines Company

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Alex Denner has made his first public move at The Medicines Company since consolidating power on the board — and it’s a big one.

Clive Meanwell passing the CEO role and his board seat to Merck vet Mark Timney, leaving a position he’s occupied for the better part of the company’s 22-year history.

He’s not out entirely. In the newly-created role of chief innovation officer, he is tasked with supporting the ongoing development of inclisiran — the biotech’s experimental LDL-lowering RNAi therapy in-licensed from Alnylam.

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