Jeff Capel­lo joins Bio­gen as CFO; Tesaro en­ters $500M loan agree­ment; Palatin li­cens­es fe­male li­bido drug to Ko­re­a's Kwang­don

Bio­gen has re­cruit­ed Jeff Capel­lo as CFO and ex­ec­u­tive vice pres­i­dent, fill­ing the po­si­tion a few months af­ter los­ing Paul Clan­cy to Alex­ion. Capel­lo, whose slate of pre­vi­ous em­ploy­ers spans Or­tho Clin­i­cal Di­ag­nos­tics, Boston Sci­en­tif­ic Cor­po­ra­tion and Perkin Elmer, jumps ship from Bea­con Health Op­tions, where he held the same roles. His fi­nan­cial ex­pe­ri­ence will like­ly be cru­cial for the big biotech $BI­IB as it ex­e­cutes a plan to “stream­line” op­er­a­tions.

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