Longtime Intercept CEO Mark Pruzanski departs as ailing NASH company tries to find its future
Mark Pruzanski, the CEO who turned “NASH” into a household name around biotech, guided his company to the precipice of a nascent field and then watched it falter in the wake of a CRL, will step down on January.
Intercept Pharmaceuticals announced Tuesday that Pruzanski, who has led the biotech since its founding, will be replaced by Jerome Durso, a longtime Sanofi executive and the COO of Intercept since 2017. Durso will take the reins of a company facing a difficult road forward, as the company tries to convince the FDA to rethink its decision to reject their lead drug for NASH, cutting the stock and forcing layoffs.
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