Ameet Mallik, Rafael Holdings CEO

Rafael Hold­ings guts its top lead­er­ship, in­clud­ing short-tenured CEO, as can­cer fi­as­co spurs a shake­up

Ameet Mallik left No­var­tis to claim the CEO spot at Rafael Hold­ings back in May, tak­ing the reins from founder Howard Jonas. Now — one month af­ter a stock-crush­ing piv­otal fail­ure in pan­cre­at­ic can­cer that sent Rafael’s team back to the draw­ing board — Mallik is tak­ing off for green­er pas­tures.

Mallik will hand his chief ex­ec­u­tive re­spon­si­bil­i­ties back to Jonas on Feb. 1 as part of an over­haul that’s set to shake up the high­est rungs of the com­pa­ny, Rafael an­nounced Mon­day.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.