Synergy CEO passes torch to CCO Troy Hamilton; President Steven Kafka resigns from Foundation; AbbVie vet John Leonard to helm Intellia
→ Marking a new phase for the biotech, Synergy Pharmaceuticals $SYGP announced that co-founder and Trulance co-inventor Gary Jacob is passing the CEO baton to Troy Hamilton. Joining Synergy in 2015, Hamilton was chief commercial officer and EVP, steering the launch and commercialization of Trulance. The chronic idiopathic constipation drug is right up Hamilton’s alley, as he managed the gastrointestinal unit at Shire for nine years after spending much of his career at Janssen and McNeil Specialty Products. “One of my initial areas of focus will be to work with our CFO, Gary Gemignani, and the Synergy management team to continue to refine our business plan and focus on achieving cost efficiencies throughout the company while prioritizing investments that will drive significant Trulance growth,” Hamilton said in the statement. He also made sure to thank Jacob, who will continue his involvement with the company as executive chairman of the board.
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