close

Agreements

Date: 2016-01-04

Type of information: Nomination

Compound:

Company: Amag Pharmaceuticals (USA - MA)

Therapeutic area:

Type agreement:

nomination

Action mechanism:

Disease:

Details:

* On January 4, 2016, AMAG Pharmaceuticals announced the appointment of Nicholas (Nik) Grund as executive vice president and chief commercial officer of the company. In this newly created role, Mr. Grund will be responsible for AMAG’s integrated commercial strategy and execution across the company’s product portfolio. In addition to Mr. Grund’s appointment, the company announced additional key commercial leadership changes. Paul Williams has been appointed to lead the company’s maternal health commercial functions, which includes management of the company’s 100-person field force focused on educating obstetricians throughout the country about Makena® (hydroxyprogesterone caproate injection) and umbilical stem cell storage services. Todd Van Horn has been named general manager, Cord Blood Registry® (CBR®) and senior vice president of the company’s consumer sales and marketing teams. Todd and his team will focus on driving growth for the CBR business while leveraging the consumer marketing and sales capabilities across AMAG’s other products. Ken Wilson, former head of Lumara Health, and Geoffrey Crouse, former head of CBR, will be transitioning out of the company.

Mr. Grund brings to AMAG more than 20 years of commercial leadership experience in the biopharmaceutical industry, including several global senior-level executive roles in sales and marketing. He joins AMAG from Genzyme Corporation, a Sanofi Company, where he spent the past 13 years in business leadership roles, most recently as the leader of the company’s rare disease and multiple sclerosis franchises in Asia Pacific and Canada. Mr. Grund joined Genzyme from Bayer Diagnostics where he progressed through a number of senior finance roles in the Critical Care Business Unit from 1995 to 2002. Mr. Grund holds a bachelor of science degree in business administration from the University of Massachusetts and a master of business administration from Northeastern University.

Mr. Williams joined AMAG with more than 25 years of sales and marketing experience as part of the company’s acquisition of Lumara Health in November 2014. As vice president of the women’s healthcare division and commercial operations of Lumara Health, he led the build-out and re-launch of the company’s product portfolio in anti-infectives and hormone replacement therapy. Prior to joining Lumara Health, Mr. Williams served as senior vice president and general manager of a division of Actavis, Inc. Prior to Actavis, Mr. Williams held positions of increasing sales and marketing responsibility at Medimmune LLC, a member of the AstraZeneca Group, and Centocor, Inc., a Johnson & Johnson Company. Mr. Williams holds a bachelor of science degree in finance from Virginia Polytechnic Institute and State University.

Mr. Van Horn joined AMAG as part of the company’s recent acquisition of CBR. He most recently served as vice president at CBR overseeing its business intelligence team and all business development activities, strategic partnerships, mergers and acquisitions, and collaborations. Prior to joining CBR, he served as a principal at Linden Capital Partners, a healthcare and life sciences-focused private equity firm where he served as a board director or observer on several portfolio companies. Prior to Linden, Mr. Van Horn was a principal and founding member of Healthcare Investment Partners, a growth equity healthcare fund, and began his career in the healthcare investment banking group at Credit Suisse First Boston. Mr. Van Horn holds a bachelor of science degree in molecular, cell and developmental biology from the University of California and a master of business administration from the Kellogg School of Management.

Financial terms:

Latest news:

Is general: Yes