close

Agreements

Date: 2015-12-11

Type of information: Nomination

Compound:

Company: Intercept Pharmaceuticals (USA - NY)

Therapeutic area:

Type agreement:

nomination

Action mechanism:

Disease:

Details:

* On December 11, 2015, Intercept Pharmaceuticals announced the election of Gino Santini and Daniel Welch to its Board of Directors. Messrs. Santini and Welch were elected to Intercept\'s Board of Directors at the 2015 Annual Meeting of Stockholders held on November 24, 2015 .

Mr. Santini was formerly Senior Vice President, Corporate Strategy and Business Development, Eli Lilly and Company. Mr. Santini held a variety of commercial and operational roles at Eli Lilly, serving most recently as Senior Vice President, Corporate Strategy and Business Development, where he led corporate strategy and long-range planning, mergers and acquisitions, new product licensing and the expansion of Lilly Ventures in the United States and China . Mr. Santini also previously served as President, U.S. Operations with full P&L responsibility over Eli Lilly\'s U.S. business which he led through successful approval and launch of seven products, including Actos®, Alimta® and Cialis®. He currently serves on the Board of Directors of several public biopharmaceutical companies, including AMAG Pharmaceuticals, Inc., Collegium Pharmaceuticals, Inc. , Horizon Pharma plc, and Vitae Pharmaceuticals, Inc. Mr. Santini also serves as a director for several private biopharmaceutical companies. Mr. Santini holds an undergraduate degree in mechanical engineering from the University of Bologna and an M.B.A. from the Simon School of Business , University of Rochester .

Mr. Welch is Executive Partner, Sofinnova Ventures and former Chairman, Chief Executive Officer and President of InterMune , which was listed on the Nasdaq Stock Market until being acquired by Roche. During his tenure, InterMune secured registration of Esbriet® in Europe and subsequently the United States , the first medicine approved for idiopathic pulmonary fibrosis, successfully launching the product in Europe in 2011 and setting the stage for its successful launch in the US by Roche in 2014. Prior to InterMune, Mr. Welch served as Chairman and Chief Executive Officer of Triangle Pharmaceuticals, Inc. , a pharmaceutical company which was acquired by Gilead Sciences. Previously, he also served as President of the pharmaceutical division of Elan Corporation, PLC and in various senior management roles at Sanofi-Synthelabo (now Sanofi S.A. ). During his time at Sanofi, he led the worldwide launches of Plavix®, Eloxatin® and Avapro® as Vice President of Worldwide Marketing and served as Chief Operating Officer of the U.S. business. Mr. Welch currently serves on the Board of Directors of Ultragenyx Pharmaceutical Inc. (where he serves as the Chairman of the Board) and Seattle Genetics, Inc. Mr. Welch holds a B.S. from the University of Miami and an M.B.A. from the University of North Carolina .

Financial terms:

Latest news:

Is general: Yes