The CEO resigned for personal reasons.
Array BioPharma has appointed board chairman Kyle Lefkoff as interim head until a permanent replacement is found. The company will seek a leader to push its products from the clinic to the market.
The biopharmaceutical firm is focused on the discovery, development and commercialisation of targeted small-molecule drugs to treat cancer and inflammatory diseases. The company has nine drugs in Phase II clinical trials and USD3.4bn (EUR2.7bn) in potential milestone payments under its partnerships.
(USD1 = EUR0.781)
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