Cambridge-based Biogen (NASDAQ: [[ticker:BIIB]]) said Friday that Tony Kinglsey, its head commercial executive, is leaving the company. John Cox, who heads Biogen’s pharmaceutical operations, is taking his place on an interim basis. The news comes amidst a tough time for Biogen, which has seen its share price slide more than 30 percent over the past few months. Kingsley is the second top Biogen executive to leave over that time—former R&D chief Doug Williams left to run a (still unnamed) cancer startup in July.
Author: Ben Fidler
Ben is former Xconomy Deputy Editor, Biotechnology. He is a seasoned business journalist that comes to Xconomy after a nine-year stint at The Deal, where he covered corporate transactions in industries ranging from biotech to auto parts and gaming. Most recently, Ben was The Deal’s senior healthcare writer, focusing on acquisitions, venture financings, IPOs, partnerships and industry trends in the pharmaceutical, biotech, diagnostics and med tech spaces. Ben wrote features on creative biotech financing models, analyses of middle market and large cap buyouts, spin-offs and restructurings, and enterprise pieces on legal issues such as pay-for-delay agreements and the Affordable Care Act. Before switching to the healthcare beat, Ben was The Deal's senior bankruptcy reporter, covering the restructurings of the Texas Rangers, Phoenix Coyotes, GM, Delphi, Trump Entertainment Resorts and Blockbuster, among others. Ben has a bachelor’s degree in English from Binghamton University.
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