Cerevel Therapeutics Taps Otsuka’s Sanchez for Chief Medical Officer

Raymond Sanchez has been appointed chief medical officer of Cerevel Therapeutics. Sanchez comes to Boston-based Cerevel from Otsuka Pharmaceutical Development and Commercialization, where he most recently served as senior vice president, global clinical development. During the last half of his 11-year tenure at Otsuka, he was also chief medical officer of Otsuka subsidiary Avanir Pharmaceuticals.

Bain Capital and Pfizer (NYSE: [[ticker:PFE]]) formed Cerevel last year to develop central nervous system disorder drugs shelved by the pharmaceutical giant. The company is preparing to start a Phase 3 study testing its lead drug in Parkinson’s disease.

Author: Frank Vinluan

Xconomy Editor Frank Vinluan is a business journalist with experience covering technology and life sciences. Based in Raleigh, he was a staff writer at the Triangle Business Journal covering technology, biotechnology and energy before joining MedCityNews.com as North Carolina bureau chief. Prior to moving to North Carolina’s Research Triangle in 2007 he held business reporting positions at The Des Moines Register and The Seattle Times. View all posts by Frank Vinluan