Paratek Pharma’s CFO Pagán to Leave for Job at an Early-Stage Biotech

Douglas Pagán, chief financial officer of Paratek Pharmaceuticals (NASDAQ: [[ticker:PRTK]]) since 2017, is resigning to take a role at an undisclosed early-stage biopharmaceutical company. Boston-based Paratek said Monday that Pagán’s last day will be April 5. He has entered into a consulting agreement through Dec. 23 to help with the transition of his responsibilities and a search is underway for a successor. Last October, the FDA approved two Paratek drugs: omadacycline (Nuzyra) for community-acquired bacterial pneumonia and sarecycline (Seysara) for moderate-to-severe acne.

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.