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Pharma Tech Outlook | Wednesday, July 14, 2021
CinCor Pharma announces Marc de Garidel as Chief Executive Officer (CEO), effective immediately.
FREMONT, CA: CinCor Pharma, Inc. (CinCor) has announced the appointment of Marc de Garidel as Chief Executive Officer (CEO), effective immediately. He is already a member of CinCor's Board of Directors. Mr. de Garidel will succeed Jon Isaacsohn, M.D., FACC, who will continue to serve on the Company's Board of Directors as Chief Scientific Officer (CSO).
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"Marc brings deep global biopharmaceutical company experience to the executive team," said James Healey, M.D., Ph.D., Chairman of CinCors Board of Directors. "He has already made significant contributions to CinCor during his short tenure on our Board. We expect that to continue in his new role as CEO. I also want to thank Jon for his contributions as CEO and look forward to his continued insights as CSO and a fellow Board member."
Mr. de Garidel was previously the CEO of Corvidia Therapeutics, a private Boston-based cardiorenal clinical-stage business that Novo Nordisk acquired for $2.1 billion in August 2020. He served as the CEO and Chairman of Ipsen SA from 2010 to 2016, where he oversaw a significant change of the company, including a three-fold increase in market capitalization, the unveiling of the blockbuster oncology drug Somatuline Depot (lanreotide) in the United States, and the completion of the ex-US commercialization deal with Exelixis on CABOMETYX (cabozantinib). Mr. de Garidel is still the Chairman of the Board of Directors at Ipsen. Before joining Ipsen, he worked for Amgen Inc. for 15 years, first as the company's chief financial officer in Europe and then as a regional vice president for the large international south region. He started his career at Eli Lilly and Company, where he worked in sales, marketing, finance, and human resources in the United States, France, and Germany.
Mr. de Garidel also served as a member of Boards in Claris Biotherapeutics, Inc. and AZTherapies, Inc. He holds a master's degree in civil engineering from the Ecole Spciale des Travaux Publics in Paris and a master's degree in management from the Thunderbird School of Global Management and has attended the Harvard Business School's Advanced Management Program (Executive MBA). For three years, he served as the Vice President of EPFIA (European Pharma Association), and for six years, he headed the French pharma association G5. Marc de Garidel is even a French Legion of Honor recipient.
"Our lead asset, CIN-107, has the potential to be one of the most significant therapeutic advances for treating patients with hypertension and primary aldosteronism in decades," said Mr. de Garidel. "I have been impressed with the team's commitment to advancing it expeditiously through clinical development. I look forward to working with the executive team to bring CIN-107 to patients who would benefit."
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