IBJNews

Head of Lilly's oncology unit resigning

Back to TopCommentsE-mailPrint

Eli Lilly and Co. said Tuesday morning that senior vice president John H. Johnson, president of the company's oncology unit, has resigned.

Indianapolis-based Lilly said in a press release that personal and family considerations led to Johnson's decision to leave the company. However, according to Bloomberg News, Johnson has been hired by as CEO of East Brunswick, N.J.-based biotechnology company Savient Pharmaceuticals Inc. 

Johnson’s resignation from Lilly Oncology is effective Friday. A successor will be named in the coming weeks, Lilly said.

Savient, a drug development firm that failed to find a buyer last year, named Johnson, 52, to help market its newly approved gout drug, Krystexxa. He will start at Savient on Jan. 31. Savient President Paul Hamelin, who had been leading the company, will leave after a transition period.

Lilly’s oncology research received a boost when the company purchased New York-based ImClone Systems Inc. for $6.5 billion in 2008, the largest acquisition in Lilly’s history. Johnson, ImClone’s CEO at the time, was brought on to lead Lilly’s oncology business. Previously, he headed Johnson & Johnson’s biopharmaceuticals unit.

“Given his previous post at ImClone, John has played a key role leading the integration efforts since Lilly’s acquisition,” Lilly President and CEO John Lechleiter said in a prepared statement. “He has always been a champion of serving patients and has guided the Lilly Oncology pipeline to an all-time high—one of the largest clinical-stage pipelines of potential cancer medicines in the industry.”

However, results of Lilly’s oncology efforts have been mixed lately.

In December, the company suspended a late-stage clinical trial of a medicine for skin-cancer patients after 12 patients in the study died.

And, in October, a study found that Lilly and Merck KGaA’s Erbitux drug failed to help colon cancer patients, which may leave doctors less likely to combine the drug with a certain type of chemotherapy. However, the drug was found to delay the spread of breast cancer by about two months in a study of women with a certain type of aggressive tumor.


ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Well, we could blame ABC because they haven't advertised the INDY 500....not during the HUGE TV rating shows like Dancing with the Stars (of which IICS driver Helio Castroneves is a former champion). He never won a CART championship, did he?

    We could blame the new car...because it's ugly and has a V6 that has less horsepower than the pace car. CART (to my knowledge) never had that problem with cars they presented at the speedway years 1979 through 1995.

    We could blame the fencepost, but that would be crass. Or maybe Danica? Or maybe Jean Alesi....or boost increases from constant rules tampering. Maybe we could blame Penske who still is winning everything as usual.

    Maybe we can blame the world for not understanding the the great Indy gods who regularly twist things in such ways that we mere mortals must only accept, but never question.

    So, it does beg the question....who is responsible if the series and Indy continues to flounder? Are the responsibilities so diffuse and complicated that no one really is to blame for it's fall from grace?

    I urge the speedway to sign on for 7 more years of ABC coverage and 7 more years of NBC Sports Network coverage. It been win-win so far....*cough* *cough*

  2. "They're problem was thinking they were bigger than the institution that made their existence possible. That turned out to be a mistake."

    The above quote made by Disciple shows his continued inability to grasp a simple concept: CART is dead. Twice. It provided a brilliant stage for some of the best open wheel racing in all the past century of racing. It's gone DOOD, get over it.

    PLEASE explain, Mr. Disciple of INDYCAR, why you continually hammer home, even on the eve of the 2012 Indy 500, this same point...over and over? Seriously, why does the legacy of CART haunt you so much?

    The same problems that affected the sport for over a century of AOW racing STILL affect it now. Your answers (or lack thereof) belittle the very sport you claim to love. Indy rots in your hands yet you request status quo. You negate salient points with drivel...always.

    Indy is not going to die. But, it is dying...are you willing to accept that? "Indy is a hot mess"....it's true. Yet you want it that way? What is wrong with you?

  3. I just want to make sure I am reading this right - Wellpoint is eliminating 112 employees. Wellpoint is a customer of Repucare. Repucare is creating 82 jobs. I sure hope they are hiring Wellpoint employees. Does not make sense!

  4. Triscuts...love um!

  5. Of course the fair will go on. Don't you big city reporters understand county fairs? Get outside the beltway and see what life is really like!

ADVERTISEMENT