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	<title>Pharma Exec Blog &#187; Astra Merck</title>
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		<copyright>&#xA9;Advanstar Communications </copyright>
		<managingEditor>gkoroneos@advanstar.com (Advanstar Communications)</managingEditor>
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		<category>Pharmceuticals</category>
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		<title>Vertex Names Emmens President, Future CEO</title>
		<link>http://blog.pharmexec.com/2009/02/06/vertex-names-emmens-president-future-ceo/</link>
		<comments>http://blog.pharmexec.com/2009/02/06/vertex-names-emmens-president-future-ceo/#comments</comments>
		<pubDate>Fri, 06 Feb 2009 17:54:14 +0000</pubDate>
		<dc:creator>Cassandra Blohowiak</dc:creator>
				<category><![CDATA[People]]></category>
		<category><![CDATA[Astra Merck]]></category>
		<category><![CDATA[Hepatitis C]]></category>
		<category><![CDATA[Matthew Emmens]]></category>
		<category><![CDATA[Shire]]></category>
		<category><![CDATA[Vertex Pharmaceuticals]]></category>

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		<description><![CDATA[Vertex Pharmaceuticals Thursday appointed Matthew Emmens president, with an expected transition to CEO and chairman in May 2009, when current CEO Joshua Boger is set to retire.
Emmens, a 35-year pharma industry veteran, has been a Vertex director since 2004. He previously served as CEO of Shire plc and Astra Merck Inc., and as president for [...]]]></description>
			<content:encoded><![CDATA[<p>Vertex Pharmaceuticals Thursday appointed Matthew Emmens president, with an expected transition to CEO and chairman in May 2009, when current CEO Joshua Boger is set to retire.</p>
<p>Emmens, a 35-year pharma industry veteran, has been a Vertex director since 2004. He previously served as CEO of Shire plc and Astra Merck Inc., and as president for Merck KGaAâ€™s global prescription pharmaceuticals.</p>
<p>As Shire CEO, he expanded the company through mergers and acquisitions such as Transkaryotic Therapies Inc. in 2005, and New River Pharmaceuticals Inc. in 2007, diversifying the companyâ€™s product portfolio and quadrupling its share price.</p>
<p>With a potential blockbuster in the pipelineâ€”protease inhibitor telaprevir, currently in phase III clinical trialsâ€”Emmens will have another chance to flex his management and marketing muscles. Last November, phase II trial results showed a 52 percent SVR12 in Hepatitis C Virus (HCV) treatment-failure patients with a 24-week treatment duration, therefore reaping better results in half the time than the existing standard.</p>
<p>â€œWe have a rare opportunity to create a world-class commercial enterprise that complements Vertexâ€™s excellence in R&#038;D innovation,â€ said Emmens in a Vertex press release. â€œIn the area of hepatitis C, and also in cystic fibrosis, Vertex has the potential to transform patientsâ€™ lives and build tremendous value. Together with the employees my goal is to make this vision a reality.â€</p>
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