CEO of Sanford-Burnham Resigns for Job in the Pharmaceutical Industry

Wednesday, February 13, 2013

By George F. Indest, J.D., M.P.A., LL.M., Board Certified by The Florida Bar in Health Law

Sanford-Burnham Medical Research Institute announced on January 14, 2013, that John C. Reed, M.D., Ph.D., has resigned as Chief Executive Officer (CEO). According to a press release from Sanford-Burnham, Dr. Reed accepted the position of Head of Roche Pharma Research and Early Development and member of the Corporate Executive Committee. Kristiina Vuori, M.D., Ph.D., president of Sanford-Burnham, will lead in the interim.

Click here to read the press release from Sanford-Burnham.


Dr. Reed’s Accomplishments at Sanford-Burnham.

Under Dr. Reed’s leadership, Sanford-Burnham, which is located in La Jolla, California, opened a second research campus in the Medical City of Lake Nona, Florida, in 2009. In addition, the institute ranked number one worldwide for scientific impact in the field of biology and biochemistry from 1999-2009. It also became the third largest recipient of National Institutes of Health (NIH) funding among all laboratory research-based organizations in the nation, and second most efficient in innovation.

Dr. Reed will remain an adjunct professor appointment for Sanford-Burnham.


Interim CEO at Sanford-Burnham.

Dr. Kristiina Vuori is currently the president of Sanford-Burnham. She was appointed to the facility in 1996, moved to director of Sanford-Burnham’s National Cancer Institute (NCI)-designated Cancer Center in 2006, and has been the institute’s president since 2010. According to Sanford-Burnham, her research focuses on understanding the molecular mechanisms of cancer metastasis in order to find methods to prevent this process.


Plans for Growth Continue at the Institute.

According to the Orlando Sentinel, Bernie Machen, the University of Florida president and Sanford-Burnham board member, said that the board is comfortable with the transition. He also said that a 10-year strategic plan that focuses on moving forward with drug discovery and translational research will continue.

Click here to read the entire article from the Orlando Sentinel.


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Comments?

What do you think of Dr. Reed stepping down as CEO? What do you think of the interim CEO? Do you think it will have any affect on the Lake Nona facility? Please leave any thoughtful comments below.

Sources:

Stone, Ian. "John C. Reed M.D., Ph.D., Resigns as Sanford-Burnham CEO to Accept Position at Roche." Beaker Sanford-Burnham. (January 14, 2013). From: http://beaker.sanfordburnham.org/2013/01/john-reed-resigns-ceo-accepts-roche/

Jameson, Marni. "Reed Resigns as CEO of Sanford-Burnham." Orlando Sentinel. (February 3, 2013). From: http://articles.orlandosentinel.com/2013-02-03/news/os-cfb-health-0204-20130201_1_sanford-burnham-translational-research-health-care-providers

Aboraya, Abraham. "John C. Reed, Head of Sanford-Burnham, Resigns to Take Job in Pharma." Orlando Business Journal. (January 15, 2013). From: http://www.bizjournals.com/orlando/news/2013/01/15/john-c-reed-head-of-sanford-burnham.html


About the Author:
George F. Indest III, J.D., M.P.A., LL.M., is Board Certified by The Florida Bar in Health Law. He is the President and Managing Partner of The Health Law Firm, which has a national practice. Its main office is in the Orlando, Florida, area.
www.TheHealthLawFirm.com The Health Law Firm, 1101 Douglas Ave., Altamonte Springs, FL 32714, Phone: (407) 331-6620.

Tag Words: Sanford-Burnham Medical Research Institute, Sanford-Burnham, John Reed, M.D., Ph.D., Medical City, Lake Nona, Pharmaceutical Industry, La Jolla, California, health law attorney, health care lawyer, Florida health law attorney, Florida health care lawyer

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2/13/2013

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