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R&D Head Ehlers Bows Out As Confidence In Biogen's Pipeline Suffers From Setbacks

 
• By Mandy Jackson

EVP Michael Ehlers swaps public company scrutiny for early-stage, venture-funded opportunities at Apple Tree Partners and Limelight Bio, while CMO and longtime Biogen executive Alfred Sandrock reclaims R&D oversight role.

Executive-exit
Biogen's Ehlers submitted his resignation to work at VC firm Apple Tree. • Source: Shutterstock

The news that Biogen is losing research and development head Michael Ehlers at a time when the company's R&D pipeline is struggling to produce wins did not sit well on 1 October when it was announced that long-time Biogen veteran Alfred Sandrock will serve double duty as chief medical officer and executive vice president for R&D going forward.

Biogen's stock closed down 2.4% at $227.20 per share after EVP Ehlers' move from Biogen to Apple Tree Partners was...

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