Leadership change at Transgene



Transgene SA of France has appointed Alessandro Riva, the current chairman, as chairman and chief executive officer, and confirmed its commitment to its oncolytic virus portfolio. This follows a decision by AstraZeneca Plc to end a research and development collaboration with the company and hand back an oncolytic virus asset poised to start clinical development in the US. According to Transgene, AstraZeneca took the decision after a strategic review of its pipeline. The French company said the decision would have a “limited impact” on its financial guidance.