Monday, August 27, 2012

Daniel O'Day to lead Roche Pharma as Pascal Soriot moves to AstraZeneca

Daniel O'Day.
Daniel O’Day, the former president and CEO of Roche Molecular Diagnostics in Pleasanton, will become chief operating officer of Roche Pharma as Pascal Soriot, who oversaw the tricky integration of Genentech Inc. into Roche, takes the helm of rival drug maker AstraZeneca. O’Day’s appointment is an important one, underscoring the Swiss drug maker’s commitment to developing companion diagnostics for its drugs. As COO of Roche Diagnostics since 2010, he has been a member of Roche’s executive committee. Roche CEO Severin Schwan noted in a press release late Monday night that O’Day has “a very impressive track record” in diagnostics and pharmaceuticals.

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