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Name | Symbol | Market | Type |
---|---|---|---|
Novartis AG | NYSE:NVS | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.62 | -1.64% | 97.44 | 98.22 | 97.44 | 97.76 | 1,562,845 | 01:00:00 |
By Robb M. Stewart
MELBOURNE, Australia--CSL Ltd.'s (CSL.AU) chief financial officer is set to take the reins of the specialty biopharmaceutical company's new influenza-vaccine business, which it aims to launch at the start of next year.
Gordon Naylor, who has had executive-management responsibility for the company's existing vaccines and pharmaceutical business since 2012, will remain in his current role through a transition period with his successor, CSL said Thursday. The company plans to begin an international search for a new CFO shortly.
CSL's proposed new global influenza-vaccine unit will combine its existing operation, bioCSL, and the influenza-vaccine business bought from Novartis AG (NVS) last October for US$275 million. The new vaccine-manufacturing business will have plants in the U.S., U.K., Germany and Australia.
Write to Robb M. Stewart at robb.stewart@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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