The Board of Directors of Purdue/Napp/Mundipharma network of companies announces that Dr. Craig Landau is appointed President and CEO for the U.S. operations, Purdue Pharma, headquartered in Stamford, Connecticut, with immediate effect, and will retain responsibility for Purdue Pharma (Canada).
CEO Mark Timney is leaving Purdue to pursue other career opportunities. Timney joined Purdue Pharma as President and Chief Executive Officer in 2014, following a career with Merck, where he served in leadership roles for 15 years within the United States and abroad.
During Timney’s tenure, Purdue experienced diversification in the pain portfolio where the company announced a collaboration with AnaBios to advance the research of non-opioid, non-NSAID compounds for the treatment of chronic pain. Purdue also acquired the innovative, non-opioid, non-NSAID treatment VM-902A and the TrkA program in pain from VM Pharma. Additionally, a $790 million strategic research collaboration with Exicure to discover and develop treatments for psoriasis, a strategic collaboration with Eisai to jointly develop and commercialize the investigational candidate Lemborexant, and an alliance with Shionogi for the joint U.S. launch and commercialization of Symproic (naldemedine) were all launched under his leadership.
Dr. Craig Landau
Landau entered the pharmaceutical industry in 1997, and two years later joined Purdue Pharma. Through his 14 years with the U.S. organization, he became Purdue Pharma’s Chief Medical Officer and Vice President of R&D Innovation, Clinical and Medical Affairs. In this role and as part of the company’s Management Team, he and the R&D organization he led were responsible for a number of health policy initiatives as well as product registrations in the U.S. and other regions, including Butrans, reformulated OxyContin, Targiniq ER and Hysingla ER.
In 2013, Landau was appointed President and CEO of Purdue Pharma (Canada). Over the last three years, Purdue Pharma (Canada) has become a more diversified and stable business through the completion of multiple strategic business development transactions, as well as through contributions from its internal R&D function. In addition to a portfolio of approved prescription products for the treatment of pain, Purdue Pharma (Canada) offers prescription treatment options for patients suffering from attention deficit hyperactivity disorder (ADHD), chemotherapy-induced nausea and vomiting (CINV) and ophthalmic conditions, as well as over-the-counter (OTC) laxative, decongestant and antiseptic products.
Landau earned his B.Sc. in Physiology and Anatomy from Cornell University and his M.D. from Mount Sinai School of Medicine. He completed his Anesthesiology residency at Yale University, with specialty training in chronic pain management, obstetric and peripheral vascular anesthesia. He is also a U.S. Army Veteran, having concluded a distinguished 14-year career in 2005.